Edible Garden AG Incorporated (EDBL)

NASDAQ: EDBL · Real-Time Price · USD
0.134
+0.001 (0.98%)
At close: Nov 4, 2024, 4:00 PM
0.127
-0.007 (-5.46%)
After-hours: Nov 4, 2024, 7:58 PM EST
0.98%
Market Cap 990.26K
Revenue (ttm) 14.77M
Net Income (ttm) -12.58M
Shares Out 7.40M
EPS (ttm) -18.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,097,205
Open 0.130
Previous Close 0.133
Day's Range 0.122 - 0.135
52-Week Range 0.122 - 13.400
Beta 1.92
Analysts n/a
Price Target n/a
Earnings Date Nov 11, 2024

About EDBL

Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was foun... [Read more]

Industry Farm Products
IPO Date May 5, 2022
Employees 124
Stock Exchange NASDAQ
Ticker Symbol EDBL
Full Company Profile

Financial Performance

In 2023, Edible Garden AG's revenue was $14.05 million, an increase of 21.62% compared to the previous year's $11.55 million. Losses were -$10.19 million, -18.19% less than in 2022.

Financial Statements

News

Edible Garden Receives USDA Grants to Support Organic Certification Research & Development at Belvidere, New Jersey, and Grand Rapids Michigan Facilities

Company's Zero-Waste Inspired® mission aligns with USDA organic certification goals Company's Zero-Waste Inspired® mission aligns with USDA organic certification goals

10 days ago - GlobeNewsWire

Edible Garden Hosts ‘Pickle Party' at the 2024 Global Produce & Floral Show at the Georgia World Congress Center in Atlanta, Georgia, October 18th – 19th

Company to introduce sustainably focused, kosher, Non-GMO Pickle Party product line; leading the way in the fresh condiments category with cleaner and better-for-you ingredients Company to introduce s...

17 days ago - GlobeNewsWire

Edible Garden Regains Compliance with Nasdaq Continued Listing Requirements

BELVIDERE, NJ, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

25 days ago - GlobeNewsWire

Edible Garden's USDA Organic Herb Line Now Shipping to H Mart Stores

Enhances current H Mart distribution by incorporating the Southeast region; underscores a shared commitment to delivering quality, sustainability, and the freshest products Enhances current H Mart dis...

4 weeks ago - GlobeNewsWire

Edible Garden Announces Closing of $5.65 Million Public Offering

BELVIDERE, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locall...

5 weeks ago - GlobeNewsWire

Edible Garden Announces Pricing of $5.65 Million Public Offering

BELVIDERE, N.J., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locall...

5 weeks ago - GlobeNewsWire

Edible Garden USDA Organic Herb Product Line Now Available at Green's Natural Foods and The Extra Supermarket Locations

BELVIDERE, NJ, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

7 weeks ago - GlobeNewsWire

Edible Garden to Showcase Kick Sports Nutrition Product Line at ECRM's Vitamin, Weight Management & Sports Nutrition Session at the PGA National Resort & Spa, Palm Beach Gardens September 8th - September 11th

BELVIDERE, NJ, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

2 months ago - GlobeNewsWire

Edible Garden AG Incorporated (EDBL) Q2 2024 Earnings Call Transcript

Edible Garden AG Incorporated (NASDAQ:EDBL) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants Ted Ayvas - Investor Relations James Kras - Chief Executive Officer Kostas...

2 months ago - Seeking Alpha

Edible Garden Reports Preliminary 30% Year-over-Year Sales Growth in Vitamins and Supplements for the Second Quarter of 2024

Plans to Develop More Cutting-Edge Formulas and Creative Flavors through Partnership with Nutracom Plans to Develop More Cutting-Edge Formulas and Creative Flavors through Partnership with Nutracom

3 months ago - GlobeNewsWire

Edible Garden Products Now Available at Seasons Kosher and New Lincoln Market Locations

Aligns with the Company's mission to offer locally grown produce and promote smaller local stores Aligns with the Company's mission to offer locally grown produce and promote smaller local stores

3 months ago - GlobeNewsWire

Edible Garden Achieves Over 44% Year-Over-Year Increase in Preliminary Overall Produce Sales Results During Key July 4th Time Period

High Fulfillment Rate During the Period, 99%, and Reduced Dependence on Third-Party Growers Keys to Success High Fulfillment Rate During the Period, 99%, and Reduced Dependence on Third-Party Growers ...

