GrowGeneration 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	2015 - 2019
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	2015 - 2019
Revenue	188.87	225.88	278.17	422.49	193.37	Upgrade
Revenue Growth (YoY)	-16.39%	-18.80%	-34.16%	118.49%	142.51%	Upgrade
Cost of Revenue	144.1	164.62	207.9	304.25	142.32	Upgrade
Gross Profit	44.77	61.26	70.26	118.24	51.05	Upgrade
Selling, General & Admin	68.39	77.88	91.24	88.51	39.4	Upgrade
Operating Expenses	82.47	95.44	110.11	102.54	42.41	Upgrade
Operating Income	-37.7	-34.19	-39.84	15.7	8.64	Upgrade
Interest Expense	-0.07	-0.1	-0.02	-0.04	-0.01	Upgrade
Interest & Investment Income	2.7	2.7	0.58	0.49	0.04	Upgrade
Other Non Operating Income (Expenses)	0.04	0.78	0.68	-0.22	0.11	Upgrade
EBT Excluding Unusual Items	-35.03	-30.81	-38.6	15.93	8.78	Upgrade
Merger & Restructuring Charges	-7.67	-	-0.2	-0.7	-0.2	Upgrade
Asset Writedown	-6.66	-15.66	-127.83	-	-	Upgrade
Pretax Income	-49.35	-46.46	-166.63	15.23	8.58	Upgrade
Income Tax Expense	0.16	0.03	-2.89	2.44	3.25	Upgrade
Net Income	-49.51	-46.5	-163.75	12.79	5.33	Upgrade
Net Income to Common	-49.51	-46.5	-163.75	12.79	5.33	Upgrade
Net Income Growth	-	-	-	139.98%	303.03%	Upgrade
Shares Outstanding (Basic)	60	61	61	59	44	Upgrade
Shares Outstanding (Diluted)	60	61	61	60	46	Upgrade
Shares Change (YoY)	-1.64%	0.60%	0.58%	30.15%	37.00%	Upgrade
EPS (Basic)	-0.82	-0.76	-2.69	0.22	0.12	Upgrade
EPS (Diluted)	-0.82	-0.76	-2.69	0.21	0.11	Upgrade
EPS Growth	-	-	-	90.91%	175.00%	Upgrade
Free Cash Flow	-3.78	-5.28	-0.95	-13.58	-3.61	Upgrade
Free Cash Flow Per Share	-0.06	-0.09	-0.02	-0.23	-0.08	Upgrade
Gross Margin	23.71%	27.12%	25.26%	27.99%	26.40%	Upgrade
Operating Margin	-19.96%	-15.13%	-14.32%	3.72%	4.47%	Upgrade
Profit Margin	-26.21%	-20.58%	-58.87%	3.03%	2.76%	Upgrade
Free Cash Flow Margin	-2.00%	-2.34%	-0.34%	-3.21%	-1.87%	Upgrade
EBITDA	-23.57	-17.58	-22.71	28.3	11.07	Upgrade
EBITDA Margin	-12.48%	-7.78%	-8.16%	6.70%	5.73%	Upgrade
D&A For EBITDA	14.14	16.61	17.13	12.6	2.44	Upgrade
EBIT	-37.7	-34.19	-39.84	15.7	8.64	Upgrade
EBIT Margin	-19.96%	-15.13%	-14.32%	3.72%	4.47%	Upgrade
Effective Tax Rate	-	-	-	16.04%	37.90%	Upgrade
Advertising Expenses	2	1.8	4	4	1	Upgrade

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q