BrightFarms grows fresh baby greens for local grocery stores, emphasizing clean and pesticide-free produce.

Ted Caplow

Paul Lightfoot

BrightFarms

GP Solutions is a software development company that provides various services including dedicated development teams, web application and enterprise software development, mobile application development, and custom software development. The company also offers business analysis and discovery, testing services, and product engineering.

GP Solutions

Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.

Hydrofarm Holdings Group, Inc.

IronOx Limited is a steel fabrication company offering diversified design, manufacturing, and installation services, primarily for the oil and gas industries. It provides services in fabrication, welding, blasting and painting, scaffolding, project personnel, and equipment rental.

IronOx Limited

BrightFarms grows fresh greens that are pesticide-free and delivered to grocery stores, as described by the company.

BrightFarms | 24,234 followers on LinkedIn. Grown for Locals | BrightFarms grows local produce, nationwide. BrightFarms eliminates time, distance, and costs from the food supply chain by financing, building, and operating local greenhouse farms in partnership with supermarkets, cities, capital sources, and vendors. BrightFarms has created a scalable model for the future of sustainable, local farming, using far less energy, land, and water than long distance, centralized, and field grown agriculture.

Steve Campione

Abby Craig Prior

Enterprise Project Portfolio Management

Andra Beddia Schwab

Project Management Office

Kathryn (Katie) Connors

Last month, we opened the doors to our Yorkville, Illinois greenhouse – our largest and most state-of-the-art greenhouse to date. Fully automated and climate controlled, this IS the future of agriculture. Today we celebrate all the work our BrightFarmers have been doing to make this dream of ours a reality, offering a sneak peek into what makes this new greenhouse so incredible! Special thank you to the United City of Yorkville for welcoming us into the community. To all those in the Chicago and greater Midwest region, please go out and find BrightFarms in a store near you! Watch here: https://lnkd.in/giFtvcad

We’re feeling energized and excited after another successful International Fresh Produce Association Global Produce & Floral Expo. Our team had incredible week showcasing our expansion including behind-the-scenes footage of our newly opened Yorkville IL greenhouse, and speaking to our TX and GA facilities that are just about ready to open their doors, as well as highlighting the importance of Cox Farms in bringing our vision to life. Thanks to those who stopped by to say hello – we’ll see you next year in Anaheim! #GPFS24

That’s a greenhouse-grown, lettuce wrap! 🥬 We had a fantastic time showcasing the innovative ways we’re growing fresh produce 365 days a year with sustainability in mind at IFPA's Global Produce and Floral Show 2024 ! The energy at the show and delicious food (with a menu curated by Chef Marcus Samuelsson at our reception made the event truly unforgettable. Cox Farms’ president, Steven Bradley , also engaged in an insightful conversation with Chef Samuelsson and The Atlanta Journal-Constitution 's Ligaya Figueras . Thank you to all participants and attendees for making it a memorable experience. Stay tuned for key takeaways from the conversation and discover more about Cox Farms: https://bit.ly/3NCmUfb . #GPFS2024 #sustainableagriculture Mucci Farms BrightFarms

Cox Farms

We’re heading down to the International Fresh Produce Association 's Global Produce & Floral Show in Atlanta! With three new greenhouse hubs, fresh Crunch Kits ready to sample, and our biggest year yet, BrightFarms is growing like never before. 🌿 Catch us at booth #B551 to see how we’re transforming indoor farming and bringing fresh, sustainable greens coast-to-coast. Don’t miss the chance to taste the difference for yourself! #GPFS2024 #CEA #SaladKits

At BrightFarms, the strength of our company is in our people. While Hurricane Helene had minimal physical impact to our Hendersonville, NC greenhouse, the destruction of the storm left widespread devastation to our surrounding Hendersonville, NC community, including the homes of many of our team members. We are grateful for the immediate and swift support of Cox Enterprises and Cox Farms who quickly mobilized a truck of supplies to support all those affected, in addition to the BrightFarmers who have raised thousands of dollars to support their very own. BrightFarmers across the company have also banded together to leverage the power of our network to ensure our customers continue to get leafy greens every day. a further testament to the resiliency and commitment our people have to our mission. In times like these, we recognize the importance of coming together to rebuild and restore our communities. To all those working tirelessly to restore power and hope in the affected areas, we honor your efforts knowing they are making a difference. 💚

