Edible Garden AG Incorporated (EDBL) Q3 2024 Earnings Call Transcript Summary
Edible Garden AG Incorporated (EDBL) Q3 2024 Earnings Call Transcript Summary
Net loss improved to $2.1 million from a net loss of $2.4 million in Q3 2023.The following is a summary of the Edible Garden AG Incorporated (EDBL) Q3 2024 Earnings Call Transcript:
以下是可食用花园股份有限公司（EDBL）2024年第三季度业绩会转录的总结：
Financial Performance:
财务业绩:
Edible Garden reported a gross profit increase of $687,000 in Q3 2024 compared to the same period last year.
Gross profit margin reached 27.1% this quarter, marking a significant year-over-year increase.
Net loss improved to $2.1 million from a net loss of $2.4 million in Q3 2023.
可食用花园在2024年第三季度报告毛利润增加68.7万美元，较去年同期有所上升。
本季度毛利润率达到27.1%，标志着同比显著增长。
净亏损改善至210万，较2023年第三季度的净亏损240万有所减少。
Business Progress:
业务进展：
Phased out lower margin products, focusing on higher margin offerings, including expanding production lines at the Heartland Facility.
Introduced new product lines such as Edible Garden's Vitamin Whey and Pulp Flavors.
Strengthened balance sheet with a successful September S1 offering raising approximately $5.65 million.
逐步淘汰毛利润较低的产品，专注于毛利润较高的产品，包括在心脏地带设施扩大生产线。
推出了新产品线，例如可食用花园的维生素乳清和果浆口味。
加强的资产负债表，成功进行了9月份的S1发行，筹集了大约565万美元。
Opportunities:
机会：
Expanded partnership with Walmart, introducing sustainably grown Hydro Basil and launching new product lines on Walmart Marketplace.
Anticipated growth in the global sauces and condiments market, with Pulp Flavors positioned to capitalize on this trend.
Expected growth in the sports nutrition market with the introduction of Kick Sports Nutrition.
与沃尔玛扩大合作，引入可持续种植的水培罗勒，并在沃尔玛市场上推出新产品线。
预计全球调味品和佐料市场的增长，Pulpl Flavors有望在这一趋势中获利。
预计体育营养市场将增长，并推出Kick体育营养产品。
Risks:
风险：
Revenue for Q3 2024 was slightly down from the previous year due to strategic phasing out of certain product categories and the impact of weather events like Hurricane Helene.
2024年第三季度营业收入略低于去年，原因是战略性逐步淘汰某些产品类别以及气候事件如飓风海伦的影响。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
