earnings
confidence high
sentiment neutral
materiality 0.65
Edible Garden Q1 revenue falls 13% to $2.7M; gross profit quadruples to $88K
Edible Garden AG Inc
2025-Q1 EPS
reported -$2.47
vs consensus -$30.91
▲ beat
(+92.0%)
- Revenue $2.7M (-13.2% YoY) driven by exit from low-margin floral/lettuce lines.
- Gross profit $88K (+283% YoY); gross margin 3.2% vs. 0.7% in prior year.
- Net loss narrowed to $3.3M from $4.0M; SG&A down 23% to $3.0M.
- Non-perishable revenue up 15% YoY; cut herbs saw 13% seasonal growth.
- Recently completed $15.5M asset acquisition from NaturalShrimp adding patents and R&D capacity.