Growth Metrics

GROWLIFE, INC. (PHOT) Gross Profit (2016 - 2023)

Growlife (PHOT) has disclosed Gross Profit for 13 consecutive years, with $103658.0 as the latest value for Q2 2023.

  • On a quarterly basis, Gross Profit fell 31.36% to $103658.0 in Q2 2023 year-over-year; TTM through Jun 2023 was -$9087.0, a 99.55% increase, with the full-year FY2020 number at $3.0 million, up 16.91% from a year prior.
  • Gross Profit was $103658.0 for Q2 2023 at Growlife, up from $38266.0 in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $1.3 million in Q2 2021 to a low of -$2.4 million in Q4 2021.
  • A 5-year average of $333605.5 and a median of $496578.0 in 2020 define the central range for Gross Profit.
  • Peak YoY movement for Gross Profit: surged 1256.5% in 2019, then crashed 316.93% in 2021.
  • Growlife's Gross Profit stood at $356546.0 in 2019, then surged by 209.19% to $1.1 million in 2020, then plummeted by 316.93% to -$2.4 million in 2021, then skyrocketed by 90.51% to -$226999.0 in 2022, then soared by 145.66% to $103658.0 in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Gross Profit are $103658.0 (Q2 2023), $38266.0 (Q1 2023), and -$226999.0 (Q4 2022).