Edible Garden AG Reports Strategic Shift and Q1 2025 Results

Edible Garden AG , Inc. ( (EDBL) ) has released its Q1 earnings. Here is a breakdown of the information Edible Garden AG , Inc. presented to its investors.

Edible Garden AG Incorporated is a company specializing in controlled environment agriculture, offering locally grown, organic, and sustainable produce and products, with a focus on innovative, shelf-stable consumer-packaged goods (CPG). The company recently reported its Q1 2025 financial results, highlighting a strategic shift towards higher-margin, shelf-stable products which has led to a significant increase in gross profit despite an overall revenue decline due to the exit from lower-margin product lines.

In the first quarter of 2025, Edible Garden achieved a nearly fourfold increase in gross profit compared to the previous year, driven by a strategic focus on higher-margin, shelf-stable products. Non-perishable revenue grew by 15% year-over-year, showcasing the success of brands like Kick. Sport Nutrition and Pickle Party. The company also completed a $15.5 million acquisition of assets from NaturalShrimp Farms Inc., enhancing its R&D and sustainability capabilities.

The company’s financial results for Q1 2025 revealed a total revenue of $2.7 million, a decrease from $3.1 million in the same period last year, primarily due to the strategic exit from certain product lines. However, the gross margin improved to 3.2%, up from 0.7% in the previous year, reflecting the benefits of the company’s shift to higher-margin products. Selling, general, and administrative expenses were reduced, contributing to a lower net loss of $3.3 million compared to $4.0 million in the prior year.

Looking ahead, Edible Garden is poised to capitalize on its U.S.-focused production model and the expansion of its omnichannel presence. The company’s recent acquisition and ongoing investment in innovative CPG brands are expected to enhance its competitive position and drive long-term growth and shareholder value.