GrowGeneration Corp. (GRWG)

GrowGeneration Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	225.88	278.17	422.49	193.37	79.73
Revenue Growth (YoY)	-18.80%	-34.16%	118.49%	142.51%	174.94%
Cost of Revenue	164.62	207.9	304.25	142.32	57.73
Gross Profit	61.26	70.26	118.24	51.05	22.01
Selling, General & Admin	29.8	36.76	39.47	20.87	9.28
Other Operating Expenses	81.3	201.38	63.77	21.74	11.14
Operating Expenses	111.1	238.14	103.24	42.61	20.42
Operating Income	-49.84	-167.88	15	8.44	1.58
Interest Expense / Income	0.1	0.02	0.04	0.01	0.4
Other Expense / Income	-3.48	-1.26	-0.27	-0.16	-0.14
Pretax Income	-46.46	-166.63	15.23	8.58	1.32
Income Tax	0.03	-2.89	2.44	3.25	0
Net Income	-46.5	-163.75	12.79	5.33	1.32
Net Income Growth	-	-	139.98%	303.03%	-
Shares Outstanding (Basic)	61	61	59	44	33
Shares Outstanding (Diluted)	61	61	60	46	34
Shares Change	0.61%	0.58%	30.15%	37.00%	44.34%
EPS (Basic)	-0.76	-2.69	0.22	0.12	0.04
EPS (Diluted)	-0.76	-2.69	0.21	0.11	0.04
EPS Growth	-	-	90.91%	175.00%	-
Free Cash Flow	-5.28	-0.95	-13.58	-3.61	-5.57
Free Cash Flow Per Share	-0.09	-0.02	-0.23	-0.08	-0.17
Gross Margin	27.12%	25.26%	27.99%	26.40%	27.60%
Operating Margin	-22.07%	-60.35%	3.55%	4.36%	1.99%
Profit Margin	-20.58%	-58.87%	3.03%	2.76%	1.66%
Free Cash Flow Margin	-2.34%	-0.34%	-3.21%	-1.87%	-6.99%
Effective Tax Rate	-	-	16.04%	37.89%	-
EBITDA	-29.76	-149.48	27.87	11.03	2.77
EBITDA Margin	-13.18%	-53.74%	6.60%	5.70%	3.47%
Depreciation & Amortization	16.61	17.13	12.6	2.44	1.05
EBIT	-46.37	-166.61	15.27	8.59	1.72
EBIT Margin	-20.53%	-59.90%	3.61%	4.44%	2.16%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).