Edible Garden AG Incorporated (EDBL)

NASDAQ: EDBL · IEX Real-Time Price · USD
1.230
-0.040 (-3.15%)
At close: Jul 2, 2024, 4:00 PM
1.200
-0.030 (-2.44%)
After-hours: Jul 2, 2024, 6:59 PM EDT
-3.15%
Market Cap 3.94M
Revenue (ttm) 14.73M
Net Income (ttm) -11.28M
Shares Out 3.20M
EPS (ttm) -46.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 191,878
Open 1.290
Previous Close 1.270
Day's Range 1.120 - 1.290
52-Week Range 1.120 - 89.600
Beta 1.94
Analysts n/a
Price Target n/a
Earnings Date Aug 8, 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 116
Stock Exchange NASDAQ
Ticker Symbol EDBL
Full Company Profile

Financial Performance

In 2023, EDBL'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 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...

14 hours 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

8 days 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...

4 weeks 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

4 weeks 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 weeks 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 weeks ago - GlobeNewsWire

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 weeks 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 weeks 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...

7 weeks 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...

2 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...

2 months ago - GlobeNewsWire

EY Announces Jim Kras, CEO of Edible Garden AG Incorporated as an Entrepreneur Of The Year® 2024 New Jersey Award Finalist

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future

2 months ago - GlobeNewsWire

Edible Garden Regains Compliance with Nasdaq Bid Price Requirement

BELVIDERE, NJ, April 22, 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 Announces Pulp Sustainable Line of Products Now Available Through UNFI Distributors

Making Pulp's ‘Bland to Bold' products available to consumers across North America Making Pulp's ‘Bland to Bold' products available to consumers across North America

2 months ago - GlobeNewsWire

Edible Garden Begins Shipping Spring Ornamentals and Florals For Sale at Major Big Box Retailers

Higher Margin Ornamental and Floral Shipments Expected to Positively Impact Company's Overall Margins Higher Margin Ornamental and Floral Shipments Expected to Positively Impact Company's Overall Marg...

3 months ago - GlobeNewsWire

Edible Garden Transitions Business to Edible Garden Heartland on Schedule; Increased Efficiency and Owned Facility Expected to Positively Impact Margins

Shifts contract-grower production in-house; now shipping to major Midwest retailers Shifts contract-grower production in-house; now shipping to major Midwest retailers

3 months ago - GlobeNewsWire

Edible Garden Announces Reverse Stock Split of the Company's Common Stock

BELVIDERE, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

3 months ago - GlobeNewsWire

Edible Garden Reports 21.6% Year-over-Year Revenue Growth for 2023

32.8% Year-Over-Year Revenue Growth for Fourth Quarter of 2023 Gross Profit Increases 125.8% in 2023 with Gross Margin Increasing by 270 Basis Points Edible Garden Secures Two New Patents in 2024 High...

3 months ago - GlobeNewsWire

Edible Garden Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call

BELVIDERE, NJ, March 25, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

3 months ago - GlobeNewsWire

Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available Through KeHE Distributors, LLC

Premier Distributor of Natural & Organic, Specialty, and Fresh Products Opens Door to More Than 31,000 Retail Locations for Pulp Premier Distributor of Natural & Organic, Specialty, and Fresh Products...

3 months ago - GlobeNewsWire

Edible Garden to Showcase Pulp Sustainable Line of Gourmet Sauces and Chili-Based Products Including Additional New Products at Natural Products EXPO WEST® 2024 in Anaheim, California, March 14th-16th

Available at Target, Whole Foods, Morton Williams, Dierbergs Markets, and Woodman's Market Recently Launched PulpFlavors.com E-Commerce Site to Make Pulp Accessible to Customers Across the Country BEL...

4 months ago - GlobeNewsWire

Edible Garden Announces Appointment of Chanida Curnutt as Senior Vice President of Business Development and Compliance

BELVIDERE, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

4 months ago - GlobeNewsWire

Edible Garden Announces New Grant Funding from Michigan Department of Labor and Economic Opportunity - Workforce Development Through West Michigan Works!

‘Going PRO Grant' Aimed at Training, Developing, and Retaining Current and Newly Hired Employees in Key Areas Such as Supply Chain Management, Transportation and Logistics ‘Going PRO Grant' Aimed at T...

4 months ago - GlobeNewsWire

Edible Garden to Participate in the Inaugural New Jersey Controlled Environment Agriculture (CEA) Executive Roundtable Hosted by the New Jersey Economic Development Agency (NJEDA)

BELVIDERE, NJ, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

4 months ago - GlobeNewsWire

Edible Garden Signs 3-Year Expanded Distribution Agreements with Major U.S. Food Retailer; Expected to Generate $18 - $20 Million of Revenue Over the 3-Year Term

BELVIDERE, NJ, Feb. 12, 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