CSIMarket
 

Growlife Inc   (PHOT)

Growlife Inc 's

Competitiveness




 

PHOT Sales vs. its Competitors Q2 2023



Comparing the current results to its competitors, Growlife Inc reported Revenue decrease in the 2 quarter 2023 year on year by -53.19 %, faster than the overall decrease of Growlife Inc 's competitors by -49.95 %, recorded in the same quarter.

List of PHOT Competitors





Revenue Growth Comparisons




Net Income Comparison


Growlife Inc recorded a net loss, as well as most of its competitors.

<<  PHOT Stock Performance Comparisons


Growlife Inc 's Comment on Competition and Industry Peers


Certain large commercial cultivators have found themselves willing to assume their own equipment support by buying large volume purchased directly from certain suppliers and distributors such as Sunlight Supplies and HydroFarm. Other key competitors on the retail side consist of local and regional hydroponic resellers of indoor growing equipment. On the e-commerce business, GrowersHouse.com, Hydrobuilder.com, HorticultureSource.com and smaller online resellers using Amazon and eBay e-commerce market systems.



  

Overall company Market Share Q2 2023

Overall company, revenue fell by -53.19 % and company lost market share, to approximately 1.65 %.




<<  More on PHOT Market Share.
 
*Market share is calculated based on total revenue.





Publicly Traded Peers of Growlife Inc




Bots Inc
Share Performance



0.00%
This Year



Bots Inc
Profile

Bots Inc's business model is based on developing and selling sophisticated AI-powered chatbot solutions to businesses across various industries. They generate revenue through a combination of upfront sales, licensing fees, and ongoing maintenance and support services.

More about Bots Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19.322 mill. $ - mill. $ -61.740 mill.


Raven Industries Inc
Share Performance



+79.86%
This Year



Raven Industries Inc
Profile

Raven Industries Inc operates on a business model that focuses on developing and manufacturing high-performance, technology-enabled solutions in the areas of precision agriculture, high-altitude balloons, and engineered films. They aim to solve customer challenges through innovation, delivering value-added products and services to their target markets. By leveraging their expertise in these diverse sectors, Raven Industries strives to maintain a competitive edge and drive growth for the company.

More about Raven Industries Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,114.160 mill. $ 403.596 mill. $ 25.483 mill.


Unrivaled Brands Inc
Share Performance



-11.76%
30 Days



Unrivaled Brands Inc
Profile

Unrivaled Brands Inc's business model focuses on creating unique and unmatched brands in the market.

More about Unrivaled Brands Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7.249 mill. $ 29.110 mill. $ -0.828 mill.

Sources: Growlife Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Growlife Inc versus competitors, including market share analysis.
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