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Edible Garden AG (Edible Garden AG) Pretax Margin % : -126.98% (As of Mar. 2024)


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What is Edible Garden AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Edible Garden AG's Pre-Tax Income for the three months ended in Mar. 2024 was $-3.98 Mil. Edible Garden AG's Revenue for the three months ended in Mar. 2024 was $3.13 Mil. Therefore, Edible Garden AG's pretax margin for the quarter that ended in Mar. 2024 was -126.98%.

The historical rank and industry rank for Edible Garden AG's Pretax Margin % or its related term are showing as below:

EDBL' s Pretax Margin % Range Over the Past 10 Years
Min: -107.8   Med: -72.52   Max: -52.71
Current: -76.64


EDBL's Pretax Margin % is ranked worse than
94.19% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 4.25 vs EDBL: -76.64

Edible Garden AG Pretax Margin % Historical Data

The historical data trend for Edible Garden AG's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Edible Garden AG Pretax Margin % Chart

Edible Garden AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- -52.71 -107.80 -72.52

Edible Garden AG Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -117.27 -15.11 -73.91 -103.82 -126.98

Competitive Comparison of Edible Garden AG's Pretax Margin %

For the Farm Products subindustry, Edible Garden AG's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Edible Garden AG's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Edible Garden AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Edible Garden AG's Pretax Margin % falls into.



Edible Garden AG Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Edible Garden AG's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-10.188/14.049
=-72.52 %

Edible Garden AG's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-3.977/3.132
=-126.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Edible Garden AG  (NAS:EDBL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Edible Garden AG Pretax Margin % Related Terms

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Edible Garden AG (Edible Garden AG) Business Description

Traded in Other Exchanges
N/A
Address
283 County Road 519, Belvidere, NJ, USA, 07823
Edible Garden AG Inc is a next generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.
Executives
Pamela Donaroma director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
James E. Kras director, 10 percent owner, officer: President and CEO C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Deborah Pawlowski director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Michael C James director, 10 percent owner, officer: Chief Financial Officer 2040 MAIN STREET, SUITE 225, IRVINE CA 92614
Tracy A. Nazzaro director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Ryan L. Rogers director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Mathew J. Mcconnell director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823

Edible Garden AG (Edible Garden AG) Headlines

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