GROV Q4 2023 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q4 2023 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$60M-19.2% YoY

Gross Profit

$33M54.4% margin

Operating Income

-$8M-13.3% margin

Net Income

-$9M-15.8% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$507,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$151M

Total Liabilities

$133M

Stockholders' Equity

$18M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$74M	-19.2%
Gross Profit	$33M	$35M	-6.4%
Operating Income	-$8M	-$28M	+72.0%
Net Income	-$9M	-$13M	+25.2%