Ameresco, Inc. (AMRC)

Ameresco Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,402	1,375	1,824	1,216	1,032	866.93
Revenue Growth (YoY)	-13.54%	-24.65%	50.07%	17.77%	19.07%	10.14%
Cost of Revenue	1,159	1,128	1,534	985.34	844.73	698.82
Gross Profit	243.47	246.43	290.83	230.36	187.55	168.12
Selling, General & Admin	160.39	162.14	159.49	132.9	116.05	116.5
Other Operating Expenses	3.83	3.83	0	1.9	0	0
Operating Expenses	164.22	165.97	159.49	134.81	116.05	116.5
Operating Income	79.25	80.46	131.35	95.55	71.5	51.61
Other Expense / Income	45.95	43.63	29.25	27.14	17.94	10.93
Pretax Income	33.3	36.84	102.1	68.41	53.56	40.69
Income Tax	-25.13	-25.64	7.17	-2.05	-0.49	-3.75
Net Income	58.43	62.47	94.93	70.46	54.05	44.44
Net Income Growth	-25.70%	-34.19%	34.73%	30.35%	21.64%	16.99%
Shares Outstanding (Basic)	52	52	52	51	48	47
Shares Outstanding (Diluted)	52	53	53	52	49	48
Shares Change	-1.82%	-0.09%	1.93%	6.66%	2.58%	2.01%
EPS (Basic)	1.12	1.20	1.83	1.38	1.13	0.95
EPS (Diluted)	1.09	1.17	1.78	1.35	1.10	0.93
EPS Growth	-26.35%	-34.27%	31.85%	22.73%	18.28%	14.81%
Free Cash Flow	-679.63	-621.76	-666.19	-356.07	-285.34	-337.71
Free Cash Flow Per Share	-13.00	-11.93	-12.85	-7.00	-5.98	-7.25
Gross Margin	17.37%	17.93%	15.94%	18.95%	18.17%	19.39%
Operating Margin	5.65%	5.85%	7.20%	7.86%	6.93%	5.95%
Profit Margin	4.17%	4.54%	5.20%	5.80%	5.24%	5.13%
Free Cash Flow Margin	-48.48%	-45.23%	-36.51%	-29.29%	-27.64%	-38.95%
Effective Tax Rate	-75.47%	-69.59%	7.02%	-2.99%	-0.92%	-9.21%
EBITDA	103.76	102.75	156.37	114.99	95.6	80.13
EBITDA Margin	7.40%	7.47%	8.57%	9.46%	9.26%	9.24%
Depreciation & Amortization	70.46	65.91	54.28	46.58	42.04	39.44
EBIT	33.3	36.84	102.1	68.41	53.56	40.69
EBIT Margin	2.38%	2.68%	5.60%	5.63%	5.19%	4.69%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).