3 months ago - GlobeNewsWire

Edible Garden, ‘The Flavor Maker,' Transforming the Fresh Condiments Product Category with Pulp Flavors Line of USDA Organic, Fermented & Sustainable Gourmet Sauces and Chili-Based Products

Experience the innovative flavors of Pulp yourself at Booth #117 at the 2024 Organic Produce Summit today at the Monterey Conference Center Experience the innovative flavors of Pulp yourself at Booth ...

4 months ago - GlobeNewsWire

Edible Garden Institutes Comprehensive Training Program with Abilities of Northwest Jersey Inc.

Company reaffirms commitment to community involvement, local investment, and leadership in ESG and sustainability initiatives Company reaffirms commitment to community involvement, local investment, a...

4 months ago - GlobeNewsWire

Edible Garden Introduces Integrated Rack Program with Hemingways

Designed to offer retail partners an improved and more efficient way to display the Company's herbs Designed to offer retail partners an improved and more efficient way to display the Company's herbs

4 months ago - GlobeNewsWire

Edible Garden Full Product Line Now Available at All Brooklyn Fare New York City Locations

BELVIDERE, NJ, June 03, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

5 months ago - GlobeNewsWire

Edible Garden Achieves High Scores in PrimusGFS Food Safety Audit; Reinforces Company's Leadership Role in Food Safety

Further validates Edible Garden's Zero-Waste Inspired® mission to deliver safe & sustainably grown produce to its customers

5 months ago - GlobeNewsWire

Edible Garden Completes Phase Two of Packhouse Buildout at Company's Flagship Belvidere NJ Facility

Packhouse adds Processing and Warehousing Capabilities to Facility; Expected to Expand Company's Capacity State-of-the-Art GreenThumb Technology to be Integrated at Facility; Expected to Increase Prod...

5 months ago - GlobeNewsWire

Edible Garden Announces Pricing of $6.0 Million Public Offering

BELVIDERE, NJ, May 22, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally gr...

5 months ago - GlobeNewsWire

Edible Garden AG Incorporated (EDBL) Q1 2024 Earnings Call Transcript

Edible Garden AG Incorporated (NASDAQ:EDBL) Q1 2024 Earnings Conference Call May 15, 2024 8:00 AM ET Company Participants Ted Ayvas - Investor Relations Jim Kras - Chief Executive Officer Kostas Dafo...

6 months ago - Seeking Alpha

Edible Garden stock nearly doubles on Q1 earnings report

Edible Garden AG Inc (NASDAQ: EDBL) nearly doubled in premarket on Wednesday after reporting a significantly year-over-year increase in its first-quarter revenue.  Edible Garden CEO on Q1 earnings The...

6 months ago - Invezz

Edible Garden Reports Significant 27.6% Year-Over-Year Revenue Growth for First Quarter of 2024

195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points 95% of Edible Garden Fresh Product Line Being Produced at Company-Owned Facilities - Strategic Pivot Away from ...

6 months ago - GlobeNewsWire

Edible Garden Schedules First Quarter 2024 Financial Results and Business Update Conference Call

BELVIDERE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally gr...

6 months ago - GlobeNewsWire

Edible Garden Announces Product Development Agreement with Hermann Pickle Company

R&D partnership focused on next-generation fermented product development Strategy to leverage Edible Garden's credibility in produce for new product expansion BELVIDERE, NJ, May 07, 2024 (GLOBE NEWSWI...

6 months ago - GlobeNewsWire

Edible Garden Begins Shipping ‘Garden Starters' in Time for Spring Planting Season

Potted Herbs and Basil Bowls Available for Home Gardening Enthusiasts Sustainably driven Edible Garden Heartland facility in Grand Rapids, Michigan to manage the entire production, packaging, and dist...

6 months ago - GlobeNewsWire