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GRWG - GrowGeneration Corp.

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GrowGeneration Corp.

GRWG

NASDAQ

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of nutrients, growing media, advanced indoor and greenhouse lighting, environmental control systems, vertical benching, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 01, 2022, it operated a chain of 63 stores, which includes 23 in California, 8 in Colorado, 7 in Michigan, 5 in Maine, 6 in Oklahoma, 4 in Oregon, 3 in Washington, 2 in Nevada, 1 in Arizona, 1 in Rhode Island, 1 in Florida, 1 in Massachusetts, and 1 in New Mexico, as well as growgeneration.com, an online superstore for cultivators. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

0.887 USD

0.0109 (1.23%)

GRWG Financial Statements

Year

2024

2023

2022

2021

Total Revenue

188.87M

225.88M

278.17M

422.49M

Cost of Revenue

145.14M

164.62M

207.9M

304.25M

Gross Profit

43.72M

61.26M

70.26M

118.24M

Operating Expenses

95.69M

110.32M

108.57M

103.24M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

29.24M

29.8M

36.76M

40.9M

Selling & Marketing Expenses

0

1.8M

4M

4M

General & Administrative Expenses

0

28M

32.76M

36.9M

Other Expenses

66.45M

81.3M

71.81M

62.34M

Operating Income

-51.97M

-49.84M

-38.31M

15M

Total Other Income/Expenses Net

2.3M

3.38M

1.24M

227k

Income Before Tax

-49.67M

-46.46M

-166.63M

15.23M

Income Tax

-158k

32k

-2.88M

2.44M

Net Income

-49.51M

-46.5M

-163.75M

12.79M

Basic EPS

-0.82

-0.76

-2.69

0.22

EPS Diluted

-0.82

-0.76

-2.69

0.21

Basic Average Shares

60.18M

61.18M

60.81M

59.22M

Diluted Average Shares

60.18M

61.18M

60.81M

60.46M

EBITDA

-30.3M

-29.76M

-149.48M

27.87M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-200.1M

-153.6M

10.14M

-2.64M

Net Income

-49.51M

-46.5M

-163.75M

12.79M

Stock Repurchases

-6.04M

-263k

-1.62M

-4.39M

Dividend Paid

0

0

0

0

Retained Earnings

-255.64M

-200.1M

-153.6M

10.14M

Other Distributions

-61.58M

-46.76M

-165.37M

8.39M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

49.95M

66.98M

75.1M

67.85M

Annual Depreciation

19.44M

16.61M

17.13M

12.6M

Capital Expenditure

-1.98M

-6.7M

-12.9M

-18.74M

Net PPE

32.49M

57.08M

70.87M

73.99M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-5.92M

-8.45M

-109.42M

62.45M

Goodwill (Previous Year)

7.53M

15.98M

125.4M

62.95M

Goodwill

1.6M

7.53M

15.98M

125.4M

All figures are in USD.

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