Grove Investor Presentation Deck
Grove Is the Leading Digitally Enabled Brand in HPC
3.
4.
BRAND HIGHLIGHTS
CLEAR WINNER IN NEXT-GEN HPC
#1 Brand awareness among zero-plastic brands (1)
Largest lifetime DTC customer base in the category
CATEGORY LEADER IN SUSTAINABLE PACKAGING
>25MM concretrate system units sold to date
67% of Net Revenue meeting Beyond Plastic ™M standard
40% of our products were reusable or refillable in 2022
Grove customers have prevented >5 million lbs of plastic waste (²)
TIP OF SPEAR ON ESG + IMPACT BUSINESS MODEL
Certified B-Corp since 2014 + Public Benefit Corp
Carbon Neutral Certified; Plastic Neutral since 2020
Exceeded goal of planting 1 million trees in the U.S. in 2022
Scalable, ethical and sustainable supply chain practices for all partner
facilities
Notes:
1.
Grove consumer awareness survey, 2H 2021
2. Includes nature and ocean-bound plastic waste from our environment through our plastic neutral partners
As of June 30, 2023
Beyond Plastic refers to either zero-plastic, re-usable, or refillable and zero plastic waste products
KEY STATS
#1
Brand in plastic free home care in the US in
market share, awareness, and assortment
32%
2018-2022A Revenue CAGR
>1.1MM
LTM Active DTC Purchasers
(3)
5,000+
(3)
Retail Doors (>2x growth y/y)
51.9%
Q2 2023 GAAP Gross Margin
67%
of Net Revenue meeting
Beyond Plastic TM sta dard
(3) (4)
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