Financial insights of AMPS

MyFinsight

For the quarter ending 2024-09-30, AMPS made $58,681K in revenue. $17,638K in net income. Net profit margin of 30.06%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-09-30	2024-06-30
Operating revenues, net	58,681	52,460
Stock-based compensation expense	4,662	-4,227
(gain) loss on fair value remeasurement of contingent consideration, net	-900	-1,400
Acquisition and entity formation costs	765	450
Depreciation, amortization and accretion expense	17,151	17,166
General and administrative	9,824	12,240
Cost of operations (exclusive of depreciation and amortization shown separately below)	11,891	11,272
Total operating expenses	43,393	35,501
Operating income	15,288	16,959
Change in fair value of alignment shares liability	10,214	11,881
Other expense (income), net	-210	1,135
Interest expense, net	-21,783	-17,865
Total other expense, net	-11,779	-4,849
Income before income taxes	3,509	12,110
Income tax benefit (expense)	-5,100	-21,039
Net income	8,609	33,149
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests	-9,029	-4,496
Net income attributable to altus power, inc	17,638	37,645

Basic eps	0.11	0.23
Diluted eps	0.11	0.23
Basic average shares	159,990,880	159,902,589
Diluted average shares	164,393,794	163,585,652