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GRWG

Growgeneration Corp

$2.58

Earnings Summary

Revenue
$47.89Mn
Net Profits
$-8.84Mn
Net Profit Margins
-18.45%

Highlights

Revenue:

Growgeneration Corp’s revenue fell -15.73% since last year same period to $47.89Mn in the Q1 2024. On a quarterly growth basis, Growgeneration Corp has generated -3.16% fall in its revenue since last 3-months.

Net Profits:

Growgeneration Corp’s net profit fell -96.12% since last year same period to $-8.84Mn in the Q1 2024. On a quarterly growth basis, Growgeneration Corp has generated 67.65% jump in its net profits since last 3-months.

Net Profit Margins:

Growgeneration Corp’s net profit margin fell -132.72% since last year same period to -18.45% in the Q1 2024. On a quarterly growth basis, Growgeneration Corp has generated 66.59% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Growgeneration Corp post its latest quarter earnings

EPS Estimate Current Quarter
-0.08
EPS Estimate Current Year
-0.08

Highlights

EPS Estimate Current Quarter:

Growgeneration Corp’s earning per share (EPS) estimates for the current quarter stand at -0.08 - a 27.27% jump from last quarter’s estimates.

EPS Estimate Current Year:

Growgeneration Corp’s earning per share (EPS) estimates for the current year stand at -0.08.

Key Ratios

Key ratios of the Growgeneration Corp post its Q1 2024 earnings

Earning Per Share (EPS)
-0.14
Return on Assets (ROA)
-0.09
Return on Equity (ROE)
-0.26

Highlights

Earning Per Share (EPS):

Growgeneration Corp’s earning per share (EPS) fell -40% since last year same period to -0.14 in the Q1 2024. This indicates that the Growgeneration Corp has generated -40% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Growgeneration Corp’s return on assets (ROA) stands at -0.09.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Growgeneration Corp’s return on equity (ROE) stands at -0.26.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
-0.11
-0.14
-27.27%

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