Amazon & DTC Brand Acquisition:
M&A For Amazon FBA
Early mover in the wave of acquiring top Amazon and Ecommerce brands, with the goal of improving operations and products, and ultimately taking them to new levels of growth.
Why Amazon Aggregation?
- Can easily apply our current growth model to other industries
- Wide network, nationwide distribution, and an in-house digital marketing team to scale revenue rapidly
- First ever aggregator in the Public Markets
Vitamedica: Strategic Acquisition Into Nutraceuticals
Physician formulated products, recommended over 3000 doctors, serving over 1Mn patients.
Strategic Highlights:
- Top line and net income positive with $10Mn in total product sales
- Diversifies their health and wellness portfolio and marks entrance into Expanding Product Categories
Acquisition of InteractiveOffers(dot)com
Why It Matters:
- In-house advertising platform will help scale current and future brands.
- Lower and control lofty advertising costs.
- New advertising revenue from our immediate network of clients, and trade show partners.
- Growth of independent advertising business should increase shareholder value.
More from the company presentation here.
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And right now the company has 5 potential catalysts that could spark a near term breakout. Check them out:
No. 1 GRVI Potential Catalyst - A Low Float Profile
According to the Yahoo Finance website, GRVI has a low float.
The website reports this profile to have approximately 7.66Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term.
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No. 2 GRVI Potential Catalyst - Launching Of Branding Campaign For Upexi
Grove, Inc. Launches [...] Brand Awareness and Advertising Campaign for Amazon Aggregation Division, Upexi
HENDERSON, NV, March 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc. (NASDAQ:GRVI), a global innovator in health and wellness, announces the initial launch of a billboard campaign in 3 major cities throughout the nation aimed at driving submission traffic and awareness for Upexi, the company’s Amazon Brand Aggregator.
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Read the full article here.
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No. 3 GRVI Potential Catalyst - Company Completes First Part Of Share Repurchase Program
Grove Inc. Completes Initial Transactions in Program to Repurchase Up to 1Mn Shares
HENDERSON, NV, March 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"),Grove Inc., today announced that it has completed the first stage of its previously authorized program to repurchase up to 1Mn shares of its outstanding common st-ock through both the use of the Company's 10b5-1 plan and privately negotiated transactions.
The Company repurchased 467,765 shares at an average cost of approximately $4.22 per common share or ~$1.97Mn. These repurchases were made as part of the company’s repurchase program, which was announced on October 19, 2021. Grove will continue to review the authorized program and may repurchase up to an additional 500k shares.
“Grove continues to generate strong revenue growth, positive cash flow from operations and targets strategic acquisitions,” said Allan Marshall, CEO of Grove Inc. “We will continue to evaluate ways to bring our shareholders value for their in-vest-ment in the Company and our management team."
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Read the full article here.
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No. 4 GRVI Potential Catalyst - A Chart Heating Up Recently Potential Support Growing
GRVI has been heating up over the last 3-month stretch. Here's its chart:
