GrowGeneration Corp. (GRWG)

GrowGeneration Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.74	27.47	29.76	40.05	41.37	177.91
Short-Term Investments	19.84	28.98	35.21	31.85	39.79	-
Cash & Short-Term Investments	52.58	56.46	64.97	71.91	81.17	177.91
Cash Growth	-14.27%	-13.11%	-9.65%	-11.41%	-54.38%	1270.72%
Accounts Receivable	6.94	7.36	8.9	8.34	5.74	3.9
Receivables	7.99	8.42	9.09	9.55	8.18	6.51
Inventory	42.13	40.3	64.91	77.09	105.57	54.02
Prepaid Expenses	6.29	7.9	7.97	6.46	16.12	11.13
Other Current Assets	0.18	0.15	0.52	5.68	5.86	0.66
Total Current Assets	109.16	113.21	147.45	170.68	216.89	250.23
Property, Plant & Equipment	45.45	49.95	66.99	75.1	67.85	19.5
Goodwill	1.61	1.61	7.53	15.98	125.4	62.95
Other Intangible Assets	7.24	8.78	16.18	30.88	48.4	20.55
Other Long-Term Assets	0.78	0.81	0.84	0.8	0.8	0.3
Total Assets	164.23	174.35	239.09	293.44	459.34	354.73
Accounts Payable	9.96	8.15	11.67	15.73	17.03	14.62
Accrued Expenses	5.58	6.33	5.88	7.55	11.41	4.49
Current Portion of Long-Term Debt	-	-	-	0.05	0.09	0.08
Current Portion of Leases	7.02	7.4	8.02	8.13	6.86	3
Current Unearned Revenue	2.35	2.4	5.36	4.34	11.69	5.16
Total Current Liabilities	24.91	24.27	30.93	35.79	47.08	27.35
Long-Term Debt	-	-	-	-	0.07	0.16
Long-Term Leases	27.81	29.63	34.45	40.66	38.55	9.48
Long-Term Deferred Tax Liabilities	-	-	-	-	2.36	0.75
Other Long-Term Liabilities	0.35	0.35	0.32	0.59	-	-
Total Liabilities	53.07	54.26	65.7	77.05	88.05	37.74
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	376.12	375.68	373.43	369.94	361.09	319.58
Retained Earnings	-265.02	-255.64	-200.1	-153.6	10.14	-2.64
Shareholders' Equity	111.16	120.09	173.4	216.4	371.29	317
Total Liabilities & Equity	164.23	174.35	239.09	293.44	459.34	354.73
Total Debt	34.83	37.03	42.47	48.84	45.56	12.72
Net Cash (Debt)	17.75	19.42	22.5	23.07	35.6	165.19
Net Cash Growth	-3.06%	-13.67%	-2.45%	-35.21%	-78.45%	3214.98%
Net Cash Per Share	0.30	0.32	0.37	0.38	0.59	3.56
Filing Date Shares Outstanding	59.5	59.46	61.5	60.99	60.7	58.46
Total Common Shares Outstanding	59.49	59.4	61.48	61.01	59.93	57.15
Working Capital	84.25	88.93	116.52	134.89	169.81	222.88
Book Value Per Share	1.87	2.02	2.82	3.55	6.20	5.55
Tangible Book Value	102.31	109.71	149.69	169.54	197.49	233.5
Tangible Book Value Per Share	1.72	1.85	2.43	2.78	3.30	4.09
Buildings	2.12	2.12	2.12	2.12	1.19	0.48
Machinery	15.5	15.6	16.92	15.37	13.25	7.08
Construction In Progress	0.03	0.05	-	9.57	2.95	-
Leasehold Improvements	10.37	12.09	11.92	12.56	9.19	1.99

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q