AMRC Q2 2024 Earnings — Ameresco, Inc. Revenue & Financial Results | Market Cap Arena

AMRCAmeresco, Inc.

$1B

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$438M+33.9% YoY

Gross Profit

$65M14.9% margin

Operating Income

$21M4.8% margin

Net Income

$5M1.1% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+46.8%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

-$75M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.0B

Stockholders' Equity

$915M

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$438M	$327M	+33.9%
Gross Profit	$65M	$59M	+11.1%
Operating Income	$21M	$18M	+18.9%
Net Income	$5M	$6M	-21.3%

Revenue Segments

Project Revenue

$331M76%

Energy Assets Revenue

$53M12%

Other Revenue

$28M6%

Operations And Maintenance Revenue

$26M6%

Geographic Segments

UNITED STATES

$350M80%

Europe

$73M17%

CANADA

$15M4%