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:
以下是可食用花園股份有限公司（EDBL）2024年第三季度業績會轉錄的總結：
Financial Performance:
財務業績:
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.
可食用花園在2024年第三季度報告毛利潤增加68.7萬美元，較去年同期有所上升。
本季度毛利潤率達到27.1%，標誌着同比顯著增長。
淨虧損改善至210萬，較2023年第三季度的淨虧損240萬有所減少。
Business Progress:
業務進展：
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.
逐步淘汰毛利潤較低的產品，專注於毛利潤較高的產品，包括在心臟地帶設施擴大生產線。
推出了新產品線，例如可食用花園的維生素乳清和果漿口味。
加強的資產負債表，成功進行了9月份的S1發行，籌集了大約565萬美元。
Opportunities:
機會：
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.
與沃爾瑪擴大合作，引入可持續種植的水培羅勒，並在沃爾瑪市場上推出新產品線。
預計全球調味品和佐料市場的增長，Pulpl Flavors有望在這一趨勢中獲利。
預計體育營養市場將增長，並推出Kick體育營養產品。
Risks:
風險：
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年第三季度營業收入略低於去年，原因是戰略性逐步淘汰某些產品類別以及氣候事件如颶風海倫的影響。
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
