Edible Garden AG Incorporated(EDBL)Earnings, Financials & Key Ratios
EDBL•NASDAQ
$0.39
$85626 mkt cap·Price updated May 6, 2026
AboutEdible 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.Show more
- Revenue$14M-1.4%
- EBITDA-$8M+1.9%
- Net Income-$11M-8.5%
- EPS (Diluted)-68.38+95.6%
- Gross Margin16.68%+185.2%
- EBITDA Margin-58.7%+0.5%
- Operating Margin-66.93%+4.8%
- Net Margin-79.75%-10.0%
- ROE-580.71%
- ROIC-173.26%+8.5%
- Debt/Equity0.93
- Interest Coverage-7.61+69.9%
EDBL Key Insights
Edible Garden AG Incorporated (EDBL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 19.7%
- ✓Trading at only 0.0x book value
- ✓Efficient asset utilization: 1.2x turnover
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 1 (bottom 1%)
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
EDBL Price & Volume
Edible Garden AG Incorporated (EDBL) stock price & volume — 10-year historical chart
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EDBL Growth Metrics
Edible Garden AG Incorporated (EDBL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years19.72%
3 Years9.66%
TTM-10.77%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-18.66%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM58.41%
Return on Capital
10 Years-222.98%
5 Years-254.9%
3 Years-317.68%
Last Year-196.15%
EDBL Peer Comparison
Edible Garden AG Incorporated (EDBL) competitors in Produce and Specialty Crop Farming — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AVO | 964.12M | 13.61 | 25.68 | 12.68% | 2.48% | 5.46% | 0.32 | |
 GRWG | 81.98M | 1.37 | -3.43 | -14.36% | -14.87% | -22.9% | 0.30 | |
 CALM | 3.62B | 76.05 | 3.05 | 83.19% | 27.37% | 42.74% | ||
 VITL | 537.57M | 12.00 | 8.33 | 25.26% | 8.73% | 18.87% | 0.15 | |
 FRSH | 2.58B | 8.87 | 14.07 | 16.43% | 20.69% | 18.54% | 0.06 | |
 FDP | 1.78B | 37.50 | 19.95 | 1.08% | 1.63% | 3.41% | 0.23 | |
 SYY | 35.12B | 73.33 | 19.66 | 3.2% | 2.08% | 80.72% | 7.81 | |
 USFD | 23.6B | 92.05 | 31.31 | 4.08% | 1.43% | 12.48% | 1.21 |
Compare EDBL vs Peers
Edible Garden AG Incorporated (EDBL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
EDBL Income Statement
Edible Garden AG Incorporated (EDBL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.63M | 9.44M | 10.51M | 11.55M | 14.05M | 13.86M | 12.55M |
| Revenue Growth % | - | 67.57% | 11.29% | 9.95% | 21.62% | -1.37% | -10.77% |
| Cost of Goods Sold | 4.37M | 8.09M | 9.86M | 11.19M | 13.23M | 11.54M | 11.54M |
| COGS % of Revenue | 77.49% | 85.66% | 93.83% | 96.85% | 94.15% | 83.32% | - |
| Gross Profit | 1.27M▲ 0% | 1.35M▲ 6.8% | 648K▼ 52.1% | 364K▼ 43.8% | 822K▲ 125.8% | 2.31M▲ 181.3% | 1.02M▲ 0% |
| Gross Margin % | 22.51% | 14.34% | 6.17% | 3.15% | 5.85% | 16.68% | 8.11% |
| Gross Profit Growth % | - | 6.78% | -52.14% | -43.83% | 125.82% | 181.27% | - |
| Operating Expenses | 5.29M | 5.16M | 5.61M | 9.37M | 10.7M | 11.59M | 13.84M |
| OpEx % of Revenue | 93.91% | 54.6% | 53.4% | 81.09% | 76.13% | 83.62% | - |
| Selling, General & Admin | 5.29M | 5.16M | 5.61M | 9.37M | 10.01M | 11.59M | 14.44M |
| SG&A % of Revenue | 93.91% | 54.6% | 53.4% | 81.09% | 71.24% | 83.62% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 686K | 0 | -601K |
