Edible Garden AG Inc

Edible Garden AG, Inc. is a controlled environment agriculture (CEA) farming company, which engages in the usage of traditional agricultural growing techniques together with technology to grow organic food. Its products include lettuces, potted herbs, and cut herbs. The company was founded by James E. Kras and Michael C. James on March 28, 2020 and is headquartered in Belvidere, NJ.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Edible Garden AG Inc reports stellar Q2 results and eyes market expansion

Edible Garden AG Inc (EDBL) delivered impressive financial performance in Q2 2024, with substantial profit growth and margin improvement.
The company's strengths lie in its focus on sustainability, innovative partnerships, and commitment to social responsibility, positioning it well for future growth.
While facing challenges in a competitive market and operational scalability, Edible Garden can leverage market opportunities and product diversification for continued success.

Edible Garden AG Inc reports strong Q3 performance and growth opportunities

Edible Garden AG Inc's Q3 2024 performance reflected strong sales growth in cut herbs, strategic financial management, and investment in growth initiatives.
While facing challenges in revenue decline and operational adjustments, the company's strengths in partnerships, innovation, and cost management offer opportunities for future growth.
With a focus on streamlining operations, expanding product lines, and maintaining market confidence, Edible Garden AG Inc is poised for continued growth and success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Products to Initially Launch at Whole Foods Market Locations Across Mid-Atlantic and Southeastern Divisions in Summer 2023 Products to Initially Launch at Whole Foods Market Locations Across Mid-Atlantic and Southeastern Divisions in Summer 2023

Edible Garden Announces Whole Foods Market Plans to Carry Pulp Sustainable Gourmet Sauces and Chili-Based Products

Ranking Based on Business Size, Digital Footprint and Sustainability Practices Ranking Based on Business Size, Digital Footprint and Sustainability Practices

Edible Garden Named a Top Global FoodTech Company in the 2022 FoodTech 500 Rankings

Marks Company's Entrée into the Global Sauces and Condiments Market, which is Projected to Grow to More Than $240 Billion by 2028 Marks Company's Entrée into the Global Sauces and Condiments Market, which is Projected to Grow to More Than $240 Billion by 2028

Edible Garden Takes Food from “Bland to Bold™” with Launch of Pulp Sustainable Line of Gourmet Sauces and Chili-Based Products at Natural Products EXPO WEST® 2023 in Anaheim, California March 8th-10th

Research Funded by the Environmental Protection Agency's Pollution Prevention (P2) Program to Evaluate the Benefits of Nanobubble Technology on Plant Growth Research Funded by the Environmental Protection Agency's Pollution Prevention (P2) Program to Evaluate the Benefits of Nanobubble Technology on Plant Growth

Edible Garden Announces Research Partnership with the New Jersey Institute of Technology, the USDA, and the Environmental Protection Agency to Study Nanobubble Technology

BELVIDERE, NJ, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced the closing of its upsized underwritten public offering of 1,619,000 units, with each unit consisting of one share of common stock and one warrant to purchase one share of common stock. Each unit was sold at a public offering price of $6.30 per unit. The warrants in the units are immediately exercisable at a price of $6.30 per share and expire five years from the date of issuance. The shares of common stock and accompanying warrants can only be purchased together in this offering, but were issued separately and were immediately separable upon issuance. Gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses, are approximately $10.2 million.

Edible Garden Announces Closing of Upsized $10.2 Million Underwritten Public Offering

Edible Garden (NASDAQ: EDBL ) stock is falling hard on Friday as investors react to a proposed public stock offering. Edible Garden is planning a public offering that would see the company raise no more than $4,017,525.

Why Is Edible Garden (EDBL) Stock Down 45% Today?

BELVIDERE, NJ, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced the pricing of its upsized underwritten public offering of 1,619,000 units, with each unit consisting of one share of common stock and one warrant to purchase one share of common stock. Each unit is being sold at a public offering price of $6.30 per unit. The warrants in the units will be immediately exercisable at a price of $6.30 per share and will expire five years from the date of issuance. The shares of common stock and accompanying warrants can only be purchased together in this offering, but will be issued separately and will be immediately separable upon issuance. Gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $10.2 million.

Edible Garden Announces Pricing of Upsized $10.2 Million Underwritten Public Offering

With sentiment in the major equity indices gaining robustly in the new year, some traders have an eye on speculation, as indicated by recent upside for Edible Gardens (NASDAQ: EDBL ). Specializing in locally grown organic produce, Edible Gardens struggled since its public market debut last year.

Edible Garden (EDBL) Stock Surges With No Shares Available to Short

BELVIDERE, NJ, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”)  (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products,today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-30. The reverse stock split will take effect as of 12:01 a.m. ET, on Thursday, January 26, 2023, and shares of Edible Garden will trade on a post-split basis on Nasdaq under the existing trading symbol, “EDBL,” at the market open on January 26, 2023.

Edible Garden Announces Results of Special Stockholder Meeting

Edible Garden Products to be Available in All 16 Morton Williams Retail Locations in the New York Metropolitan Area Edible Garden Products to be Available in All 16 Morton Williams Retail Locations in the New York Metropolitan Area

Edible Garden Announces New Distribution with Morton Williams Supermarkets

BELVIDERE, NJ, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced that it has achieved above-industry order fulfillment rates, which led in part to a successful 2022 holiday season.

