Financial Snapshot

Revenue
$213.8M
TTM
Gross Margin
54.21%
TTM
Net Earnings
-$24.40M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
206.74%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$26.36M
Q3 2024
Cash
Q3 2024
P/E
-2.547
Nov 29, 2024 EST
Free Cash Flow
-$10.90M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $259.3M $321.5M $0.00 $0.00 $233.1M
YoY Change -19.36% -100.0% 122.17%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $259.3M $321.5M $0.00 $0.00 $233.1M
Cost Of Revenue $121.9M $166.9M $195.2M $188.3M $149.7M
Gross Profit $137.4M $154.7M $188.5M $176.0M $83.44M
Gross Profit Margin 52.98% 48.1% 35.79%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $156.2M $206.9M $294.0M $223.8M $233.0M
YoY Change -24.48% -29.63% 31.32% -3.93% 108.82%
% of Gross Profit 113.73% 133.76% 155.94% 127.18% 279.26%
Research & Development $16.40M $22.50M $23.41M $18.66M $13.60M
YoY Change -27.12% -3.87% 25.48% 37.13% 143.76%
% of Gross Profit 11.94% 14.55% 12.42% 10.6% 16.3%
Depreciation & Amortization $5.824M $5.716M $4.992M $4.115M $2.361M
YoY Change 1.89% 14.5% 21.31% 74.29%
% of Gross Profit 4.24% 3.7% 2.65% 2.34% 2.83%
Operating Expenses $172.6M $229.4M $3.573M $242.5M $246.6M
YoY Change -24.74% 6319.8% -98.53% -1.67% 110.48%
Operating Profit -$35.26M -$141.0M $184.9M -$66.49M -$163.2M
YoY Change -74.99% -176.24% -378.12% -59.25% 102.1%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$15.86M $9.685M $6.842M -$5.607M -$2.052M
YoY Change -263.77% 41.56% -222.02% 173.25% 231.5%
% of Operating Profit 3.7%
Other Income/Expense, Net $7.930M $53.32M -$570.5K -$119.0K $1.063M
YoY Change -85.13% -9446.54% 379.41% -111.19% -413.57%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$43.19M -$87.66M $2.698M -$72.22M -$161.5M
YoY Change -50.73% -3348.66% -103.74% -55.27% 97.64%
Income Tax $38.00K $54.00K $52.00K $41.00K $12.00K
% Of Pretax Income 1.93%
Net Earnings -$44.42M -$87.72M $2.698M -$72.26M -$161.5M
YoY Change -49.36% -3350.67% -103.73% -55.25% 97.65%
Net Earnings / Revenue -17.13% -27.28% -69.27%
Basic Earnings Per Share -$1.28 -$0.97 -$15.86 -$13.45
Diluted Earnings Per Share -$1.28 -$0.97 $63.09K -$443.8K -$991.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $86.41M $81.08M $507.2K $176.5M
YoY Change 6.57% 15885.65% -99.71%
Cash & Equivalents $86.41M $81.08M $78.38M $176.5M
Short-Term Investments
Other Short-Term Assets $9.009M $16.79M $629.1K $4.828M
YoY Change -46.36% 2569.49% -86.97%
Inventory $28.78M $44.13M $54.45M $46.58M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $124.2M $142.0M $1.136M $227.9M
YoY Change -12.54% 12397.14% -99.5%
Property, Plant & Equipment $21.24M $26.89M $37.15M $39.33M
YoY Change -21.03% -27.6% -5.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.309M $5.143M $402.7M $2.453M
YoY Change 3.23% -98.72% 16315.49%
Total Long-Term Assets $26.55M $32.04M $402.7M $41.79M
YoY Change -17.13% -92.04% 863.63%
Total Assets $150.7M $174.0M $403.8M $269.7M
YoY Change
Accounts Payable $8.074M $10.71M $21.35M $23.81M
YoY Change -24.63% -49.82% -10.36%
Accrued Expenses $19.51M $35.06M $2.419M $22.77M
YoY Change -44.35% 1349.13% -89.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $1.000M $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $575.0K $10.75M $1.918M
YoY Change -100.0% -94.65% 460.48%
Total Short-Term Liabilities $35.04M $57.47M $3.421M $63.14M
YoY Change -39.03% 1580.01% -94.58%
Long-Term Debt $71.66M $60.62M $0.00 $29.78M
YoY Change 18.22% -100.0%
Other Long-Term Liabilities $25.92M $29.42M $27.43M $28.52M
YoY Change -11.91% 7.26% -3.83%
Total Long-Term Liabilities $97.58M $90.04M $27.43M $58.30M
YoY Change 8.37% 228.28% -52.96%
Total Liabilities $132.6M $147.5M $30.85M $121.4M
YoY Change -10.1% 378.18% -74.6%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 34.80M shares 90.51M shares 8.571M shares 5.373M shares
Diluted Shares Outstanding 34.80M shares 90.51M shares 8.571M shares 5.373M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $62.153 Million

About Grove Collaborative Holdings, Inc.

Grove Collaborative Holdings, Inc. engages in the development and sale of household, personal care, beauty, and other consumer products. The company is headquartered in San Francisco, California and currently employs 408 full-time employees. The company went IPO on 2021-03-23. The firm use its connection with consumers to create and curate authentic, disruptive brands and products. The company creates and curates more than 200 high-performing eco-friendly brands of household cleaning, personal care, laundry, clean beauty, baby and pet care products serving millions of households across the United States. Its omnichannel distribution strategy enables it to reach consumers where they want to shop. The company operates an online direct-to-consumer Website and mobile application (DTC platform) where it both sell its Grove-owned brands (Grove Brands) and partners with other natural and mission-based consumer packaged goods (CPG) brands, providing consumers the selection of curated products across many categories and brands. Its flagship brand is The Grove Co. Its incubator brand portfolio includes Peach, Rooted Beauty, Superbloom and Honu. The firm also offers third-party brands.

Industry: Retail-Catalog & Mail-Order Houses Peers: AMAZON COM INC 1 800 FLOWERS COM INC Bark, Inc. ContextLogic Inc. Newegg Commerce, Inc. Qurate Retail, Inc. LIQUIDITY SERVICES INC BEYOND, INC. PETMED EXPRESS INC Stitch Fix, Inc.