GrowGeneration Corp. (GRWG)

GrowGeneration Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	27.58	29.76	40.05	41.37	177.91	12.98
Short-Term Investments	28.41	35.21	31.85	39.79	-	-
Cash & Short-Term Investments	55.99	64.97	71.91	81.17	177.91	12.98
Cash Growth	-20.67%	-9.65%	-11.41%	-54.38%	1270.72%	-11.34%
Accounts Receivable	9.66	8.9	8.34	5.74	3.9	2.95
Receivables	10.5	9.09	9.55	8.18	6.51	3.99
Inventory	60.64	64.91	77.09	105.57	54.02	21.58
Prepaid Expenses	7.28	7.97	6.46	16.12	11.13	2.55
Other Current Assets	0.18	0.52	5.68	5.86	0.66	-
Total Current Assets	134.59	147.45	170.68	216.89	250.23	41.1
Property, Plant & Equipment	63.39	66.99	75.1	67.85	19.5	10.97
Goodwill	7.53	7.53	15.98	125.4	62.95	17.8
Other Intangible Assets	12.83	16.18	30.88	48.4	20.55	0.23
Other Long-Term Assets	0.84	0.84	0.8	0.8	0.3	0.38
Total Assets	219.18	239.09	293.44	459.34	354.73	70.94
Accounts Payable	12.7	11.67	15.73	17.03	14.62	6.02
Accrued Expenses	5.87	5.88	7.55	11.41	4.49	1.61
Current Portion of Long-Term Debt	-	-	0.05	0.09	0.08	0.11
Current Portion of Leases	7.63	8.02	8.13	6.86	3	1.84
Current Unearned Revenue	3.01	5.36	4.34	11.69	5.16	2.5
Total Current Liabilities	29.22	30.93	35.79	47.08	27.35	12.08
Long-Term Debt	-	-	-	0.07	0.16	0.24
Long-Term Leases	33.87	34.45	40.66	38.55	9.48	5.81
Long-Term Deferred Tax Liabilities	-	-	-	2.36	0.75	-
Other Long-Term Liabilities	0.32	0.32	0.59	-	-	-
Total Liabilities	63.4	65.7	77.05	88.05	37.74	18.13
Common Stock	0.06	0.06	0.06	0.06	0.06	0.04
Additional Paid-In Capital	374.74	373.43	369.94	361.09	319.58	60.74
Retained Earnings	-216.71	-200.1	-153.6	10.14	-2.64	-7.97
Shareholders' Equity	155.78	173.4	216.4	371.29	317	52.81
Total Liabilities & Equity	219.18	239.09	293.44	459.34	354.73	70.94
Total Debt	41.5	42.47	48.84	45.56	12.72	8
Net Cash (Debt)	14.49	22.5	23.07	35.6	165.19	4.98
Net Cash Growth	-42.55%	-2.45%	-35.21%	-78.45%	3214.98%	-57.71%
Net Cash Per Share	0.24	0.37	0.38	0.59	3.56	0.15
Filing Date Shares Outstanding	59.17	61.5	60.99	60.7	58.46	38.14
Total Common Shares Outstanding	59.95	61.48	61.01	59.93	57.15	36.88
Working Capital	105.37	116.52	134.89	169.81	222.88	29.02
Book Value Per Share	2.60	2.82	3.55	6.20	5.55	1.43
Tangible Book Value	135.43	149.69	169.54	197.49	233.5	34.78
Tangible Book Value Per Share	2.26	2.43	2.78	3.30	4.09	0.94
Buildings	2.12	2.12	2.12	1.19	0.48	-
Machinery	16.99	16.92	15.37	13.25	7.08	4.01
Construction In Progress	0.79	-	9.57	2.95	-	-
Leasehold Improvements	11.9	11.92	12.56	9.19	1.99	0.88

Source: S&P Capital IQ. Standard template. Financial Sources.