Financial Report for Grove Collaborative Holdings, Inc. (NYSE:GROV)

.August 29, 2024 07:00:04 AM

Grove Collaborative Holdings, Inc. (NYSE:GROV) focuses on providing sustainable products, but its financial health is concerning. With a WACC of 14.73% and ROIC of -19.84%, the company is not creating value for shareholders. Comparing GROV to peers like Comera Life Sciences Holdings, Inc. (NASDAQ:CMRA) and Swvl Holdings Corp. (NASDAQ:SWVL) reveals varying levels of operational efficiency and value creation within the industry. Despite GROV’s unique position in the market, investors should be cautious due to its negative ROIC/WACC ratio. Understanding these financial metrics is crucial for assessing the company’s performance and potential for growth.