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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.

0.96 USD

0.0517 (5.39%)

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

All figures are in USD.

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