Company Quick10K Filing
GrowGeneration
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 36 $121
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 2020-01-13 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 -14.4 -95% 8,762 419 0 0 -8,356 -8,356 120,131
Emmaus Life Sciences (EMMA) 128,334 147% -4.0 -93% 70,735 95,363 12,760 18,774 -65,951 -41,393 165,192
Imprimis Pharmaceuticals (IMMY) 127,877 64% 5.2 38% 65,157 30,159 47,929 30,513 24,596 26,293 137,182
Invesco CurrencyShares British Pound Sterling Trust (FXB) 127,100 0% 45.8 -0% 135,811 12,387 395 0 -189 -189 -8,672
Invesco DB Base Metals Fund (DBB) 126,936 -4.4 -21% 142,607 15,474 0 0 -29,378 -28,665 126,936
SWK Holdings (SWKH) 126,479 0% 10.2 4% 224,668 1,333 20,933 0 9,769 9,680 99,106
RenovaCare (RCAR) 126,405 -55.0 -14% 14,619 358 0 0 -2,074 -2,039 112,132
WMIH (WMIH) 124,744 0% -0.2 9% 18,405,000 16,727,000 1,582,807 0 1,636,583 2,336,583 -424,256
Invesco DB Precious Metals Fund (DBP) 124,380 18.8 6% 116,466 72 0 0 6,613 6,613 124,380
Exicure (XCUR) 124,235 0% -5.6 -102% 20,256 8,865 522 0 -20,585 -19,854 112,059
Music of Your Life (MYLI) 123,094 0% -158.3 -1,698% 60 1,212 3 0 -1,024 -777 123,069
Nemus Bioscience (NMUS) 122,912 -18.0 -233% 3,080 14,721 0 0 -7,188 -6,684 120,099
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% 2.4 9% 722,684 317,597 285,911 0 63,813 113,599 277,537
GrowGeneration (GRWG) 120,555 26% -76.4 -3% 59,553 12,663 50,038 13,033 -1,898 -1,351 103,279
Bright Mountain Media (BMTM) 114,377 15% -24.3 -95% 4,993 1,606 1,869 274 -4,755 -4,708 114,179
Security Federal (SFDL) 111,907 5.6 1% 973,413 884,276 0 0 7,631 18,079 100,888
F&M Bank (FMBM) 111,186 8.7 1% 806,949 714,874 0 0 8,346 16,557 144,671

Balance Sheet ($'000)2016-12-312017-12-312018-12-31
Cash6071,21514,640
Accounts Receivable391654862
Inventory2,5744,5858,869
PP&E5501,2591,821
Assets4,4439,25435,893
Accounts Payable5361,0681,819
Long-Term Debt65124812
Liabilities8851,6765,834
Stockholders' Equity3,5587,57930,059
Income Statement ($'000)2016-12-312017-12-312018-12-31
Revenue7,98014,36429,001
Cost of Revenue5,77611,09422,556
Gross Profit2,2043,2706,445
R&D
SG&A1081,2871,873
Tax000
Net Income-431-2,543-5,074
Cash Flow ($'000)2016-12-312017-12-312018-12-31
Cash Operating-1,471-3,406-1,541
Cash Investing-332-1,179-6,367
Cash Financing1,7105,19421,333