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 |
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 |