GrowGeneration : 4Q21 Preliminary Update January 2022
January 18, 2022 at 03:20 pm
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P R E S E N TAT I O N
4 Q 2 1 P R E L I M I N A R Y U P D A T E J A N U A R Y 2 0 2 2
SUPPLYING CONTROLLED ENVIRONMENT AGRICULTURE AT SCALE
Founded: 2014, public since 2016
Ticker: GRWG (NASDAQ)
Headquarters: Denver, CO
FY 2020 Revenue: $193.0M (+143% YoY)
Nine-Months'21 Revenue: $332.0M
2021 Revenue Guidance: $420M-$422M
2021 EBITDA Guidance: $31.5M-$33.5M
Total Employees: 700+
Business Overview
Largest Hydroponic Supplier with 62 Stores in 13 States
Customer-centric service and support with best-in-class offerings, pricing, and availability
Growing Network of Locations and ability to Service Customers
Financial discipline drives growth with profitability
Nutrients &
Lighting
Growing Media
Environmental
Additives
Controls
G R O W G E N E R A T I O N . C O M
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SCALE SUPPORTED BY INDUSTRY GROWTH
INDUSTRY
National and new state legalization should drive growth in customers base in addition to installed base of existing growers in legalized states
Highly fragmented, niche industry with favorable long-term growth dynamics
Importance of controlled environment agriculture to cannabis and food production supports long term growth model
GROWGENERATION
Unique value-add distribution model generates customer retention and organic growth
Strong execution discipline driving high margins and operating leverage
Exceptional historical performance and shareholder returns
The undisputed leader in an industry with favorable dynamics
G R O W G E N E R A T I O N . C O M
3
COMPETITIVE ADVANTAGES
Sales Center Networks
Strategic market reach and penetration
Broad Product Selection
One-stop shopping
Private Label & Exclusive Products
Brand and margin leverage
Sourcing and Supply Chain
Global reach, scale and flexibility
Capital Strength
Flexibility to pursue investment and growth
Performance-based Culture
Disciplined execution and ROI focus
Combination of scale and execution discipline create a powerful business model
G R O W G E N E R A T I O N . C O M
4
CONTROLLED
ENVIRONMENT
AGRICULTURE
GrowGeneration products help control the indoor environments and allow for 24/7 growing that is not dependent on weather
Allows multiple harvests in any weather environment
Significant reduction in water and other resources creates sustainable and resource efficient environment
Delivering Nutrients, Hydration and
Photosynthesis plants need
Technology Platform delivering ongoing Data and Advanced Lighting
G R O W G E N E R A T I O N . C O M
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GrowGeneration Corp. published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 15:19:03 UTC.
GrowGeneration Corp. is a developer, marketer, retailer, and distributor of products for both indoor and outdoor hydroponic and organic gardening. The Company is a marketer and distributor of nutrients, growing media, lighting, ventilation systems and other products for hydroponic and organic gardening. The Company operates through two major lines of business: the Cultivation and Gardening segment, composed of the Company's hydroponic and organic gardening business; and its Storage Solutions segment, composed of the Company's benching, racking, and storage solutions business. The Companyâs products include proprietary brands such as Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, and more. Its Storage Solutions business, branded as Mobile Media (MMI) provides products, such as high-density mobile storage systems, static shelving, and other accessories such as desks, lockers, safes, and secured storage, offering solutions for every storage need.