AppHarvest, Inc.
Materials · Agricultural Production-Crops · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | $14.6M | $9.1M | $0 |
| Operating income | −$173.8M | −$200.0M | −$16.5M |
| Net income | −$176.6M | −$166.2M | −$17.4M |
| Total assets | $595.3M | $554.1M | $180.9M |
| Total liabilities | $335.0M | $166.4M | $156.2M |
| Equity | $260.3M | $387.6M | $24.8M |
| EPS (diluted) | $-1.69 | $-1.74 | $-0.46 |
| Shares out. | 101.4M | 12.7M | 44.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −1190.9%
- Net margin
- −1210.6%
- Return on equity
- −67.9%
- Return on assets
- −29.7%
- Return on capital (ROCE)
- −31.5%
- Liabilities / assets
- 56.3%
- Debt / equity
- 1.29×
- Book value / share
- $2.57
- Revenue growth (YoY)
- 61.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -2.35distress
- Accruals / assets
- −15.2%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Completed an acquisition or disposition · Modified shareholder rights · Other material eventDec 5, 2023
- Regulation FD disclosureNov 28, 2023
- Regulation FD disclosureOct 27, 2023
- Completed an acquisition or disposition · Director / officer changeOct 5, 2023
- Entered a material agreement · Bankruptcy or receivershipSep 20, 2023
- Other material eventSep 13, 2023
- Entered a material agreement · Other material eventAug 4, 2023
- Entered a material agreement · New financial obligationJul 28, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.