Grow Solutions Holdings

OverviewSuggest Edit

Grow Solutions Holdings, Inc. (GRSO) is a company providing comprehensive support services in the area of high-yield indoor agriculture. Company's platform of operations and services for this industry comprises the following three divisions: Retail Sales, Distribution, and Services. 

TypePublic
Founded2014
HQNew York, US
Websitegrowsolutionsinc.com

Latest Updates

Employees (est.) (Nov 2018)15
Revenue (FY, 2016)$6.8 M(+152%)

Grow Solutions Holdings Office Locations

Grow Solutions Holdings has an office in New York
New York, US (HQ)
535 5th Ave
Show all (1)

Grow Solutions Holdings Financials and Metrics

Grow Solutions Holdings Revenue

Grow Solutions Holdings's revenue was reported to be $6.78 m in FY, 2016
USD

Revenue (FY, 2016)

6.8m

Gross profit (FY, 2016)

1.3m

Gross profit margin (FY, 2016), %

18.4%

Net income (FY, 2016)

(4.7m)

EBIT (FY, 2016)

(3.5m)

Cash (31-Dec-2016)

195.8k
Annual
USDFY, 2013FY, 2015FY, 2016

Revenue

2.7m6.8m

Cost of goods sold

1.9m5.5m

Gross profit

786.9k1.3m

Gross profit Margin, %

29%18%
Quarterly
USDQ1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

325.1k993.1k1.4m1.7m1.7m

Cost of goods sold

264.9k705.8k844.4k1.3m963.6k

Gross profit

60.1k287.3k509.3k352.1k742.7k

Gross profit Margin, %

19%29%38%21%44%
Annual
USDFY, 2013FY, 2015FY, 2016

Cash

814.7k195.8k

Accounts Receivable

80.6k133.5k

Inventories

679.9k915.8k

Current Assets

1.7m1.5m
Quarterly
USDQ1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

112.4k279.0k411.2k193.9k141.6k

Accounts Receivable

26.0k53.7k138.3k120.1k11.7k

Inventories

262.7k363.6k935.5k971.9k842.0k

Current Assets

401.2k709.9k1.6m1.5m1.3m
Annual
USDFY, 2013FY, 2015FY, 2016

Net Income

(26.6k)(1.5m)(4.7m)

Depreciation and Amortization

2.1k18.5k

Inventories

(343.6k)(235.9k)

Accounts Payable

1.2k233.8k60.6k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(10.4k)(6.2k)(1.2m)(231.9k)(833.7k)(2.6m)

Depreciation and Amortization

1.1k1.7k4.5k7.4k

Inventories

(27.3k)(255.6k)(292.0k)(162.1k)

Accounts Payable

482.0(48.8k)54.2k70.5k(760.7k)
USDY, 2016

Financial Leverage

-1 x
Show all financial metrics

Grow Solutions Holdings News and Updates

Grow Solutions Holdings, Inc. Shareholder Update

LAS VEGAS, April 22, 2019 /PRNewswire/ -- Grow Solutions Holdings, Inc. (OTCPink: GRSO) April 22, 2019 Dear Shareholders, Grow Solutions Holdings, Inc. a Wyoming Corporation (the "Company") and its wholly owned subsidiary Pure Roots Holding, Ltd., is pleased to update its shareholder base ...

Grow Solutions Holdings, Inc. Shareholder Letter

LAS VEGAS, March 20, 2019 /PRNewswire/ -- Grow Solutions Holdings, Inc. (OTCPink: GRSO) March 19, 2019 Dear Shareholders, On March 5, 2019, Grow Solutions Holdings, Inc. (the "Company") consummated a share exchange agreement with the shareholders of Pure Roots Holding, Ltd. ("Pure...

Grow Solutions Holdings Frequently Asked Questions

  • When was Grow Solutions Holdings founded?

    Grow Solutions Holdings was founded in 2014.

  • How many employees does Grow Solutions Holdings have?

    Grow Solutions Holdings has 15 employees.

  • What is Grow Solutions Holdings revenue?

    Latest Grow Solutions Holdings annual revenue is $6.8 m.

  • What is Grow Solutions Holdings revenue per employee?

    Latest Grow Solutions Holdings revenue per employee is $452 k.

  • Who are Grow Solutions Holdings competitors?

    Competitors of Grow Solutions Holdings include Pinar, Calavo Growers and acomo.

  • Where is Grow Solutions Holdings headquarters?

    Grow Solutions Holdings headquarters is located at 535 5th Ave, New York.

  • Where are Grow Solutions Holdings offices?

    Grow Solutions Holdings has an office in New York.

  • How many offices does Grow Solutions Holdings have?

    Grow Solutions Holdings has 1 office.