Edible Garden Order Fulfillment Rate Exceeds Industry Average, Contributing to Successful Holiday Season

Commences Growing and Expects FDA Food Safety and USDA Organic Certifications in January 2023

Edible Garden Completes Phase One Buildout of Edible Garden Heartland Ahead of Schedule

Edible Garden Products to be Available in 29 Gristedes and D'Agostino retail locations, situated in densely populated, high-traffic Urban Areas, in Manhattan, Brooklyn and Westchester Counties Edible Garden Products to be Available in 29 Gristedes and D'Agostino retail locations, situated in densely populated, high-traffic Urban Areas, in Manhattan, Brooklyn and Westchester Counties

Edible Garden Announces New Distribution with Gristedes and D'Agostino Supermarkets

BELVIDERE, NJ, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce, announces that it will exhibit its expanding line of world-class, certified organic potted herbs, organic cut herbs, hydroponic basil, and local hydroponic lettuces, as well as highlight its Zero-Waste Inspired® initiatives, at the 2022 New York Produce Show and Conference, booth #328, in New York City on Thursday, December 1, 2022.

Edible Garden to Display Expanding Product Lines and Sustainability Initiatives at the 2022 New York Produce Show and Conference on December 1st

Provides Customers with a Fresh and Convenient, All-in-One Source of Essential Seasonings, Including Rosemary, Thyme and Sage for Holiday Meals Provides Customers with a Fresh and Convenient, All-in-One Source of Essential Seasonings, Including Rosemary, Thyme and Sage for Holiday Meals

Edible Garden Now Offers It's Unique “Poultry Mix” Potted Herbs at New Retailers

BELVIDERE, N.J., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce, today announced it has acquired the assets of Pulp, including its lines of sustainable gourmet sauces and chili-based products.

Edible Garden Acquires Pulp Flavors to Expand Presence in Sustainable Gourmet Sauces

Edible Garden's Heartland Facility - Q3 Acquisition Expected to Begin Operations by Year-End Expanding Capacity to Support up to $20 Million in Annualized Revenue

Edible Garden Reports Second Consecutive Quarter of Year-Over-Year Revenue Growth; Revenue Increases 12.5% Year-Over-Year for the Third Quarter of 2022

BELVIDERE, NJ, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce, announced today that it will host a conference call on Thursday, November 10, 2022, at 11:00 AM Eastern Time to discuss financial results for the quarter ended September 30, 2022, and provide a business update.

Edible Garden Schedules Third Quarter 2022 Financial Results and Business Update Conference Call

BELVIDERE, NJ, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”)  (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce, announces that it will exhibit its innovative line of world-class, certified organic potted herbs, organic cut herbs, hydroponic basil, and local hydroponic lettuces, as well as highlight its Zero-Waste Inspired® initiatives, at the Global Produce & Floral Show, booth #5672, in Orlando, Florida from Thursday, October 27 to Saturday, October 29, 2022.

Edible Garden to Showcase Innovative Product Lines and Zero-Waste Inspired® Initiatives at the 2022 Global Produce & Floral Show in Orlando, Florida October 27th – 29th

Three Sustainable and Locally Grown Salad Kits Now Available : Caesar Salad , Crisp Ranch, and Baby Arugula

Edible Garden Announces New Greenhouse Grown Salad Kits; Set to Launch First at Meijer Locations Across the Midwest

BELVIDERE, NJ, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”)  (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce, today announced the appointment of Deborah K. Pawlowski to the Edible Garden Board of Directors, effective October 14, 2022. Ms. Pawlowski has been appointed to the Audit Committee, Compensation Committee, and Nominating and Governance Committee of the Board and has been appointed as Chair of the Compensation Committee.

Edible Garden Announces Appointment of Deborah K. Pawlowski to Board of Directors

BELVIDERE, NJ / ACCESSWIRE / October 6, 2022 / - Edible Garden AG Incorporated ("Edible Garden" or the "Company") (Nasdaq:EDBL,EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce, today announced that Jim Kras, Chief Executive Officer of Edible Garden, has been invited to present at the 2022 MicroCap Rodeo Windy City Roundup Conference, which is being held on October 12 - 13, 2022 in Chicago, Illinois. Mr. Kras is scheduled to present on Thursday, October 13th at 1:30 p.m.

Edible Garden to Present at MicroCap Rodeo's Windy City Roundup Conference on October 13th

DALLAS--(BUSINESS WIRE)--Greenleaf Growers, a Generational Equity client, was acquired by 2900 Madison Ave Holdings, a holding company of Edible Garden.

Generational Equity Advises Greenleaf Growers in its Sale to 2900 Madison Ave Holdings

Advances Company's Commitment to the Local Midwest Market

“Edible Garden Heartland” - A Zero-Waste Inspired® Multifaceted AgTech Facility Planned to Open in Grand Rapids, Michigan

Agriforce Growing Systems Ltd

Neptune Wellness Solutions Inc.

Hot penny stocks to watch today. The post Penny Stocks To Watch: Why EDBL AGRI & NEPT Stocks Exploded This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

News for Edible Garden AG Inc Stock (EDBL)