{ "docId": "019de077-595b-716f-9185-9d69c349b38b", "docSlug": "c4c34453ed0e65e40eaa29c595b3cd26", "documentTitle": "Grove | Investor Presentation Deck | 35 slides", "authorId": "grove", "authorName": "Grove Collaborative", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-11-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 2, "pageCount": 35, "prevPage": 1, "nextPage": 3, "slideType": "disclaimer", "function": "other", "density": "dense", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de077-595b-716f-9185-9d69c349b38b/2", "deckHref": "/decks/019de077-595b-716f-9185-9d69c349b38b", "deckJsonHref": "/decks/019de077-595b-716f-9185-9d69c349b38b.json", "deckAnchorHref": "/decks/019de077-595b-716f-9185-9d69c349b38b#slide-2", "components": [ { "bbox": { "h": 0.022, "w": 0.214, "x": 0.029, "y": 0.148 }, "kind": "paragraph", "text": "Forward-Looking Statements", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "31bed95f-536e-4749-94d3-396214134ccb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.022, "w": 0.172, "x": 0.029, "y": 0.715 }, "kind": "paragraph", "text": "Non-GAAP Information", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "795ca44e-2e52-4556-bcb3-ac1d655aa029", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.485, "w": 0.942, "x": 0.029, "y": 0.198 }, "kind": "paragraph", "text": "Certain statements included in this presentation are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than statements about historical fact. The forward looking statements in this presentation include, but are not limited to, statements regarding sequential revenue growth in the fourth quarter of 2024, adjusted EBITDA profitability for 2024, revenue and adjusted EBITDA expectations for 2024, being term debt free heading into 2025, Shopify replatforming expected completion by the first quarter of 2025, future SKU count, future average order value, future addition of products and opportunity for expansion, wellness as a next generation shopping occasion, unit economic growth, customer experience transformation, continuing momentum in VMS and the impact of customer experience changes. These forward-looking statements are subject to a number of risks and uncertainties, and you should not rely upon the forward-looking statements as predictions of future events. The future events and trends discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Grove cannot guarantee that future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. Except as required by law, Grove disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. The forward-looking statements are subject to a number of risks and uncertainties, including: changes in business, market, financial, political and legal conditions; risks relating to the uncertainty of the projected financial information; Grove's ability to successfully expand its business; competition; the uncertain effects of the COVID-19 pandemic; risks relating to growing inflation and rising interest rates; and those factors discussed in documents of Grove filed, or to be filed, with the U.S. Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements should not be relied upon as representing Grove's assessments as of any date subsequent to the date of this presentation.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a1bae04f-3bd1-4ccc-8744-a83a7b2771af", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.135, "w": 0.942, "x": 0.029, "y": 0.755 }, "kind": "paragraph", "text": "Grove uses certain non-GAAP measures in this presentation including Adjusted EBITDA. Grove believes the presentation of its non-GAAP financial measures enhances investors' overall understanding of the company's historical performance. The presentation of the non-GAAP financial measures is not meant to be considered in isolation or as a substitute for the company's financial results prepared in accordance with GAAP, and the company's non-GAAP measures may be different from non-GAAP measures used by other companies. Reconciliations of these non-GAAP financial measures to the most comparable GAAP measures, may be found in the Supplemental Materials at the end of this presentation.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f47ed236-62c1-447c-80b1-a2ea32970751", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.045, "w": 0.632, "x": 0.184, "y": 0.033 }, "kind": "title", "text": "Safe Harbor Statement/Non-GAAP Measures", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4b2f3c8d-bd92-4345-90bd-425f44df1c11", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }