urban-gro Forum: Community User: Börsenhai666

$UGRO urban-gro, Inc. Signs More Than $40 million in Contracts, Driving First Quarter 2023 Backlog to a Record $123 million 🤩

"...the Company may now purchase up to a combined $8.5 million of the Company’s common stock from time to time in the open market or in privately negotiated transactions in compliance with the applicable rules and regulations of the Securities and Exchange Commission" https://ir.urban-gro.com/news/urban-gro-inc-announces-further-expansion-to-its-stock-repurchase-program/

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