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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

AppHarvest, Inc. (NOVS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K8-K8-K
Revenues  14.69.10.00.0
            Revenue growth  61.2%   
Cost of goods sold  57.041.90.00.0
Gross profit  -42.4-32.90.00.0
            Gross margin  -290.6%-363.4%  
Selling, general and administrative  81.3107.216.52.7
Other operating expenses  -10.1   
EBITDA   [+]-97.3-129.3-16.3-2.7
            EBITDA margin  -666.6%-1429.2%  
Depreciation  16.410.10.20.0
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%  
Non-recurring items   [+]60.259.9  
Other income (expense), net   [+]-0.434.8-1.00.0
Pre-tax income  -174.1-165.2-17.4-2.7
Income taxes  2.51.00.00.0
            Tax rate     0.0%
Net income  -176.6-166.2-17.40.0
            Net margin  -1210.6%-1836.3%  
   
Basic EPS   [+]($1.69)($1.74)($0.42) 
Diluted EPS   [+]($1.69)($1.74)($0.42) 
   
Shares outstanding (basic)   [+]104.895.641.6 
Shares outstanding (diluted)   [+]104.895.641.6 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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