See more : LAIX Inc. (LAIXY) Income Statement Analysis – Financial Results
Complete financial analysis of Altus Power, Inc. (AMPS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Altus Power, Inc., a leading company in the Renewable Utilities industry within the Utilities sector.
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Altus Power, Inc. (AMPS)
About Altus Power, Inc.
Altus Power, Inc. operates as a clean electrification company in the United States. It is involved in the on-site solar generation for commercial, industrial, and public customers; community solar; energy storage; and electric vehicle charging businesses. The company was founded in 2009 and is based in Stamford, Connecticut.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 155.16M | 101.16M | 71.80M | 45.28M | 37.43M |
| Cost of Revenue | 29.64M | 17.53M | 14.03M | 9.66M | 6.78M |
| Gross Profit | 125.53M | 83.63M | 57.77M | 35.62M | 30.65M |
| Gross Profit Ratio | 80.90% | 82.67% | 80.46% | 78.66% | 81.88% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 47.44M | 34.43M | 16.92M | 10.14M | 8.95M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 47.44M | 34.43M | 16.92M | 10.14M | 8.95M |
| Other Expenses | 0.00 | 29.60M | 20.97M | 11.93M | 0.00 |
| Operating Expenses | 105.90M | 64.03M | 37.88M | 22.08M | 15.74M |
| Cost & Expenses | 135.53M | 81.56M | 51.91M | 31.74M | 22.52M |
| Interest Income | 0.00 | 19.76M | 19.93M | 1.01K | 22.29M |
| Interest Expense | 47.49M | 22.16M | 19.93M | 14.07M | 0.00 |
| Depreciation & Amortization | 53.63M | 33.20M | 22.67M | 11.93M | 8.21M |
| EBITDA | 74.46M | 108.61M | 47.26M | 24.20M | 21.70M |
| EBITDA Ratio | 47.99% | 113.13% | 63.54% | 55.69% | 57.96% |
| Operating Income | 20.86M | 84.84M | 24.66M | 12.53M | 13.49M |
| Operating Income Ratio | 13.45% | 83.87% | 34.34% | 27.67% | 36.03% |
| Total Other Income/Expenses | -47.52M | -31.60M | -20.74M | -14.33M | -20.86M |
| Income Before Tax | -26.66M | 53.24M | 13.30M | -1.80M | -7.38M |
| Income Before Tax Ratio | -17.18% | 52.63% | 18.52% | -3.98% | -19.70% |
| Income Tax Expense | -683.00K | 1.08M | 295.00K | 83.00K | 1.19M |
| Net Income | -9.36M | 55.44M | 13.01M | -1.89M | -6.12M |
| Net Income Ratio | -6.03% | 54.80% | 18.11% | -4.17% | -16.35% |
| EPS | -0.06 | 0.36 | 0.08 | -0.04 | 0.00 |
| EPS Diluted | -0.06 | 0.35 | 0.08 | -0.04 | 0.00 |
| Weighted Avg Shares Out | 158.70M | 154.65M | 153.65M | 42.26M | 0.00 |
| Weighted Avg Shares Out (Dil) | 158.70M | 155.71M | 153.65M | 42.26M | 0.00 |
Altus Power Announces CEO Transition
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE:AMPS) (“Altus Power” or the “Company”) announced today that the Board of Directors has accepted the resignation of Lars Norell as a co-CEO and as a director of the Company, effective April 26, 2024, and...
Altus Power, Inc. Announces Date for Release of First Quarter 2024 Financial Results and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the first quarter of 2024 after the closing of the New York Stock Exchange on Thursday,...
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Altus Power, Inc. (AMPS) Reports Q4 Loss, Misses Revenue Estimates
Altus Power, Inc. (AMPS) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.03 per share a year ago.
Altus Power, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the largest commercial scale provider of clean, electric power, today announced its financial results for fourth quarter and full year 2023. “2023 was another record year for Altus...
Altus Power, Inc. (AMPS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
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Wall Street Analysts See a 39.25% Upside in Altus Power, Inc. (AMPS): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 39.3% in Altus Power, Inc. (AMPS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate...
Altus Power, Inc. Announces Date for Release of Full Year 2023 Financial Results and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced that it will report financial results for the full year of 2023 after the closing of the New York Stock Exchange on Thursday,...
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