Overview Financials News + Filings Key Docs Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| | 10-K | 10-K | 10-K | 10-K | S-1 |
| Revenues: |
| Spain | 129.3 | 7.3 | 0.2 | | |
| Brazil | 144.5 | | | | |
| Array Legacy Operations | 1,267.9 | 853.3 | 872.7 | | |
| STI Operations | 369.7 | | | | |
| Total revenues | 1,637.5 | 853.3 | 872.7 | 647.9 | 290.8 |
| Revenue growth [+] | 91.9% | -2.2% | 34.7% | 122.8% | |
| Spain | 1675.7% | 3922.7% | | | |
| Array Legacy Operations | 48.6% | -2.2% | | | |
| Cost of goods sold | 1,410.3 | 770.5 | 669.9 | 497.1 | 279.2 |
| Gross profit | 227.3 | 82.9 | 202.8 | 150.8 | 11.6 |
| Gross margin | 13.9% | 9.7% | 23.2% | 23.3% | 4.0% |
| Selling, general and administrative [+] | 150.8 | 81.0 | 55.6 | 41.2 | 46.9 |
| General and administrative | 150.8 | 81.0 | 55.6 | 41.2 | 46.9 |
| Other operating expenses | -47.3 | 2.7 | 26.4 | 0.6 | -0.8 |
| EBITDA [+] | 125.7 | 1.2 | 122.7 | 110.7 | -34.5 |
| EBITDA growth | 10329.5% | -99.0% | 10.8% | -421.0% | |
| EBITDA margin | 7.7% | 0.1% | 14.1% | 17.1% | -11.9% |
| Depreciation | 2.9 | 2.4 | 2.2 | 2.1 | 0.2 |
| EBITA | 122.8 | -1.2 | 120.5 | 108.6 | -34.7 |
| EBITA margin | 7.5% | -0.1% | 13.8% | 16.8% | -11.9% |
| Amortization of intangibles | 98.2 | 23.5 | 25.3 | 25.2 | 26.5 |
| EBIT [+] | 24.6 | -24.7 | 95.2 | 83.4 | -61.2 |
| EBIT growth | -199.5% | -126.0% | 14.2% | -236.3% | |
| EBIT margin | 1.5% | -2.9% | 10.9% | 12.9% | -21.0% |
| Non-recurring items [+] | 42.8 | | | | |
| Legal settlement | 42.8 | | | | |
| Interest expense | 33.5 | 35.5 | 15.1 | 18.8 | 19.0 |
| Interest expense | 33.5 | 35.5 | 15.1 | 18.8 | 19.0 |
| Other income (expense), net [+] | 46.7 | -0.9 | -2.3 | 0.0 | -0.4 |
| Gain (loss) on foreign currency transactions | 1.2 | | | | |
| Change in value of contingent liability | -4.5 | 2.7 | 26.4 | 0.6 | |
| Other | 2.8 | -0.9 | -2.3 | 0.0 | |
| Pre-tax income | -5.0 | -61.1 | 77.8 | 64.6 | -80.7 |
| Income taxes | -9.4 | -10.7 | 18.7 | 24.8 | -19.9 |
| Tax rate | 189.5% | 17.5% | 24.0% | 38.5% | 24.7% |
| Net income | -43.6 | -66.1 | 59.1 | 39.7 | -60.8 |
| Net margin | -2.7% | -7.7% | 6.8% | 6.1% | -20.9% |
| |
| Basic EPS [+] | ($0.29) | ($0.51) | $0.49 | $0.33 | ($0.51) |
| Growth | -42.8% | -204.6% | 46.8% | -165.4% | |
| Diluted EPS [+] | ($0.29) | ($0.51) | $0.49 | $0.33 | ($0.51) |
| Growth | -42.8% | -204.6% | 46.8% | -165.4% | |
| |
| Shares outstanding (basic) [+] | 149.8 | 130.0 | 121.5 | 120.0 | 120.0 |
| Growth | 15.3% | 7.0% | 1.2% | 0.0% | |
| Shares outstanding (diluted) [+] | 149.8 | 130.0 | 121.5 | 120.0 | 120.0 |
| Growth | 15.3% | 7.0% | 1.3% | 0.0% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|