GROV: Grove Collaborative Holdings Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Grove Collaborative Holdings Inc (GROV).
$54.70M Market Cap.
GROV Market Cap. (MRY)
GROV Shares Outstanding (MRY)
GROV Assets (MRY)
Total Assets
$65.01M
Total Liabilities
$48.79M
Total Investments
$0
GROV Income (MRY)
Revenue
$203.43M
Net Income
-$27.42M
Operating Expense
$131.90M
GROV Cash Flow (MRY)
CF Operations
-$9.75M
CF Investing
-$1.62M
CF Financing
-$59.19M
GROV Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $65,010,000 (-56.87%) | $150,742,000 (-13.39%) | $174,045,000 (-4.62%) | $182,473,000 (-32.35%) |
Assets Current | $44,941,000 (-63.81%) | $124,196,000 (-12.54%) | $142,010,000 (0.76%) | $140,933,000 (-38.17%) |
Assets Non-Current | $20,069,000 (-24.40%) | $26,546,000 (-17.13%) | $32,035,000 (-22.88%) | $41,540,000 (-0.59%) |
Goodwill & Intangible Assets | $712,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | -$8,549,000 (-205.26%) | $8,122,000 (-69.39%) | $26,533,000 (105.82%) | -$456,279,000 (-34.34%) |
Property Plant & Equipment Net | $16,209,000 (-23.68%) | $21,237,000 (-21.03%) | $26,892,000 (-27.60%) | $37,146,000 (-5.56%) |
Cash & Equivalents | $23,302,000 (-75.44%) | $94,863,000 (-1.17%) | $95,985,000 (22.47%) | $78,376,000 (-55.60%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $6,340,000 (-11.38%) | $7,154,000 (-34.23%) | $10,878,000 (-3.45%) | $11,267,000 (1.33%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $19,351,000 (-32.75%) | $28,776,000 (-34.80%) | $44,132,000 (-18.95%) | $54,453,000 (16.90%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $6,800,000 (-15.78%) | $8,074,000 (-24.63%) | $10,712,000 (-49.82%) | $21,346,000 (-10.36%) |
Accumulated Retained Earnings (Deficit) | -$648,513,000 (-4.42%) | -$621,090,000 (-7.48%) | -$577,858,000 (-17.90%) | -$490,143,000 (-38.36%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $22,085,000 (-75.34%) | $89,555,000 (10.44%) | $81,092,000 (-10.41%) | $90,512,000 (55.43%) |
Debt Current | $1,636,000 (-53.11%) | $3,489,000 (-18.48%) | $4,280,000 (-70.07%) | $14,300,000 (193.45%) |
Debt Non-Current | $20,449,000 (-76.24%) | $86,066,000 (12.05%) | $76,812,000 (0.79%) | $76,212,000 (42.82%) |
Total Liabilities | $48,787,000 (-63.21%) | $132,620,000 (-10.10%) | $147,512,000 (-2.20%) | $150,834,000 (24.20%) |
Liabilities Current | $27,064,000 (-22.77%) | $35,043,000 (-39.03%) | $57,473,000 (-16.96%) | $69,214,000 (9.62%) |
Liabilities Non-Current | $21,723,000 (-77.74%) | $97,577,000 (8.37%) | $90,039,000 (10.31%) | $81,620,000 (39.99%) |
GROV Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $203,425,000 (-21.54%) | $259,278,000 (-19.36%) | $321,527,000 (-16.20%) | $383,685,000 (5.33%) |
Cost of Revenue | $94,077,000 (-22.84%) | $121,919,000 (-26.94%) | $166,875,000 (-14.50%) | $195,181,000 (3.67%) |
Selling General & Administrative Expense | $113,439,000 (-27.39%) | $156,221,000 (-42.80%) | $273,132,000 (-7.08%) | $293,951,000 (31.32%) |
Research & Development Expense | $18,456,000 (12.53%) | $16,401,000 (-27.12%) | $22,503,000 (-3.87%) | $23,408,000 (25.48%) |
