AMRC Q1 2023 Earnings — Ameresco, Inc. Revenue & Financial Results | Market Cap Arena

AMRCAmeresco, Inc.

$1B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$271M-42.8% YoY

Gross Profit

$50M18.4% margin

Operating Income

$9M3.4% margin

Net Income

$1M0.4% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-18.3%

Cash Flow

Operating Cash Flow

$59M

Free Cash Flow

-$33M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.0B

Stockholders' Equity

$829M

Cash & Equivalents

$200M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$271M	$474M	-42.8%
Gross Profit	$50M	$68M	-27.0%
Operating Income	$9M	$29M	-68.3%
Net Income	$1M	$17M	-93.7%

Revenue Segments

Project Revenue

$183M71%

Energy Assets Revenue

$41M16%

Operations And Maintenance Revenue

$22M9%

Other Revenue

$13M5%

Geographic Segments

UNITED STATES

$233M86%

Other Countries

$21M8%

CANADA

$17M6%