Growgeneration Corp. · NASDAQ:GRWG
Growgeneration — Shareholder Meeting (April 2018)
9 slides from Growgeneration's shareholder meeting presentation, Apr 20, 2018
Slide 1: 2017 Annual Shareholder Meeting
OTCQX: GRWG 1 2017 Annual Shareholder Meeting growgeneration.com OTCQX: GRWG
Slide 2: Safe Harbor Statement
OTCQX: GRWG 2 Safe Harbor Statement This presentation is being provided for information purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase any of the Company’s securities . This presentation is not intended, nor should it be distributed, for advertising
Slide 3: Company Highlights
OTCQX: GRWG 3 GrowGeneration: Transforming the Hydroponic Grow Supply Distribution industry growgeneration.com Company Highlights 2017 net sales mix projected net sales National coast to coast wholesale distributor of hydroponic grow supplies – Over 100% growth year over year with over $20m in targe
Slide 4: 2017-2020 Projected Revenue and Adjusted EBITDA
OTCQX: GRWG 4 2017 - 2020 Proj. Rev and Adjusted EBITDA $14.3M $37M $60M $84.6M $(1.2M) $2.6M $6.5M $9.5M $(10,000,000) $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 $90,000,000 2017 2018 2019 2020 2017 - 2020 (Revenue and EBITDA in millions) grow
Slide 5: Capital Structure
OTCQX: GRWG 5 Capital Structure growgeneration.com 18 operations across 6 markets, CO, CA,MI NV, WA and RI capital raised to date has driven exponential revenue growth and strong balance sheet Stock Price 1 $4.31 Shares Outstanding 1 19.3M Warrants Outstanding 1 3.5M Stock Options Outstanding 1 2.0M
Slide 6: Proven Robust Track Record of Acquisitions
OTCQX: GRWG 6 Proven Robust Track Record of Acquisitions growgeneration.com 2017 2016 2015 2014 $2,100,000 4 Pueblo, CO $470,000 1 Conifer, CO $3,113,000 2 Santa Rosa, CA, Seattle, WA Annualized sales # stores added Locations $13,000,000 6 Arcata, McKinlv. CA Warwick, RI Livonia and Lansing, MI 2018
Slide 7: 2017 Highlights
OTCQX: GRWG 7 2017 Highlights • Sales increased 80% 2017 over 2016 • Same Store Sales increased 43% 2017 over 2016 • Raised $14.2M in equity capital(includes $9m raise in Jan 2018) • Acquired Seattle Hydro Spot, located in Seattle, WA • Acquired Sonoma Hydro and consolidated GrowGen Santa Rosa into
Slide 8: Store Acquisitions 2018
OTCQX: GRWG 8 Store Acquisitions 2018 • Humboldt Depot, Arcata, CA, 2 stores, closed 1 st Q 2018 $4.0M in Rev., $400k in net income • East Coast Hydroponics, Warwick, R.I., largest hydro store on the East Coast $5.0M in Rev.,$750k in net income , closed 1 st Q 2018 • Additional acquisition target ma
Slide 9: Growth Strategy: National Expansion
OTCQX: GRWG 9 Growth Strategy: National Expansion Growth to be fueled by both new store openings and acquisitions • Current operations in 18 stores across 6 states • 2018 - 2019 expansion markets: CA,OR,MI and MA - Current Operations - Targeted for Expansion in 2018 - 2018 growgeneration.com Alabama