Altus Power Results Presentation Deck
Statement of
Operations
ALTUSPOWER
Condensed Consolidated Income Statement
(In thousands, except share and per share data)
Operating revenues, net
Operating expenses
Cost of operations (exclusive of depreciation and amortization shown
separately below)
General and administrative
Depreciation, amortization and accretion expense
Acquisition and entity formation costs
Loss (gain) on fair value remeasurement of contingent consideration
Stock-based compensation
Total operating expenses
Operating income
Other (income) expense
Change in fair value of redeemable warrant liability
Change in fair value of alignment shares liability
Other expense (income), net
Interest expense, net
Total other expense (income)
Income before income tax expense
Income tax expense
Net income
Net loss attributable to noncontrolling interests and redeemable
noncontrolling interests
Net income attributable to Altus Power, Inc.
Net income per share attributable to common stockholders
Basic
Diluted
$
Ś
$
$
$
$
$
$
Weighted average shares used to compute net income per share attributable to
common stockholders
Basic
Diluted
Three Months Ended
June 30,
2023
46,513
7,581
8,291
12,959
1,369
50
4,256
34,506
12,007
(2,805)
1,789
8,524
7,508
4,499
(1,129)
3,370
(3,455)
6,825
0.04
0.04
158,719,684
158,978,275
$
$
$
$
$
$
$
2022
24,762
4,290
6,558
6,863
52
(1,140)
2,657
19,280
5,482
$
$
(4,659)
(16,705)
(608)
5,173
(16,799)
22,281
(707)
21,574 $
(2,541)
24,115 $
153,310,068
153,954,843
$
$
0.16 $
0.16 $
Six Months Ended
June 30,
2023
75,891
13,557
15,653
24,335
2,860
100
7,128
63,633
12,258
$
(19,823)
1,879
20,970
3,026 $
9,232 $
(2,017)
7,215
0.08
0.08
$
158,670,950
160,747,045
(5,227)
12,442 $
$
es
$
2022
43,961
8,354
12,942
13,685
346
(971)
3,962
38,318
5,643
(23,117)
(63,051)
(593)
10,111
(76,650)
82,293
(584)
81,709
(2,825)
84,534
0.55
0.55
152,988,078
153,771,992
17View entire presentation