Q4 2025 Edible Garden AG Inc Earnings Call Transcript
Key Points
- Edible Garden AG Inc (EDBL) expanded its distribution to nearly 6,000 store locations, reflecting growing demand and strong retail relationships.
- The company reported double-digit growth in cut herbs and significant growth in its condiment platform, driven by new customer wins.
- Edible Garden AG Inc (EDBL) is expanding into the ready-to-drink (RTD) category, leveraging its existing infrastructure and retail relationships.
- The company is developing a state-of-the-art RTD manufacturing initiative at its Midwest facility, partnering with Tetra Pak for proprietary processing capabilities.
- Edible Garden AG Inc (EDBL) ended the year with improved stockholders' equity and reduced total debt, indicating a stronger financial position.
- Revenue for the full year declined to $12.8 million from $13.9 million in 2024, largely due to strategic exits from low-margin product lines.
- The company reported a gross profit loss of $0.2 million for the full year, compared to a gain of $2.3 million in 2024.
- Cost of goods sold increased to $13 million from $11.6 million in 2024, driven by onboarding dynamics and elevated costs.
- Selling, general, and administrative expenses rose to $15.3 million from $11.6 million in 2024, due to acquisition-related costs and capital markets activities.
- The company absorbed elevated costs in Q4 to secure 2026 shelf space, resulting in a gross profit loss for the quarter.
Greetings. Welcome to the Edible Garden AG Incoporated full-year and Q4 2025 business update conference call. (Operator Instructions) Please note, this conference is being recorded.
I will now turn the conference you to Ted Ayvas, Investor Relations. The floor is yours.
Thanks, John. Good afternoon, and thank you for joining Edible Garden's 2025 fourth-quarter and full-year earnings conference call and business update. On the call with us today are Jim Kras, Chief Executive Officer of Edible Garden; and Kostas Dafoulas, Interim Chief Financial Officer of Edible Garden.
Earlier today, the company announced its operating results for the three months and year ended December 31, 2025. The press release is posted on the company's website, www.ediblegardenag.com.
In addition, the company has filed its annual report on Form 10-K with the US Securities and Exchange Commission, which can also be accessed on the
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