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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	27.44	29.76	40.05	41.37	177.91	12.98
Short-Term Investments	27.79	35.21	31.85	39.79	-	-
Cash & Short-Term Investments	55.22	64.97	71.91	81.17	177.91	12.98
Cash Growth	-17.10%	-9.65%	-11.41%	-54.38%	1270.72%	-11.34%
Accounts Receivable	10.32	8.9	8.34	5.74	3.9	2.95
Receivables	11.43	9.09	9.55	8.18	6.51	3.99
Inventory	48.03	64.91	77.09	105.57	54.02	21.58
Prepaid Expenses	7.69	7.97	6.46	16.12	11.13	2.55
Other Current Assets	0.2	0.52	5.68	5.86	0.66	-
Total Current Assets	122.57	147.45	170.68	216.89	250.23	41.1
Property, Plant & Equipment	57.57	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	11.15	16.18	30.88	48.4	20.55	0.23
Other Long-Term Assets	0.82	0.84	0.8	0.8	0.3	0.38
Total Assets	199.64	239.09	293.44	459.34	354.73	70.94
Accounts Payable	8.18	11.67	15.73	17.03	14.62	6.02
Accrued Expenses	6.2	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	7.52	8.02	8.13	6.86	3	1.84
Current Unearned Revenue	2.63	5.36	4.34	11.69	5.16	2.5
Total Current Liabilities	24.54	30.93	35.79	47.08	27.35	12.08
Long-Term Debt	-	-	-	0.07	0.16	0.24
Long-Term Leases	31.62	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	56.47	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	375.41	373.43	369.94	361.09	319.58	60.74
Retained Earnings	-232.3	-200.1	-153.6	10.14	-2.64	-7.97
Shareholders' Equity	143.17	173.4	216.4	371.29	317	52.81
Total Liabilities & Equity	199.64	239.09	293.44	459.34	354.73	70.94
Total Debt	39.14	42.47	48.84	45.56	12.72	8
Net Cash (Debt)	16.08	22.5	23.07	35.6	165.19	4.98
Net Cash Growth	-26.43%	-2.45%	-35.21%	-78.45%	3214.98%	-57.71%
Net Cash Per Share	0.26	0.37	0.38	0.59	3.56	0.15
Filing Date Shares Outstanding	59.24	61.5	60.99	60.7	58.46	38.14
Total Common Shares Outstanding	59.24	61.48	61.01	59.93	57.15	36.88
Working Capital	98.03	116.52	134.89	169.81	222.88	29.02
Book Value Per Share	2.42	2.82	3.55	6.20	5.55	1.43
Tangible Book Value	124.49	149.69	169.54	197.49	233.5	34.78
Tangible Book Value Per Share	2.10	2.43	2.78	3.30	4.09	0.94
Buildings	2.12	2.12	2.12	1.19	0.48	-
Machinery	15.58	16.92	15.37	13.25	7.08	4.01
Construction In Progress	0.47	-	9.57	2.95	-	-
Leasehold Improvements	12.05	11.92	12.56	9.19	1.99	0.88

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