GrowGeneration Corp.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. GrowGeneration Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 19% to $225,882,000. The net income raised on -$46,496,000 and profit margin reached -21%. Total operating expenses were $111,102,000.
Profit Margin
| 2014 | 1.44M | -227.58K | -15.77% |
|---|---|---|---|
| 2015 | 3.45M | -528.75K | -15.3% |
| 2016 | 7.98M | -431.24K | -5.4% |
| 2017 | 14.36M | -2.54M | -17.7% |
| 2018 | 29.00M | -5.07M | -17.5% |
| 2019 | 79.73M | 1.48M | 1.86% |
| 2020 | 193.36M | 5.32M | 2.76% |
| 2021 | 422.48M | 12.78M | 3.03% |
| 2022 | 278.16M | -163.74M | -58.87% |
| 2023 | 225.88M | -46.49M | -20.58% |
GRWG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 225.88M | 278.16M | 422.48M | 193.36M | 79.73M | 29.00M | 14.36M | 7.98M | 3.45M | 1.44M |
Cost of revenue | 164.62M | 207.90M | 304.24M | 142.31M | 57.17M | 22.55M | 11.09M | 5.77M | 2.35M | 974.67K |
Gross profit | 61.25M | 70.26M | 118.24M | 51.04M | 22.56M | 6.44M | 3.26M | 2.20M | 1.10M | 468.16K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.8M | 4M | 4M | 996K | 737K | 0 | 264.63K | 107.74K | 51.33K | 19.42K |
Total operating expenses | 111.10M | 108.57M | 103.23M | 42.61M | 20.42M | 10.70M | 6.12M | 2.53M | 1.60M | 695.74K |
Operating income | -49.84M | -38.30M | 15.00M | 8.43M | 2.14M | -4.25M | -2.85M | -425.99K | -514.62K | -224.50K |
Other income (expenses), net | 3.38M | -128.32M | 227K | 141.68K | -261.31K | 115.87K | 307.93K | -66.82K | -10.92K | -3.08K |
Income before tax | -46.46M | -166.63M | 15.22M | 8.57M | 1.87M | -5.07M | -2.54M | -431.24K | -528.75K | -227.58K |
Income tax expense | 32K | -2.88M | 2.44M | 3.25M | 396.95K | 195.05K | 16.55K | -862.48M | -8.30K | 0 |
Net income | -46.49M | -163.74M | 12.78M | 5.32M | 1.48M | -5.07M | -2.54M | -431.24K | -528.75K | -227.58K |
Earnings per share | ||||||||||
Basic EPS | -0.76 | -2.69 | 0.22 | 0.12 | 0.04 | -0.22 | -0.18 | -0.04 | -0.04 | -0.03 |
Diluted EPS | -0.76 | -2.69 | 0.21 | 0.11 | 0.04 | -0.22 | -0.18 | -0.04 | -0.04 | -0.03 |
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