Edible Garden AG Incorporated (EDBL) Q2 2024 Earnings Call Transcript Summary
Edible Garden AG Incorporated (EDBL) Q2 2024 Earnings Call Transcript Summary
Gross The following is a summary of the Edible Garden AG Incorporated (EDBL) Q2 2024 Earnings Call Transcript:
以下是Edible Garden AG Incorporated（EDBL）2024年第二季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Edible Garden reported a 157% increase in gross profit in Q2 2024, fueled by strong growth in cut herbs (61% growth) and vitamins and supplements (30% growth).
Total revenue for Q2 2024 was $4.2 million, relatively flat compared to Q2 2023.
Gross margin increased significantly from 13.1% in Q2 2023 to 36.7% in Q2 2024 mainly due to the shift to in-house production.
Net loss per share improved from $4.83 in Q2 2023 to $1.21 in Q2 2024.
Edible Garden报告称，2024年第二季度的毛利增长了157％，这得益于切好的草药（增长61％）以及维生素和补充剂（30％的增长）的强劲增长。
2024年第二季度的总收入为420万美元，与2023年第二季度相比相对持平。
毛利率从2023年第二季度的13.1％大幅增长到2024年第二季度的36.7％，这主要是由于向内部生产的转移。
每股净亏损从2023年第二季度的4.83美元提高到2024年第二季度的1.21美元。
Business Progress:
业务进展：
Expanded distribution of pulp product lines through major retailers and new partnerships, enhancing brand visibility and consumer access.
Focused on high-margin segments such as sustainable USDA organic fermented gourmet sauces and vitamins/supplements.
Entered a product development partnership with Hermann Pickle Company to expand into fermented plant-based products.
通过主要零售商和新的合作伙伴关系扩大纸浆产品线的分销，提高品牌知名度和消费者渠道。
专注于高利润细分市场，例如可持续的美国农业部有机发酵美食酱和维生素/补品。
与赫尔曼泡菜公司建立了产品开发合作伙伴关系，以扩展到发酵植物基产品。
Opportunities:
机会：
Further growth anticipated in the global sauces and condiments market, expected to grow to $240 billion by 2028.
Continuous improvement in vertical integration and operational efficiency to enhance margins and profitability.
预计全球酱料和调味品市场将进一步增长，预计到2028年将增长至2400亿美元。
持续改善垂直整合和运营效率，以提高利润率和盈利能力。
Risks:
风险：
Management of the shift from third-party growers to in-house production requires careful execution to maintain quality and control costs.
管理从第三方种植者向内部生产的转变需要谨慎执行，以保持质量和控制成本。
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