Edible Garden AG Inc. Reports Q2 2025 Revenue Decline to $3.1M, Net Loss Increases Amid Strategic Exit from Low-Margin Categories

Reuters
Aug 14
<a href="https://laohu8.com/S/EDBL">Edible Garden AG</a> Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue Decline to $3.1M, Net Loss Increases Amid Strategic Exit from Low-Margin Categories

Edible Garden AG Inc., a leader in controlled environment agriculture, reported financial results for the quarter ended June 30, 2025. The company experienced a decrease in revenue to $3.1 million, down from $4.3 million in the same period of 2024. This decline primarily resulted from the strategic exit from the floral and lettuce categories, which contributed $741,000 to the revenue decrease. The focus on higher-margin products is part of the company's strategy to enhance profitability. The net loss for the quarter was $1.9 million, a year-over-year increase attributed to higher selling, general, and administrative expenses related to strategic transactions, coupled with the decline in revenue from exiting low-margin product categories. Gross profit also decreased to $634,000 from $1.56 million in Q2 2024, reflecting changes in product mix, sales volume, and increased labor and raw material costs. In terms of business developments, Edible Garden expanded its capabilities with the acquisition of the NaturalShrimp aquaculture facility in Iowa, now operating as Edible Garden Prairie Hills. This acquisition enhances research and development in aquaponics, adds patented water treatment technologies to the company's intellectual property portfolio, and improves distribution efficiency. Additionally, international vitamin and supplements revenue increased by 66.5% due to new distribution partnerships and expanded retail placements in key markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edible Garden AG Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-25-005814), on August 14, 2025, and is solely responsible for the information contained therein.

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