| Operating Income | -4.02M▲ 0% | -3.8M▲ 5.5% | -4.96M▼ 30.6% | -9M▼ 81.4% | -9.87M▼ 9.7% | -9.28M▲ 6.1% | -12.82M▲ 0% |
| Operating Margin % | -71.41% | -40.26% | -47.24% | -77.94% | -70.28% | -66.93% | -102.11% |
| Operating Income Growth % | - | 5.52% | -30.57% | -81.42% | -9.65% | 6.06% | - |
| EBITDA | -3.41M | -3.03M | -4.14M | -7.97M | -8.29M | -8.13M | -10.71M |
| EBITDA Margin % | -60.51% | -32.08% | -39.39% | -68.98% | -59.02% | -58.7% | -85.32% |
| EBITDA Growth % | - | 11.15% | -36.65% | -92.51% | -4.07% | 1.9% | -29.8% |
| D&A (Non-Cash Add-back) | 614K | 772K | 824K | 1.04M | 1.58M | 1.14M | 2.11M |
| EBIT | -3.99M | -3.6M | -4.92M | -10.42M | -9.8M | -9.83M | -13.54M |
| Net Interest Income | 0 | 0 | -617K | -2.03M | -390K | -1.22M | -1.49M |
| Interest Income | 0 | 112K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 112K | 617K | 2.03M | 390K | 1.22M | 1.49M |
| Other Income/Expense | 35K | 88K | -575K | -3.45M | -315K | -1.78M | -1.67M |
| Pretax Income | -3.99M▲ 0% | -3.71M▲ 6.9% | -5.54M▼ 49.2% | -12.45M▼ 124.9% | -10.19M▲ 18.2% | -11.05M▼ 8.5% | -14.49M▲ 0% |
| Pretax Margin % | -70.78% | -39.33% | -52.71% | -107.8% | -72.52% | -79.75% | -115.44% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -3.99M▲ 0% | -3.71M▲ 6.9% | -5.54M▼ 49.2% | -12.45M▼ 124.9% | -10.19M▲ 18.2% | -11.05M▼ 8.5% | -14.49M▲ 0% |
| Net Margin % | -70.78% | -39.33% | -52.71% | -107.8% | -72.52% | -79.75% | -115.44% |
| Net Income Growth % | - | 6.9% | -49.15% | -124.86% | 18.19% | -8.47% | -18.66% |
| Net Income (Continuing) | -3.99M | -3.71M | -5.54M | -12.45M | -10.19M | -11.05M | -14.49M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -301.16▲ 0% | -280.40▲ 6.9% | -418.22▼ 49.2% | -973.73▼ 132.8% | -1541.79▼ 58.3% | -68.38▲ 95.6% | -4.94▲ 0% |
| EPS Growth % | - | 6.89% | -49.15% | -132.83% | -58.34% | 95.56% | 58.41% |
| EPS (Basic) | -301.16 | -280.40 | -418.22 | -973.73 | -1541.79 | -68.38 | - |
| Diluted Shares Outstanding | 13.24K | 13.24K | 13.24K | 12.79K | 6.61K | 218.27K | 2.93M |
| Basic Shares Outstanding | 13.24K | 13.24K | 13.24K | 12.79K | 6.61K | 218.27K | 2.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
EDBL Balance Sheet
Edible Garden AG Incorporated (EDBL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.24M | 1.07M | 1.19M | 1.86M | 2.65M | 7.38M | 4.86M |
| Cash & Short-Term Investments | 5K | 5K | 31K | 110K | 510K | 3.53M | 828K |
| Cash Only | 5K | 5K | 31K | 110K | 510K | 3.53M | 828K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 604K | 629K | 767K | 1.1M | 1.25M | 1.97M | 1.66M |
| Days Sales Outstanding | 39.13 | 24.32 | 26.64 | 34.91 | 32.45 | 51.84 | 47.95 |
| Inventory | 524K | 314K | 360K | 586K | 678K | 1.54M | 1.72M |
| Days Inventory Outstanding | 43.81 | 14.17 | 13.33 | 19.12 | 18.71 | 48.81 | 48.29 |
| Other Current Assets | 0 | 0 | 0 | 62K | 0 | 335K | 0 |
| Total Non-Current Assets | 6.98M | 3.41M | 2.8M | 5.1M | 4.01M | 4.54M | 15.28M |
| Property, Plant & Equipment | 4.19M | 3.05M | 2.57M | 4.89M | 3.93M | 4.46M | 14.93M |
| Fixed Asset Turnover | 1.35x | 3.09x | 4.08x | 2.36x | 3.58x | 3.11x | 1.28x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 85K | 25K | 0 | 50K | 47K | 43K | 308K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.7M | 331K | 226K | 161K | 35K | 34K | 136K |
