Edible Garden AG Inc EDBL
Edible Garden is a controlled environment agriculture ("CEA") farming company. We use traditional agricultural growing techniques together with technology to grow fresh, organic food sustainably and safely while improving traceability. We operate glass, hydroponic, and vertical greenhouse structures that enable us to grow organic herbs consistently year-round while using less land, less energy, and less water than conventional agriculture. In our hydroponic greenhouse, we grow plants without soil. Instead of planting one row of plants in the ground, by using a vertical growing system, we can grow many towers of plants in the same area by planting up instead of planting across. Growing these products sustainably means that we avoid depleting natural resources in order to maintain an ecological balance, such as by renewing, reusing and recycling materials in order to lower the overall one-time use of materials. Our facilities utilize "closed loop" irrigation systems that recollect and reuse drain water—including water recycled through reverse osmosis—reducing overall water consumption and helping conserve natural resources. Our advanced systems are also designed to help mitigate contamination from harmful pathogens, including salmonella, e-coli and others.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $12.8M | $13.9M | $14.0M | $11.6M | $10.5M | — |
| Cost of revenue | — | $13.0M | $11.5M | $13.2M | $11.2M | $9.9M | — |
| Gross profit | — | -$204.0K | $2.3M | $822.0K | $364.0K | $648.0K | — |
| SG&A | — | $15.6M | $11.6M | $10.0M | $9.4M | $5.6M | — |
| Operating income | — | -$15.8M | -$9.3M | -$9.9M | -$9.0M | — | — |
| Interest expense | — | $1.4M | $1.2M | $390.0K | $2.0M | $617.0K | — |
| Pre-tax income | — | -$17.3M | -$11.1M | -$10.2M | -$12.5M | — | — |
| Income tax | — | $0 | $0 | $0 | $0 | — | — |
| Net income | — | -$17.3M | -$11.1M | -$10.2M | -$12.5M | -$5.5M | — |
| EPS, diluted | — | -117.64 | -685.62 | -1,541.79 | — | — | — |
| Shares, diluted (wtd. avg.) | — | $287.7K | $21.8K | $6.6M | — | — | — |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | $1.1M | $3.5M | $510.0K | $110.0K | $31.0K | $5.0K |
| Receivables | — | $1.9M | $2.0M | $1.2M | $1.1M | — | — |
| Inventory | — | $1.9M | $1.5M | $678.0K | $586.0K | $360.0K | — |
| Total current assets | — | $5.8M | $7.4M | $2.6M | $1.9M | $1.2M | — |
| Property, plant and equipment | — | $10.1M | $3.1M | $3.9M | $4.9M | $2.6M | — |
| Other intangibles | — | $302.0K | $43.0K | $47.0K | $50.0K | $0 | — |
| Total assets | — | $20.6M | $11.9M | $6.7M | $7.0M | $4.0M | — |
| Accounts payable | — | $3.8M | $2.3M | $1.2M | $1.7M | $2.3M | — |
| Short-term debt | — | $1.4M | $1.9M | $387.0K | $2.0M | $4.2M | — |
| Total current liabilities | — | $7.1M | $6.2M | $2.9M | $4.8M | $7.1M | — |
| Long-term debt | — | $215.0K | $544.0K | $4.0M | $4.3M | $3.9M | — |
| Total liabilities | — | $8.1M | $7.8M | $6.9M | $9.1M | $79.0K | — |
| Retained earnings | — | -$58.6M | -$41.3M | -$30.3M | -$20.1M | -$7.6M | — |
| Total equity | — | $12.5M | $4.1M | -$288.0K | -$2.2M | -$7.1M | -$2.1M |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | — | -$11.8M | -$8.5M | -$8.5M | -$9.2M | -$4.1M | — |
| Depreciation and amortisation | — | — | — | — | $959.0K | $759.0K | — |
| Stock-based compensation | — | $977.0K | $144.0K | $31.0K | $122.0K | $0 | — |
| Capital expenditure | — | $638.0K | $303.0K | $1.0M | $2.0M | $151.0K | — |
| Investing cash flow | — | -$987.0K | -$303.0K | -$1.0M | -$2.0M | -$151.0K | — |
| Financing cash flow | — | $10.4M | $11.8M | $10.0M | $11.3M | $4.3M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001477932-26-002679.
Others in SIC 0100
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DMC | DEL MONTE CORP | $1.51B | 17.1x | 1.0% |
| DOLE | Dole plc | $1.32B | 26.4x | 8.2% |
| VFF | Village Farms International, Inc. | $357.1M | 10.8x | 10.2% |
| ALCO | ALICO, INC. | $299.9M | — | -5.5% |
| LMNR | Limoneira CO | $271.8M | — | -17.3% |
| LOCL | Local Bounti Corporation/DE | $26.2M | — | 26.8% |
| TULP | BLOOMIA HOLDINGS, INC. | $16.6M | — | — |
| AGRZ | Agroz Inc. | — | — | — |