AMRC Q2 2023 Earnings — Ameresco, Inc. Revenue & Financial Results | Market Cap Arena

AMRCAmeresco, Inc.

$1B

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$327M-43.4% YoY

Gross Profit

$59M17.9% margin

Operating Income

$18M5.4% margin

Net Income

$6M1.9% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+20.7%

Cash Flow

Operating Cash Flow

-$93M

Free Cash Flow

-$271M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.1B

Stockholders' Equity

$844M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$327M	$577M	-43.4%
Gross Profit	$59M	$81M	-27.9%
Operating Income	$18M	$43M	-59.1%
Net Income	$6M	$32M	-80.2%

Revenue Segments

Project Revenue

$229M73%

Energy Assets Revenue

$50M16%

Operations And Maintenance Revenue

$23M7%

Other Revenue

$14M4%

Geographic Segments

UNITED STATES

$271M83%

Other Countries

$43M13%

CANADA

$14M4%