Growth Metrics

GROWLIFE, INC. (PHOT) Rent Expense (2021 - 2023)

Growlife (PHOT) has disclosed Rent Expense for 3 consecutive years, with $678744.0 as the latest value for Q2 2023.

  • On a quarterly basis, Rent Expense rose 87.11% to $678744.0 in Q2 2023 year-over-year; TTM through Jun 2023 was $2.7 million, a 22.92% decrease, with the full-year FY2021 number at $4.3 million, down 11.33% from a year prior.
  • Rent Expense was $678744.0 for Q2 2023 at Growlife, down from $692201.0 in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $1.2 million in Q4 2021 to a low of $362753.0 in Q2 2022.
  • A 3-year average of $880749.1 and a median of $965735.5 in 2021 define the central range for Rent Expense.
  • Peak YoY movement for Rent Expense: plummeted 66.29% in 2022, then surged 87.11% in 2023.
  • Growlife's Rent Expense stood at $1.2 million in 2021, then crashed by 44.37% to $692201.0 in 2022, then dropped by 1.94% to $678744.0 in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Rent Expense are $678744.0 (Q2 2023), $692201.0 (Q3 2022), and $362753.0 (Q2 2022).