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 - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 328 % +7.22%
Quick Ratio 84.8 % -3.12%
Debt-to-equity 2.54K % +306%
Return On Equity -544 % -162%
Return On Assets -18.5 % +34.5%
Operating Margin -10.4 % +49.1%

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 37.3M shares +5.93%
Weighted Average Number of Shares Outstanding, Diluted 37.3M shares +5.93%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 214M USD -21.8%
Research and Development Expense 18.4M USD +12.2%
Operating Income (Loss) -22.2M USD +60.2%
Nonoperating Income (Expense) -2.07M USD -122%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -24.2M USD +47.8%
Income Tax Expense (Benefit) 41K USD -12.8%
Net Income (Loss) Attributable to Parent -24.3M USD +47.7%
Earnings Per Share, Basic -0.68 USD/shares -116%
Earnings Per Share, Diluted -0.68 USD/shares -116%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 50.8M USD -41%
Inventory, Net 24.5M USD -25%
Assets, Current 81.8M USD -37.1%
Property, Plant and Equipment, Net 5.99M USD -52.6%
Operating Lease, Right-of-Use Asset 13.6M USD +7.86%
Other Assets, Noncurrent 2.74M USD +1.63%
Assets 105M USD -34.6%
Accounts Payable, Current 9.67M USD +9.08%
Employee-related Liabilities, Current 3.55M USD -16.5%
Accrued Liabilities, Current 11.6M USD -30.2%
Contract with Customer, Liability, Current 6.77M USD -12.6%
Liabilities, Current 39.6M USD +4.9%
Operating Lease, Liability, Noncurrent 13.6M USD -11.3%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 78.8M USD -42.4%
Retained Earnings (Accumulated Deficit) -636M USD -3.97%
Stockholders' Equity Attributable to Parent 1.52M USD -89.2%
Liabilities and Equity 105M USD -34.6%

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 55.6M USD -41.3%
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 1.21M USD -70.6%
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 637M USD +1.87%
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 12.9M USD -38.9%
Interest Expense 16.5M USD +45.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%