GrowGeneration Corp.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $8.0m $14.4m $29.0m $79.7m $193.4m $422.5m $278.2m $225.9m $188.9m $161.7m
Cost of Revenue $5.8m $11.1m $22.6m $57.2m $142.3m $304.2m $207.9m $164.6m $145.1m $118.5m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $57.7m $142.3m $304.2m $207.9m $164.6m $145.1m $118.5m
Gross Profit $2.2m $3.3m $6.4m $22.6m $51.0m $118.2m $70.3m $61.3m $43.7m $43.3m
Operating Costs and Expenses $3.0m $5.2m $10.1m $18.7m $49.7m $54.7m $48.1m $40.2m $30.7m
Operating Expenses $2.6m $6.1m $10.7m $20.4m $42.6m $103.2m $238.1m $111.1m $95.7m $68.9m
Operating Income (Loss) ($426k) ($2.9m) ($4.3m) $2.1m $8.4m $15.0m ($167.9m) ($49.8m) ($52.0m) ($25.6m)
Additional Financial Items
Amortization of Intangible Assets $789k $8.9m $9.9m $8.9m $6.7m $5.9m
Gain (Loss) Related to Litigation Settlement $322k
Goodwill, Impairment Loss $116.7m $9.3m $5.9m
Interest Income, Other $79k $145k $44k $486k $580k $2.7m
Investment Income, Interest $2.7m $1.7m
Operating Lease, Lease Income $2.8m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($431k) $8.6m $15.2m ($166.6m) ($46.5m) ($49.4m) ($23.9m)
Net Income (Loss) Attributable to Parent ($431k) ($2.5m) ($5.1m) $1.9m $5.3m $12.8m ($163.7m) ($46.5m) ($49.5m) ($24.0m)
Earnings Per Share, Basic ($0.05) ($0.22) $0.06 $0.12 $0.22 ($2.69) ($0.76) ($0.82) ($0.40)
Earnings Per Share, Diluted ($0.05) ($0.18) ($0.22) $0.05 $0.11 $0.21 ($2.69) ($0.76) ($0.82) ($0.40)
Weighted Average Number of Shares Outstanding, Basic 9.2m 23.5m 32.8m 43.9m 59.2m 60.8m 61.2m 60.2m 59.7m
Weighted Average Number of Shares Outstanding, Diluted 9.2m 14.5m 23.5m 39.2m 46.5m 60.5m 60.8m 61.2m 60.2m 59.7m
Other income (expense):
General and Administrative Expense $1.0m $1.6m $3.2m $5.0m
Selling, General and Administrative Expense $9.3m $21.5m $40.9m $36.8m $29.8m $29.2m $26.3m
Other Nonoperating Income (Expense) ($5k) ($14k) ($43k) ($21k) $781k ($13k) $0
Interest Expense $5k $15k $24k $45k $43k $21k $97k $70k $0
Interest Income (Expense), Nonoperating, Net $14k ($43k)
Interest Expense (non-operating) $70k $0
Cost, Direct Tax and License $8k
Labor and Related Expense $993k $905k $1.6m $3.6m $8.6m $16.7m
Marketing and Advertising Expense $108k $265k $270k $737k $996k $4.0m $4.0m $1.8m $2.0m $1.6m
Restructuring and Related Cost, Incurred Cost $2.4m $1.1m
Income Tax Expense (Benefit) $0 $0 $0 $3.3m $2.4m ($2.9m) $32k $158k $191k
Nonoperating Income (Expense) ($5k) $308k ($818k) ($261k) $142k $227k $1.2m $3.4m $2.6m $1.7m