Edible Garden Past Earnings Performance
Past criteria checks 0/6
Edible Garden's earnings have been declining at an average annual rate of -35.2%, while the Food industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 11.5% per year.
Key information
-35.2%
Earnings growth rate
93.7%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 11.5% |
| Return on equity | n/a |
| Net Margin | -72.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%
Mar 26
A 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 25Revenue & Expenses BreakdownBeta
How Edible Garden makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 14 | -10 | 10 | 0 |
| 30 Sep 23 | 13 | -9 | 11 | 0 |
| 30 Jun 23 | 13 | -9 | 10 | 0 |
| 31 Mar 23 | 11 | -13 | 10 | 0 |
| 31 Dec 22 | 12 | -12 | 9 | 0 |
| 30 Sep 22 | 11 | -12 | 8 | 0 |
| 30 Jun 22 | 11 | -11 | 7 | 0 |
| 31 Mar 22 | 11 | -7 | 6 | 0 |
| 31 Dec 21 | 11 | -6 | 6 | 0 |
| 30 Sep 21 | 10 | -4 | 5 | 0 |
| 30 Jun 21 | 10 | -3 | 5 | 0 |
| 31 Mar 21 | 10 | -3 | 5 | 0 |
| 31 Dec 20 | 9 | -2 | 5 | 0 |
| 31 Dec 19 | 6 | -4 | 5 | 0 |
Quality Earnings: EDBL is currently unprofitable.
Growing Profit Margin: EDBL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EDBL is unprofitable, and losses have increased over the past 5 years at a rate of 35.2% per year.
Accelerating Growth: Unable to compare EDBL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EDBL is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (5.7%).
Return on Equity
High ROE: EDBL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.