OverviewSuggest Edit

Edison Nation is a consumer product development consulting firm that helps independent innovators commercialize their ideas and inventions. It offers a lead-generation platform and provides a capital-lite, high-reward process that accelerates product development timelines.

TypePublic
Founded2005
HQBethlehem, US
Websiteedisonnation.com

Latest Updates

Employees (est.) (Feb 2020)48
Revenue (FY, 2019)$19.6 M(+19%)
Share Price (Sept 2020)$1.8 (-3%)
Cybersecurity ratingAMore

Key People/Management at Edison Nation

Christopher B. Ferguson

Christopher B. Ferguson

Chairman and Chief Executive Officer
Brett Vroman

Brett Vroman

Chief Financial Officer
Kevin J. Ferguson

Kevin J. Ferguson

President and Treasurer
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Edison Nation Office Locations

Edison Nation has an office in Bethlehem
Bethlehem, US (HQ)
One Bethlehem Plaza, 1 W Broad St #1004
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Edison Nation Financials and Metrics

Edison Nation Revenue

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Edison Nation's revenue was reported to be $19.63 m in FY, 2019
USD

Revenue (Q2, 2020)

6.9m

Gross profit (Q2, 2020)

2.0m

Gross profit margin (Q2, 2020), %

28.9%

Net income (Q2, 2020)

(1.6m)

EBIT (Q2, 2020)

(780.7k)

Market capitalization (14-Sept-2020)

20.5m

Closing stock price (14-Sept-2020)

1.8

Cash (30-Jun-2020)

1.8m

EV

26.5m
Edison Nation's current market capitalization is $20.5 m.
Annual
USDFY, 2018FY, 2019

Revenue

16.5m19.6m

Cost of goods sold

11.4m12.8m

Gross profit

5.1m6.8m

Gross profit Margin, %

31%35%
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

3.4m4.4m4.9m5.7m3.5m3.7m6.9m

Cost of goods sold

2.3m3.1m3.6m3.9m2.5m2.4m4.9m

Gross profit

1.1m1.3m1.3m1.8m988.6k1.2m2.0m

Gross profit Margin, %

32%29%26%31%28%34%29%
Annual
USDFY, 2018FY, 2019

Cash

2.1m412.7k

Accounts Receivable

1.9m2.1m

Prepaid Expenses

611.7k917.4k

Inventories

923.7k1.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

1.1m3.9m2.1m719.4k1.4m1.2m532.1k1.8m

Accounts Receivable

1.9m1.7m2.8m2.7m3.1m1.9m2.0m3.1m

Prepaid Expenses

58.8k1.2m1.1m1.4m890.5k997.0k884.0k1.9m

Inventories

223.6k227.6k200.1k1.4m1.3m1.1m1.3m1.2m
Annual
USDFY, 2018FY, 2019

Net Income

(5.3m)(12.9m)

Depreciation and Amortization

487.9k1.3m

Inventories

59.3k(445.5k)

Accounts Payable

(1.4m)1.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(1.6m)(2.3m)(4.0m)(1.4m)(3.2m)(5.8m)1.3m(354.9k)

Depreciation and Amortization

39.6k79.3k120.0k301.4k633.6k952.0k316.3k612.4k

Inventories

16.5k12.4k40.0k(437.6k)(336.5k)(182.4k)69.1k178.2k

Accounts Payable

491.2k148.7k55.2k840.9k1.2m1.4m(215.3k)(344.8k)
USDQ1, 2018

Revenue/Employee

139.1k

Financial Leverage

-61.1 x
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Edison Nation Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Edison Nation Online and Social Media Presence

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Edison Nation News and Updates

Edison Nation Launches Direct to Consumer PPE Initiative; Amazon Update

Bethlehem, P.A., Sept. 10, 2020 (GLOBE NEWSWIRE) -- Edison Nation, Inc. (NASDAQ:EDNT), a multifaceted ecosystem that fosters innovation and drives IP, media and consumer products, today announced the launch of new products on Amazon.

