Company Quick10K Filing
GrowGeneration
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 36 $121
10-K 2020-03-27 Annual: 2019-12-31
10-Q 2019-11-12 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-04-01 Annual: 2018-12-31
10-Q 2018-11-09 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-03-27 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-31 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-19 Quarter: 2016-06-30
8-K 2020-03-11 Amend Bylaw, Exhibits
8-K 2020-02-26 Regulation FD, Exhibits
8-K 2020-01-13 Regulation FD, Exhibits
8-K 2019-12-18 Regulation FD, Exhibits
8-K 2019-12-02 Other Events, Exhibits
8-K 2019-11-11 Regulation FD, Exhibits
8-K 2019-11-04 Officers, Regulation FD, Exhibits
8-K 2019-09-05 Regulation FD, Exhibits
8-K 2019-09-03 Regulation FD, Exhibits
8-K 2019-08-08 Regulation FD, Exhibits
8-K 2019-07-10 Regulation FD, Exhibits
8-K 2019-06-26 Sale of Shares, Regulation FD, Exhibits
8-K 2019-06-21 Officers
8-K 2019-05-16 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-05-13 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2019-05-03 Regulation FD, Exhibits
8-K 2019-02-07 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2019-02-04 Regulation FD, Exhibits
8-K 2019-01-21 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-12-11 Regulation FD, Other Events, Exhibits
8-K 2018-10-23 Regulation FD, Exhibits
8-K 2018-10-16 Regulation FD, Exhibits
8-K 2018-09-14 Enter Agreement, M&A, Exhibits
8-K 2018-09-11 Regulation FD, Exhibits
8-K 2018-08-28 Regulation FD, Exhibits
8-K 2018-08-14 Regulation FD, Exhibits
8-K 2018-07-13 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-05-16 Regulation FD, Exhibits
8-K 2018-05-09 Sale of Shares, Regulation FD, Exhibits
8-K 2018-04-20 Shareholder Vote, Regulation FD, Exhibits
8-K 2018-04-12 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-04-09 Regulation FD, Exhibits
8-K 2018-03-12 Regulation FD, Exhibits
8-K 2018-01-30 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-01-23 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-01-16 Officers, Regulation FD, Exhibits
8-K 2018-01-08 Sale of Shares, Regulation FD, Exhibits

GrowGeneration Financials

GRWG Metrics, Comps, Filings

Annual | Quarterly

Business

GrowGeneration Corp. (together with all of its wholly-owned subsidiaries, collectively “GrowGeneration” the “Company”) was incorporated in Colorado in 2014 to build a national chain of hydroponic equipment and supply garden centers in the U.S. Today, GrowGeneration is a leading marketer and distributor of nutrients, growing media, advanced indoor garden, lighting and ventilation systems and accessories for hydroponic gardening. As of December 31, 2018, we have grown into a chain of eighteen (18) retail hydroponic/garden centers, in 7 states, with five (5) located in Colorado, six (6) in California, one (1) in Nevada, one (1) in the Washington, one (1) in Rhode Island, one (1) in Oklahoma and three (3) in Michigan. In the first quarter of 2019, we acquired three (3) new hydroponic stores, one each in California, Colorado and Nevada and we opened new stores in Oklahoma and Maine. In addition, during the first quarter of 2019, we consolidated two stores both in California and Colorado. GrowGeneration expansion plan includes both acquiring existing hydroponic operations, as well as opening up garden centers in selected markets. Our 21 garden stores have been owned and operated through 7 wholly owned subsidiaries.

GrowGeneration is one of the largest retailers of hydroponic products in the United States and is engaged in the business of marketing and distributing horticultural, organics, lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies and hand tools.

