AppHarvest Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Public

  • Employees
  • 212

Employees

  • Investments
  • 3

  • Share Price
  • $0.06
  • (As of Thursday Closing)

AppHarvest General Information

Description

AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in developing and operating controlled environment indoor farms.

Contact Information

Formerly Known As
Novus Capital
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Horticulture
Other Industries
Cultivation
Corporate Office
  • 500 Appalachian Way
  • Morehead, KY 40351
  • United States

AppHarvest Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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AppHarvest Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.06 $0.05 $0.02 - $3.16 $10.9M 155M 1.85K -$1.63

AppHarvest Financials Summary

In Thousands,
USD
TTM 31-Mar-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 331,656 212,668 268,981
Revenue 22,439 14,592 9,050 0
EBITDA (153,687) (157,785) (153,745) (15,840)
Net Income (179,641) (176,646) (166,186) (17,448)
Total Assets 609,804 595,328 554,064 180,917
Total Debt 291,198 291,151 136,346 149,548
Public Fundamental Data provided by Morningstar, Inc. disclaimer

AppHarvest Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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AppHarvest Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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AppHarvest Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in de
Horticulture
Morehead, KY
212 As of 2023
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Aurora, CO
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Ringgold, VA
000 As of 0000
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AppHarvest Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kalera (Munich) Private Equity-Backed Aurora, CO 000 00000 000000000000
AeroFarms Venture Capital-Backed Ringgold, VA 000 000.00 00000000000 000.00
You’re viewing 2 of 2 competitors. Get the full list »

AppHarvest Patents

AppHarvest Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-2620073-A Robotic fruit harvesting system Pending 02-Apr-2021 000000000 0
AU-2021230531-A1 Gripper tools for object grasping, manipulation, and removal Pending 02-Mar-2020 000000000
EP-4114166-A1 Gripper tools for object grasping, manipulation, and removal Pending 02-Mar-2020 000000000
CA-3169956-A1 Gripper tools for object grasping, manipulation, and removal Pending 02-Mar-2020 000000000
EP-4114166-A4 Gripper tools for object grasping, manipulation, and removal Pending 02-Mar-2020 A01D46/30 0
To view AppHarvest’s complete patent history, request access »

AppHarvest Executive Team (17)

Name Title Board Seat Contact Info
Loren Eggleton Chief Financial Officer
Kristi Putnam Chief People Officer
Jonathan Webb Founder and Co-Chief Strategy Officer
You’re viewing 3 of 17 executive team members. Get the full list »

AppHarvest Board Members (15)

Name Representing Role Since
David Lee Self Board Member 000 0000
Greg Couch Self Board Member 000 0000
Hollie Phillips AppHarvest Board Member 000 0000
J. Willis Self Chairman & Board Member 000 0000
Jeffrey Ubben ValueAct Capital Management Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

AppHarvest Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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AppHarvest Investments & Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Iyris 15-Aug-2021 0000 00000 000.00 Horticulture
Root AI 07-Apr-2021 0000000000 000.00 Other Hardware 00000000
Novus Capital (Indianapolis) 29-Jan-2021 Merger/Acquisition 00000 Special Purpose Acquisition Company (SPAC) 00000000
To view AppHarvest’s complete investments and acquisitions history, request access »

AppHarvest ESG

Risk Overview

Risk Rating

Updated May, 18, 2023

41.55 | Severe Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,842

Rank

00.00

Percentile

Food Products

Industry

00 of 629

Rank

00.00

Percentile

Agriculture

Subindustry

00 of 110

Rank

00.00

Percentile

To view AppHarvest’s complete esg history, request access »

AppHarvest FAQs

  • When was AppHarvest founded?

    AppHarvest was founded in 2018.

  • Who is the founder of AppHarvest?

    Jonathan Webb is the founder of AppHarvest.

  • Where is AppHarvest headquartered?

    AppHarvest is headquartered in Morehead, KY.

  • What is the size of AppHarvest?

    AppHarvest has 212 total employees.

  • What industry is AppHarvest in?

    AppHarvest’s primary industry is Horticulture.

  • Is AppHarvest a private or public company?

    AppHarvest is a Public company.

  • What is the current stock price of AppHarvest?

    As of 24-Aug-2023 the stock price of AppHarvest is $0.06.

  • What is the current market cap of AppHarvest?

    The current market capitalization of AppHarvest is $10.9M.

  • What is AppHarvest’s current revenue?

    The trailing twelve month revenue for AppHarvest is $22.4M.

  • Who are AppHarvest’s competitors?

    Kalera (Munich) and AeroFarms are competitors of AppHarvest.

  • What is AppHarvest’s annual earnings per share (EPS)?

    AppHarvest’s EPS for 12 months was -$1.63.

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