Nextracker Inc.


SKU: NXT Category:


Nextracker Inc.: Initiation Of Coverage – A Deep Dive Into Its Core Business Strategy & Its Competitive Positioning 


Nextracker, Inc. posted strong third-quarter results for the fiscal year 2024. The company achieved record revenue, profits and backlog data for the quarter, with year-over-year revenue growth of 38% surpassing $700 million. Nextracker’s adjusted EBITDA also increased significantly to $168 million, doubling from the same period in the previous year. Benefits from U.S. operations were prominently featured, with business growth of 70% from the previous year playing a critical role in the positive results. The strong performance is attributable to the company’s effective execution, enhanced supply chain, and rigorous pricing discipline.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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