-GrowGeneration is also actively seeking to either acquire or establishment private labeled products, which would be sold through GrowGeneration garden centers under brands owned or controlled by the Company. In this regard, the Company acquired a variety of trademarks in March 2019 to bolsters its ability to supply branded ‘house' products to our customers. From trellis netting, to plastic pots, to organic nutrients, GrowGeneration expects to roll out a complete line of private labeled products to offer our customers at great prices, which is expected to have a positive impact on margins and profitability in the near term.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Gastar Exploration (GST) 129,171 0% -45.1 -24% 335,253 447,533 82,913 0 -81,839 -10,744 484,737
Contango Ore (CTGO) 128,732 -16.5 -96% 7,639 407 0 0 -7,322 -7,322 121,121
Emmaus Life Sciences (EMMA) 128,334 96% -5.7 -66% 70,735 95,363 12,760 12,198 -46,927 -28,944 165,192
Imprimis Pharmaceuticals (IMMY) 62,078 77% -27.3 -14% 28,289 23,836 29,988 23,163 -4,097 -2,510 68,431
Invesco CurrencyShares British Pound Sterling Trust (FXB) 155,714 0% -5.1 -0% 155,390 51 484 0 -73 -73 369
Invesco DB Base Metals Fund (DBB) 117,360 -27.0 -3% 129,674 11,075 0 0 -4,521 -4,348 117,360
SWK Holdings (SWKH) 167,159 0% 9.7 6% 247,535 19,907 21,396 0 15,043 16,831 162,673
RenovaCare (RCAR) 126,661 -51.9 -16% 13,627 483 0 0 -2,183 -2,183 113,287
WMIH (WMIH) 126,089 0% -1.9 -2% 18,478,000 16,711,000 1,519,000 0 -325,000 267,000 -515,911
Invesco DB Precious Metals Fund (DBP) 133,440 10.1 10% 133,936 3,438 0 0 13,252 13,252 133,440
Exicure (XCUR) 212,785 0% -7.2 -29% 73,806 8,854 992 0 -21,077 -20,488 147,392
Music of Your Life (MYLI) 346 0% -0.7 -2,934% 35 6,865 3 0 -1,020 -545 355
Nemus Bioscience (NMUS) 108,999 -34.9 -220% 1,725 18,127 0 0 -3,800 -3,087 107,675
Coastway Bancorp (CWAY) 122,160 6.2 0% 834,904 761,474 0 0 3,067 11,692 72,076
SteadyMed (STDY) 121,680 0% -6.0 -61% 27,830 23,512 430 0 -16,924 -16,656 100,551
Amplify Energy (AMPY) 121,564 0% 2.7 9% 722,684 317,597 285,911 0 63,813 101,197 277,537
GrowGeneration (GRWG) 182,705 29% 57.2 3% 68,417 15,626 54,349 16,008 2,341 2,923 167,194
Bright Mountain Media (BMTM) 132,589 27% -40.9 -12% 28,364 7,229 3,915 1,041 -3,451 -3,224 132,001
Security Federal (SFDL) 111,925 5.4 1% 991,261 898,959 0 0 7,742 18,302 98,131
F&M Bank (FMBM) 102,135 16.1 0% 813,237 722,344 0 0 2,734 8,653 139,285

Balance Sheet ($'000)2016-12-312017-12-312018-12-312019-12-31
Cash6071,21514,6400
Accounts Receivable3916548620
Inventory2,5744,5858,8690
PP&E5501,2591,8210
Assets4,4439,25435,8930
Accounts Payable5361,0681,8190
Long-Term Debt651248120
Liabilities8851,6765,8340
Stockholders' Equity3,5587,57930,0590
Income Statement ($'000)2016-12-312017-12-312018-12-312019-12-31
Revenue7,98014,36429,0010
Cost of Revenue5,77611,09422,5560
Gross Profit2,2043,2706,4450
R&D0
SG&A1081,2871,8730
Tax0000
Net Income-431-2,543-5,0740
Cash Flow ($'000)2016-12-312017-12-312018-12-312019-12-31
Cash Operating-1,471-3,406-1,5410
Cash Investing-332-1,179-6,3670
Cash Financing1,7105,19421,3330