Edible Garden AG vs Where Food Comes From
Where Food Comes From is the larger business, with $24.9m of revenue in fiscal 2025 against $12.8m for Edible Garden AG (1.9 times as much). Where Food Comes From grew faster (-3.3% against -7.6%). Where Food Comes From kept more of each dollar of sales as profit: a net margin of 6.2% against -135.3%. Where Food Comes From carries less debt relative to equity (0.0% against 24.8%).
| Latest fiscal year | Edible Garden AGEDBL, 2025 | Where Food Comes FromWFCF, 2025 |
|---|---|---|
| Revenue | $12.8m | $24.9m |
| Revenue growth | -7.6% | -3.3% |
| Net income | −$17.3m | $1.5m |
| Operating margin | -123.3% | 4.8% |
| Net margin | -135.3% | 6.2% |
| Return on equity | — | 16.0% |
| Free cash flow | −$12.4m | $1.5m |
| Cash | $1.1m | $3.2m |
| Total debt | $3.1m | $0 |
| Debt to equity | 24.8% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $2.2m |
| Employees | 95 | 100 |
| Market value | $370,207 | $79.2m |
| Price vs our value range | — | Above our value range |
| Moat score | 18 (Weak) | 64 (Moderate) |
| Insider trades, 12 months | 9 buys, 1 sales | 0 buys, 0 sales |