Edible Garden AG rporated(EDBL)
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Edible Garden Transitions Business to Edible Garden Heartland on Schedule; Increased Efficiency and Owned Facility Expected to Positively Impact Margins
Newsfilter· 2024-04-03 21:00
BELVIDERE, NJ, April 03, 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 a new initiative aimed at vertical integration of its Edible Garden Heartland facility in Grand Rapids, Michigan, allowing the Company to shift production of its potted herbs from contract-growers to in-house production which is expected to e ...
Edible Garden Announces Reverse Stock Split of the Company's Common Stock
Newsfilter· 2024-04-03 04:30
公司拆分计划 - Edible Garden AG Incorporated宣布计划进行股票逆向拆分,比例为1股拆分为20股[1] - 拆分将于2024年4月5日生效,股票将在纳斯达克以"EDBL"交易[2] - 公司股东在2023年11月6日的特别股东大会上批准了进行1股拆分为5至1股拆分为50的修正公司章程,并授权董事会确定具体拆分比例,最终确定为1股拆分为20股[3] CEO表态 - CEO Jim Kras表示,拆分是为了满足纳斯达克的最低竞价要求,同时提高公司股票的市场价格,不会减少授权股票数量[4]
Edible Garden AG rporated(EDBL) - 2023 Q4 - Earnings Call Transcript
2024-04-01 21:48
业绩总结 - 公司2023年全年营收增长21.6%,第四季度营收同比增长32.8%[4] - 公司2023年全年毛利润为822,000美元,同比增长126%[7] - 公司2023年全年净亏损为1020万美元,每股亏损3.08美元[7] 新产品和新技术研发 - 公司推出了可持续美食酱料和辣椒制品"Pulp"产品线,进军全球酱料和调味品市场[4] - 公司计划通过推出更多高毛利产品和减少季节性影响来进一步提高毛利率[18] - 公司将推出符合零浪费理念的新产品,并计划进入调味品类市场[20] 市场扩张和并购 - 公司计划扩大产品线,提高利润率,并与零售合作伙伴合作推广产品[11] - 公司在2023年几乎翻了一番的毛利率增长主要归因于减少对承包种植商的依赖[18] - Heartland设施已投入运营,将有助于提高生产效率和降低成本[9]
Edible Garden AG rporated(EDBL) - 2023 Q4 - Annual Report
2024-04-01 19:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT 1934 Commission File Number: 001-41371 EDIBLE GARDEN AG INCORPORATED (Exact name of registrant as specified in its charter) Delaware 85-0558704 (State or other jurisdiction of (I.R.S. Employer incorporation or organi ...
Edible Garden AG rporated(EDBL) - 2023 Q4 - Annual Results
2024-04-01 19:05
财务表现 - 2023年全年营收达到1400万美元,同比增长21.6%[1][11] - 2023年第四季度营收达到410万美元,同比增长32.8%[1][8] - 毛利润增长458千美元,同比增长125.8%,毛利率提高了270个基点[1][14] - 公司在2023年的净亏损为1020万美元,同比减少了2500万美元[16] 创新成果 - 公司在2024年获得了两项新专利,分别是GreenThumb和自动浇水展示技术[1][6] 市场拓展 - 公司在2023年加强了与零售合作伙伴的关系,扩大了产品线和市场份额[5] - 公司在2023年增加了新产品线,如Pulp系列酱料,以及扩大了销售渠道[6] 公司资产 - 2023年12月31日,Edible Garden AG Incorporated的总资产为6,656,000美元,较2022年底的6,965,000美元有所下降[24] 财务状况 - 2023年,Edible Garden AG Incorporated的营收为14,049,000美元,较2022年的11,552,000美元有所增长,毛利润为822,000美元[25] - 2023年,Edible Garden AG Incorporated的净亏损为10,188,000美元,较2022年的12,453,000美元有所减少[25]
Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available Through KeHE Distributors, LLC
Newsfilter· 2024-03-14 21:00
Pulp sustainable gourmet USDA Organic fermented sauces BELVIDERE, NJ, March 14, 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 at Natural Products EXPO WEST® 2024 that KeHE Distributors will carry Edible Garden's new line of Pulp sustainable gourmet sauces and chili-based products. Mr. Jim Kras, Chief Executive ...
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
Newsfilter· 2024-03-07 21:45
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 BELVIDERE, NJ, March 07, 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, announced that the Company will showcase its new line of ...
Edible Garden Announces Appointment of Chanida Curnutt as Senior Vice President of Business Development and Compliance
Newsfilter· 2024-03-05 22:00
任命新高级副总裁 - Edible Garden AG Incorporated宣布任命Chanida Curnutt为高级副总裁[1] - Curnutt拥有超过13年的全球商业和交易策略经验[2] 公司背景 - Edible Garden AG Incorporated是一家在控制环境农业领域领先的公司[4]
Edible Garden to Participate in the Inaugural New Jersey Controlled Environment Agriculture (CEA) Executive Roundtable Hosted by the New Jersey Economic Development Agency (NJEDA)
Newsfilter· 2024-02-15 22:25
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 grown, organic, and sustainable Produce and products, today announced that Scott Prendergast, Chief Data Officer at the Company will be participating in the inaugural New Jersey Controlled Environment Agriculture Virtual Executive Roundtable taking place on February 15, 2024. Mr. Jim Kras, Chief Executive Offi ...
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
Newsfilter· 2024-02-12 21:30
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 grown, organic, and sustainable produce and products, today announced that the Company has signed 3-year agreements with a major U.S. food retailer to service, develop and expand the retailer's current Edible Garden product assortment. Mr. Jim Kras, Chief Executive Officer of Edible Garden, stated, "We are exc ...