Edible Garden AG Incorporated (EDBL)

NASDAQ: EDBL · IEX Real-Time Price · USD
2.180
-0.100 (-4.39%)
May 24, 2024, 4:00 PM EDT - Market closed
-4.39%
Market Cap 6.99M
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 250,555
Open 2.180
Previous Close 2.280
Day's Range 2.180 - 2.180
52-Week Range 1.820 - 89.600
Beta 2.27
Analysts n/a
Price Target n/a
Earnings Date May 15, 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 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...

3 days 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 days 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...

12 days 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 ...

12 days 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...

19 days 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...

20 days 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...

4 weeks 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

4 weeks 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 ...

5 weeks 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

6 weeks 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...

6 weeks 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

7 weeks 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 ...

7 weeks 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...

2 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 ...

2 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...

2 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...

2 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 ...

2 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...

3 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...

3 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...

3 months ago - GlobeNewsWire

Edible Garden Receives US Patent No. D1, 010,365 S for Self-Watering In-Store Display

Consistent with Company's Zero-Waste Inspired® Mission, Self-Watering In-Store Displays Reduce Waste and Offer Superior Products to Consumers Consistent with Company's Zero-Waste Inspired® Mission, Se...

3 months ago - GlobeNewsWire

Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available at Woodman's Market

Expands Pulp Product Line of Sustainable, USDA Organic, 'Bland to Bold' Gourmet Sauces, to Wisconsin and Illinois Expands Pulp Product Line of Sustainable, USDA Organic, 'Bland to Bold' Gourmet Sauces...

3 months ago - GlobeNewsWire

Edible Garden Provides Update on Sustainability Initiatives Including Walmart's Project Gigaton

Leading the Controlled Environment Agriculture Space with Sustainable Solutions Company's Zero-Waste Inspired® Mission Targets Waste Reduction and Enhanced Supply Chain Productivity BELVIDERE, NJ, Jan...

4 months ago - GlobeNewsWire

Edible Garden Receives US Patent No. 11,830,088 B2 for GreenThumb Greenhouse Agriculture System

Marks Third Patent on Proprietary GreenThumb Web-Based Greenhouse Management and Demand Planning System Marks Third Patent on Proprietary GreenThumb Web-Based Greenhouse Management and Demand Planning...

4 months ago - GlobeNewsWire