| Total Assets | 8.22M▲ 0% | 4.48M▼ 45.5% | 3.99M▼ 10.9% | 6.96M▲ 74.6% | 6.66M▼ 4.4% | 11.91M▲ 79.0% | 20.13M▲ 0% |
| Asset Turnover | 0.69x | 2.11x | 2.63x | 1.66x | 2.11x | 1.16x | 0.80x |
| Asset Growth % | - | -45.5% | -10.92% | 74.56% | -4.44% | 79.01% | 361.35% |
| Total Current Liabilities | 1.87M | 2.47M | 7.09M | 4.83M | 2.9M | 6.21M | 6.1M |
| Accounts Payable | 1.22M | 1.93M | 2.27M | 1.73M | 1.23M | 2.29M | 3.7M |
| Days Payables Outstanding | 101.66 | 87.06 | 84.04 | 56.37 | 34.02 | 72.4 | 70.26 |
| Short-Term Debt | 0 | 0 | 4.21M | 2.04M | 387K | 1.94M | 2.06M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 97K | 0 | 727K | 865K | 486K | 79K |
| Current Ratio | 0.66x | 0.43x | 0.17x | 0.39x | 0.91x | 1.19x | 1.19x |
| Quick Ratio | 0.38x | 0.31x | 0.12x | 0.26x | 0.68x | 0.94x | 0.94x |
| Cash Conversion Cycle | -18.72 | -48.57 | -44.07 | -2.34 | 17.13 | 28.25 | 25.99 |
| Total Non-Current Liabilities | 2.14M | 4.09M | 4.01M | 4.32M | 4.04M | 1.61M | 1.1M |
| Long-Term Debt | 0 | 3.88M | 3.88M | 4.28M | 4.04M | 544K | 239K |
| Capital Lease Obligations | 2.14M | 204K | 126K | 34K | 0 | 1.07M | 3.87M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Total Liabilities | 4.01M | 6.55M | 11.1M | 9.14M | 6.94M | 7.82M | 7.21M |
| Total Debt | 2.58M | 4.15M | 8.29M | 6.45M | 4.46M | 3.8M | 3.43M |
| Net Debt | 2.58M | 4.15M | 8.26M | 6.34M | 3.95M | 273K | 2.6M |
| Debt / Equity | 0.61x | - | - | - | - | 0.93x | 0.93x |
| Debt / EBITDA | - | - | - | - | - | - | -0.32x |
| Net Debt / EBITDA | - | - | - | - | - | - | -0.24x |
| Interest Coverage | - | -33.94x | -8.04x | -4.43x | -25.32x | -7.61x | -9.08x |
| Total Equity | 4.21M▲ 0% | -2.08M▼ 149.3% | -7.11M▼ 242.5% | -2.18M▲ 69.3% | -288K▲ 86.8% | 4.09M▲ 1521.5% | 12.92M▲ 0% |
| Equity Growth % | - | -149.28% | -242.51% | 69.33% | 86.79% | 1521.53% | 5111.94% |
| Book Value per Share | 318.03 | -156.71 | -536.74 | -170.47 | -43.59 | 18.76 | 4.40 |
| Total Shareholders' Equity | 4.21M | -2.08M | -7.11M | -2.18M | -288K | 4.09M | 12.92M |
| Common Stock | 0 | 0 | 1K | 1K | 1K | 4K | 0 |
| Retained Earnings | -15.91M | -2.08M | -7.62M | -20.07M | -30.26M | -41.31M | -52.72M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 459K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EDBL Cash Flow Statement
Edible Garden AG Incorporated (EDBL) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.52M | -2.03M | -4.08M | -9.19M | -8.53M | -8.52M | -8.52M |
| Operating CF Margin % | -62.46% | -21.47% | -38.81% | -79.51% | -60.72% | -61.46% | - |
| Operating CF Growth % | - | 42.4% | -101.18% | -125.23% | 7.12% | 0.18% | -303.37% |
| Net Income | -3.99M | -3.71M | -5.54M | -12.45M | -10.19M | -11.05M | -14.49M |
| Depreciation & Amortization | 614K | 772K | 824K | 1.04M | 1.58M | 1.16M | 2.53M |
| Stock-Based Compensation | 0 | 0 | 0 | 122K | 31K | 144K | 106K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 14K | -26K | 319K | 2.75M | 559.08K | 1.79M | 2.65M |
| Working Capital Changes | -159K | 940K | 317K | -637K | -514K | -561K | -1.69M |
| Change in Receivables | -8K | -123K | -272K | -378K | -182K | -772K | -546K |
