See more : National Rural Utilities Cooper (NRUC) Income Statement Analysis – Financial Results
Complete financial analysis of Nextracker Inc. (NXT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Nextracker Inc., a leading company in the Solar industry within the Energy sector.
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Nextracker Inc. (NXT)
About Nextracker Inc.
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 2.50B | 1.90B | 1.46B | 1.20B | 1.17B | 660.74M |
| Cost of Revenue | 1.69B | 1.62B | 1.31B | 963.64M | 958.38M | 611.71M |
| Gross Profit | 813.05M | 286.97M | 147.03M | 231.98M | 212.91M | 49.03M |
| Gross Profit Ratio | 32.52% | 15.09% | 10.09% | 19.40% | 18.18% | 7.42% |
| Research & Development | 42.36M | 21.62M | 14.18M | 13.01M | 8.64M | 8.56M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.80M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 35.51M |
| SG&A | 183.57M | 96.87M | 66.95M | 60.44M | 55.36M | 39.31M |
| Other Expenses | 0.00 | 2.43M | -765.00K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 225.93M | 118.49M | 81.12M | 73.45M | 64.00M | 47.87M |
| Cost & Expenses | 1.91B | 1.73B | 1.39B | 1.04B | 1.02B | 659.57M |
| Interest Income | 0.00 | 1.83M | 34.00K | 20.00K | 24.00K | 227.00K |
| Interest Expense | 13.82M | 1.83M | 799.00K | 502.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 4.36M | 4.63M | 11.20M | 16.81M | 17.70M | 18.50M |
| EBITDA | 591.48M | 174.55M | 76.31M | 175.34M | 166.85M | 19.67M |
| EBITDA Ratio | 23.66% | 9.10% | 5.29% | 14.67% | 14.25% | 2.98% |
| Operating Income | 587.12M | 168.49M | 65.91M | 158.53M | 148.91M | 1.17M |
| Operating Income Ratio | 23.49% | 8.86% | 4.52% | 13.26% | 12.71% | 0.18% |
| Total Other Income/Expenses | 20.88M | 598.00K | -799.00K | -502.00K | 24.00K | -407.00K |
| Income Before Tax | 608.00M | 169.08M | 65.11M | 158.03M | 148.93M | 760.00K |
| Income Before Tax Ratio | 24.32% | 8.89% | 4.47% | 13.22% | 12.71% | 0.12% |
| Income Tax Expense | 111.78M | 47.75M | 14.20M | 33.68M | 30.67M | 2.35M |
| Net Income | 306.24M | 1.14M | 50.91M | 124.35M | 118.26M | -1.59M |
| Net Income Ratio | 12.25% | 0.06% | 3.49% | 10.40% | 10.10% | -0.24% |
| EPS | 3.97 | 0.02 | 1.11 | 3.23 | 3.07 | -0.04 |
| EPS Diluted | 2.08 | 0.01 | 1.11 | 3.23 | 3.07 | -0.04 |
| Weighted Avg Shares Out | 77.07M | 45.89M | 45.87M | 38.54M | 38.54M | 38.54M |
| Weighted Avg Shares Out (Dil) | 147.28M | 145.85M | 45.87M | 38.54M | 38.54M | 38.54M |
NXT Announces Fully Subscribed US$2.0 Million Convertible Debenture
CALGARY, AB / ACCESSWIRE / June 3, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has issued convertible debentures (the "Debentures") to MCAPM LP for the principal amount of US$2,000,000, being approximately...
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Panagora Asset Management Inc. Sells 36,135 Shares of Nextracker Inc. (NASDAQ:NXT)
Panagora Asset Management Inc. reduced its position in shares of Nextracker Inc. (NASDAQ:NXT – Free Report) by 36.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,764...
10,066 Shares in Crane NXT, Co. (NYSE:CXT) Acquired by International Assets Investment Management LLC
International Assets Investment Management LLC purchased a new stake in Crane NXT, Co. (NYSE:CXT – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,066 shares...
Source: https://incomestatements.info
Category: Stock Reports