GROV Q1 2022 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q1 2022 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$90M-11.5% YoY

Gross Profit

$43M47.2% margin

Operating Income

-$47M-52.2% margin

Net Income

-$47M-52.4% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$31M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$178M

Total Liabilities

$189M

Stockholders' Equity

-$11M

Cash & Equivalents

$74M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$102M	-11.5%
Gross Profit	$43M	$52M	-18.1%
Operating Income	-$47M	-$36M	-30.8%
Net Income	-$47M	-$38M	-25.0%