GrowLife Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun '23 Jun 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	0.23	-	-	7	8.22	4.57
Revenue Growth (YoY)	-	-	-	-14.81%	79.68%	86.51%
Cost of Revenue	0.08	-	-	4.02	5.67	4.11
Gross Profit	0.14	-	-	2.98	2.55	0.47
Selling, General & Admin	2.05	1.34	1.38	4.16	6.08	4.79
Amortization of Goodwill & Intangibles	-	-	-	0.67	0.84	-
Operating Expenses	2.05	1.34	1.38	4.87	7.01	5.02
Operating Income	-1.91	-1.34	-1.38	-1.89	-4.46	-4.55
Interest Expense	-4.04	-1.96	-3.24	-1.09	-1.2	-1.32
Other Non Operating Income (Expenses)	-1.24	-1.35	-0.97	0.2	0.5	0.98
EBT Excluding Unusual Items	-7.19	-4.65	-5.6	-2.78	-5.17	-4.89
Merger & Restructuring Charges	-	-	-	-	-0.56	-
Asset Writedown	-0.55	-	-	-	-	-0.06
Other Unusual Items	0.63	0.39	0.09	-3.37	-1.77	-6.52
Pretax Income	-7.11	-4.26	-5.5	-6.15	-7.49	-11.47
Income Tax Expense	-	-	-	0.23	-0.12	-
Earnings From Continuing Operations	-7.11	-4.26	-5.5	-6.38	-7.37	-11.47
Earnings From Discontinued Operations	0.52	-0.22	0.03	-	-	-
Net Income to Company	-6.58	-4.48	-5.47	-6.38	-7.37	-11.47
Minority Interest in Earnings	-	-	-	-	0.09	0.03
Net Income	-6.58	-4.48	-5.47	-6.38	-7.29	-11.44
Net Income to Common	-6.58	-4.48	-5.47	-6.38	-7.29	-11.44
Shares Outstanding (Basic)	14	2	1	0	0	0
Shares Outstanding (Diluted)	14	2	1	0	0	0
Shares Change (YoY)	1672.95%	311.52%	137.36%	40.33%	26.62%	45.70%
EPS (Basic)	-0.46	-1.95	-9.80	-27.12	-43.46	-86.45
EPS (Diluted)	-0.46	-1.95	-9.80	-27.12	-43.46	-86.45
Free Cash Flow	-1	-1.32	-1.56	-1.95	-2.92	-4.4
Free Cash Flow Per Share	-0.07	-0.57	-2.80	-8.29	-17.43	-33.23
Gross Margin	62.62%	-	-	42.57%	31.02%	10.24%
Operating Margin	-841.05%	-	-	-27.00%	-54.29%	-99.46%
Profit Margin	-2904.86%	-	-	-91.13%	-88.66%	-250.24%
Free Cash Flow Margin	-443.24%	-	-	-27.87%	-35.56%	-96.18%
EBITDA	-1.47	-0.67	-0.67	-1.18	-3.53	-4.33
EBITDA Margin	-	-	-	-16.87%	-43.00%	-94.59%
D&A For EBITDA	0.43	0.67	0.71	0.71	0.93	0.22
EBIT	-1.91	-1.34	-1.38	-1.89	-4.46	-4.55
EBIT Margin	-	-	-	-27.00%	-54.29%	-99.46%

Updated Aug 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.