Operating Expenses | $131,895,000 (-23.59%) | $172,622,000 (-41.61%) | $295,635,000 (-6.85%) | $317,359,000 (30.81%) |
Interest Expense | $12,777,000 (-20.53%) | $16,077,000 (66.00%) | $9,685,000 (86.18%) | $5,202,000 (-7.22%) |
Income Tax Expense | $40,000 (5.26%) | $38,000 (-29.63%) | $54,000 (3.85%) | $52,000 (26.83%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$27,423,000 (36.57%) | -$43,232,000 (50.71%) | -$87,715,000 (35.45%) | -$135,896,000 (-88.07%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$27,423,000 (36.57%) | -$43,232,000 (50.71%) | -$87,715,000 (35.45%) | -$135,896,000 (-88.07%) |
Preferred Dividends Income Statement Impact | $849,000 (-28.66%) | $1,190,000 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$28,272,000 (36.36%) | -$44,422,000 (49.36%) | -$87,715,000 (35.45%) | -$135,896,000 (-88.07%) |
Weighted Average Shares | $37,040,375 (6.45%) | $34,797,582 (92.24%) | $18,101,407 (955.95%) | $1,714,230 (59.53%) |
Weighted Average Shares Diluted | $37,040,375 (6.45%) | $34,797,582 (92.24%) | $18,101,407 (955.95%) | $1,714,230 (59.53%) |
Earning Before Interest & Taxes (EBIT) | -$14,606,000 (46.14%) | -$27,117,000 (65.22%) | -$77,976,000 (40.31%) | -$130,642,000 (-96.12%) |
Gross Profit | $109,348,000 (-20.39%) | $137,359,000 (-11.18%) | $154,652,000 (-17.96%) | $188,504,000 (7.10%) |
Operating Income | -$22,547,000 (36.06%) | -$35,263,000 (74.99%) | -$140,983,000 (-9.41%) | -$128,855,000 (-93.44%) |
GROV Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$1,621,000 (45.70%) | -$2,985,000 (29.30%) | -$4,222,000 (26.80%) | -$5,768,000 (-19.67%) |
Net Cash Flow from Financing | -$59,189,000 (-700.54%) | $9,856,000 (-91.65%) | $118,092,000 (240.22%) | $34,710,000 (-84.79%) |
Net Cash Flow from Operations | -$9,749,000 (-21.97%) | -$7,993,000 (91.70%) | -$96,261,000 (24.26%) | -$127,089,000 (-51.92%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$70,559,000 (-6188.68%) | -$1,122,000 (-106.37%) | $17,609,000 (117.94%) | -$98,147,000 (-170.26%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$1,621,000 (45.70%) | -$2,985,000 (29.30%) | -$4,222,000 (26.80%) | -$5,768,000 (-19.67%) |
Issuance (Repayment) of Debt Securities | -$72,673,000 (-1311.22%) | $6,000,000 (310.01%) | -$2,857,000 (-108.12%) | $35,194,000 (247.90%) |
Issuance (Purchase) of Equity Shares | -$1,003,000 (36.88%) | -$1,589,000 (-101.59%) | $100,007,000 (10865.68%) | $912,000 (-72.06%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $11,995,000 (-22.68%) | $15,513,000 (-66.02%) | $45,660,000 (212.53%) | $14,610,000 (88.22%) |
Depreciation Amortization & Accretion | $9,821,000 (68.63%) | $5,824,000 (1.89%) | $5,716,000 (14.50%) | $4,992,000 (21.31%) |
GROV Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 53.80% (1.51%) | 53.00% (10.19%) | 48.10% (-2.04%) | 49.10% (1.66%) |
Profit Margin | -13.90% (18.71%) | -17.10% (37.36%) | -27.30% (22.88%) | -35.40% (-78.79%) |
EBITDA Margin | -2.40% (70.73%) | -8.20% (63.56%) | -22.50% (31.19%) | -32.70% (-90.12%) |
