Filing Flows › Edible Garden AG (EDBL) › Q4 2024
Edible Garden AG (EDBL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 1, 2025
Edible Garden AG (EDBL) reported revenue of $3.9M for the fourth quarter 2024 (Q4 2024), -5% from a year earlier and +50% from the quarter before. Operating margin was -70.8%, net loss $19.0M (491.3% of revenue).
Edible Garden AG, Q4 2024: revenue $3.9M (-5% year over year), operating margin -70.8%, net loss $19.0M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | +50% | -5% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$19.0M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $3.9M in Q4 2024, down 5% year over year and up 50% from the previous quarter.
Gross margin was 0.6%, down 6.3 points from a year earlier. Operating costs exceeded revenue by $2.7M, an operating margin of -70.8%. Operating expenses fell 15% while revenue fell 5%. The quarter ended with a net loss of $19.0M, wider than the previous quarter's $2.1M loss. Minority interests bore $15.9M of it: to shareholders the quarter was a loss of $3.1M. Net interest and other expense of $16.3M was the main reason.
Operating cash flow was −$1.8M. Non-cash charges added back $258K of depreciation and amortization and $106K of share-based compensation. Working capital and other items added $16.9M. Capital expenditures of $126K exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Edible Garden AG's revenue in the fourth quarter 2024?
Edible Garden AG (EDBL) reported revenue of $3.9M for the fourth quarter 2024 (Q4 2024), -5% from a year earlier and +50% from the quarter before.
Was Edible Garden AG profitable in the fourth quarter 2024?
Operating loss was $2.7M (-70.8% of revenue) and net loss $19.0M.
Source: Edible Garden AG 10-K on SEC EDGAR.