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Edison Nation

Nasdaq:EDNT
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EDNT
Nasdaq
$28M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Edison Nation, Inc., through its subsidiaries, primarily designs, manufactures, and sells various toy products directly to retailers or direct to consumers via e-commerce in North America, Asia, and Europe. The last earnings update was 7 days ago. More info.


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EDNT Share Price and Events
7 Day Returns
0.1%
NasdaqCM:EDNT
0.3%
US Leisure
-0.8%
US Market
1 Year Returns
-
NasdaqCM:EDNT
-4.7%
US Leisure
7%
US Market
EDNT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Edison Nation (EDNT) 0.1% -6.6% 0.7% - - -
US Leisure 0.3% 7.8% 1.7% -4.7% -18.6% -11.1%
US Market -0.8% 2.7% 7.5% 7% 37.9% 47%
1 Year Return vs Industry and Market
  • No trading data on EDNT.
  • No trading data on EDNT.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Edison Nation undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Edison Nation. This is due to cash flow or dividend data being unavailable. The share price is $5.005.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Edison Nation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Edison Nation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:EDNT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.28
NasdaqCM:EDNT Share Price ** NasdaqCM (2019-04-18) in USD $5.01
United States of America Leisure Industry PE Ratio Median Figure of 15 Publicly-Listed Leisure Companies 16.8x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Edison Nation.

NasdaqCM:EDNT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:EDNT Share Price ÷ EPS (both in USD)

= 5.01 ÷ -1.28

-3.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Edison Nation is loss making, we can't compare its value to the US Leisure industry average.
  • Edison Nation is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Edison Nation's expected growth come at a high price?
Raw Data
NasdaqCM:EDNT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.9x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Leisure Industry PEG Ratio Median Figure of 12 Publicly-Listed Leisure Companies 1.67x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Edison Nation, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Edison Nation's assets?
Raw Data
NasdaqCM:EDNT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.65
NasdaqCM:EDNT Share Price * NasdaqCM (2019-04-18) in USD $5.01
United States of America Leisure Industry PB Ratio Median Figure of 23 Publicly-Listed Leisure Companies 2.21x
United States of America Market PB Ratio Median Figure of 5,186 Publicly-Listed Companies 1.91x
NasdaqCM:EDNT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:EDNT Share Price ÷ Book Value per Share (both in USD)

= 5.01 ÷ 2.65

1.89x

* Primary Listing of Edison Nation.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Edison Nation is good value based on assets compared to the US Leisure industry average.
X
Value checks
We assess Edison Nation's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. Edison Nation has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Edison Nation expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Edison Nation has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.1%
Expected Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Edison Nation expected to grow at an attractive rate?
  • Unable to compare Edison Nation's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Edison Nation's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Edison Nation's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:EDNT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Leisure Industry Earnings Growth Rate Market Cap Weighted Average 35.1%
United States of America Leisure Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:EDNT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:EDNT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 17 -3 -5
2018-09-30 16 -2 -4
2018-06-30 14 -1 -2
2018-03-31 15 1 -1
2017-12-31 15 1 2
2017-09-30 14 1 1
2016-12-31 16 1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Edison Nation is high growth as no earnings estimate data is available.
  • Unable to determine if Edison Nation is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:EDNT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Edison Nation Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:EDNT Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.28
2018-09-30 -1.13
2018-06-30 -0.58
2018-03-31 -0.19
2017-12-31 0.51
2017-09-30 0.40
2016-12-31 0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Edison Nation will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Edison Nation's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  2. Edison Nation's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Edison Nation's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Edison Nation has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Edison Nation performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Edison Nation's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Edison Nation does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Edison Nation's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Edison Nation's 1-year growth to the US Leisure industry average as it is not currently profitable.
Earnings and Revenue History
Edison Nation's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Edison Nation Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:EDNT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 16.50 -5.33 9.72
2018-09-30 16.15 -3.88 6.73
2018-06-30 14.38 -1.88 5.43
2018-03-31 14.53 -0.58 4.43
2017-12-31 14.96 1.53 2.38
2017-09-30 14.48 1.20 3.02
2016-12-31 16.02 0.50 4.54
2015-12-31 17.30 0.41 4.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Edison Nation has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Edison Nation has efficiently used its assets last year compared to the US Leisure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Edison Nation improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Edison Nation's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Edison Nation has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Edison Nation's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Edison Nation's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Edison Nation's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Edison Nation's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Edison Nation's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Edison Nation Company Filings, last reported 3 months ago.

