Alternus Clean Energy Inc. (ALCE)

Alternus Clean Energy Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.08	0.16	4.04	0.71	18.2	1.19
Accounts Receivable	-	-	0	8.58	8.24	0.85
Other Receivables	0	0.35	0.53	2.25	7.26	0.76
Prepaid Expenses	0.13	0.13	2.55	0.33	1.31	8.81
Restricted Cash	-	-	-	-	8.56	0.56
Other Current Assets	4.04	-	-	-	3.68	-
Total Current Assets	4.26	0.64	158.91	11.86	47.25	12.17
Property, Plant & Equipment	-	-	18.67	69.62	192.93	45.8
Goodwill	0.24	0.24	-	-	2.79	1.35
Other Intangible Assets	1.42	1.55	-	-	-	-
Long-Term Deferred Charges	2.94	4.78	6.22	2.15	-	-
Other Long-Term Assets	0.52	0.52	1.48	6.94	0.56	0.13
Total Assets	9.38	7.73	185.29	178.32	243.53	59.45
Accounts Payable	10.69	9.8	3.59	1.14	9.95	9.59
Accrued Expenses	2.75	2.25	11.39	4.09	6.93	5.86
Short-Term Debt	0.45	1.7	-	-	-	-
Current Portion of Long-Term Debt	9.14	24.85	31.59	-	2.95	25.85
Current Unearned Revenue	-	-	-	4.95	3.14	-
Current Portion of Leases	-	0.03	0.13	0.08	0.13	0.19
Current Income Taxes Payable	-	-	-	-	1.73	-
Other Current Liabilities	17.71	0.95	200.74	-	-	-
Total Current Liabilities	40.74	39.58	247.44	10.25	24.83	41.5
Long-Term Debt	-	1.63	-	158.7	168.01	16.77
Long-Term Leases	-	0.41	1.1	0.96	4.41	2.77
Other Long-Term Liabilities	-	-	-	10.99	0.63	0.17
Total Liabilities	40.74	41.61	248.54	180.9	197.88	61.21
Common Stock	0.01	0.01	0.01	0.01	0.28	0.1
Additional Paid-In Capital	39.1	35.92	27.87	19.8	50.74	15.63
Retained Earnings	-67.31	-67.13	-88.21	-18.75	-10.23	-17.4
Comprehensive Income & Other	-3.22	-2.68	-2.92	-3.64	4.88	-0.09
Total Common Equity	-31.42	-33.89	-63.25	-2.58	45.67	-1.76
Minority Interest	-	-	-	-	-0.02	-
Shareholders' Equity	-31.36	-33.89	-63.25	-2.58	45.66	-1.76
Total Liabilities & Equity	9.38	7.73	185.29	178.32	243.53	59.45
Total Debt	9.59	28.62	32.82	159.73	175.5	45.6
Net Cash (Debt)	-9.51	-28.46	-28.78	-159.03	-157.3	-44.41
Net Cash Per Share	-1.91	-8.06	-9.95	-69.14	-	-
Filing Date Shares Outstanding	119.72	119.72	2.88	1.05	1.05	0.38
Total Common Shares Outstanding	10.15	5.04	2.88	1.05	1.05	0.38
Working Capital	-36.48	-38.94	-88.52	1.61	22.42	-29.33
Book Value Per Share	-3.10	-6.73	-21.99	-2.45	43.35	-4.64
Tangible Book Value	-33.09	-35.68	-63.25	-2.58	42.88	-3.11
Tangible Book Value Per Share	-3.26	-7.08	-21.99	-2.45	40.70	-8.19
Land	-	-	-	0.5	0.53	-
Buildings	-	-	-	0.11	-	-
Machinery	-	-	0.05	0.05	-	-
Construction In Progress	-	-	12.42	3.09	14.78	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.