urban-gro (NASDAQ: UGRO) Investor Dashboard


urban-gro
NASDAQ Ticker: UGRO
Market Focus: United States
Classification: Ancillary
Country: United States
Employees: 80 as of 8/2021
Established: 2014
CEO: Bradley Nattrass

Summary

Fiscal Year-End: December, 31st
Auditor: BF Borgers CPA PC
Exchanges: NASDAQ
Sector:  Horticulture
Headquarters: Lafayette, CO

Financials (06/30/21)

Cash on hand: $50.4 million
Fixed Investment: $0.1 million
Shareholders’ Equity: $49.5 million
Revenues – Last Quarter: $12.8 million
Gross Margin : 22.8%
EPS : $0.11

Capital Structure (08/06/21)

Last Financing: 6.2 million shares at $10
Shares: 10.5 million
Warrants: 0.4 million
Options:  0.7 million
Diluted Shares: 11.8 million

Company Brief

Located in the U.S. and operating globally, urban-gro, Inc. (Follow Company) is a leading engineering design and services company focused on supporting commercial cannabis cultivators as well as the broader horticulture market such as specialty crops, including leafy greens, vegetables, herbs, and plant-based medicines. With the acquisition of MJ12 Design Studio, urban-gro added early-stage conceptual design and planning to its service offerings and became a fully integrated architecture, engineering and cultivation systems company.

The company has engineered and designed over 300 controlled environment agriculture facilities, spanning over five million square feet, servicing many multi-state operators (MSOs) as well as Canadian operators who require GMP certification to ensure they can export to the EU. This high level of expertise allows the urban-gro to properly design state-of-the-art pharmaceutical level facilities.

High-performance cannabis cultivation facilities powered by urban-gro

urban-gro team


Highlights

  • Uplisted to the NASDAQ
  • Early mover in the North America market
  • Revenue growth in 2020 despite Covid-19 Impact
  • Entering 2021 with a backlog exceeding $14 million
  • Leading engineering and design services company focused on sustainable commercial indoor horticulture market

Growth Strategy

  • Unstoppable demand for sustainable controlled-environment agriculture (CEA) facilities
  • Expanding into Europe and other high-value markets
  • Growing sales infrastructure to access new territories
  • Growth through acquisitions
  • Expanding into more segments

Differentiators

  • Experts in controlled environment agriculture
  • Designed 450+ indoor CEA projects with the highest value agriculture crop in the world
  • Company’s acquired experience is #1 asset
  • Seeking investment in the CEA market to drive lead generation and in AgTech companies to gain access to innovative technologies
  • gro-care Managed Services offers virtual training, remote monitoring, facility auditing and more

Institutional Analyst Coverage

Ashok Kumar, phD, CFA
Think Equity


Curated Stories & News


Visit urban-gro
at www.urban-gro.com.

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