Hydrofarm (HYFM)

Company Profile

Hydrofarm is a leading distributor and manufacturer of controlled environment agriculture equipment and supplies, including high-intensity grow lights, climate control solutions, and growing media, as well as a broad portfolio of innovative and proprietary branded products. For more than 40 years, Hydrofarm has helped growers in the U.S. and Canadian markets make growing easier and more productive. The Company’s mission is to empower growers, farmers and cultivators with products that enable greater quality, efficiency, consistency and speed in their grow projects.

Company profile

Ticker

HYFM

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Consumer Non-Durables > Retailing

Industry (SIC)

Wholesale - Miscellaneous Non-durable Goods

Central Garden & Pet • Educational Development • JMAX INTERNATIONAL • Natural Health Trends • RCMW • 1606 • Quest Patent Research • Mansfield-Martin Exploration Mining • Starguide • Elite ...

Former names

Innovation Acquisition One Corp

SEC CIK

0001695295

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Hydrofarm Investment Corp. • Hydrofarm Holdings LLC • Hydrofarm, LLC • EHH Holdings, LLC • Eltac XXI S.L. • Shenzhen Representative Office of Hydrofarm Inc. • Sunblaster LLC • Sunblaster Holdings ULC • Hydrofarm Canada, LLC • Grotek Europe, S.L. ...

IRS number

814895761

HYFM stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

S-8

Registration of securities for employees

9 Mar 23

Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2022 Results

9 Mar 23

8-K

Entry into a Material Definitive Agreement

29 Dec 22

8-K

Investor Presentation Growing starts with knowing December 2022

5 Dec 22

EFFECT

Notice of effectiveness

22 Nov 22

CORRESP

Correspondence with SEC

9 Nov 22

Transcripts

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HYFM

Earnings call transcript

2022 Q4

9 Mar 23

HYFM

Earnings call transcript

2022 Q3

9 Nov 22

HYFM

Earnings call transcript

2022 Q2

10 Aug 22

HYFM

Earnings call transcript

2022 Q1

11 May 22

HYFM

Earnings call transcript

2021 Q4

2 Mar 22

HYFM

Earnings call transcript

2021 Q3

12 Nov 21

HYFM

Earnings call transcript

2021 Q2

13 Aug 21

HYFM

Earnings call transcript

2021 Q1

14 May 21

Latest ownership filings

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Kevin Patrick O'Brien

23 Mar 23

William Douglas Toler

ETF MANAGERS GROUP, LLC

Financial summary

Financial statements Chart HYFM financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	21.29 mm	21.29 mm	21.29 mm	21.29 mm	21.29 mm	21.29 mm
Cash burn (monthly)	(no burn)	591.08 k	10.01 mm	24.32 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	1.67 mm	28.30 mm	68.74 mm	n/a	n/a
Cash remaining	n/a	19.62 mm	-7.01 mm	-47.45 mm	n/a	n/a
Runway (months of cash)	n/a	33.2	-0.7	-2.0	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Hydrofarm earnings reports.

Institutional ownership, Q4 2022

HYFM institutional ownership history Ownership history

33.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	96	109	-11.9%
Opened positions	7	17	-58.8%
Closed positions	20	40	-50.0%
Increased positions	42	36	+16.7%
Reduced positions	33	34	-2.9%

13F shares	Current	Prev Q	Change
Total value	29.20 bn	38.78 mm	+75191.3%
Total shares	21.10 mm	19.94 mm	+5.8%
Total puts	85.90 k	116.00 k	-25.9%
Total calls	176.10 k	130.70 k	+34.7%
Total put/call ratio	0.5	0.9	-45.0%

Largest owners	Shares	Value	Change
BLK Blackrock	2.79 mm	$4.32 bn	+2.6%
Etf Managers	2.45 mm	$3.79 bn	+7.0%
Vanguard	1.70 mm	$2.64 bn	+4.8%
STT State Street	1.53 mm	$2.37 bn	NEW
Texas Capital Bank Wealth Management Services	1.12 mm	$1.74 bn	+21.8%
AdvisorShares Investments	1.07 mm	$1.66 bn	-21.4%
Wasatch Advisors	932.62 k	$1.45 bn	+52.1%
UBS UBS Group AG - Registered Shares	920.22 k	$1.43 bn	+2224.6%
Geode Capital Management	859.44 k	$1.33 mm	+15.0%
Renaissance Technologies	781.10 k	$1.21 mm	+5.1%

Largest transactions	Shares	Bought/sold	Change
Massachusetts Financial Services	0.00	-1.63 mm	EXIT
STT State Street	1.53 mm	+1.53 mm	NEW
UBS UBS Group AG - Registered Shares	920.22 k	+880.64 k	+2224.6%
Alyeska Investment	100.00 k	-824.82 k	-89.2%
T. Rowe Price Investment Management	773.47 k	+540.11 k	+231.5%
Wasatch Advisors	932.62 k	+319.61 k	+52.1%
AdvisorShares Investments	1.07 mm	-291.74 k	-21.4%
Merlin Capital	485.79 k	+248.83 k	+105.0%
Aqr Capital Management	261.87 k	+237.39 k	+969.8%
GS Goldman Sachs	48.34 k	-228.60 k	-82.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HYFM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Mar 23	O'Brien Kevin Patrick	Common Stock, $0.0001 par value per share	Payment of exercise	Dispose F	No	No	1.87	2,917	5.45 k	27,448
20 Mar 23	William Douglas Toler	Common Stock, $0.0001 par value per share	Payment of exercise	Dispose F	No	No	1.72	6,298	10.83 k	1,581,132
17 Mar 23	Bruce John Lindeman	Common Stock, $0.0001 par value per share	Payment of exercise	Dispose F	No	No	1.92	2,748	5.28 k	357,095
27 Feb 23	Mark S Parker	Common Stock, $0.0001 par value per share	Payment of exercise	Dispose F	No	No	2	563	1.13 k	75,331
27 Feb 23	Bruce John Lindeman	Common Stock, $0.0001 par value per share	Payment of exercise	Dispose F	No	No	2	1,093	2.19 k	359,843