Financhill
Buy
62

GROV Quote, Financials, Valuation and Earnings

Last price:
$1.54
Seasonality move :
0.59%
Day range:
$1.41 - $1.48
52-week range:
$1.19 - $2.44
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.25x
P/B ratio:
37.80x
Volume:
86.5K
Avg. volume:
136.9K
1-year change:
-24.74%
Market cap:
$57.5M
Revenue:
$259.3M
EPS (TTM):
-$0.69
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $233.1M $364.3M $383.7M $321.5M $259.3M
Revenue Growth (YoY) -- 56.26% 5.33% -16.2% -19.36%
 
Cost of Revenues $149.7M $188.3M $195.2M $166.9M $121.9M
Gross Profit $83.4M $176M $188.5M $154.7M $137.4M
Gross Profit Margin 35.79% 48.32% 49.13% 48.1% 52.98%
 
R&D Expenses $13.6M $18.7M $23.4M $22.5M $16.4M
Selling, General & Admin $233M $223.8M $294M $273.1M $156.2M
Other Inc / (Exp) $3.8M -$119K -$1.8M $63M $8.1M
Operating Expenses $246.6M $242.5M $317.4M $295.6M $172.6M
Operating Income -$163.2M -$66.5M -$128.9M -$141M -$35.3M
 
Net Interest Expenses $2.1M $5.6M $5.2M $9.7M $16.1M
EBT. Incl. Unusual Items -$161.5M -$72.2M -$135.8M -$87.7M -$43.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $12K $41K $52K $54K $38K
Net Income to Company -$161.5M -$72.3M -$135.9M -$87.7M -$43.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$161.5M -$72.3M -$135.9M -$87.7M -$43.2M
 
Basic EPS (Cont. Ops) -$5.01 -$2.22 -$4.17 -$4.85 -$1.28
Diluted EPS (Cont. Ops) -$5.01 -$2.22 -$4.17 -$4.85 -$1.28
Weighted Average Basic Share $32.6M $32.6M $32.6M $18.1M $34.8M
Weighted Average Diluted Share $32.6M $32.6M $32.6M $18.1M $34.8M
 
EBITDA -$157M -$62.5M -$125.7M -$72.3M -$21.3M
EBIT -$159.4M -$66.6M -$130.6M -$78M -$27.1M
 
Revenue (Reported) $233.1M $364.3M $383.7M $321.5M $259.3M
Operating Income (Reported) -$163.2M -$66.5M -$128.9M -$141M -$35.3M
Operating Income (Adjusted) -$159.4M -$66.6M -$130.6M -$78M -$27.1M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $95.2M $77.7M $61.8M $48.3M
Revenue Growth (YoY) -- -- -18.33% -20.56% -21.81%
 
Cost of Revenues -- $47.2M $39.6M $28.5M $22.7M
Gross Profit -- $48M $38.2M $33.2M $25.6M
Gross Profit Margin -- 50.42% 49.1% 53.82% 53.03%
 
R&D Expenses -- $5.6M $5.8M $3.6M $4.8M
Selling, General & Admin -- $78.6M $55M $33.8M $27.5M
Other Inc / (Exp) -- -$113K $32.8M -$1.6M $8.4M
Operating Expenses -- $84.1M $60.7M $37.3M $32.3M
Operating Income -- -$36.2M -$22.6M -$4.1M -$6.7M
 
Net Interest Expenses -- $1.2M $2.5M $4.1M $2.9M
EBT. Incl. Unusual Items -- -$37.5M $7.7M -$9.8M -$1.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $11K $10K $7K $11K
Net Income to Company -- -- $7.7M -$9.8M -$1.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$37.5M $7.7M -$9.8M -$1.3M
 
Basic EPS (Cont. Ops) -- -$1.15 $0.25 -$0.31 -$0.04
Diluted EPS (Cont. Ops) -- -$1.15 $0.23 -$0.31 -$0.04
Weighted Average Basic Share -- $32.6M $31M $35.3M $37.3M
Weighted Average Diluted Share -- $32.6M $33.2M $35.3M $37.3M
 
EBITDA -- -$35M $11.6M -$4.2M $4.4M
EBIT -- -$36.3M $10.2M -$5.7M $1.6M
 
Revenue (Reported) -- $95.2M $77.7M $61.8M $48.3M
Operating Income (Reported) -- -$36.2M -$22.6M -$4.1M -$6.7M
Operating Income (Adjusted) -- -$36.3M $10.2M -$5.7M $1.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- $334.8M $273.5M $213.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $175.6M $133.9M $97.8M
Gross Profit -- -- $159.1M $139.6M $116M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $24.9M $16.4M $18.4M
Selling, General & Admin -- -- $277.3M $178.9M $119.7M
Other Inc / (Exp) -- -$1.4M $44.9M $24M $13.3M
Operating Expenses -- -- $302.1M $195.3M $138.1M
Operating Income -- -- -$143M -$55.7M -$22.2M
 
