Financial insights of GROV

MyFinsight

For the quarter ending 2025-09-30, GROV made $43,734K in revenue. -$3,335K in net income. Net profit margin of -7.63%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenue, net	43,734	44,026	43,547	48,280
Cost of goods sold	20,412	19,631	20,483	22,678
Gross profit	23,322	24,395	23,064	25,602
Advertising	3,154	2,722	2,807	2,820
Product development	1,626	2,207	1,779	4,802
Selling, general and administrative	21,273	22,956	21,986	24,726
Operating loss	-2,731	-3,490	-3,508	-6,746
Interest expense	292	305	346	2,942
Changes in fair value of derivative liabilities	-25	70	144	7,813
Other income, net	94	109	172	550
Total non-operating expenses (income), net	-223	-126	-30	5,421
Loss before provision for income taxes	-2,954	-3,616	-3,538	-1,325
Provision for income taxes	6	10	9	11
Net loss	-2,960	-3,626	-3,547	-1,336
Less accumulated dividends on redeemable convertible preferred stock	375	375	375	174
Net loss attributable to common stockholders, basic	-	-4,001	-3,922	-1,510
Net loss attributable to common stockholders, diluted	-3,335	-	-	-

Net loss per share attributable to common stockholders, basic (in dollars per share)	-0.08	-0.1	-0.1	-0.04
Net loss per share attributable to common stockholders, diluted (in dollars per share)	-0.08	-0.1	-0.1	-0.04
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	39,377,394	38,813,480	38,209,966	37,343,930
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	39,377,394	38,813,480	38,209,966	37,343,930