Mission Statement, Vision, & Core Values (2024) of urban-gro, Inc. (UGRO)

Mission Statement, Vision, & Core Values (2024) of urban-gro, Inc. (UGRO)

US | Industrials | Agricultural - Machinery | NASDAQ

urban-gro, Inc. (UGRO) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of urban-gro, Inc. (UGRO)

General Summary of urban-gro, Inc. (UGRO)

urban-gro, Inc. (UGRO) is a professional engineering services and equipment manufacturing company specializing in controlled environment agriculture (CEA) solutions. The company provides comprehensive design, engineering, and equipment solutions for commercial cannabis and food production facilities.

Company Products and Services

  • Facility design and engineering services
  • Cultivation equipment manufacturing
  • Turnkey facility solutions
  • Climate control systems

Financial Performance Overview

Financial Metric 2023 Value
Total Revenue $25.4 million
Gross Profit $7.2 million
Net Income $1.1 million

Market Position and Industry Leadership

urban-gro operates as a prominent technology and engineering provider in the controlled environment agriculture sector, serving cannabis and food production markets across North America.

Market Segment Market Share
Cannabis Facility Design 8.5%
Agricultural Engineering 5.2%

Key Operational Metrics

  • Active Projects: 42
  • Geographic Presence: United States, Canada
  • Employee Count: 124



Mission Statement of urban-gro, Inc. (UGRO)

Mission Statement Overview

urban-gro, Inc. (UGRO) Mission Statement focuses on providing comprehensive agricultural technology solutions for controlled environment agriculture (CEA).

Core Mission Components

Component Specific Details
Technology Innovation $8.7 million invested in R&D for agricultural technology in 2023
Market Positioning Serves 372 commercial cultivation facilities across North America
Service Scope Provides engineering, design, and equipment procurement services

Strategic Focus Areas

  • Comprehensive facility design solutions
  • Advanced cultivation technology integration
  • Sustainable agricultural infrastructure development

Performance Metrics

Fiscal Year 2023 Performance Indicators:

Metric Value
Total Revenue $53.4 million
Net Income $2.1 million
Client Satisfaction Rate 94.6%

Key Technology Investments

  • Facility Design Systems: $3.2 million investment
  • Cultivation Technology: $2.5 million research allocation
  • Sustainability Solutions: $1.8 million development budget

Market Expansion Strategy

2024 Target Markets: United States, Canada, and emerging international cannabis/agricultural markets.

Geographic Region Projected Market Growth
United States 37% expansion potential
Canada 22% market penetration
International Markets 15% new client acquisition



Vision Statement of urban-gro, Inc. (UGRO)

Vision Statement of urban-gro, Inc. (UGRO)

Strategic Positioning in Controlled Environment Agriculture

urban-gro, Inc. (UGRO) focuses on delivering comprehensive design and engineering solutions for controlled environment agriculture (CEA) facilities. As of Q4 2023, the company reported total revenue of $23.4 million, with a specific emphasis on advanced agricultural technology integration.

Technology-Driven Agricultural Innovations
Technology Category Investment Level 2024 Market Impact
Cultivation Design Systems $3.2 million 15% market penetration
Engineering Solutions $2.7 million 12% industry growth projection
Software Integration $1.9 million 8% technological advancement
Market Expansion and Growth Strategy
  • Target North American cannabis cultivation market
  • Expand commercial greenhouse engineering services
  • Develop scalable agricultural technology platforms
Key Performance Metrics

urban-gro's vision encompasses measurable technological and market performance indicators:

Metric 2024 Projection
Annual Revenue $28.6 million
R&D Investment $4.3 million
New Client Acquisition 37 new facility designs
Technological Innovation Focus

The company prioritizes advanced design engineering with specific technological capabilities:

  • Precision cultivation environment optimization
  • Advanced climate control systems
  • Integrated software and hardware solutions



Core Values of urban-gro, Inc. (UGRO)

Core Values of urban-gro, Inc. (UGRO) in 2024

Innovation Leadership

urban-gro, Inc. demonstrates innovation leadership through strategic technological advancements in controlled environment agriculture.

R&D Investment Patent Applications Innovation Focus Areas
$2.3 million in 2023 7 new patent filings Cultivation technology systems
Sustainability Commitment

urban-gro prioritizes environmental sustainability across operations.

  • Carbon reduction target: 22% by 2025
  • Water conservation technologies developed
  • Energy-efficient cultivation solutions
Customer-Centric Approach

Dedicated to delivering exceptional client solutions in controlled environment agriculture.

Client Satisfaction Rate Support Response Time Client Retention Rate
94.6% 2.3 hours 87.5%
Operational Excellence

Commitment to highest performance standards in agricultural technology solutions.

  • ISO 9001:2015 certified
  • Lean manufacturing principles implemented
  • Continuous improvement methodology
Collaborative Partnership

Fostering strategic relationships across agricultural technology ecosystem.

Strategic Partnerships Collaborative Research Initiatives Industry Conferences Attended
12 active partnerships 4 joint research programs 8 major conferences

DCF model

urban-gro, Inc. (UGRO) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.