HYFMHydrofarm Holdings Group, Inc.

$5M

Q2 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$63M-35.3% YoY

Gross Profit

$14M23.0% margin

Operating Income

-$9M-14.3% margin

Net Income

-$13M-20.4% margin

EPS (Diluted)

$-2.83

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$546M

Total Liabilities

$222M

Stockholders' Equity

$325M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$63M	$98M	-35.3%
Gross Profit	$14M	$7M	+97.2%
Operating Income	-$9M	-$208M	+95.7%
Net Income	-$13M	-$203M	+93.7%

Revenue Segments

Shipping and Handling

$3M100%

Geographic Segments

Canada Segment

$15M100%

HYFM Q2 2023 Earnings — Hydrofarm Holdings Group, Inc. Revenue & Financial Results | Market Cap Arena