GrowGeneration Historical Income Statement
| GRWG Stock | USD 2.69 0.15 5.91% |
Historical analysis of GrowGeneration Corp income statement accounts such as Total Revenue of 138.1 M or Gross Profit of 35.2 M can show how well GrowGeneration Corp performed in making a profits. Evaluating GrowGeneration Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of GrowGeneration Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining GrowGeneration Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether GrowGeneration Corp is a good buy for the upcoming year.
GrowGeneration |
About GrowGeneration Income Statement Analysis
GrowGeneration Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to GrowGeneration Corp shareholders. The income statement also shows GrowGeneration investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
GrowGeneration Corp Income Statement Chart
GrowGeneration Corp Income Statement is one of the three primary financial statements used for reporting GrowGeneration's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GrowGeneration Corp revenue and expense. GrowGeneration Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GrowGeneration Corp's Income Tax Expense is most likely to increase significantly in the upcoming years. The GrowGeneration Corp's current Depreciation And Amortization is estimated to increase to about 17.4 M, while Gross Profit is projected to decrease to roughly 35.2 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts GrowGeneration Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of GrowGeneration Corp minus its cost of goods sold. It is profit before GrowGeneration Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of GrowGeneration Corp. It is also known as GrowGeneration Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from GrowGeneration Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into GrowGeneration Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.At this time, GrowGeneration Corp's Income Tax Expense is most likely to increase significantly in the upcoming years. The GrowGeneration Corp's current Depreciation And Amortization is estimated to increase to about 17.4 M, while Gross Profit is projected to decrease to roughly 35.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 118.2M | 70.3M | 44.7M | 35.2M | Total Revenue | 422.5M | 278.2M | 225.9M | 138.1M |
GrowGeneration Corp income statement Correlations
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GrowGeneration Corp Account Relationship Matchups
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GrowGeneration Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 401.5K | 14.1K | 43K | 21K | 97K | 177.5K | |
| Selling General Administrative | 9.3M | 21.5M | 36.9M | 32.8M | 71.6M | 75.1M | |
| Total Revenue | 79.7M | 193.4M | 422.5M | 278.2M | 225.9M | 138.1M | |
| Gross Profit | 22.6M | 51.0M | 118.2M | 70.3M | 44.7M | 35.2M | |
| Other Operating Expenses | 77.6M | 184.9M | 407.5M | 316.5M | 254.6M | 143.4M | |
| Operating Income | 2.1M | 8.4M | 15.0M | (38.3M) | (28.7M) | (27.3M) | |
| Net Income From Continuing Ops | 1.9M | 5.3M | 12.8M | (163.7M) | (34.2M) | (32.5M) | |
| Ebit | 2.1M | 8.4M | 15.0M | (38.3M) | (28.7M) | (27.3M) | |
| Cost Of Revenue | 57.2M | 142.3M | 304.2M | 207.9M | 181.2M | 102.9M | |
| Total Operating Expenses | 20.4M | 42.6M | 103.2M | 108.6M | 73.4M | 40.8M | |
| Income Before Tax | 1.9M | 8.6M | 15.2M | (166.6M) | (46.5M) | (44.1M) | |
| Total Other Income Expense Net | (261.3K) | 141.7K | 227K | (128.3M) | (17.8M) | (18.6M) | |
| Net Income Applicable To Common Shares | 1.9M | 5.3M | 12.8M | (163.7M) | (147.4M) | (140.0M) | |
| Net Income | 1.5M | 5.3M | 12.8M | (163.7M) | (46.5M) | (44.2M) | |
| Income Tax Expense | 397.0K | 3.3M | 2.4M | (2.9M) | 32K | 33.6K | |
| Interest Income | 144.7K | 43.9K | 486K | 580K | 390K | 213.4K | |
| Depreciation And Amortization | 1.2M | 2.6M | 12.9M | 18.4M | 16.6M | 17.4M | |
| Ebitda | 3.3M | 11.0M | 27.9M | (19.9M) | (12.1M) | (11.5M) | |
| Net Interest Income | (256.8K) | 29.9K | 443K | 559K | 379K | 398.0K | |
| Reconciled Depreciation | 1.0M | 2.4M | 12.6M | 17.1M | 16.4M | 17.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GrowGeneration Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GrowGeneration Corp's short interest history, or implied volatility extrapolated from GrowGeneration Corp options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for GrowGeneration Stock analysis
When running GrowGeneration Corp's price analysis, check to measure GrowGeneration Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GrowGeneration Corp is operating at the current time. Most of GrowGeneration Corp's value examination focuses on studying past and present price action to predict the probability of GrowGeneration Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GrowGeneration Corp's price. Additionally, you may evaluate how the addition of GrowGeneration Corp to your portfolios can decrease your overall portfolio volatility.
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Is GrowGeneration Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GrowGeneration Corp. If investors know GrowGeneration will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GrowGeneration Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Earnings Share (0.76) | Revenue Per Share 3.692 | Quarterly Revenue Growth (0.09) | Return On Assets (0.08) |
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GrowGeneration Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.