AppHarvest, Inc. (NOVS) [Rocket]

Overview

AppHarvest, Inc. (NOVS)

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Recent News + Filings (All items)

Date Filed	Type	Description
10/05/2023	8-K	Completion of Acquisition or Disposition of Assets, Departure of Directors or Certain Officers; Election of Directors; Appoin...
08/04/2023	8-K	Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits  Interactive Data
07/28/2023	8-K	Quarterly results
07/24/2023	8-K	Quarterly results
07/20/2023	3	Form 3 - Initial statement of beneficial ownership of securities:
07/17/2023	8-K	Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arran...
07/11/2023	8-K	Quarterly results

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
Revenues	14.6	9.1	0.0	0.0
Revenue growth	61.2%
Cost of goods sold	57.0	41.9	0.0	0.0
Gross profit	-42.4	-32.9	0.0	0.0
Gross margin	-290.6%	-363.4%
Selling, general and administrative	81.3	107.2	16.5	2.7
EBITA	-113.6	-139.4	-16.5	-2.7
EBITA margin	-778.6%	-1540.5%
Amortization of intangibles		0.7
EBIT	-113.6	-140.1	-16.5	-2.7
EBIT margin	-778.6%	-1548.4%
Pre-tax income	-174.1	-165.2	-17.4	-2.7
Income taxes	2.5	1.0	0.0	0.0
Tax rate				0.0%
Net income	-176.6	-166.2	-17.4	0.0
Net margin	-1210.6%	-1836.3%

Diluted EPS	($1.69)	($1.74)	($0.42)
Shares outstanding (diluted)	104.8	95.6	41.6

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.