UGRO · NASDAQ · Broadcasting

urban-gro (UGRO)

Public sports media platform built around cricket rights, production, and fan experiences.

$3.86
vs last close+0.74 (+23.72%)
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urban-gro, Inc.UGRO
Communication Services

urban-gro is a Nasdaq-listed company that shifted from controlled environment agriculture services to sports, media, and experiential marketing after its Flash Sports & Media merger. Its current operating focus is cricket, including live event production, media rights, sponsorship, ticketing, and branded fan experiences through IPG and the Lanka Premier League.

urban-gro, Inc. is a small Nasdaq-listed company that has materially changed its business profile. Founded as a controlled environment agriculture services and equipment integrator, it wound down legacy service operations in 2025 and completed a merger with Flash Sports & Media in February 2026. The company now operates its sports and media business under the Flash brand, focused on live events, original content, media distribution, sponsorship, ticketing, and branded fan experiences.

Its core operating subsidiary, IPG, is a UAE-based cricket production and rights company tied to the Lanka Premier League and additional league rights in markets such as Singapore, Malaysia, Zimbabwe, and Kuwait. The model depends on maintaining event rights, securing broadcasters, sponsors, franchises, and partners, and sustaining Nasdaq listing compliance after a recent restructuring.

Company facts

CEOBradley Nattrass
ListedNov 14, 2019
ExchangeNASDAQ
HeadquartersLafayette, CO
CountryUnited States
Employees134
CIK0001706524
ISINUS91704K3014

Market cap$2.3M
EPS (ttm)−$29.24
P/E (ttm)−0.1320
ROE
P/B0.0186
P/S0.8009
Dividend yieldDiv yield
Beta4.84vs XLC −0.79

No analyst consensus on record.

EPSReportedEstimate

Aug '24Dec '24Feb '25Jun '25Aug '25Jan '26Feb '26May '26
Reported−$0.13−$0.05−$5.50−$7.75−$0.12−$31.25−$9.48−$6.11
Estimate−$0.12−$0.09−$0.12−$0.17−$1.25−$1.00−$2.75
Surprise−4.2%+44.4%−4,483.3%−4,458.8%+90.4%−3,025.0%−244.7%

RevenueReportedEstimate

Aug '24Dec '24Feb '25Jun '25Aug '25Jan '26Feb '26May '26
Reported$17.5M$25.8M$17.5M$9.5M$7.8M$2.4M$484.2K
Estimate$18.6M$18.6M$18.6M$16.1M$19.6M$20.8M$21.2M
Surprise−6.1%+38.6%−6.1%−40.8%−60.4%−88.5%−97.7%
Estimate
Reported−$6.11
Estimate
Reported
View details

Debt to equity2.60%
Current ratio14.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$9.9M−$3.4M$0$7.8M$2.4M$484.2K$0$44.3K
Net income−$3.8M−$27.6M−$4.0M−$6.2M−$4.8M−$7.0M−$3.2M−$7.9M
Net margin0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$3.5M−$27.3M−$618.9K−$6.0M−$2.2M−$5.8M−$2.1M−$6.5M
YoY growthLoss widenedLoss widenedLoss narrowedLoss widenedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $2.4M · Total debt $3.2M · Total assets $266.0M · Shareholders' equity $125.2M

Revenue
$44.3K
Operating income
−$6.5M
Net income
−$7.9M
View details

No dividends on record.

Institutions≥ 0.14%80.8K shares
14 holders · as of Jun 30, 2026
Other≤ 99.86%56.64M shares
remainder

56.72M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (56.72M in the company's Sep 23, 2026 report, 604.2K elsewhere); stakes use the report.

Institutional filings for FLZH (100% of the company) are not on file here, so the institutional figure is a floor.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
HRT Financial LPInstitution
0.04%22,683as of Jun 30, 2026
Virtu Financial LLCInstitution
0.04%22,005as of Jun 30, 2026
Morgan StanleyInstitution
0.02%11,165as of Jun 30, 2026
Citadel Advisors LLCInstitution
0.02%11,110as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
0.01%7,614as of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.