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Consumer Defensive - Agricultural Farm Products - NASDAQ - US
$ 0.1478
-2.7 %
$ 2.79 M
Market Cap
0.0
P/E
1. INTRINSIC VALUE

Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.[ Read More ]

The intrinsic value of one EDBL stock under the base case scenario is HIDDEN Compared to the current market price of 0.148 USD, Edible Garden AG Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart EDBL

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FINANCIALS
14 M REVENUE
21.62%
-9.87 M OPERATING INCOME
-9.65%
-10.2 M NET INCOME
18.19%
-8.53 M OPERATING CASH FLOW
7.12%
-1.02 M INVESTING CASH FLOW
49.73%
9.95 M FINANCING CASH FLOW
-11.90%
2.58 M REVENUE
-39.46%
-1.49 M OPERATING INCOME
-26.06%
-2.06 M NET INCOME
-6.78%
-1.11 M OPERATING CASH FLOW
75.77%
-10 K INVESTING CASH FLOW
91.07%
1.15 M FINANCING CASH FLOW
-82.34%
Balance Sheet Decomposition Edible Garden AG Incorporated
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Current Assets 2.65 M
Cash & Short-Term Investments 510 K
Receivables 1.25 M
Other Current Assets 888 K
Non-Current Assets 4.01 M
Long-Term Investments 0
PP&E 3.93 M
Other Non-Current Assets 82 K
Current Liabilities 2.9 M
Accounts Payable 1.23 M
Short-Term Debt 421 K
Other Current Liabilities 1.25 M
Non-Current Liabilities 4.04 M
Long-Term Debt 4.04 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Edible Garden AG Incorporated
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Revenue 14 M
Cost Of Revenue 13.2 M
Gross Profit 822 K
Operating Expenses 10 M
Operating Income -9.87 M
Other Expenses 315 K
Net Income -10.2 M
RATIOS
5.85% GROSS MARGIN
5.85%
-70.28% OPERATING MARGIN
-70.28%
-72.52% NET MARGIN
-72.52%
3537.50% ROE
3537.50%
-153.06% ROA
-153.06%
-238.54% ROIC
-238.54%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Edible Garden AG Incorporated
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Net Income -10.2 M
Depreciation & Amortization 1.59 M
Capital Expenditures -1.02 M
Stock-Based Compensation 31 K
Change in Working Capital -514 K
Others 493 K
Free Cash Flow -9.55 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Edible Garden AG Incorporated
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EDBL has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Edible Garden AG Incorporated
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
164 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
6.1 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
Apr 25, 2024
Bought 6.08 USD
UBS Group AG
10 percent owner
+ 1
6.085 USD
6 months ago
Apr 25, 2024
Bought 4.27 K USD
UBS Group AG
10 percent owner
+ 700
6.106 USD
6 months ago
Apr 25, 2024
Bought 1.8 K USD
UBS Group AG
10 percent owner
+ 300
6.0008 USD
6 months ago
Apr 24, 2024
Sell 6.2 USD
UBS Group AG
10 percent owner
- 1
6.2 USD
6 months ago
Apr 24, 2024
Sell 662 USD
UBS Group AG
10 percent owner
- 105
6.3 USD
6 months ago
Apr 25, 2024
Bought 11.8 USD
UBS Group AG
10 percent owner
+ 2
5.883 USD
6 months ago
Apr 25, 2024
Bought 6.24 USD
UBS Group AG
10 percent owner
+ 1
6.237 USD
6 months ago
Apr 25, 2024
Sell 5.95 USD
UBS Group AG
10 percent owner
- 1
5.95 USD
6 months ago
Apr 25, 2024
Bought 6.28 USD
UBS Group AG
10 percent owner
+ 1
6.28 USD
6 months ago
Apr 25, 2024
Sell 18.7 K USD
UBS Group AG
10 percent owner
- 3000
6.2485 USD
6 months ago
Apr 25, 2024
Sell 86.2 USD
UBS Group AG
10 percent owner
- 14
6.16 USD
6 months ago
Apr 25, 2024
Sell 616 USD
UBS Group AG
10 percent owner
- 100
6.16 USD
6 months ago
Apr 25, 2024
Sell 622 USD
UBS Group AG
10 percent owner
- 100
6.22 USD
6 months ago
Apr 25, 2024
Sell 205 USD
UBS Group AG
10 percent owner
- 33
6.22 USD
6 months ago
Apr 25, 2024
Sell 1.16 K USD
UBS Group AG
10 percent owner
- 186
6.22 USD
6 months ago
Apr 25, 2024
Sell 1.18 K USD
UBS Group AG
10 percent owner
- 190
6.235 USD
6 months ago
Apr 25, 2024
Sell 603 USD
UBS Group AG
10 percent owner
- 97
6.22 USD
6 months ago
Apr 25, 2024
Sell 140 K USD
UBS Group AG
10 percent owner
- 26335
5.3192 USD
1 year ago
Jun 02, 2023
Bought 1.51 K USD
DonAroma Pamela
Director
+ 1000
1.51 USD
1 year ago
May 18, 2023
Bought 1.68 K USD
Kras James E.
President and CEO
+ 1000
1.6778 USD
2 years ago
Sep 14, 2022
Bought 880 USD
JAMES MICHAEL C
Chief Financial Officer
+ 1000
0.88 USD
2 years ago
Sep 14, 2022
Bought 822 USD
Kras James E.
President and CEO
+ 875
0.9394 USD
2 years ago
Sep 08, 2022
Bought 5.07 K USD
JAMES MICHAEL C
Chief Financial Officer
+ 6070
0.8355 USD
2 years ago
May 19, 2022
Bought 1.5 K USD
Kras James E.
President and CEO
+ 900
1.67 USD
2 years ago
May 13, 2022
Bought 270 USD
Kras James E.
President and CEO
+ 150
1.8 USD
7. News
Edible Garden AG Incorporated (EDBL) Q3 2024 Earnings Call Transcript Edible Garden AG Incorporated (NASDAQ:EDBL ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Ted Ayvas - Crescendo Communications, IR Jim Kras - Chief Executive Officer Kostas Dafoulas - Interim Chief Financial Officer Conference Call Participants Anthony Vendetti - The Maxim Group Operator Good morning. And welcome to the Edible Garden AG Incorporated's 2024 Third Quarter Business Update. seekingalpha.com - 4 days ago
Edible Garden Reports a 324% Year-Over-Year Increase in Gross Profit for Nine-Month Period Ending September 2024 Healthy Core Business Operations - Year-to-Date Cut Herbs Sales Up 55% and Pulp Sales Up; Momentum Expected to Continue into 2025 globenewswire.com - 4 days ago
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 globenewswire.com - 3 weeks ago
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 sustainably focused, kosher, Non-GMO Pickle Party product line; leading the way in the fresh condiments category with cleaner and better-for-you ingredients globenewswire.com - 4 weeks ago
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 grown, organic, and sustainable produce and products, today announced that it received notice from The Nasdaq Stock Market on October 9, 2024, indicating that Edible Garden had regained compliance with the minimum stockholders' equity requirement for continued listing on Nasdaq under Nasdaq Listing Rule 5550(b)(1). globenewswire.com - 1 month ago
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 distribution by incorporating the Southeast region; underscores a shared commitment to delivering quality, sustainability, and the freshest products globenewswire.com - 1 month ago
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), locally grown, organic, and sustainable produce and products, today announced the closing of its previously announced public offering of an aggregate of 15,700,650 shares of its common stock (or pre-funded warrants in lieu thereof), Class A warrants to purchase up to 15,700,650 shares of common stock, and Class B warrants to purchase up to 15,700,650 shares of common stock, at a combined public offering price of $0.36 per share (or $0.35 per pre-funded warrant) and accompanying warrants. The warrants have an exercise price of $0.36 per share, and were exercisable immediately upon issuance. The Class A warrants will expire on the fifth anniversary of the original issuance date, and the Class B warrants will expire on the eighteen-month anniversary of the original issuance date. Gross proceeds, before deducting placement agent fees and offering expenses, were approximately $5.65 million. globenewswire.com - 1 month ago
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), locally grown, organic, and sustainable produce and products, today announced the pricing of a public offering of an aggregate of 15,700,650 shares of its common stock (or pre-funded warrants in lieu thereof), Class A warrants to purchase up to 15,700,650 shares of common stock, and Class B warrants to purchase up to 15,700,650 shares of common stock, at a combined public offering price of $$0.36 per share (or $0.35 per pre-funded warrant) and accompanying warrants. The warrants will have an exercise price of $0.36 per share, will be exercisable immediately upon issuance. The Class A warrants will expire on the fifth anniversary of the original issuance date, and the Class B warrants will expire on the eighteen-month anniversary of the original issuance date. The closing of the offering is expected to occur on or about September 30, 2024, subject to the satisfaction of customary closing conditions. Gross proceeds, before deducting placement agent fees and offering expenses, are expected to be approximately $5.65 million. globenewswire.com - 1 month ago
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 grown, organic, sustainable produce and products, today announced that its USDA Organic herb product line is now available at Green's Natural Foods and The Extra Supermarket in New York and New Jersey. globenewswire.com - 2 months ago
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 grown, organic, and sustainable produce and products, today announced that it will exhibit its 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. globenewswire.com - 2 months ago
Why Is Edible Garden (EDBL) Stock Up 10% Today? Edible Garden (NASDAQ: EDBL ) stock is up on Wednesday after the agriculture farming company announced its earnings results for the second quarter of the year. Edible Garden reported diluted earnings per share of -$1.21 for the quarter. investorplace.com - 3 months ago
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 globenewswire.com - 3 months ago
8. Profile Summary

Edible Garden AG Incorporated EDBL

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COUNTRY US
INDUSTRY Agricultural Farm Products
MARKET CAP $ 2.79 M
Dividend Yield 0.00%
Description Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.
Contact 283 County Road 519, Belvidere, NJ, 07823 https://www.ediblegarden.com
IPO Date May 5, 2022
Employees 116
Officers Mr. James E. Kras Founder, Chief Executive Officer, President, Treasurer, Secretary & Chairman Ms. Chanida Curnutt Senior Vice President of Business Development & Compliance Mr. David Ross Vice President of Sales & Marketing Mr. Kostas Dafoulas Interim Chief Financial Officer Ms. Amanda Caton Head of Grower