Grove Delivers Positive Cash Flow; Acquires 8Greens, Grab Green
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By Karen Roman
Grove Collaborative Holdings, Inc. (NYSE: GROV) said annual adjusted EBITDA was $1.3 million, increasing $10.5 million year-over-year.
Operating cash flow for Q4 was $0.3 million, making it the third consecutive quarter with positive results, it said.
Grove also announced it acquired cleaning products and wellness brands Grab Green and 8Greens, respectively, in the first quarter of 2025.
“Throughout the quarter, we remained focused on driving profitability, strengthening our balance sheet, and accelerating revenue growth, all while supporting our customers’ environmental and human health goals,” said Jeff Yurcisin, Grove Collaborative CEO.
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