See more : Bluescape Opportunities Acquisi (BOAC-WT) Income Statement Analysis – Financial Results
Complete financial analysis of Hydrofarm Holdings Group, Inc. (HYFM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hydrofarm Holdings Group, Inc., a leading company in the Agricultural – Machinery industry within the Industrials sector.
- STMicroelectronics N.V. (SGM.DE) Income Statement Analysis – Financial Results
- Vintron Informatics Limited (VINTRON.BO) Income Statement Analysis – Financial Results
- DongWon Development Co.,Ltd. (013120.KQ) Income Statement Analysis – Financial Results
- Globrands Ltd. (GLRS.TA) Income Statement Analysis – Financial Results
- Ad-Sol Nissin Corporation (3837.T) Income Statement Analysis – Financial Results
Hydrofarm Holdings Group, Inc. (HYFM)
About Hydrofarm Holdings Group, Inc.
Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 226.58M | 344.50M | 479.42M | 342.21M | 235.11M | 211.81M | 202.03M | 273.48M |
| Cost of Revenue | 188.97M | 315.17M | 377.93M | 278.57M | 208.03M | 187.74M | 172.78M | 221.60M |
| Gross Profit | 37.61M | 29.34M | 101.49M | 63.63M | 27.09M | 24.07M | 29.25M | 51.89M |
| Gross Profit Ratio | 16.60% | 8.52% | 21.17% | 18.59% | 11.52% | 11.36% | 14.48% | 18.97% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 42.23M | 8.43M | 11.31M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.03M | 3.15M |
| SG&A | 87.31M | 118.60M | 103.89M | 58.49M | 43.78M | 42.23M | 29.92M | 33.23M |
| Other Expenses | 0.00 | 841.00K | -204.00K | 70.00K | 105.00K | 995.00K | 0.00 | 0.00 |
| Operating Expenses | 87.31M | 118.60M | 103.89M | 58.49M | 43.78M | 43.25M | 116.97M | 34.48M |
| Cost & Expenses | 265.01M | 433.77M | 481.82M | 337.06M | 251.81M | 230.99M | 289.76M | 256.08M |
| Interest Income | 0.00 | 10.96M | 2.14M | 10.14M | 13.47M | 0.00 | 7.18M | 712.00K |
| Interest Expense | 15.44M | 10.96M | 2.14M | 10.14M | 13.47M | 11.61M | 0.00 | 0.00 |
| Depreciation & Amortization | 32.08M | 51.28M | 20.59M | 10.25M | 10.65M | 8.26M | 4.04M | 1.24M |
| EBITDA | -17.51M | -229.62M | 17.01M | 13.69M | -16.66M | -16.07M | -1.66M | 18.64M |
| EBITDA Ratio | -7.73% | -25.67% | -0.54% | 1.52% | -4.08% | -4.69% | -0.82% | 6.82% |
| Operating Income | -38.43M | -89.27M | -2.40M | -1.57M | -16.70M | -25.33M | -5.70M | 17.41M |
| Operating Income Ratio | -16.96% | -25.91% | -0.50% | -0.46% | -7.10% | -11.96% | -2.82% | 6.36% |
| Total Other Income/Expenses | -26.59M | -10.26M | -3.02M | -10.98M | -14.04M | -16.76M | -89.21M | -712.00K |
| Income Before Tax | -65.03M | -291.86M | -5.72M | -6.70M | -40.77M | -35.94M | -94.90M | 16.69M |
| Income Before Tax Ratio | -28.70% | -84.72% | -1.19% | -1.96% | -17.34% | -16.97% | -46.97% | 6.10% |
| Income Tax Expense | -213.00K | -6.44M | -19.14M | 576.00K | -691.00K | -397.00K | 354.67K | 144.00K |
| Net Income | -64.81M | -285.42M | 13.42M | -7.27M | -40.08M | -32.89M | -82.77M | 15.78M |
| Net Income Ratio | -28.60% | -82.85% | 2.80% | -2.13% | -17.05% | -15.53% | -40.97% | 5.77% |
| EPS | -1.42 | -6.35 | 0.34 | -0.22 | -1.21 | -1.43 | -6.48 | 1.24 |
| EPS Diluted | -1.42 | -6.35 | 0.31 | -0.22 | -1.21 | -1.42 | -6.48 | 1.24 |
| Weighted Avg Shares Out | 45.51M | 44.97M | 39.99M | 33.50M | 33.02M | 22.94M | 12.76M | 12.76M |
| Weighted Avg Shares Out (Dil) | 45.51M | 44.97M | 42.99M | 33.50M | 33.02M | 23.15M | 12.76M | 12.76M |
Despite Fast-paced Momentum, Hydrofarm (HYFM) Is Still a Bargain Stock
3 Stock Picks to Ride the Vertical Farming Wave
Hydrofarm Holdings Group, Inc. (HYFM) Q4 2023 Earnings Call Transcript
Hydrofarm Holdings Group, Inc. (HYFM) Reports Q4 Loss, Lags Revenue Estimates
Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2023 Results
3 Marijuana Stocks For Possible Gains Today
5 Agriculture - Products Stocks to Watch in a Challenging Industry
Hydrofarm Holdings Group, Inc. to Announce Fourth Quarter and Full Year 2023 Results on February 29, 2024
Here Are Some Top Marijuana Stocks To Follow Now
Hydrofarm Showcases Sustainable Indoor Gardening Solutions on 'The Balancing Act'
Source: https://incomestatements.info
Category: Stock Reports