Ameresco Inc (N:AMRC)

Sector:  Energy Industry:  Renewable Energy Equipment & Services
 
See Regulatory Filings on SEC
Company Contact
Address: 111 Speen St
FRAMINGHAM MA 01701-2000
Tel: N/A
Website: https://www.ameresco.com
IR: See website
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Key People
George P. Sakellaris
Chairman of the Board, President, Chief Executive Officer
Spencer Doran Hole
Chief Financial Officer, Executive Vice President
David J. Corrsin
Executive Vice President, General Counsel, Secretary, Director
Nicole A. Bulgarino
Executive Vice President and General Manager - Federal Solutions
Robert Georgeoff
Executive Vice President, South Region
Louis P. Maltezos
Executive Vice President, Central Region and Canada Operations
Mark A. Chiplock
Senior Vice President - Finance, Chief Accounting Officer
Michael T. Bakas
Executive Vice President - Distributed Energy Systems
 
Business Overview
Ameresco, Inc. is a cleantech integrator and renewable energy asset developer, owner and operator. The Company's comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. The Company's segments include U.S. Regions, U.S. Federal, Canada, Alternative Fuels, Europe and All Other. Its U.S. Regions, U.S. Federal, Canada, and Europe segments offer energy efficiency products and services which include the design, engineering and installation of equipment and other measures. Its Alternative Fuels segment sells electricity and processed renewable natural gas (RNG) derived from biomethane from small-scale plants that it owns and operates and provides operations and maintenance (O&M) services for customer owned small-scale RNG plants. The Company's All Other segment offers consulting services and the sale of solar photovoltaic (PV) energy products and systems.
Financial Overview
For the three months ended 31 March 2024, Ameresco Inc revenues increased 10% to $298.4M. Net loss applicable to common stockholders totaled $3M vs. income of $1.1M. Revenues reflect Alternative Fuels segment increase of 16% to $32.9M, U.S Federal segment increase of 2% to $60.9M, United States segment increase of 3% to $239.1M. Net loss reflects Interest expense, net of interest incom increase from $6.7M to $13.8M (expense).
Employees: 1,503 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,968M as of Mar 31, 2024
Annual revenue (TTM): $1,402M as of Mar 31, 2024
EBITDA (TTM): $153.54M as of Mar 31, 2024
Net annual income (TTM): $58.32M as of Mar 31, 2024
Free cash flow (TTM): -$679.63M as of Mar 31, 2024
Net Debt Last Fiscal Year: $1,473M as of Mar 31, 2024
Shares outstanding: 52,338,602 as of May 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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