Last month, our BrightLeaders team met to strategize and plan for closing out 2024. With 3 new greenhouse opening within just a span of a few months, the team was energized and excited for the challenge, while also taking time to celebrate this monumental milestone. We are grateful for all the BrightFarmers who have helped us get to this point, and all of those who helped support us in the process.💚 #BrightFarms #Leadership #CEA

Reflecting back on a successful Wakefern Food Corp. Showcase! We are excited to continue our partnership with a group dedicated to bringing fresh salads to all. 🌱 #BrightFarms #WakefernShowcase #CEA

Hey Chicago – BrightFarms is bigger and better than ever. We’re thrilled to announce the opening of our largest and most state-of-the-art greenhouse in Yorkville, Illinois providing fresh, pesticide free leafy greens to the Chicagoland and Midwest. This farm is just the first of 3 greenhouses to open before the end of the year, tripling our capacity to supply our retailers and consumers with the highest quality greens. Thank you to the Chicago Tribune for featuring our expansion and its meaning to the local area. Read more about our latest opening here: https://bit.ly/3zswtd3

Exciting news! We’re thrilled to share that our Mediterranean and Southwest Chipotle Crunch Kits have been recognized as winners of the 2024 Progressive Grocer Editors’ Picks Awards! 🏆 These awards celebrate products that stand out for innovation, functionality, value, and packaging design, and we’re proud to be acknowledged for our dedication to providing healthy, convenient options for our busy consumers to enjoy. A huge congratulations to our team for this achievement, and thank you to Progressive Grocer for the recognition! Check out the full list of this year’s incredible winners here: https://lnkd.in/g_BhBgXQ #CEA #SaladKits #ProgressiveGrocer

We're excited to be part of the Wakefern Food Corp. Showcase on September 18-19, at booth #713! If you’re at the show, come by and learn about our convenient Crunch Kit salads and fresh basil. #BrightFarms #WakefernShowcase #CEA

Metric
Company Name	BrightFarms	GP Solutions	Hydrofarm Holdings Group, Inc.	IronOx Limited
Symbol			HYFM
MSH ID	COM:BRIGHTFARMS	COM:GPSOLUTIONS	COM:HYDROFARM	COM:IRONOXLTD
Market	PRIVATE	PRIVATE	STOCKS	PRIVATE
Sector	Consumer Goods	Technology	Industrials	Capital Goods & Industrials
Industry	Agriculture	Software Development	Agricultural - Machinery	Manufacturing
Country	US	US	US	US
Stage
Employee Count	251	251	369
Website	brightfarms.com	gpsolutions.com	hydrofarm.com	ironoxltd.com
LinkedIn	brightfarms		hydrofarmllc
Founders

Metric
Market Cap			30.93M
Enterprise Value
Monthly Web Traffic	2.68K	46.39K
Web Traffic Growth	-0.00	34.65
Valuation
Raised Capital

Metric
Revenue			226.58M
Revenue (LTM)
Revenue (NTM)
Gross Profit			23.92M
EBITDA			-6.36M
Operating Income			-38.43M
Net Income			-64.81M
EPS			-1.42
Diluted EPS			-1.42
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			0.14
Operating Profit Margin			-0.20
EBITDA Margin			-0.03
Net Profit Margin			-0.28
Return on Equity			-0.20
Return on Assets			-0.12
Return on Capital Employed			-0.09

BRIG

COM:BRIGHTFARMS

BrightFarms

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			-0.51
P/B Ratio			0.14
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			0.19
EV Multiple			7.06

Metric
Days Sales Outstanding			25.87
Days Payables Outstanding			22.41
Days Inventory Outstanding			141.88
Operating Cycle			174.78
Cash Conversion Cycle			145.48
Asset Turnover			0.45

Metric
Operating Cash Flow			7.04M
Free Cash Flow			2.83M
Cash Flow to Debt			0.11
Operating Cash Flow/Sales			0.06
Free Cash Flow Yield			0.23

Metric
Cash & Equivalents			30.31M
Accounts Receivable			766K
Inventory			75.35M
Goodwill
Debt to Capitalization			0.41
Debt to Assets			0.36
Current Ratio			3.78
Quick Ratio			1.49

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.02
R&D to Revenue
SG&A to Revenue