Net Interest Expenses -- $2.3M $8.8M $14.7M $15.3M
EBT. Incl. Unusual Items -- -- -$107M -$46.4M -$24.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- $48K $47K $41K
Net Income to Company -- -- -- -$46.4M -$24.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$107M -$46.4M -$24.3M
 
Basic EPS (Cont. Ops) -- -- -$7.48 -$1.42 -$0.69
Diluted EPS (Cont. Ops) -- -- -$7.50 -$1.42 -$0.69
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -$92.5M -$25.9M -$19K
EBIT -- -- -$98.1M -$31.7M -$8.9M
 
Revenue (Reported) -- -- $334.8M $273.5M $213.8M
Operating Income (Reported) -- -- -$143M -$55.7M -$22.2M
Operating Income (Adjusted) -- -- -$98.1M -$31.7M -$8.9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $194.2M $247.5M $199.4M $153.9M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $97.2M $127.6M $94.6M $70.5M
Gross Profit -- $97.1M $119.9M $104.8M $83.4M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $11.3M $17.9M $11.8M $13.9M
Selling, General & Admin -- $148M $214.5M $120.3M $83.8M
Other Inc / (Exp) -- -$1.4M $44.5M $5.5M $10.6M
Operating Expenses -- $159.3M $232.4M $132.1M $97.6M
Operating Income -- -$62.3M -$112.6M -$27.3M -$14.2M
 
Net Interest Expenses -- $2.3M $6.9M $11.9M $11.2M
EBT. Incl. Unusual Items -- -$66M -$75M -$33.7M -$14.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $27K $35K $28K $31K
Net Income to Company -- -- -$75M -$33.7M -$14.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$66M -$75M -$33.7M -$14.8M
 
Basic EPS (Cont. Ops) -- -$2.03 -$6.50 -$1.02 -$0.42
Diluted EPS (Cont. Ops) -- -$2.03 -$6.52 -$1.02 -$0.42
Weighted Average Basic Share -- $65.1M $70.2M $103.3M $110.4M
Weighted Average Diluted Share -- $65.1M $72.5M $103.3M $110.4M
 
EBITDA -- -$62.4M -$63.8M -$17.4M $3.8M
EBIT -- -$63.7M -$68.1M -$21.8M -$3.6M
 
Revenue (Reported) -- $194.2M $247.5M $199.4M $153.9M
Operating Income (Reported) -- -$62.3M -$112.6M -$27.3M -$14.2M
Operating Income (Adjusted) -- -$63.7M -$68.1M -$21.8M -$3.6M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents -- $176.5M $78.4M $81.1M $86.4M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- $46.6M $54.5M $44.1M $28.8M
Prepaid Expenses -- -- -- -- --
Other Current Assets -- $4.8M $8.1M $4.8M $3.4M
Total Current Assets -- $227.9M $140.9M $142M $124.2M
 
Property Plant And Equipment -- $39.3M $37.1M $26.9M $21.2M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $2.5M $4.4M $5.1M $5.3M
Total Assets -- $269.7M $182.5M $174M $150.7M
 
Accounts Payable -- $23.8M $21.3M $10.7M $8.1M
Accrued Expenses -- $16.3M $16.8M $28.3M $9.8M
Current Portion Of Long-Term Debt -- $1.9M $10.8M $575K --
Current Portion Of Capital Lease Obligations -- $3M $3.6M $3.7M $3.5M
Other Current Liabilities -- $3.5M $1.7M $249K $306K
Total Current Liabilities -- $63.1M $69.2M $57.5M $35M
 
Long-Term Debt -- $29.8M $56.2M $60.6M $71.7M
Capital Leases -- -- -- -- --
Total Liabilities -- $121.4M $150.8M $147.5M $132.6M
 
Common Stock -- $487.9M $487.9M $4K $10M
Other Common Equity Adj -- -- -- -- --
Common Equity -- -$339.6M -$456.3M $26.5M $8.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $148.3M $31.6M $26.5M $18.1M
 
Total Liabilities and Equity -- $269.7M $182.5M $174M $150.7M
Cash and Short Terms -- $176.5M $78.4M $81.1M $86.4M
Total Debt -- $31.7M $66.9M $61.2M $71.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents -- -- $103.8M $86.1M $50.8M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- $56M $32.7M $24.5M
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- $7.2M $5.6M $2.7M
Total Current Assets -- -- $167.1M $130.2M $81.8M
 
Property Plant And Equipment -- -- $34M $25.3M $19.6M
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- $2.1M $5.5M $3.7M
Total Assets -- -- $203.2M $161M $105.2M
 
