urban-gro WKN: A2QN2U ISIN: US91704K2024 Kürzel: UGRO Forum: Aktien User: Börsenhai666

https://www.urban-gro.com/news/urban-gro-reports-third-quarter-2021-financial-results Record third quarter revenue of $18.3 million, representing growth of 119% compared to the prior year period; organic revenue growth was 106%, excluding contribution from the 2WR+ acquisition Quarterly net income of $0.1 million compared to a net loss of ($0.7) million in the prior year period Record quarterly adjusted EBITDA1 of $1.0 million compared to $0.3 million in the prior year period Project backlog of contractually committed equipment and service orders with deposits received was $22.5 million as of September 30, 2021 Strong balance sheet with $40.5 million in cash and no debt Raises 2021 revenue guidance to greater than $60 million and revises adjusted EBITDA guidance to reflect strategic investments in growth Announced exclusive contract with Urban Health Farms to design and build approximately 20 turn-key, food-focused vertical farms throughout Europe