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Altus Power, Inc. Stock Research

AMPS

5.46USD-0.15(-2.67%)Delayed

Market Summary

USD5.46-0.15
Delayed
-2.67%

AMPS Stock Price

AMPS RSI Chart

AMPS Valuation

Market Cap

840.5M

Price/Earnings (Trailing)

-159.86

Price/Sales (Trailing)

8.76

EV/EBITDA

56.23

Price/Free Cashflow

-86.61

AMPS Price/Sales (Trailing)

AMPS Profitability

EBT Margin

4.06%

Return on Equity

-1.54%

Return on Assets

-0.47%

Free Cashflow Yield

-1.15%

AMPS Fundamentals

AMPS Revenue

Revenue (TTM)

96.0M

Revenue Y/Y

51.15%

Revenue Q/Q

22.92%

AMPS Earnings

Earnings (TTM)

-5.3M

Earnings Y/Y

-9.1K%

Earnings Q/Q

-502.16%

Price Action

52 Week Range

4.2614.72
(Low)(High)

Last 7 days

-1.8%

Last 30 days

-19.1%

Last 90 days

-12.4%

Trailing 12 Months

-21.2%

AMPS Financial Health

Current Ratio

9.66

Debt/Equity

1.3

Debt/Cashflow

0.07

AMPS Investor Care

Shares Dilution (1Y)

77.70%

Diluted EPS (TTM)

-0.01

Financials for Altus Power

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue12.0%95,97785,67778,52871,80061,487
Operating Expenses9.6%60,66455,36047,35337,75835,413
  S&GA Expenses8.6%24,34422,41420,07616,91515,108
EBITDA-90.1%9,77499,20470,28014,334-
EBITDA Margin-91.2%0.10*1.16*0.89*0.20*-
Earnings Before Taxes-95.9%3,89494,71574,08613,300-5,465
EBT Margin-96.3%0.04*1.11*0.86*0.19*-
Interest Expenses-2.0%-21,739-21,305-20,958-19,933-33,884
Net Income-105.8%-5,25890,66765,3635,906-3,782
Net Income Margin-105.8%-0.05*0.95*0.68*0.08*-
Free Cahsflow-74.6%-9,705-5,5588,6039,119-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.2%1,1301,1061,1041,113810
  Current Assets-0.3%31631633634458.00
    Cash Equivalents-1.4%29129532332639.00
  Net PPE3.0%788765746746728
  Goodwill0%1.001.002.00--
Liabilities11.8%751671703772585
  Current Liabilities18.5%33.0028.0031.0033.0046.00
  Long Term Debt-518----
    LT Debt, Current10.1%17.0016.0021.0021.0028.00
    LT Debt, Non Current1.0%528523522525504
Shareholder's Equity-18.3%342419386305210
  Retained Earnings-576.5%-113-16.82-40.94-101-97.28
  Additional Paid-In Capital9.4%4564174074063.00
Shares Outstanding1.9%15815515415489.00
Minority Interest2.4%19.0019.0020.0021.00-
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations16.1%30.0026.0024.0024.0017.00
  Share Based Compensation66.3%7.004.001.000.000.00
Cashflow From Investing77.7%-54.67-244-221-223-615
Cashflow From Financing-41.8%283486495492601
  Dividend Payments-0.00----

Risks for AMPS

What is the probability of a big loss on AMPS?

55.8%


Probability that Altus Power stock will be more than 20% underwater in next one year

54.9%


Probability that Altus Power stock will be more than 30% underwater in next one year.

44.3%


Probability that Altus Power stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AMPS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Altus Power was unfortunately bought at previous high price.

Drawdowns

Returns for AMPS

Cumulative Returns on AMPS

Which funds bought or sold AMPS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
Prostatis Group LLC
added
272
90,999
123,652
0.07%
2023-03-23
Prostatis Group LLC
added
13.4
14,780
98,876
0.06%
2023-03-23
MetLife Investment Management, LLC
unchanged
-
-109,201
158,573
-%
2023-03-22
Pictet North America Advisors SA
new
-
219,446
219,446
0.04%
2023-03-22
Pictet North America Advisors SA
added
3.84
-2,370
784,680
0.14%
2023-03-22
Pictet North America Advisors SA
reduced
-0.8
119,758
8,066,340
1.39%
2023-03-17
American Portfolios Advisors
added
1,043
1,799,530
1,965,420
0.08%
2023-03-17
American Portfolios Advisors
added
36.14
330,244
1,444,200
0.06%
2023-03-17
American Portfolios Advisors
unchanged
-
-9,207
144,050
0.01%
2023-03-17
American Portfolios Advisors
unchanged
-
-2,334
7,496
-%

1–10 of 50

Latest Funds Activity

Are funds buying AMPS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AMPS
No. of Funds

Altus Power News

InvestorsObserver

Utilities Stocks on the Move Tuesday: EE, NRGV, EBR, PAM, OPAL ....

