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Financial Snapshot

Revenue
TTM
$22.44M
Gross Margin
TTM
-456.18%
Net Income
TTM
-$179.6M
Current Assets
2023 Q1
Current Liabilities
2023 Q1
Current Ratio
2023 Q1
224.77%
Total Assets
2023 Q1
Total Liabilities
2023 Q1
Book Value
2023 Q1
$268.7M
Cash
2023 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$71.50M

Stock Price

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Market Cap: $155.11 Thousand

About AppHarvest, Inc.

AppHarvest, Inc. engages in the development of indoor farms. The company is headquartered in Lexington, Kentucky and currently employs 500 full-time employees. The company went IPO on 2020-05-15. The firm is engaged in developing and operating indoor farms with robotics and artificial intelligence to build a climate-resilient food system. The firm combines conventional agricultural techniques to access nutritious food, farming and build a domestic food supply. The firm operates its 60-acre flagship farm in Morehead, Kentucky (AppHarvest Morehead), producing tomatoes; a 15-acre indoor farm for salad greens in Berea, Kentucky (AppHarvest Berea); a 30-acre farm for strawberries and cucumbers in Somerset, Kentucky (AppHarvest Somerset), and a 60-acre farm in Richmond, Kentucky (AppHarvest Richmond), for tomatoes. The four-farm network consists of approximately 165 acres under glass. The company operates four controlled environmental agriculture facilities which include a hybrid lighting system, an advanced closed-loop irrigation system, and integrated pest management.

Industry: Agricultural Production-Crops Peers: Alico Inc Archer-Daniels-Midland Co CHS Inc Global Clean Energy Holdings, Inc. Golden Growers Cooperative Local Bounti Corp Limoneira Co

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