urban-gro Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	40.01	69.92	66.02	60.6	25.84
Other Revenue	-	-	1.01	1.51	-
Revenue	40.01	69.92	67.03	62.11	25.84
Revenue Growth (YoY)	-42.78%	4.31%	7.92%	140.40%	6.81%
Cost of Revenue	37.14	60.02	52.82	47.35	20.12
Gross Profit	2.87	9.9	14.21	14.76	5.72
Selling, General & Admin	25.74	25.28	19.91	12.85	6.66
Amortization of Goodwill & Intangibles	-	-	1.06	0.27	-
Operating Expenses	27.12	26.91	23.54	14.96	8.46
Operating Income	-24.25	-17.01	-9.34	-0.2	-2.75
Interest Expense	-1.02	-0.27	-0.05	-0.97	-1.5
Interest & Investment Income	0	0.17	0.33	0.02	-
Currency Exchange Gain (Loss)	-	-	-	-	-0.4
Other Non Operating Income (Expenses)	0.23	-0.04	-0.14	0.03	0.03
EBT Excluding Unusual Items	-25.04	-17.15	-9.2	-1.12	-4.61
Impairment of Goodwill	-8.61	-6.27	-	-	-
Gain (Loss) on Sale of Investments	-	-0.26	-2.66	-	-0.31
Asset Writedown	-2.67	-	-	-	-
Legal Settlements	-0.21	-1.5	-	-	-
Other Unusual Items	-	-0.16	-3.74	0.24	-0.16
Pretax Income	-36.53	-25.34	-15.6	-0.88	-5.07
Income Tax Expense	-0.03	0.09	-0.32	-	-
Net Income	-36.5	-25.44	-15.28	-0.88	-5.07
Net Income to Common	-36.5	-25.44	-15.28	-0.88	-5.07
Shares Outstanding (Basic)	14	11	11	10	5
Shares Outstanding (Diluted)	14	11	11	10	5
Shares Change (YoY)	27.99%	2.55%	5.89%	110.23%	8.66%
EPS (Basic)	-2.62	-2.34	-1.44	-0.09	-1.06
EPS (Diluted)	-2.62	-2.34	-1.44	-0.09	-1.06
Free Cash Flow	-2.95	-11.06	-13.19	-1.86	-3.81
Free Cash Flow Per Share	-0.21	-1.02	-1.24	-0.18	-0.80
Gross Margin	7.17%	14.16%	21.19%	23.76%	22.12%
Operating Margin	-60.61%	-24.33%	-13.93%	-0.33%	-10.63%
Profit Margin	-91.22%	-36.38%	-22.79%	-1.41%	-19.64%
Free Cash Flow Margin	-7.38%	-15.81%	-19.68%	-2.99%	-14.74%
EBITDA	-22.83	-15.38	-7.85	0.29	-2.49
EBITDA Margin	-57.06%	-21.99%	-11.72%	0.47%	-9.63%
D&A For EBITDA	1.42	1.64	1.48	0.5	0.26
EBIT	-24.25	-17.01	-9.34	-0.2	-2.75
EBIT Margin	-60.61%	-24.33%	-13.93%	-0.33%	-10.63%
Revenue as Reported	40.01	69.92	67.03	62.11	25.84
Advertising Expenses	0.05	0.52	0.5	0.26	0.17

Source: S&P Global Market Intelligence. Standard template. Financial Sources.