Return on Average Equity (ROAE) | -9657.40% (-3761.42%) | -250.10% (-712.99%) | 40.80% (-64.43%) | 114.70% |
Return on Average Assets (ROAA) | -25.70% (8.21%) | -28.00% (43.09%) | -49.20% (-21.48%) | -40.50% |
Return on Sales (ROS) | -7.20% (31.43%) | -10.50% (56.79%) | -24.30% (28.53%) | -34.00% (-85.79%) |
Return on Invested Capital (ROIC) | -19.20% (16.52%) | -23.00% (66.52%) | -68.70% (-68.38%) | -40.80% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -1.83 (-32.25%) | -1.38 (-236.50%) | -0.41 (33.92%) | -0.62 |
Price to Sales Ratio (P/S) | 0.25 (6.30%) | 0.24 (112.50%) | 0.11 (-49.09%) | 0.22 |
Price to Book Ratio (P/B) | -6.4 (-178.40%) | 8.16 (225.01%) | 2.51 (330.79%) | -1.09 |
Debt to Equity Ratio (D/E) | -5.71 (-134.95%) | 16.33 (193.67%) | 5.56 (1779.76%) | -0.33 (7.54%) |
Earnings Per Share (EPS) | -0.76 (40.63%) | -1.28 (73.61%) | -4.85 (93.88%) | -79.28 (-17.89%) |
Sales Per Share (SPS) | 5.49 (-26.29%) | 7.45 (-58.05%) | 17.76 (-92.06%) | 223.82 (-33.97%) |
Free Cash Flow Per Share (FCFPS) | -0.31 (2.54%) | -0.32 (94.33%) | -5.55 (92.84%) | -77.5 (5.87%) |
Book Value Per Share (BVPS) | -0.23 (-199.14%) | 0.23 (-84.11%) | 1.47 (100.55%) | -266.17 (15.79%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.74 (-59.93%) | 4.33 (-54.95%) | 9.62 (-90.97%) | 106.45 (-57.59%) |
Enterprise Value Over EBIT (EV/EBIT) | -3 (-50.00%) | -2 (-100.00%) | -1 (75.00%) | -4 |
Enterprise Value Over EBITDA (EV/EBITDA) | -9.63 (-232.00%) | -2.9 (-319.08%) | -0.69 (82.49%) | -3.95 |
Asset Turnover | 1.85 (13.29%) | 1.63 (-9.48%) | 1.8 (57.83%) | 1.14 |
Current Ratio | 1.66 (-53.13%) | 3.54 (43.42%) | 2.47 (21.37%) | 2.04 (-43.60%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$11,370,000 (-3.57%) | -$10,978,000 (89.07%) | -$100,483,000 (24.37%) | -$132,857,000 (-50.16%) |
Enterprise Value (EV) | $46,068,885 (-25.39%) | $61,743,426 (23.56%) | $49,970,448 (-89.94%) | $496,525,502 |
Earnings Before Tax (EBT) | -$27,383,000 (36.60%) | -$43,194,000 (50.73%) | -$87,661,000 (35.47%) | -$135,844,000 (-88.10%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$4,785,000 (77.53%) | -$21,293,000 (70.53%) | -$72,260,000 (42.49%) | -$125,650,000 (-101.05%) |
Invested Capital | $36,017,000 (-67.37%) | $110,391,000 (8.57%) | $101,679,000 (-18.91%) | $125,395,000 (42.02%) |
Working Capital | $17,877,000 (-79.95%) | $89,153,000 (5.46%) | $84,537,000 (17.87%) | $71,719,000 (-56.48%) |
Tangible Asset Value | $64,298,000 (-57.35%) | $150,742,000 (-13.39%) | $174,045,000 (-4.62%) | $182,473,000 (-32.35%) |
Market Capitalization | $54,698,885 (-17.48%) | $66,286,426 (-0.52%) | $66,632,448 (-86.58%) | $496,584,375 |
Average Equity | $292,750 (-98.35%) | $17,763,500 (108.27%) | -$214,873,000 (-81.31%) | -$118,514,392 |
Average Assets | $109,960,250 (-30.75%) | $158,789,250 (-10.92%) | $178,259,000 (-46.88%) | $335,593,394 |
Invested Capital Average | $76,060,000 (-35.57%) | $118,048,250 (3.97%) | $113,537,000 (-64.56%) | $320,332,064 |
Shares | 39,351,716 (5.08%) | 37,449,958 (12.13%) | 33,399,723 (231.92%) | 10,062,500 |