urban-gro, Inc. (NASDAQ:UGRO), a fully integrated architectural, engineering, and cultivation systems company focused on the indoor Controlled Environment Agriculture (CEA) market, reported record fourth-quarter and full-year financial results and provided full-year 2022 guidance.
“I am thrilled about our strong fourth-quarter results, which capped off a record full-year performance for urban-gro,” commented Bradley Nattrass, chairman, and CEO of urban-gro. “In 2021, we more than doubled the company from a revenue perspective, achieved positive Adjusted EBITDA, built our backlog to record levels, and expanded our integrated service model with the strategic acquisition of the architect firm, 2WR. We are in an ideal position to accelerate our momentum in the global CEA industry while simultaneously enhancing shareholder value."
