Altus Power Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	197,713	212,252	163,702	176,677	191,358	144,163
Other Revenue	-0	-0	-	-	-	-
Revenue	197,713	212,252	163,702	176,677	191,358	144,163
Revenue Growth (YoY)	5.32%	29.66%	-7.34%	-7.67%	32.74%	-
Cost of Revenue	118,366	130,725	106,253	116,927	123,503	90,516
Gross Profit	79,347	81,527	57,449	59,750	67,855	53,647
Selling, General & Admin	17,839	19,650	17,947	12,496	15,133	11,921
Research & Development	7,035	7,100	4,497	820.84	-	-
Other Operating Expenses	454.08	416.38	369.38	583.65	539.77	296.08
Operating Expenses	27,247	29,055	24,530	14,884	16,880	13,534
Operating Income	52,100	52,472	32,920	44,867	50,976	40,112
Interest Expense	-962.17	-811.94	-787.82	-776.65	-76.11	-18.88
Interest & Investment Income	6,214	5,925	5,326	3,382	975.27	503.71
Earnings From Equity Investments	-	-	-	225.52	301.23	-12.53
Currency Exchange Gain (Loss)	1,407	2,328	2,998	-2,808	4,423	-3,327
Other Non Operating Income (Expenses)	-773.82	-838.14	-170.91	-36.93	-337.86	284.07
EBT Excluding Unusual Items	57,984	59,075	40,285	44,852	56,261	37,542
Gain (Loss) on Sale of Investments	-1,825	-1,711	1,448	140.45	73.65	219.64
Gain (Loss) on Sale of Assets	-971.6	-971.6	-8.77	-14.73	0.77	-
Asset Writedown	-2,495	-2,495	-	-191.44	-	-
Pretax Income	52,693	53,897	41,724	44,787	56,336	37,761
Income Tax Expense	7,355	8,136	5,920	5,867	9,501	4,418
Earnings From Continuing Operations	45,338	45,761	35,804	38,920	46,834	33,344
Minority Interest in Earnings	1.44	1.42	1.36	1.5	0.15	-
Net Income	45,339	45,762	35,805	38,921	46,834	33,344
Net Income to Common	45,339	45,762	35,805	38,921	46,834	33,344
Net Income Growth	11.83%	27.81%	-8.00%	-16.90%	40.46%	-
Shares Outstanding (Basic)	25	25	25	25	24	24
Shares Outstanding (Diluted)	25	25	25	25	24	24
Shares Change (YoY)	-0.07%	-0.13%	-0.51%	2.71%	0.19%	-
EPS (Basic)	1845.84	1863.06	1455.76	1574.40	1945.78	1389.05
EPS (Diluted)	1845.84	1863.00	1455.76	1574.00	1945.78	1388.00
EPS Growth	11.91%	27.98%	-7.51%	-19.11%	40.19%	-
Free Cash Flow	43,237	43,447	33,965	34,455	33,455	19,381
Free Cash Flow Per Share	1760.27	1768.81	1380.93	1393.73	1389.94	806.75
Gross Margin	40.13%	38.41%	35.09%	33.82%	35.46%	37.21%
Operating Margin	26.35%	24.72%	20.11%	25.39%	26.64%	27.82%
Profit Margin	22.93%	21.56%	21.87%	22.03%	24.47%	23.13%
Free Cash Flow Margin	21.87%	20.47%	20.75%	19.50%	17.48%	13.44%
EBITDA	61,866	62,460	41,671	52,843	57,359	45,100
EBITDA Margin	31.29%	29.43%	25.45%	29.91%	29.97%	31.28%
D&A For EBITDA	9,766	9,989	8,751	7,976	6,383	4,988
EBIT	52,100	52,472	32,920	44,867	50,976	40,112
EBIT Margin	26.35%	24.72%	20.11%	25.39%	26.64%	27.82%
Effective Tax Rate	13.96%	15.10%	14.19%	13.10%	16.86%	11.70%

Updated Nov 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.