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CO2 GRO Inc. (V:GROW)

Business Focus: Agricultural Machinery

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
 
Company Contact
Address: Suite 5800, 40 King St West Box 1011
TORONTO ON M5H 3S1
Tel: N/A
Website: https://www.co2gro.ca
IR: See website
Key People
John H. Archibald
President, Chief Executive Officer, Director
Stephen M. Gledhill
Chief Financial Officer, Corporate Secretary
Samuel Kanes
Vice President - Market Research and Analytics, Director
Business Overview
CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering CO2 Delivery Solutions to the global protected agricultural sector. Its patented technology helps growers increase crop yields and profits by enhancing plant growth, resilience, quality and water-use efficiency through aqueous CO2 misting. It is fostering sustainable agriculture practices and reducing the industry's environmental footprint. The Company operates in Canada, the United States and the European Union.
Financial Overview
For the nine months ended 30 September 2023, CO2 GRO Inc revenues increased 59% to C$316K. Net loss decreased 33% to C$813K. Revenues reflect CO2 Plant Production Platform segment increase from C$0K to C$301K, Canada (Country) segment increase from C$32K to C$255K. Lower net loss reflects CO2 Plant Production Platform segment loss decrease of 15% to C$483K. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Employees: 4 as of Dec 31, 2011
Reporting Currency: Canadian Dollars
Enterprise value: $3.30M as of Sep 30, 2023
Annual revenue (TTM): $0.40M as of Sep 30, 2023
EBITDA (TTM): -$1.16M as of Sep 30, 2023
Net annual income (TTM): -$1.36M as of Sep 30, 2023
Free cash flow (TTM): -$1.00M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 97,326,698 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization