urban-gro (NASDAQ: UGRO) Investor Dashboard

Follow Company

➔ urban-gro
NASDAQ Ticker:	UGRO

Market Focus:	United States
Classification:	Ancillary
Country:	United States

Employees:	125 as of 5/2022
Established:	2014
CEO:	Bradley Nattrass

Summary

Fiscal Year-End:	December, 31st
Auditor:	BF Borgers CPA PC
Exchanges:	NASDAQ
Sector:	Full-service CEA engineering, design and equipment sales
Headquarters:	Lafayette, CO

Financials (03/31/22)

Cash on hand:	$27.1 million
Fixed Investment:	$0.2 million
Shareholders’ Equity:	$44.6 million
Revenues – Last Quarter:	$21.1 million
Gross Margin :	23%
EPS :	-$0.07

Capital Structure (05/10/22)

Last Financing:	6.2 million shares at $10
Shares:	10.6 million
Warrants:	0.3 million
Options:	0.7 million
Diluted Shares:	12.1 million

Company Brief

Located in the U.S. and operating globally, urban-gro, Inc. (Follow Company) is a leading, fully integrated architectural design, engineering, procurement and construction management design-build firm. The company is 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 acquisition of Emerald Construction Management added construction management services to the company’s offerings.

High-performance cannabis cultivation facilities powered by urban-gro

The company has engineered and designed more than 500 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.

Highlights

Uplisted to the NASDAQ
Early mover in the North America market
No debt and strong cash position
Entered Q2 2022 with a backlog of $22 million
Leading engineering and design services company focused on sustainable commercial indoor horticulture market
Offers CAPEX financing solutions to clients through a partnership with XS Financial
Growing through global markets, vertical farming and continued expansion of services offering

Growth Strategy

Unstoppable demand for sustainable controlled-environment agriculture (CEA) facilities
Expanding into Europe, the Middle East and other high-value markets
Growing sales infrastructure to access new territories
Organic growth and growth through acquisitions
Expanding into more segments
Focus on vertical farming and expanding services offering capabilities
Exclusive agreement with Urban Health Farms for CEA food/produce in Europe; Urban Health Farms has plans to commission up to 20 industrial farms

Differentiators

Experts in controlled environment agriculture
Designed 500+ 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
Technical experts make up two-thirds of the company’s team

Institutional Analyst Coverage

Ashok Kumar, phD, CFA
Think Equity

Eric Beder
Small Cap Consumer Research

Matt Bullock
Maxim

Eric Des Lauriers
Craig-Hallum

Curated Stories & News

Visit urban-gro
at www.urban-gro.com.