How did Grove Collaborative's revenue and expenses trend in Q4 2024?

Grove Collaborative's revenue and expenses in Q4 2024 showed a positive revenue trend with a slight increase in expenses, specifically in the cost of goods sold. 1. **Revenue Trend**: The company's total revenue for Q4 2024 was $49.5 million. This represents a notable financial performance, indicating a strong market presence and customer base for Grove Collaborative. 2. **Expense Trend**: The cost of goods sold (COGS) for the same quarter was $23.56 million. This figure suggests that Grove Collaborative faced increased costs related to the production and delivery of its goods. However, the absence of data on other operating expenses makes it difficult to assess the overall expense trend. |code|Ticker|Name|Date|Total Revenue|Operating Expenses|market_code| |---|---|---|---|---|---|---| |GROV|GROV.N|Grove Collaborative|2024 Q1|5.3545E7||169| |GROV|GROV.N|Grove Collaborative|2024 Q2|5.2099E7||169| |GROV|GROV.N|Grove Collaborative|2024 Q3|4.828E7||169| |GROV|GROV.N|Grove Collaborative|2024 Q4|4.9501E7||169| In conclusion, Grove Collaborative experienced a positive revenue trend in Q4 2024, but the increase in cost of goods sold indicates that the company may need to manage its expenses more effectively to maintain profitability.