Grove Collaborative Holdings, Inc. financial data

Symbol
GROV on NYSE, GROVW on OTC
Industry
Retail-Catalog & Mail-Order Houses
Location
1301 Sansome Street, San Francisco, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Virgin Group Acquisition Corp. II (to 6/15/2022)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 370 % +49.1%
Quick Ratio 92.3 % +20.6%
Debt-to-equity 1.68K % +181%
Return On Equity -431 % -273%
Return On Assets -22.5 % -36.3%
Operating Margin -8.59 % +66.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 43.9M USD -85.1%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 36.8M shares +7.26%
Weighted Average Number of Shares Outstanding, Diluted 36.8M shares +7.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 227M USD -21.5%
Research and Development Expense 17.2M USD -7.6%
Operating Income (Loss) -19.5M USD +73.7%
Nonoperating Income (Expense) -13.2M USD -129%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -32.7M USD -13.2%
Income Tax Expense (Benefit) 37K USD -26%
Net Income (Loss) Attributable to Parent -32.7M USD -13.1%
Earnings Per Share, Basic -0.95 USD/shares -120%
Earnings Per Share, Diluted -0.95 USD/shares -120%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 78.8M USD -2.81%
Inventory, Net 27.8M USD -19.4%
Assets, Current 113M USD -9.75%
Property, Plant and Equipment, Net 8M USD -39.7%
Operating Lease, Right-of-Use Asset 7.74M USD -41.7%
Other Assets, Noncurrent 2.21M USD -21.8%
Assets 132M USD -16.5%
Accounts Payable, Current 9.25M USD -13.4%
Employee-related Liabilities, Current 3.08M USD +7.54%
Accrued Liabilities, Current 11.3M USD -22.9%
Contract with Customer, Liability, Current 6.89M USD -23.4%
Liabilities, Current 29.2M USD -24.4%
Operating Lease, Liability, Noncurrent 7.15M USD -56.3%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 121M USD -11.4%
Retained Earnings (Accumulated Deficit) -635M USD -5.44%
Stockholders' Equity Attributable to Parent 686K USD -96.8%
Liabilities and Equity 132M USD -16.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -12.4M USD -83.8%
Net Cash Provided by (Used in) Financing Activities -381K USD -119%
Net Cash Provided by (Used in) Investing Activities -518K USD +33.9%
Common Stock, Shares Authorized 900M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -13.3M USD -140%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 82.6M USD -7.91%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.19M USD +16.8%
Deferred Tax Assets, Valuation Allowance 146M USD +4.8%
Cash and Cash Equivalents, Period Increase (Decrease) -427K USD -130%
Deferred Tax Assets, Gross 149M USD +3.79%
Operating Lease, Liability 17.9M USD -10.1%
Payments to Acquire Property, Plant, and Equipment 518K USD -33.9%
Lessee, Operating Lease, Liability, to be Paid 23.9M USD -13.3%
Property, Plant and Equipment, Gross 28.2M USD +1.4%
Operating Lease, Liability, Current 1.55M USD -60.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.04M USD +2.76%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.97M USD -6.84%
Operating Lease, Weighted Average Discount Rate, Percent 0.16 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.98M USD -21.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.22M USD +15.8%
Deferred Tax Assets, Operating Loss Carryforwards 126M USD +5.45%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 40K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.24M USD -23.2%
Operating Lease, Payments 4.8M USD
Additional Paid in Capital 635M USD +1.97%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 2.2M USD +52%
Deferred Tax Assets, Net of Valuation Allowance 3.59M USD -25.6%
Share-based Payment Arrangement, Expense 12.2M USD -57.6%
Interest Expense 16.5M USD +45.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%