Last $0.22 USD
Change Today -0.0025 / -1.11%
Volume 485.6K
As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

terra tech corp (TRTC) Snapshot

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52 Week High
03/12/14 - $1.42
52 Week Low
09/16/14 - $0.21
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terra tech corp (TRTC) Details

Terra Tech Corporation is engaged in the design, marketing, and sale of hydroponic equipment in the United States. The company integrates hydroponic equipment with proprietary technology to create sustainable solutions for the cultivation of indoor agriculture. It offers portable hydroponic trailers, and The Big Bud and Little Bud, which are custom fabricated proprietary cultivation systems; magnetic ballasts, cultivation tents, digital atmospheric controllers, and recycling timers, as well as a line of nutrients; and hydroponic produce. The company also provides its products through its Website. Its products are primarily used by companies, horticulture enthusiasts, local urban farmers, and green house growers. Terra Tech Corporation was founded in 2010 and is headquartered in Irvine, California.

2 Employees
Last Reported Date: 12/24/14
Founded in 2010

terra tech corp (TRTC) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: --
Chief Financial Officer and Principal Account...
Total Annual Compensation: --
Secretary, Treasurer and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

terra tech corp (TRTC) Key Developments

Terra Tech Corp Reports Earnings Results for the Third Quarter Ended September 30, 2014; Reaffirms Revenue Guidance for 2014

Terra Tech Corp. reported earnings results for the third quarter ended September 30, 2014. For the quarter, the company generated revenues of $1,314,973 compared to $773,140 for the quarter ended September 30, 2013, an increase of $541,834. The increase was primarily due to revenues generated by Edible Garden, which Terra Tech acquired in April 2013. In addition, the company had gross profits of $63,938 compared to $3,520 for the quarter ended September 30, 2013, an increase of $60,418. The company is maintaining $7 million annual revenue forecast.

Terra Tech Corp Announces Earnings Results for the Quarter Ended June 30, 2014; Reaffirms Revenue Guidance for the Full Year of 2014

Terra Tech Corp. announced earnings results for the quarter ended June 30, 2014. The company announced that the total revenues generated from sales for the second quarter totaled $3,711,801, an increase of $3,046,436 or 458% from the quarter ended June 30, 2013, which totaled $665,365. The primary reason was due the revenue generated from Edible Garden. The net result for the quarter ended June 30, 2014 was a loss of $0.03 per share compared to a loss of $0.01 for the quarter ended June 30, 2013. The company reaffirmed full year 2014 revenue guidance of $7 Million.

Terra Tech Seeks Acquisitions

Terra Tech Corp. (OTCPK:TRTC) will consider acquisitions. Derek Peterson, Chief Executive Officer of Terra Tech said, "Our objective for the remainder of the year is to continue to grab market share for Edible Garden, develop opportunities in the cannabis field and to seek out symbiotic mergers and acquisitions."


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Price/Sales 6.5x
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TEV/Sales 5.5x

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