$GROV Income Statement | Understand Stock

$GROV

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Formation and operating costs
Revenues
Revenue, net
Cost of goods sold
Gross profit
Operating expenses:
Advertising
Product development
Selling, general and administrative
Operating loss
Non-operating expenses:
Interest income earned on cash and investments held in trust account
Offering costs allocated to warrants
Change in fair value of warrant liabilities
Interest expense
Loss on extinguishment of debt
Change in fair value of Additional Shares liability
Change in fair value of Earn-Out liability
Change in fair value of Public and Private Placement Warrants liability
Changes in fair value of derivative liabilities
Other income, net
Total non-operating expenses, net

Loss before provision for income taxes
Provision for income taxes
Net loss
Basic and diluted weighted average shares outstanding
Class A Ordinary Shares
Common Class B
Basic and diluted net income per ordinary share
Less: Accretion on Series A Preferred Stock
Less: Accumulated dividends on redeemable convertible preferred stock
Net loss per share attributable to common stockholders, basic
Net loss per share attributable to common stockholders, diluted
Net loss per share attributable to common stockholders, basic (in dollars per share)
Net loss per share attributable to common stockholders, diluted (in dollars per share)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)

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