HYFM Q3 2024 Earnings — Hydrofarm Holdings Group, Inc. Revenue & Financial Results | Market Cap Arena

HYFMHydrofarm Holdings Group, Inc.

$5M

Q3 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$44M-18.8% YoY

Gross Profit

$9M19.4% margin

Operating Income

-$9M-20.5% margin

Net Income

-$13M-29.9% margin

EPS (Diluted)

$-2.86

QoQ Revenue Growth

-19.7%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$668,000

Balance Sheet

Total Assets

$446M

Total Liabilities

$203M

Stockholders' Equity

$243M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$54M	-18.8%
Gross Profit	$9M	$3M	+157.4%
Operating Income	-$9M	-$16M	+44.3%
Net Income	-$13M	-$20M	+33.9%

Revenue Segments

Shipping and Handling

$1M100%

Geographic Segments

Canada Segment

$8M100%