Accounts Payable -- -- $13.6M $8.9M $9.7M
Accrued Expenses -- -- $31.3M $11.1M $7M
Current Portion Of Long-Term Debt -- -- $28.4M -- $10M
Current Portion Of Capital Lease Obligations -- -- $3.8M $4.1M $1.2M
Other Current Liabilities -- -- $863K $486K $393K
Total Current Liabilities -- -- $93.4M $37.7M $39.6M
 
Long-Term Debt -- -- $37.8M $70.8M $22.2M
Capital Leases -- -- -- -- --
Total Liabilities -- -- $178.2M $136.9M $78.8M
 
Common Stock -- -- $16K $10M $24.8M
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- $27.6M $10M $15M
Minority Interest, Total -- -- -- -- --
Total Equity -- -- $25M $24.1M $26.4M
 
Total Liabilities and Equity -- -- $203.2M $161M $105.2M
Cash and Short Terms -- -- $103.8M $86.1M $50.8M
Total Debt -- -- $66.2M $70.8M $32.2M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$161.5M -$72.3M -$135.9M -$87.7M -$43.2M
Depreciation & Amoritzation $2.4M $4.1M $5M $5.7M $5.8M
Stock-Based Compensation $12M $7.8M $14.6M $45.7M $15.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -$1.7M -$18.6M -$12.6M $3.3M $15M
Cash From Operations -$124.8M -$83.7M -$127.1M -$96.3M -$8M
 
Capital Expenditures $11.6M $4.8M $5.8M $4.2M $3M
Cash Acquisitions -$750K -- -- -- --
Cash From Investing -$12.3M -$4.8M -$5.8M -$4.2M -$3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $17.2M $43.5M $60M $70.8M $7.5M
Long-Term Debt Repaid -$6M -$33.1M -$21.9M -$5.2M -$575K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$365K -$489K -$4.3M -$75.1M -$5.5M
Cash From Financing $107.4M $228.2M $34.7M $118.1M $9.9M
 
Beginning Cash (CF) $66.5M $36.8M $176.5M $78.4M $96M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$29.7M $139.7M -$98.1M $17.6M -$1.1M
Ending Cash (CF) $36.8M $176.5M $78.4M $96M $94.9M
 
Levered Free Cash Flow -$136.4M -$88.5M -$132.9M -$100.5M -$11M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- $7.7M -$9.8M -$1.3M
Depreciation & Amoritzation -- -- $1.4M $1.5M $2.8M
Stock-Based Compensation -- -- $9.8M $2.1M $2.8M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -$4.4M $1.9M $4M
Cash From Operations -- -- -$23.4M -$3.5M $750K
 
Capital Expenditures -- -- $970K $844K $486K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$970K -$844K -$393K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$303K -- -$42M
Repurchase of Common Stock -- -- $32K -- --
Other Financing Activities -- -- -$4.1M -$144K -$114K
Cash From Financing -- -- -$4.2M $9.4M -$27.4M
 
Beginning Cash (CF) -- -- $132.4M $89.7M $82.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$28.6M $5M -$27M
Ending Cash (CF) -- -- $103.8M $94.7M $55.6M
 
Levered Free Cash Flow -- -- -$24.4M -$4.4M $264K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -- -$46.4M -$24.3M
Depreciation & Amoritzation -- -- -- $5.8M $8.9M
Stock-Based Compensation -- -- $34.3M $23.3M $12.8M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- $18.7M $10.8M
Cash From Operations -- -- -$127.9M -$15.8M -$8.9M
 
Capital Expenditures -- -- $3.6M $3M $2M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -$3M -$1.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- $78.3M --
Long-Term Debt Repaid -- -- -- -$4.9M -$42M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -$74.7M --
Cash From Financing -- -- -- $9.8M -$28.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -$9M -$39.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -$18.8M -$10.9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -$75M -$33.7M -$14.8M
Depreciation & Amoritzation -- -- $4.3M $4.4M $7.4M
Stock-Based Compensation -- -- $34.3M $11.9M $9.3M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -$5.1M $10.3M $6.1M
Cash From Operations -- -- -$89.5M -$9.1M -$10M
 
Capital Expenditures -- -- $3.6M $2.4M $1.4M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$3.6M -$2.4M -$1.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- $7.5M --
Long-Term Debt Repaid -- -- -$865K -$575K -$42M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -$5.6M -$5.2M -$114K
Cash From Financing -- -- $118.5M $10.2M -$28M
 
Beginning Cash (CF) -- -- $285.2M $276.2M $259.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- $25.4M -$1.2M -$39.3M
Ending Cash (CF) -- -- $310.6M $274.9M $219.8M
 
Levered Free Cash Flow -- -- -$93.1M -$11.5M -$11.4M

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