OverviewSuggest Edit

Grow Solutions (GRSO) is a company involved in the design and manufacture of modular aeroponic vertical farming units. It offers the AeroPod system that continuously monitors the growing environment and controls air and water temperatures, macro- and micro-nutrient levels, humidity levels, and lighting. AeroPod can be used to produce yields of leafy greens, tender leaf produce, and cannabis.

TypePublic
Founded2014
HQNew York, NY, US
Websitegrsoinvest.com

Latest Updates

Employees (est.) (Nov 2018)15
Revenue (FY, 2016)$6.8 M(+152%)
Share Price (Jan 2021)$0 (-5%)
Cybersecurity ratingAMore

Grow Solutions Office Locations

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

Grow Solutions Financials and Metrics

Grow Solutions Revenue

Grow Solutions'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)

Market capitalization (8-Jan-2021)

478.1k

Closing stock price (8-Jan-2021)

0.0

Cash (31-Dec-2016)

195.8k

EV

1.8m
Grow Solutions's current market capitalization is $478.1 k.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.7m6.8m

Cost of goods sold

1.9m5.5m

Gross profit

786.9k1.3m

Gross profit Margin, %

29%18%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 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, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

814.7k195.8k

Accounts Receivable

80.6k133.5k

Inventories

679.9k915.8k

Current Assets

1.7m1.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

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

Accounts Receivable

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

Prepaid Expenses

3.0k

Inventories

262.7k363.6k935.5k971.9k842.0k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(19.0k)(25.1k)(26.6k)(25.8k)(1.5m)(4.7m)

Depreciation and Amortization

2.1k18.5k

Inventories

(343.6k)(235.9k)

Accounts Payable

1.4k4.9k1.2k(7.4k)233.8k60.6k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(12.9k)(18.5k)(3.3k)(12.7k)(18.9k)(8.8k)(14.8k)(21.1k)(10.4k)(16.6k)(19.2k)(104.6k)(965.8k)(1.2m)(231.9k)(833.7k)(2.6m)

Depreciation and Amortization

424.01.1k1.7k4.5k7.4k

Inventories

(79.7k)(27.3k)(255.6k)(292.0k)(162.1k)

Accounts Payable

4.6k(3.3k)3.7k1.7k(503.0)1.01.3k482.0923.0(10.2k)(18.5k)(114.3k)(48.8k)54.2k70.5k(760.7k)
Show all financial metrics

Grow Solutions Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Grow Solutions Online and Social Media Presence

Embed Graph

Grow Solutions 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 Frequently Asked Questions

  • When was Grow Solutions founded?

    Grow Solutions was founded in 2014.

  • How many employees does Grow Solutions have?

    Grow Solutions has 15 employees.

  • What is Grow Solutions revenue?

    Latest Grow Solutions annual revenue is $6.8 m.

  • What is Grow Solutions revenue per employee?

    Latest Grow Solutions revenue per employee is $452 k.

  • Who are Grow Solutions competitors?

    Competitors of Grow Solutions include Unfold, StockManager and SageInsights (MyAgCentra).

  • Where is Grow Solutions headquarters?

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

  • Where are Grow Solutions offices?

    Grow Solutions has an office in New York.

  • How many offices does Grow Solutions have?

    Grow Solutions has 1 office.