| Change in Inventory | 25K | 209K | -46K | -226K | -92K | -866K | -281K |
| Change in Payables | 472K | 1.05M | 571K | 85K | -185K | 1.36M | -556K |
| Cash from Investing | 3.51M | 623K | -151K | -2.03M | -1.02M | -303K | -657K |
| Capital Expenditures | -207K | -127K | -151K | -2.03M | -1.02M | -303K | -668K |
| CapEx % of Revenue | 3.67% | 1.35% | 1.44% | 17.6% | 7.27% | 2.19% | - |
| Acquisitions | 3.71M | 750K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 11K |
| Cash from Financing | 3.71M | 1.4M | 4.25M | 11.3M | 9.95M | 11.84M | 10.17M |
| Debt Issued (Net) | 0 | 1.4M | 4.25M | -1.73M | -2.02M | -3.3M | -2.08M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 2.24M |
| Dividends Paid | 0 | 0 | 0 | 0 | -4K | 0 | -155K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -45K | 0 |
| Other Financing | 3.71M | 0 | 0 | -1.62M | -259K | 2.35M | 10.02M |
| Net Change in Cash | 5K▲ 0% | 0▼ 100.0% | 26K▲ 0% | 79K▲ 203.8% | 400K▲ 406.3% | 3.02M▲ 655.0% | -1.39M▲ 0% |
| Free Cash Flow | -3.73M▲ 0% | -2.15M▲ 42.2% | -4.23M▼ 96.3% | -11.22M▼ 165.3% | -9.55M▲ 14.8% | -8.82M▲ 7.7% | -11.56M▲ 0% |
| FCF Margin % | -66.13% | -22.82% | -40.25% | -97.11% | -68% | -63.64% | -92.13% |
| FCF Growth % | - | 42.19% | -96.33% | -165.26% | 14.84% | 7.68% | -29.75% |
| FCF per Share | -281.40 | -162.68 | -319.39 | -877.23 | -1445.89 | -40.40 | -40.40 |
| FCF Conversion (FCF/Net Income) | 0.88x | 0.55x | 0.74x | 0.74x | 0.84x | 0.77x | 0.80x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | -614K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EDBL Key Ratios
Edible Garden AG Incorporated (EDBL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -347.66% | - | - | - | -580.71% | -112.13% |
| Return on Invested Capital (ROIC) | -64.34% | -230.55% | -254.06% | -189.31% | -173.26% | -173.26% |
| Gross Margin | 14.34% | 6.17% | 3.15% | 5.85% | 16.68% | 8.11% |
| Net Margin | -39.33% | -52.71% | -107.8% | -72.52% | -79.75% | -115.44% |
| Debt / Equity | - | - | - | - | 0.93x | 0.93x |
| Interest Coverage | -33.94x | -8.04x | -4.43x | -25.32x | -7.61x | -9.08x |
| FCF Conversion | 0.55x | 0.74x | 0.74x | 0.84x | 0.77x | 0.80x |
| Revenue Growth | 67.57% | 11.29% | 9.95% | 21.62% | -1.37% | -10.77% |
EDBL Frequently Asked Questions
Edible Garden AG Incorporated (EDBL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Edible Garden AG Incorporated (EDBL) reported $12.6M in revenue for fiscal year 2024. This represents a 123% increase from $5.6M in 2019.
Edible Garden AG Incorporated (EDBL) saw revenue decline by 1.4% over the past year.
Edible Garden AG Incorporated (EDBL) reported a net loss of $14.5M for fiscal year 2024.
Dividend & Returns
Edible Garden AG Incorporated (EDBL) has a return on equity (ROE) of -580.7%. Negative ROE indicates the company is unprofitable.
Edible Garden AG Incorporated (EDBL) had negative free cash flow of $11.6M in fiscal year 2024, likely due to heavy capital investments.
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Edible Garden AG Incorporated (EDBL) financial analysis — history, returns, DCA and operating performance tools
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