RENOVARE ENVIRONMENTAL, INC. (RENO) [Rocket]

Overview

RENOVARE ENVIRONMENTAL, INC. (RENO)

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1m \| 3m \| 6m \| 1y \| 2y \| 5y \| 10y

Recent News + Filings (All items)

Date Filed	Type	Description
02/02/2023	8-K	Quarterly results
10/07/2022	8-K	Appointed a new director
09/21/2022	8-K	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
09/14/2022	25-NSE	Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities:
09/13/2022	8-K	Entry into a Material Definitive Agreement, Unregistered Sales of Equity Securities, Material Modifications to Rights of Secu...
08/16/2022	NT 10-Q	Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB:
06/30/2022	10-Q	Quarterly Report for the period ended March 31, 2022

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
Revenues	12.3	5.9	4.2	3.4	2.4	2.2	1.5	1.5
Revenue growth	110.0%	39.3%	25.6%	38.7%	7.9%	48.2%	-0.4%	-55.9%
Cost of goods sold	0.0	0.0	0.1	0.0	1.7	4.9	3.5	1.4
Gross profit	12.3	5.9	4.1	3.3	0.7	-2.7	-1.9	0.2
Gross margin	100.0%	100.0%	96.7%	99.5%	30.3%	-118.2%	-127.9%	10.0%
Selling, general and administrative	6.7	8.6	7.1	6.7	7.2	5.5	4.1	2.8
Research and development						0.9	0.7	0.6
General and administrative						1.3	1.2	0.6
EBITA	-6.8	-10.7	-8.1	-5.6	-6.5	-5.8	-4.6	-3.2
EBITA margin	-55.4%	-181.7%	-190.9%	-168.2%	-268.0%	-259.7%	-304.5%	-212.8%
Amortization of intangibles	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1
EBIT	-6.9	-10.7	-8.1	-5.7	-6.6	-5.9	-4.7	-3.4
EBIT margin	-55.6%	-182.0%	-191.9%	-170.8%	-271.8%	-264.1%	-312.2%	-222.1%
Pre-tax income	-24.3	-15.7	-10.3	-14.7	-8.4	-6.7	-5.0	-3.7
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-23.8	-12.3	-8.8	-15.2	-8.4	-6.7	-5.0	-3.7
Net margin	-192.4%	-210.0%	-207.4%	-451.4%	-344.9%	-300.7%	-330.4%	-243.4%

Diluted EPS	($0.86)	($0.62)	($0.56)	($1.11)	($0.98)	($0.82)	($0.68)	($0.56)
Shares outstanding (diluted)	27.7	19.9	15.7	13.6	8.5	8.2	7.3	6.6

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