See more : Queclink Wireless Solutions Co., Ltd. (300590.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of GrowGeneration Corp. (GRWG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of GrowGeneration Corp., a leading company in the Specialty Retail industry within the Consumer Cyclical sector.
- Serverworks Co.,Ltd. (4434.T) Income Statement Analysis – Financial Results
- Charter Hall Long WALE REIT (CLW.AX) Income Statement Analysis – Financial Results
- Guangzhou Haozhi Industrial Co.,Ltd. (300503.SZ) Income Statement Analysis – Financial Results
- Olectra Greentech Limited (OLECTRA.NS) Income Statement Analysis – Financial Results
- BCE Inc. (BCEPF) Income Statement Analysis – Financial Results
GrowGeneration Corp. (GRWG)
About GrowGeneration Corp.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 225.88M | 278.17M | 422.49M | 193.37M | 79.73M | 29.00M | 14.36M | 7.98M | 3.46M | 1.44M |
| Cost of Revenue | 164.62M | 207.90M | 304.25M | 142.32M | 57.17M | 22.56M | 11.09M | 5.78M | 2.35M | 974.68K |
| Gross Profit | 61.26M | 70.26M | 118.24M | 51.05M | 22.56M | 6.44M | 3.27M | 2.20M | 1.10M | 468.16K |
| Gross Profit Ratio | 27.12% | 25.26% | 27.99% | 26.40% | 28.30% | 22.22% | 22.76% | 27.62% | 31.93% | 32.45% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 28.00M | 32.76M | 36.90M | 21.45M | 9.28M | 5.15M | 3.01M | 2.07M | 1.39M | 253.31K |
| Selling & Marketing | 1.80M | 4.00M | 4.00M | 996.00K | 737.00K | 269.55K | 264.63K | 107.74K | 51.33K | 19.43K |
| SG&A | 29.80M | 36.76M | 40.90M | 21.45M | 9.28M | 5.15M | 3.01M | 2.18M | 1.44M | 688.71K |
| Other Expenses | 81.30M | 71.81M | 62.34M | 21.16M | 11.14M | 115.88K | 1.21K | 357.55K | -11.22K | 0.00 |
| Operating Expenses | 111.10M | 108.57M | 103.24M | 42.61M | 20.42M | 10.70M | 6.12M | 2.54M | 1.60M | 695.75K |
| Cost & Expenses | 275.73M | 316.47M | 407.49M | 184.93M | 77.59M | 33.26M | 17.21M | 8.31M | 3.95M | 1.67M |
| Interest Income | 2.70M | 580.00K | 486.00K | 43.93K | 144.73K | 79.18K | 0.00 | 0.00 | 2.92K | 0.00 |
| Interest Expense | 97.00K | 21.00K | 43.00K | 14.05K | 401.50K | 1.01M | 15.34K | 5.25K | 0.00 | 0.00 |
| Depreciation & Amortization | 16.61M | 17.13M | 12.60M | 2.44M | 1.05M | 351.07K | 151.56K | 52.96K | 16.44K | 4.28K |
| EBITDA | -29.76M | -149.48M | 27.87M | 11.03M | 2.77M | -3.71M | -2.38M | -373.03K | -499.61K | -220.22K |
| EBITDA Ratio | -13.18% | -7.16% | 6.60% | 5.70% | 4.17% | -12.79% | -18.78% | -3.84% | -14.46% | -15.26% |
| Operating Income | -49.84M | -38.31M | 15.00M | 8.44M | 2.14M | -4.26M | -2.85M | -425.99K | -514.62K | -224.50K |
| Operating Income Ratio | -22.07% | -13.77% | 3.55% | 4.36% | 2.68% | -14.67% | -19.84% | -5.34% | -14.89% | -15.56% |
| Total Other Income/Expenses | 3.38M | 1.24M | 227.00K | 141.68K | -261.00K | -818.11K | 307.93K | -5.25K | -10.92K | -3.08K |
| Income Before Tax | -46.46M | -166.63M | 15.23M | 8.58M | 1.88M | -5.07M | -2.54M | -431.24K | -528.76K | -227.59K |
| Income Before Tax Ratio | -20.57% | -59.90% | 3.60% | 4.44% | 2.36% | -17.50% | -17.70% | -5.40% | -15.30% | -15.77% |
| Income Tax Expense | 32.00K | -2.89M | 2.44M | 3.25M | 396.95K | 195.06K | 16.55K | -862.49M | -8.30K | 0.00 |
| Net Income | -46.50M | -163.75M | 12.79M | 5.33M | 1.48M | -5.07M | -2.54M | -431.24K | -528.76K | -227.59K |
| Net Income Ratio | -20.58% | -58.87% | 3.03% | 2.76% | 1.86% | -17.50% | -17.70% | -5.40% | -15.30% | -15.77% |
| EPS | -0.76 | -2.69 | 0.22 | 0.12 | 0.05 | -0.22 | -0.18 | -0.05 | -0.04 | -0.04 |
| EPS Diluted | -0.76 | -2.69 | 0.21 | 0.11 | 0.04 | -0.22 | -0.18 | -0.05 | -0.04 | -0.04 |
| Weighted Avg Shares Out | 61.18M | 60.81M | 59.22M | 43.94M | 32.83M | 23.06M | 14.13M | 9.15M | 11.89M | 6.00M |
| Weighted Avg Shares Out (Dil) | 61.18M | 60.81M | 60.46M | 46.46M | 33.91M | 23.49M | 14.51M | 9.15M | 11.89M | 6.00M |
Top Marijuana Stocks For Better Market Action
GrowGeneration Unveils New Product Lines Across Its Proprietary Brands Portfolio
I Like GrowGeneration As A Cannabis Stock
GrowGeneration Earnings Miss Estimates in Q3, Revenues Dip Y/Y
Customer Retention Drives GrowGeneration's Q3 Results: Sales Up, Revenue Down
GrowGeneration Corp. (GRWG) Q3 2024 Earnings Call Transcript
GrowGeneration (GRWG) Reports Q3 Loss, Tops Revenue Estimates
GrowGeneration Reports Third Quarter 2024 Financial Results
Top Picks for Ancillary Cannabis Stocks During the Marijuana Market Downturn
Top Marijuana Stocks For Cannabis Investors In 2024
Source: https://incomestatements.info
Category: Stock Reports