urban-gro, Inc. (NASDAQ:UGRO) Q4 2023 Earnings Call Transcript

Ellis Acklin: I just wanted to hear whether you guys were banking on any sort of pick up in the equipment or anything that was going to improve the margins to get to that target. So that’s very helpful. I appreciate it.

Brad Nattrass: Thank you, Ellis. And I hope everything — Ellis, you’re in Germany right now. I hope everything looks smooth on Monday with the kickoff. Look forward to seeing you soon.

Operator: Thank you. We have reached the end of the question-and-answer session. And I will now turn the call over to management for closing remarks.

Brad Nattrass: Thanks, John. In closing, we’re — the management team, we’re disappointed in the quarter for sure, right? I’m the largest shareholder, I’m disappointed. But I’m also very confident, our model is strong, our company, fundamentals, they’re secure. Every negative — when you break down Q4 results, every negative is explainable, it’s tactical, none of the issues are tied to longer term issues. And that’s why we’re confident, extremely confident about the company’s ability to deliver strong positive adjusted EBITDA quarters this year. And it’s happened, can’t change it. We’re focused on the future and we know that we have to earn the credibility and the confidence from the market and doing just this, delivering. So thank you for your time today. And look forward to talking to you probably in a month for our Q1 earnings call. Have a nice evening.

Operator: This concludes today’s conference and you may disconnect your lines at this time. Thank you for your participation.