Edible Garden Management
Management criteria checks 2/4
Edible Garden's CEO is Jim Kras, appointed in Mar 2020, has a tenure of 4.75 years. total yearly compensation is $300.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $8.73K. The average tenure of the management team and the board of directors is 1.5 years and 2.6 years respectively.
Key information
Jim Kras
Chief executive officer
US$300.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Not Many Are Piling Into Edible Garden AG Incorporated (NASDAQ:EDBL) Stock Yet As It Plummets 25%
Nov 24
Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 26%
Sep 21Positive Sentiment Still Eludes Edible Garden AG Incorporated (NASDAQ:EDBL) Following 66% Share Price Slump
Jun 01Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%
Mar 26A Piece Of The Puzzle Missing From Edible Garden AG Incorporated's (NASDAQ:EDBL) 27% Share Price Climb
Dec 22Analysts Have Been Trimming Their Edible Garden AG Incorporated (NASDAQ:EDBL) Price Target After Its Latest Report
Mar 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$12m |
| Jun 30 2024 | n/a | n/a | -US$13m |
| Mar 31 2024 | n/a | n/a | -US$11m |
| Dec 31 2023 | US$300k | US$300k | -US$10m |
| Sep 30 2023 | n/a | n/a | -US$9m |
| Jun 30 2023 | n/a | n/a | -US$9m |
| Mar 31 2023 | n/a | n/a | -US$13m |
| Dec 31 2022 | US$762k | US$262k | -US$12m |
| Sep 30 2022 | n/a | n/a | -US$12m |
| Jun 30 2022 | n/a | n/a | -US$11m |
| Mar 31 2022 | n/a | n/a | -US$7m |
| Dec 31 2021 | US$200k | US$200k | -US$6m |
| Sep 30 2021 | n/a | n/a | -US$4m |
| Jun 30 2021 | n/a | n/a | -US$3m |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$182k | US$138k | -US$2m |
Compensation vs Market: Jim's total compensation ($USD300.00K) is below average for companies of similar size in the US market ($USD653.16K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Kras (55 yo)
4.8yrs
Tenure
US$300,000
Compensation
Mr. James E. Kras, also known as Jim, is one of the Founders, and has served as Chief Executive Officer and a Director of Edible Garden AG Incorporated since inception in March 28, 2020 and serves as its T...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.8yrs | US$300.00k | 0.19% $ 8.7k | |
| Interim Chief Financial Officer | less than a year | no data | no data | |
| Senior Vice President of Business Development & Compliance | less than a year | no data | no data | |
| Vice President of Sales & Marketing | 1.5yrs | no data | no data | |
| Head of Grower | 6.9yrs | no data | no data |
1.5yrs
Average Tenure
Experienced Management: EDBL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.8yrs | US$300.00k | 0.19% $ 8.7k | |
| Lead Independent Director | 2.6yrs | US$75.00k | 0.011% $ 511.8 | |
| Independent Director | 2.6yrs | US$75.98k | 0.00074% $ 33.3 | |
| Independent Director | 1.7yrs | US$49.17k | 0.00026% $ 11.7 |
2.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: EDBL's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Edible Garden AG Incorporated is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Vendetti | Maxim Group |