---
schema_version: "secwatch.filing_event.v1"
accession: "0001706524-24-000027"
form_type: "8-K"
ticker: "UGRO"
cik: "0001706524"
company_name: "urban-gro, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:33:43.027473+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# urban-gro Q1 2024: Revenue $15.5M, net loss $2.1M, reaffirms FY guidance of >$84M revenue

## Summary
- Revenue $15.5M, sequential +4% vs Q4 2023, down 7% YoY.
- GAAP net loss $2.1M ($0.18/sh); adjusted net loss $1.5M ($0.12/sh).
- Adjusted EBITDA negative $0.3M, improved $3.1M YoY; G&A expenses cut $2.8M to $4.3M.
- Backlog $99M (76% CEA, 24% commercial); reaffirms FY2024 revenue >$84M and positive Adj. EBITDA.
- Cash $0.7M; drawn $2.0M on $10M credit facility.

## SEC filing metadata
- accession: 0001706524-24-000027
- form_type: 8-K
- ticker: UGRO
- cik: 0001706524
- company_name: urban-gro, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706524/000170652424000027/0001706524-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706524/000170652424000027/ugro-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706524-24-000027
- JSON: https://secwatch.observer/filing/0001706524-24-000027.json
- Plain text: https://secwatch.observer/filing/0001706524-24-000027.txt

## Key facts
- Earnings Releases
  urban-gro, Inc. reported the quarter ended March 31, 2024 results: revenue $15.5 million, net income $2.1 million, EPS $0.18 net loss per share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $15.5 million
  - Net income: $2.1 million
  - EPS: $0.18 net loss per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: urban-gro, Inc. Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance • Revenue of $15.5 million, representing a sequential increase of 4% over $15.0 million •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706524/000170652424000027/0001706524-24-000027-index.htm

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