Edison Nation Announces Date of Annual Shareholder Meeting

Bethlehem, PA, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Edison Nation, Inc. will conduct its 2020 annual meeting of shareholders on Wednesday, October 21 at 9:30 a.m. EST at the Bear Creek Mountain Resort located at 101 Doe Mountain Lane, Macungie, Pennsylvania 18062.

Edison Nation Announces Its Second Quarter 2020 Earnings Conference Call

Bethlehem, PA, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Edison Nation, Inc. is pleased to announce that it will hold its Second Quarter 2020 Earnings Conference Call on Thursday, August 20, 2020 at 4:30 pm Eastern Time, which will be presented by Mr. Christopher Ferguson - Chief Executive Officer, and Mr…

Edison Nation Embraces Growing E-commerce Market

Bethlehem, PA, July 09, 2020 (GLOBE NEWSWIRE) -- Edison Nation, Inc. (NASDAQ:EDNT) a multifaceted ecosystem fostering innovation and driving IP, media and consumer products, capitalizes on thriving e-commerce environment.
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Edison Nation Blogs

A Licensing Deal for Jessica Russell!

Congratulations, Jessica! A Licensing Deal on your Table-2-Go! Jessica has been a member of our EN community since 2018. We had the pleasure of talking with her and learning more about where her creative spark comes from. An easy take-away from our conversation is the kind and generous spirit Jessic…

How Enventys Partners Development Team is Providing COVID-19 Relief

By Jeremy Losaw | April 24, 2020 PRODUCT DEVELOPMENT Innovation is always up for a challenge and the COVID-19 pandemic has thrown an interesting one. Creative and development communities have been responding to the novel coronavirus with innovative solutions, inspiring the Enventys Partners communit…

Meet Kelly Bagla, Esq., CEO of Go Legal Yourself and Judge on Everyday Edisons!

She’s known as the Queen of Business Law, and now she’ll be the queen of Everyday Edisons’ judging panel! Kelly Bagla, Esq. joins forces with Chris Ferguson and Louis Foreman, lending her extensive legal and IP expertise to the innovators on season 5 of Everyday Edisons streaming now for free on Cra…

Meet Everyday Edisons Guest Judge Tiffany Norwood!

Serial global entrepreneur Tiffany Norwood has to her name a staggering seven start-ups, two IPOs, and one patent. Her sector- and globe-spanning accomplishments include co-developing the first one-strap backpack, pioneering the first wave of digital broadcasting and satellite radio, cofounding the …

MICRO PROTOTYPING

I have always been fascinated by miniature versions of things. As a kid, I built scale model cars and played with Hot Wheels and Micro Machines. I never drove a full-scale racecar, but was obsessed with racing 1/10th scale R/C cars.  Fast forward to the present day and I love watching the Tiny Kitch…

Everyday Edisons Coming Soon!

Happy Birthday, Thomas Edison! On February 11, 1983, Edison’s birthday was designated National Inventor’s Day in recognition of the inventor’s profound impact on the world of invention. Not only was Edison responsible for paradigm-shifting products such as the phonograph and the light bulb, but he a…
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Edison Nation Frequently Asked Questions

  • When was Edison Nation founded?

    Edison Nation was founded in 2005.

  • Who are Edison Nation key executives?

    Edison Nation's key executives are Christopher B. Ferguson, Brett Vroman and Kevin J. Ferguson.

  • How many employees does Edison Nation have?

    Edison Nation has 48 employees.

  • What is Edison Nation revenue?

    Latest Edison Nation annual revenue is $19.6 m.

  • What is Edison Nation revenue per employee?

    Latest Edison Nation revenue per employee is $408.9 k.

  • Who are Edison Nation competitors?

    Competitors of Edison Nation include ArabyAds, GMS Group and UpReach.

  • Where is Edison Nation headquarters?

    Edison Nation headquarters is located at One Bethlehem Plaza, 1 W Broad St #1004, Bethlehem.

  • Where are Edison Nation offices?

    Edison Nation has an office in Bethlehem.

  • How many offices does Edison Nation have?

    Edison Nation has 1 office.