InvestorsObserver,
25 minutes ago

Defense World

Defense World

Schedule 13G FIlings of Altus Power

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
empyrean capital partners, lp
0.3%
516,127
SC 13G/A
Feb 13, 2023
goffe andrew j.
1.4%
2,158,735
SC 13G/A
Jan 20, 2023
felton gregg j
8.26%
13,124,603
SC 13D/A
Sep 29, 2022
cbre acquisition sponsor, llc
15.9%
24,554,201
SC 13D/A
Jun 02, 2022
goffe andrew j.
5.2%
8,032,986
SC 13G
Feb 14, 2022
d1 capital partners l.p.
0%
0
SC 13G/A
Feb 11, 2022
integrated core strategies (us) llc
0.3%
405,000
SC 13G/A

AMPS Fair Value

Recent SEC filings of Altus Power

View All Filings
Date Filed Form Type Document
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 13, 2023
8-K
Current Report
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 16, 2023
8-K
Current Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for AMPS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-22
Savino Anthony
acquired
-
-
220,553
cofounder,chief const. officer
2023-03-22
Weber Dustin
acquired
-
-
175,708
chief financial officer
2023-03-22
Felton Gregg J
acquired
-
-
444,648
co-founder co-ceo co-president
2023-03-22
NORELL LARS
acquired
-
-
444,648
co-founder co-ceo co-president
2023-02-16
Savino Anthony
sold
-34,965
7.4
-4,725
cofounder,chief const. officer
2023-02-16
Weber Dustin
sold
-33,078
7.4
-4,470
chief financial officer
2023-02-07
Coyne Sarah
acquired
-
-
10,014
-
2023-02-07
Brink Diane D
acquired
-
-
22,103
-
2023-02-07
Peretz Richard N.
acquired
-
-
10,014
-
2023-02-07
Detrick Christine Rose
acquired
-
-
22,697
-

1–10 of 50

Lars R. Norell
40
Altus Power, Inc. operates as a clean electrification company in the United States. It is involved in the on-site solar generation for commercial, industrial, and public customers; community solar; energy storage; and electric vehicle charging businesses. The company was founded in 2009 and is based in Stamford, Connecticut.

AMPS Income Statement

2022-09-30
Consolidated Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Operating revenues, net$ 30,438$ 20,138$ 74,399$ 50,222
Operating expenses    
Cost of operations (exclusive of depreciation and amortization shown separately below)4,4883,84912,84210,005
General and administrative6,5604,63019,50212,073
Depreciation, amortization and accretion expense7,1345,30920,81914,167
Acquisition and entity formation costs2379545831,186
Loss (gain) on fair value remeasurement of contingent consideration, net825(350)(146)(2,400)
Gain on disposal of property, plant and equipment(2,222)0(2,222)0
Stock-based compensation2,708346,670111
Total operating expenses19,73014,42658,04835,142
Operating income10,7085,71216,35115,080
Other (income) expense    
Change in fair value of redeemable warrant liability29,56406,4470
Change in fair value of alignment shares liability72,41809,3670
Other (income) expense, net(2,267)1,087(2,860)838
Interest expense, net5,6575,22315,76813,962
Loss on extinguishment of debt03,24503,245
Total other expense105,3729,55528,72218,045
Loss before income tax expense(94,664)(3,843)(12,371)(2,965)
Income tax (expense) benefit(1,964)2,552(2,548)1,497
Net loss(96,628)(1,291)(14,919)(1,468)
Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests352(236)(2,473)(186)
Net loss attributable to Altus Power, Inc.$ (96,980)$ (1,055)$ (12,446)$ (1,282)
Net loss per share attributable to common stockholders    
Net loss per share attributable to common stockholders – basic (in usd per share)$ (0.63)$ (0.01)$ (0.08)$ (0.01)
Net loss per share attributable to common stockholders – diluted (in usd per share)$ (0.63)$ (0.01)$ (0.08)$ (0.01)
Weighted average shares used to compute net loss per share attributable to common stockholders    
Weighted average shares of common stock outstanding – basic (in shares)154,455,22888,741,089153,482,50388,741,089
Weighted average shares of common stock outstanding – diluted (in shares)154,455,22888,741,089153,482,50388,741,089

AMPS Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 290,894$ 325,983
Current portion of restricted cash2,4772,544
Accounts receivable, net15,7259,218
Other current assets6,4066,659
Total current assets315,502344,404
Restricted cash, noncurrent portion4,0181,794
Property, plant and equipment, net788,132745,711
Intangible assets, net19,57116,702
Other assets3,1074,638
Total assets1,130,3301,113,249
Current liabilities:  
Accounts payable2,3823,591
Interest payable4,4594,494
Current portion of long-term debt, net17,32121,143
Due to related parties470
Other current liabilities8,4553,663
Total current liabilities32,66432,891
Redeemable warrant liability12,71549,933
Alignment shares liability136,826127,474
Long-term debt, net of unamortized debt issuance costs and current portion527,709524,837
Intangible liabilities, net12,53213,758
Asset retirement obligations7,9337,628
Deferred tax liabilities, net11,9739,603
Other long-term liabilities8,3165,587
Total liabilities750,668771,711
Commitments and contingent liabilities (Note 10)
Redeemable noncontrolling interests18,44415,527
Stockholders' equity  
Common stock $0.0001 par value; 988,591,250 shares authorized as of September 30, 2022, and December 31, 2021; 157,696,560 and 153,648,830 shares issued and outstanding as of September 30, 2022, and December 31, 2021, respectively1615
Preferred stock $0.0001 par value; 10,000,000 shares authorized, zero shares issued and outstanding as of September 30, 2022, and December 31, 202100
Additional paid-in capital455,869406,259
Accumulated deficit(113,802)(101,356)
Total stockholders' equity342,083304,918
Noncontrolling interests19,13521,093
Total equity361,218326,011
Total liabilities, redeemable noncontrolling interests, and stockholders' equity$ 1,130,330$ 1,113,249