---
schema_version: "secwatch.filing_event.v1"
accession: "0001706524-23-000017"
form_type: "8-K"
ticker: "UGRO"
cik: "0001706524"
company_name: "urban-gro, Inc."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:23:05.424692+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# urban-gro Q4 revenue $17.3M in line with guidance; net loss widens to $4.2M; FY23 revenue guidance $100-120M

## Summary
- Q4 revenue $17.3M (guidance ~$17.0M); net loss $4.2M ($0.39/share) vs $0.6M loss a year ago.
- Full year 2022 revenue $67.0M (+7.9% YoY); net loss $15.3M; negative Adj. EBITDA $3.9M.
- Record project backlog $93M at Dec 31, 2022, up $26M sequentially.
- FY 2023 guidance: revenue $100M-$120M; Adj. EBITDA negative $3.0M to slightly positive.
- Q4 gross margin fell to 19% from 26% due to lower-margin construction revenue from Emerald acquisition.

## SEC filing metadata
- accession: 0001706524-23-000017
- form_type: 8-K
- ticker: UGRO
- cik: 0001706524
- company_name: urban-gro, Inc.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706524/000170652423000017/0001706524-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706524/000170652423000017/ugro-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706524-23-000017
- JSON: https://secwatch.observer/filing/0001706524-23-000017.json
- Plain text: https://secwatch.observer/filing/0001706524-23-000017.txt

## Key facts
- Earnings Releases
  urban-gro, Inc. reported fourth quarter and full year ended December 31, 2022 results: revenue $17.3 million, net income $4.2 million, EPS $(0.39) per share. Guidance initiated.
  - Period: fourth quarter and full year ended December 31, 2022
  - Revenue: $17.3 million
  - Net income: $4.2 million
  - EPS: $(0.39) per share
  - Guidance: initiated
  - Result: reported results
  source text: urban-gro, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results Provides Full Year 2023 Guidance • Fourth Quarter Revenue of $17.3 million, as compared to revenue guidance of approximately $17.0 million • Fourth Quarter Net Loss of $4.2 million and negative Adjusted EBITDA 1 of $1.66 million , as compared to negative Adjusted EBITDA 1 guidance of approximately $1.5 million • 2022 Full Year Revenue of $67.0 million, a 7.9% increase over $62.1 million in the prior year period • 2022 Full Year Net Loss of $15.3 million and negative Adjusted EBITDA 1 of $3.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706524/000170652423000017/0001706524-23-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.