NasdaqCM:EDNT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 15.94 5.33 2.05
2018-09-30 8.24 3.88 2.12
2018-06-30 5.02 2.92 3.93
2018-03-31 -0.09 3.44 1.15
2017-12-31 -0.23 3.00 0.56
2017-09-30 -0.12 3.00 0.76
2016-12-31 1.26 3.00 2.53
2015-12-31 1.02 3.00 2.48
  • Edison Nation's level of debt (33.4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Edison Nation's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Edison Nation has less than a year of cash runway based on current free cash flow.
  • Edison Nation has less than a year of cash runway if free cash flow continues to grow at historical rates of 68.2% each year.
X
Financial health checks
We assess Edison Nation's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Edison Nation has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Edison Nation's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Edison Nation dividends.
If you bought $2,000 of Edison Nation shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Edison Nation's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Edison Nation's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:EDNT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Leisure Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Edison Nation has not reported any payouts.
  • Unable to verify if Edison Nation's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Edison Nation's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Edison Nation has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Edison Nation's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Edison Nation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Edison Nation has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Edison Nation's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chris Ferguson
AGE 49
CEO Bio

Mr. Christopher B. Ferguson, also known as Chris, serves as the President of ClearPoint HRO, LLC. Mr. Ferguson currently serves as the Managing Director of Tern Capital Partners, LLC, a private equity investment firm founded by Mr. Ferguson in 2013. Mr. Ferguson serves as a member of the Board of Directors for Pennsylvania Youth Theater. Mr. Ferguson serves as Chairman and Chief Executive Officer at Xspand Products Lab, Inc. He served as the President and Director of ClearPoint Business Resources, Inc. since October 2001 until February 28, 2008 and served as its Secretary until February 28, 2008. Mr. Ferguson served as the Chairman, Chief Executive Officer and President of FTE Networks, Inc. He served as the President of CMK Resources Group. He founded Focus' wholly-owned subsidiary, Optos Capital Partners LLC in March 2008. As Manager of Focus Venture's predecessor, he has unparalleled knowledge of its history, strategies, technology and operations. Prior to founding Focus Venture Partners, he owned and managed Mercer Staffing, an innovative workforce management solutions provider. Since December 2000, Mr. Ferguson has been the founder and Managing Director of Optos Capital, LLC. He co-founded The Florio Group and served as its Managing Director from 1995 to December 2000. He served as Chief Financial Officer of Cabot Marsh Corporation since 1995. He has been an Independent Director of FTE Networks, Inc. since February 8, 2016. He served as a Director of Cabot Marsh Corporation until 1999. He served for three years as a Director of Team Capital Bank. He serves as a member of the non-profit organization, First Tee of the Lehigh Valley. He has been a member of the New Jersey and Pennsylvania Bars since 1994. Mr. Ferguson received a B.A. from Villanova University in 1990 and a J.D. from Widener University School of Law in 1994.

CEO Compensation
  • Insufficient data for Chris to compare compensation growth.
  • Insufficient data for Chris to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Edison Nation management team in years:

1.8
Average Tenure
53.5
Average Age
  • The average tenure for the Edison Nation management team is less than 2 years, this suggests a new team.
Management Team

Chris Ferguson

TITLE
Chairman & CEO
AGE
49

Kevin Ferguson

TITLE
Director
AGE
57
TENURE
1.8 yrs

Phil Anderson

TITLE
CFO & Secretary
AGE
50
TENURE
1.7 yrs

Bruce Bennett

TITLE
Chief Product Officer
AGE
59
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Edison Nation board of directors in years:

1.1
Average Tenure
49.5
Average Age
  • The average tenure for the Edison Nation board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chris Ferguson

TITLE
Chairman & CEO
AGE
49
TENURE
1.8 yrs

Kevin Ferguson

TITLE
Director
AGE
57
TENURE
1.8 yrs

John Marchese

TITLE
Director
AGE
65

Michael Palleschi

TITLE
Director
AGE
43
TENURE
1.3 yrs

Frank Jennings

TITLE
Independent Director
TENURE
0.8 yrs

Louis Foreman

TITLE
Inside Director
AGE
50
TENURE
0.1 yrs

Kevin O’Donnell

TITLE
Independent Director
AGE
43
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Aug 18 Buy Christopher Ferguson Individual 20. Aug 18 21. Aug 18 5,000 $5.33 $25,600
22. Aug 18 Buy Christopher Ferguson Individual 22. Aug 18 22. Aug 18 1,200 $5.42 $6,504
X
Management checks
We assess Edison Nation's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Edison Nation has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Edison Nation, Inc., through its subsidiaries, primarily designs, manufactures, and sells various toy products directly to retailers or direct to consumers via e-commerce in North America, Asia, and Europe. It operates through two segments, Consumer Goods and Packaging Materials. The company produces battery-operated products for theme parks and entertainment venues; and party-related and arts and crafts-related items to retailers. It also designs, manufactures, and sells packaging and packaging materials for industrial and pharmaceutical companies. The company was formerly known as Xspand Products Lab, Inc. and changed its name to Edison Nation, Inc. in September 2018. Edison Nation, Inc. was incorporated in 2017 and is based in Alpha, New Jersey.

Details
Name: Edison Nation, Inc.
EDNT
Exchange: NasdaqCM
Founded: 2017
$28,430,051
5,680,330
Website: http://investors.edisonnation.com
Address: Edison Nation, Inc.
909 New Brunswick Avenue,
Alpha,
New Jersey, 08865,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM EDNT Common Stock Nasdaq Capital Market US USD 03. May 2018
Number of employees
Current staff
Staff numbers
53
Edison Nation employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 01:13
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/04/16
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.