AMRC Q1 2024 Earnings — Ameresco, Inc. Revenue & Financial Results | Market Cap Arena

AMRCAmeresco, Inc.

$1B

Q1 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$298M+10.1% YoY

Gross Profit

$47M15.7% margin

Operating Income

$8M2.7% margin

Net Income

-$3M-1.0% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-32.4%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$91M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.8B

Stockholders' Equity

$905M

Cash & Equivalents

$135M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$298M	$271M	+10.1%
Gross Profit	$47M	$50M	-5.9%
Operating Income	$8M	$9M	-12.1%
Net Income	-$3M	$1M	-366.5%

Revenue Segments

Project Revenue

$204M68%

Energy Assets Revenue

$43M14%

Other Revenue

$26M9%

Operations And Maintenance Revenue

$25M8%

Geographic Segments

UNITED STATES

$239M80%

Europe

$44M15%

CANADA

$15M5%