Urban-Gro Inc
NASDAQ:UGRO
Income Statement
Earnings Waterfall
Urban-Gro Inc
Revenue
|
73.9m
USD
|
Cost of Revenue
|
-62.1m
USD
|
Gross Profit
|
11.8m
USD
|
Operating Expenses
|
-26.8m
USD
|
Operating Income
|
-15m
USD
|
Other Expenses
|
-3.1m
USD
|
Net Income
|
-18.1m
USD
|
Income Statement
Urban-Gro Inc
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||
Revenue |
12
N/A
|
14
+17%
|
17
+18%
|
19
+14%
|
20
+4%
|
22
+12%
|
22
-1%
|
22
+1%
|
24
+8%
|
23
-7%
|
21
-7%
|
24
+13%
|
26
+9%
|
34
+30%
|
42
+26%
|
52
+23%
|
62
+19%
|
71
+15%
|
75
+5%
|
69
-8%
|
67
-2%
|
63
-6%
|
65
+4%
|
74
+13%
|
|
Gross Profit | |||||||||||||||||||||||||
Cost of Revenue |
(9)
|
(11)
|
(12)
|
(13)
|
(14)
|
(16)
|
(15)
|
(15)
|
(18)
|
(17)
|
(16)
|
(19)
|
(20)
|
(26)
|
(33)
|
(41)
|
(47)
|
(54)
|
(57)
|
(53)
|
(53)
|
(51)
|
(54)
|
(62)
|
|
Gross Profit |
3
N/A
|
4
+23%
|
5
+28%
|
6
+23%
|
6
+5%
|
7
+8%
|
7
+1%
|
7
+4%
|
7
-6%
|
6
-8%
|
5
-12%
|
5
-4%
|
6
+12%
|
7
+27%
|
9
+24%
|
12
+28%
|
15
+28%
|
17
+15%
|
18
+3%
|
16
-9%
|
14
-11%
|
12
-15%
|
12
-5%
|
12
+2%
|
|
Operating Income | |||||||||||||||||||||||||
Operating Expenses |
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(12)
|
(13)
|
(11)
|
(9)
|
(8)
|
(8)
|
(9)
|
(11)
|
(15)
|
(18)
|
(21)
|
(26)
|
(27)
|
(32)
|
(30)
|
(27)
|
|
Selling, General & Administrative |
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(12)
|
(12)
|
(11)
|
(9)
|
(8)
|
(8)
|
(9)
|
(11)
|
(15)
|
(18)
|
(21)
|
(22)
|
(22)
|
(24)
|
(26)
|
(26)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(3)
|
0
|
|
Operating Income |
(2)
N/A
|
(3)
-12%
|
(3)
-4%
|
(3)
+3%
|
(4)
-42%
|
(4)
-16%
|
(5)
-18%
|
(6)
-11%
|
(6)
-2%
|
(6)
-9%
|
(6)
+13%
|
(4)
+22%
|
(3)
+36%
|
(1)
+57%
|
(0)
+97%
|
0
N/A
|
(0)
N/A
|
(1)
-515%
|
(3)
-175%
|
(10)
-206%
|
(13)
-22%
|
(19)
-54%
|
(19)
+4%
|
(15)
+20%
|
|
Pre-Tax Income | |||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
1
|
0
|
(2)
|
(3)
|
0
|
(4)
|
(3)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
(3)
N/A
|
(3)
-8%
|
(3)
-2%
|
(3)
+4%
|
(4)
-43%
|
(5)
-18%
|
(6)
-20%
|
(7)
-35%
|
(8)
-11%
|
(9)
-3%
|
(9)
-2%
|
(7)
+24%
|
(5)
+23%
|
(5)
+2%
|
(2)
+57%
|
(1)
+35%
|
(1)
+36%
|
(0)
+91%
|
(3)
-3 850%
|
(12)
-278%
|
(16)
-31%
|
(20)
-28%
|
(24)
-18%
|
(18)
+22%
|
|
Net Income | |||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(7)
|
(5)
|
(5)
|
(2)
|
(1)
|
(1)
|
0
|
(3)
|
(12)
|
(15)
|
(20)
|
(23)
|
(18)
|
|
Net Income (Common) |
(3)
N/A
|
(3)
-8%
|
(3)
-2%
|
(3)
+4%
|
(4)
-43%
|
(5)
-18%
|
(6)
-20%
|
(7)
-35%
|
(8)
-11%
|
(9)
-3%
|
(9)
-2%
|
(7)
+24%
|
(5)
+23%
|
(5)
+2%
|
(2)
+57%
|
(1)
+35%
|
(1)
+36%
|
0
N/A
|
(3)
N/A
|
(12)
-293%
|
(15)
-31%
|
(20)
-29%
|
(23)
-19%
|
(18)
+23%
|
|
EPS (Diluted) |
-0.59
N/A
|
-0.64
-8%
|
-0.65
-2%
|
-0.65
N/A
|
-0.89
-37%
|
-1.07
-20%
|
-1.23
-15%
|
-1.72
-40%
|
-1.9
-10%
|
-1.8
+5%
|
-1.81
-1%
|
-1.39
+23%
|
-1.06
+24%
|
-0.63
+41%
|
-0.18
+71%
|
-0.11
+39%
|
-0.09
+18%
|
0
N/A
|
-0.29
N/A
|
-1.1
-279%
|
-1.44
-31%
|
-1.84
-28%
|
-2.13
-16%
|
-1.55
+27%
|