OverviewSuggest Edit

Terra Tech creates sustainable renewable solutions for food production, indoor cultivation, and agricultural research and development. The future of farming is both indoor and vertical in highly productive and controlled environments. This new era of farming technology is needed to feed their worlds population while at the same time reducing their carbon footprint, generating higher yields and producing a higher quality more nutritious product.
TypePublic
Founded2010
HQIrvine, CA, US
Websiteterratechcorp.com

Latest Updates

Employees (est.) (Dec 2019)248(-5%)
Revenue (FY, 2019)$28.1 M(-10%)
Share Price (Jan 2021)$0.3
Cybersecurity ratingBMore

Key People/Management at Terra Tech

Uri Kenig

Uri Kenig

Interim Chief Operating Officer
Derek Peterson

Derek Peterson

Chief Strategy Officer and Director
Steven J. Ross

Steven J. Ross

Director
Jeffrey Batliner

Jeffrey Batliner

Chief Financial Officer
Nicholas Kovacevich

Nicholas Kovacevich

Chairman of the Board
Alan Gladstone

Alan Gladstone

Director
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Terra Tech Office Locations

Terra Tech has an office in Irvine
Irvine, CA, US (HQ)
2040 Main St #225
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Terra Tech Financials and Metrics

Terra Tech Revenue

Terra Tech's revenue was reported to be $28.05 m in FY, 2019
USD

Revenue (Q3, 2020)

3.1m

Gross profit (Q3, 2020)

1.4m

Gross profit margin (Q3, 2020), %

47.1%

Net income (Q3, 2020)

(18.2m)

EBIT (Q3, 2020)

(13.9m)

Market capitalization (15-Jan-2021)

35.3m

Closing stock price (15-Jan-2021)

0.3

Cash (30-Sept-2020)

2.3m

EV

56.1m
Terra Tech's current market capitalization is $35.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

552.6k2.1m7.1m10.0m25.3m35.8m31.3m28.1m

Revenue growth, %

234%41%154%

Cost of goods sold

451.7k2.0m6.9m9.0m22.8m30.3m18.9m13.4m

Gross profit

100.9k88.9k153.0k1.0m2.6m5.5m12.4m14.7m
Quarterly
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Terra Tech Acquisitions / Subsidiaries

Company NameDateDeal Size
Golden Leaf HoldingsNovember 05, 2018

Terra Tech Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Terra Tech Online and Social Media Presence

Embed Graph

Terra Tech Company Culture

  • CEO Rating

    F

    20/100

  • Compensation

    D

    55/100

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Terra Tech News and Updates

Asia Pacific $22.87 Billion Cannabis Market Forecast to 2027 with Profiles of Cannabis Science, Tikun Olam, Terra Tech, Tilray & The Cronos Group

Dublin, Jan. 04, 2021 (GLOBE NEWSWIRE) -- The "Asia Pacific Cannabis Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type; Application; Compound, and Country" report has been added to ResearchAndMarkets.com's offering. Asia Pacific cannabis market is expected to reach …

Lawsuit Filed by Michel & Associates Against Terra Tech on Behalf of Alleged Former Partner Forced Out of Santa Ana Cannabis Shops

LONG BEACH, Calif., Sept. 11, 2019 /PRNewswire/ -- Santa Ana cannabis businessman Wojciech Smolenski, through his counsel at Michel & Associates, PC, has filed a complaint in a Santa Ana court against his former employer, Terra Tech Corp., and alleged former partners contending that Terra...

