urban-gro Inc. FY 2024 gross profit drops 71% to USD 2.9 million

Reuters
Jan 17
urban-gro Inc. FY 2024 gross profit drops 71% to USD 2.9 million

Urban-Gro Inc. reported full year (FY) 2024 revenues of USD 40.0 million. Cost of revenues for the period was USD 37.1 million. Gross profit for FY 2024 was USD 2.9 million, representing 7 percent of revenue. Operating expenses totaled USD 38.4 million for the year.

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