Financialsexperimental
Altus Power, Inc.. Every figure is as filed in the company's 10-Q and 10-K reports. Quarters a filing does not report on their own are worked out from its year-to-date figures and marked *.
USD in thousands · shares (whole numbers) · per-share amounts in USD
| Income Statement | Q4 FY24 31 Dec 2024 | Q3 FY24 30 Sept 2024 | Q2 FY24 30 Jun 2024 | Q1 FY24 31 Mar 2024 | Q4 FY23 31 Dec 2023 | Q3 FY23 30 Sept 2023 | Q2 FY23 30 Jun 2023 | Q1 FY23 31 Mar 2023 | Q4 FY22 31 Dec 2022 | Q3 FY22 30 Sept 2022 | Q2 FY22 30 Jun 2022 | Q1 FY22 31 Mar 2022 | Q4 FY21 31 Dec 2021 | Q3 FY21 30 Sept 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Franchise tax expense | 50,000 | |||||||||||||
| Operating revenues, net | 44,465* | 58,681 | 52,460 | 40,659 | 34,192* | 45,079 | 46,513 | 29,378 | 26,764* | 30,438 | 24,762 | 19,199 | ||
| Cost of operations (exclusive of depreciation and amortization shown separately below) | 12,009* | 11,891 | 11,272 | 10,920 | 8,254* | 7,825 | 7,581 | 5,976 | 4,690* | 4,488 | 4,290 | 4,064 | ||
| Change in fair value of redeemable warrant liability | -5,735,625 | |||||||||||||
| General and administrative | 8,669* | 9,824 | 12,240 | 10,022 | 8,606* | 8,194 | 8,291 | 7,362 | 5,524* | 6,560 | 6,558 | 6,384 | ||
| Change in fair value of sponsor promissory note | -300,000 | |||||||||||||
| Depreciation, amortization and accretion expense | 18,470* | 17,151 | 17,166 | 16,130 | 15,573* | 13,719 | 12,959 | 11,376 | 8,781* | 7,134 | 6,863 | 6,822 | ||
| Interest income earned on assets held in Trust Account | 8,402 | |||||||||||||
| Acquisition and entity formation costs | 1,384* | 765 | 450 | 1,066 | 1,380* | 268 | 1,369 | 1,491 | 3,046* | 237 | 52 | 294 | ||
| Loss before income taxes | -10,091,931 | |||||||||||||
| (Gain) loss on fair value remeasurement of contingent consideration, net | 0* | -900 | -1,400 | -79 | 2,057* | 50 | 50 | 50 | 225* | 825 | -1,140 | 169 | ||
| Loss (gain) on disposal of property, plant and equipment | 531* | -0 | -0 | -88 | -0* | -0 | -0* | -2,222 | ||||||
| Stock-based compensation | 2,734* | 2,708 | 2,657 | 1,305 | ||||||||||
| Stock-based compensation expense | 4,474* | 4,662 | -4,227 | 4,304 | 3,680* | 4,176 | 4,256 | 2,872 | ||||||
| Total operating expenses | 45,537* | 43,393 | 35,501 | 42,275 | 39,550* | 34,232 | 34,506 | 29,127 | 25,000* | 19,730 | 19,280 | 19,038 | 30,220.4* | 4,014.7 |
| Operating income | -1,072* | 15,288 | 16,959 | -1,616 | -5,358* | 10,847 | 12,007 | 251 | 1,764* | 10,708 | 5,482 | 161 | 41,729.6* | -4,064.7 |
| Basic and diluted net income (loss) per share — Common Class A | -0.24 | |||||||||||||
| Change in fair value of alignment shares liability | -16,705 | -46,346 | ||||||||||||
| Change in fair value of redeemable warrant liability | 0* | 0 | 0 | 0 | -800* | 29,564 | -4,659 | -18,458 | ||||||
| Change in fair value of Alignment Shares liability | 7,149* | -10,214 | -11,881 | -26,077 | 17,699* | -3,508 | -2,805 | -17,018 | -70,681* | 72,418 | ||||
| Basic and diluted net income (loss) per share — Common Class B | -0.24 | |||||||||||||
| Interest expense, net | 16,193 | 17,336* | 9,180 | 8,524 | 12,446 | 6,394* | 5,657 | 5,173 | 4,938 | |||||
| Other (income) expense, net | -593* | 210 | -1,135 | -683 | 215* | 339 | 1,789 | 90 | -1,066* | -2,267 | -608 | 15 | ||
| Interest expense, net | 13,365* | 21,783 | 17,865 | |||||||||||
| Loss on extinguishment of debt, net | -2,303* | 0 | ||||||||||||
| Total other expense (income), net | 19,921* | 11,779 | 4,849 | -10,567 | 35,366* | 6,011 | 7,508 | -4,482 | -63,850* | 105,372 | -16,799 | -59,851 | ||
| Income (loss) before income tax expense | -20,993* | 3,509 | 12,110 | 8,951 | -40,724* | 4,836 | 4,499 | 4,733 | 65,614* | -94,664 | 22,281 | 60,012 | ||
| Income tax (expense) benefit | -35,487* | 5,100 | 21,039 | -4,896 | 760* | 1,940 | -1,129 | -888 | 1,472* | -1,964 | -707 | 123 | -295* | -0 |
| Net (loss) income | -56,480* | 8,609 | 33,149 | 4,055 | -39,964* | 6,776 | 3,370 | 3,845 | 67,086* | -96,628 | 21,574 | 60,135 | ||
| Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | 4,989* | -9,029 | -4,496 | -3,454 | -12,837* | 1,446 | -3,455 | -1,772 | -797* | 352 | -2,541 | -284 | ||
| Net income (loss) attributable to Altus Power, Inc. | -61,469* | 17,638 | 37,645 | 7,509 | -27,127* | 5,330 | 6,825 | 5,617 | 67,883* | -96,980 | 24,115 | 60,419 | 11,762.1* | -10,091.9 |
| Basic (in usd per share) | 0.11 | 0.23 | 0.05 | 0.03 | 0.04 | 0.04 | -0.63 | 0.16 | 0.39 | |||||
| Diluted (in usd per share) | 0.11 | 0.23 | 0.05 | 0.03 | 0.04 | 0.03 | -0.63 | 0.16 | 0.39 | |||||
| Basic (in shares) | 159,990,880 | 159,902,589 | 159,025,740 | 158,719,684 | 158,719,684 | 158,621,674 | 154,455,228 | 153,310,068 | 152,662,512 | |||||
| Diluted (in shares) | 164,393,794 | 163,585,652 | 162,242,148 | 160,198,154 | 158,978,275 | 161,003,402 | 154,455,228 | 153,954,843 | 153,586,538 |