Terra Tech Enters into Agreement to Acquire Remainder of Interest in Blüm Reno Dispensary

IRVINE, Calif., Feb. 28, 2019 (GLOBE NEWSWIRE) -- Terra Tech Corp. (TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, today announced it has entered into an agreement to acquire the remainder of the interest in the Blüm Reno dispensary, located …

Terra Tech Corp Issues Statement in Response to Meritless Lawsuit Filed by Business Associate in State of Nevada

IRVINE, Calif., Dec. 18, 2018 (GLOBE NEWSWIRE) -- Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, today responded to allegations in a lawsuit filed against the Company in the State of Nevada by Heidi Loeb Hegerich relate…

Terra Tech Corp. Announces Plans to Expand its Cannabis Dispensary Footprint with Purchase of Las Vegas Property

IRVINE, Calif., Oct. 12, 2018 (GLOBE NEWSWIRE) -- Terra Tech Corp. (OTCQX: TRTC), (“Terra Tech” or the “Company”) a vertically integrated cannabis-focused agriculture company, today announced it has purchased a retail property in downtown Las Vegas, located at 121 North Fourth Street. The Company …

Terra Tech to Webcast, Live, at VirtualInvestorConferences.com September 12

Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com IRVINE, Calif., Sept. 10, 2018 /PRNewswire/ -- Terra Tech Corp. (OTCQX: TRTC), ("Terra Tech" or the "Company") a vertically integrated...
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Terra Tech Blogs

Terra Tech Corp. Announces Changes to Leadership Team

Frank Knuettel II Appointed Interim Chief Executive Officer and President Uri Kenig Appointed Interim Chief Operating Officer IRVINE, CA / ACCESSWIRE / December 21, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced the appointment of Mr. Frank Knuettel II as its ne…

Terra Tech Corp. Reports Financial Results for Third Quarter 2020

IRVINE, CA / ACCESSWIRE / November 6, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced its financial results for the quarter ended September 30, 2020. Mike Nahass, Chief Executive Officer of Terra Tech, commented, "Our third quarter results were impacted by the cl…

Terra Tech Corp. Schedules Third Quarter 2020 Earnings Release for Friday, November 6, 2020

IRVINE, CA / ACCESSWIRE / October 30, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech") or (the "Company") today announced that it will release its Third Quarter 2020 results on Friday, November 6, 2020 after U.S. markets close. The Company will also host a conference call on Friday, November 6, 2…

Terra Tech Corp. Appoints Michael Nahass as Chief Executive Officer

IRVINE, CA / ACCESSWIRE / October 13, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced it has appointed Mr. Michael Nahass as Chief Executive Officer. Mr. Nahass currently serves as Terra Tech's President, Chief Operating Officer, Secretary and Treasurer as well a…

Terra Tech Corp. Reports Financial Results for Second Quarter 2020

IRVINE, CA / ACCESSWIRE / August 7, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced its financial results for the quarter ended June 30, 2020. Matthew Morgan, Chief Executive Officer of Terra Tech, commented, "Our second quarter results were impacted by reduced f…

Terra Tech Corp. Schedules Second Quarter 2020 Earnings Release for Friday, August 7, 2020

IRVINE, CA / ACCESSWIRE / August 3, 2020 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech") or (the "Company") today announced that it will release its Second Quarter 2020 results on Friday, August 7, 2020 after U.S. markets close. The company will also host a conference call on Friday, August 7, 2020 a…
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Terra Tech Frequently Asked Questions

  • When was Terra Tech founded?

    Terra Tech was founded in 2010.

  • Who are Terra Tech key executives?

    Terra Tech's key executives are Uri Kenig, Derek Peterson and Steven J. Ross.

  • How many employees does Terra Tech have?

    Terra Tech has 248 employees.

  • What is Terra Tech revenue?

    Latest Terra Tech annual revenue is $28.1 m.

  • What is Terra Tech revenue per employee?

    Latest Terra Tech revenue per employee is $113.1 k.

  • Who are Terra Tech competitors?

    Competitors of Terra Tech include Land O'Lakes, Yasheng Group and Bonduelle.

  • Where is Terra Tech headquarters?

    Terra Tech headquarters is located at 2040 Main St #225, Irvine.

  • Where are Terra Tech offices?

    Terra Tech has an office in Irvine.

  • How many offices does Terra Tech have?

    Terra Tech has 1 office.