Growgeneration Corp (GRWG)

[Helter Skelter]

GRWG Income Statement

2.70 way undervalued here

I agree. Current price of $2.70 when you have 9 month high growth of 141%...grew 9 month revenues by $3,286,953...outstanding. Over double the 3 month year over year Q revenues $921,913 to $2,169,129...plus...gotta love a CFO that details every line item in the expenses...can spot where they celebrated their success a little with serious growth in 'Meals and entertainment', lOl...

Bottom line > High revenue growth and now turning a profit...small...but profit. $10,844 profit for the Q.

On pace for approximately $8 million in revenues for the year.

Market cap with 11,053,548 OS is $29,844,580 (3.5 x sales/revenues).

High growth, if sustained, equates to 'way undervalued' at current price. JMO (stockholders' equity looks like $3.30ish per share based on that metric only. I'll post the balance sheet later when I get time.)

Good day.



Link > GRWG 10Q FILED 11/14/2016