Edible Garden AG Incorporated (EDBL)

NASDAQ: EDBL · IEX Real-Time Price · USD
6.59
+0.33 (5.27%)
At close: Apr 23, 2024, 4:00 PM
6.45
-0.14 (-2.12%)
After-hours: Apr 23, 2024, 7:47 PM EDT
5.27%
Market Cap 1.99M
Revenue (ttm) 14.05M
Net Income (ttm) -10.19M
Shares Out 301.82K
EPS (ttm) -61.60
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,966,825
Open 6.47
Previous Close 6.26
Day's Range 6.15 - 7.50
52-Week Range 3.62 - 89.60
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date May 13, 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

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

11 hours 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 ...

1 day 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

12 days 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...

14 days 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

20 days 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 ...

21 days 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...

22 days 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 ...

4 weeks 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...

5 weeks 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...

6 weeks 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 ...

7 weeks 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...

2 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...

2 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...

2 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...

2 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...

2 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...

2 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...

3 months ago - GlobeNewsWire

Edible Garden Receives OSHA Grant from the Michigan Occupational Safety and Health Administration

Grant provides for purchase of safety and health-related equipment and training at the Edible Garden Heartland Facility in Grand Rapids, Michigan Grant provides for purchase of safety and health-relat...

3 months ago - GlobeNewsWire

Edible Garden Achieves Over 50% Year-Over-Year Increase in Preliminary Produce Sales Results During Key Holiday Time Period

Achieves High Fulfillment Rates of 98% Commitment to Zero-Waste Inspired® Mission Fuels Growth BELVIDERE, New Jersey, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” o...

3 months ago - GlobeNewsWire

Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available at Target Retail Locations

Pulp Sustainable Gourmet USDA Organic Fermented Sauces BELVIDERE, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader...

3 months ago - GlobeNewsWire

Edible Garden Available at Uncle Giuseppe's Marketplace; Expands Company's Distribution Network

Uncle Giuseppe's Marketplace to Carry Company's Products in all of their Retail Locations Across New York and New Jersey Uncle Giuseppe's Marketplace to Carry Company's Products in all of their Retail...

3 months ago - GlobeNewsWire

Edible Garden Launches PulpFlavors.com E-Commerce Site

Platform to enhance consumer reach for Pulp product line; Consumers nationwide can directly buy our sustainable sauces and turn their meals from ‘Bland to Bold' Platform to enhance consumer reach for ...

3 months ago - GlobeNewsWire

Edible Garden to Showcase USDA Organic Produce and Sustainable Initiatives at 2023 New York Produce Show and Conference on December 6th

Company Will Exhibit Pulp Product Line of Sustainable Gourmet, USDA Organic, Fermented Sauces and Chili-Based Products Company Will Exhibit Pulp Product Line of Sustainable Gourmet, USDA Organic, Ferm...

5 months ago - GlobeNewsWire

Edible Garden Posts Over 45% Year-Over-Year Increase in Preliminary Sales Results During Key Thanksgiving Time Period

Record Sales Driven by High Fulfillment Rate; Reflects Company's Unwavering Commitment to Reliability and Efficiency

5 months ago - GlobeNewsWire