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
(Gain) loss on disposal of property, plant and equipment
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 (loss) before income tax expense
Income tax benefit (expense)
Net income (loss)
Net income (loss) attributable to noncontrolling interests and redeemable
noncontrolling interests
Net income (loss) attributable to Altus Power, Inc.
Net income (loss) per share attributable to common stockholders
Basic
Diluted
Weighted average shares used to compute net income (loss) per share
attributable to common stockholders
Basic
Diluted
$
$
$
$
$
$
$
$
Three Months Ended
September 30,
2023
45,079
7,825
8,194
13,719
268
50
4,176
34,232
10,847
(3,508)
339
9,180
6,011
4,836
1,940
6,776
1,446
5,330
0.03
0.03
158,719,684
160,198,154
$
$
$
2022
30,438
4,488
6,560
7,134
237
825
(2,222)
2,708
19,730
10,708
29,564
72,418
(2,267)
5,657
105,372
$ (94,664)
(1,964)
$ (96,628)
352
$ (96,980)
$ (0.63)
$ (0.63)
154,455,228
154,455,228
$
$
$
$
$
$
es
$
$
Nine Months Ended.
September 30,
2023
120,970
21,382
23,847
38,054
3,128
150
649
11,304
98,514
22,456
(23,331)
1,569
30,150
8,388
14,068
(77)
13,991
(3,781)
17,772
0.11
0.11
158,687,373
160,965,682
$
$
$
2022
74,399
12,842
19,502
20,819
583
(146)
(2,222)
6,670
58,048
16,351
6,447
9,367
(2,860)
15,768
28,722
$ (12,371)
(2,548)
$ (14,919)
(2,473)
$ (12,446)
$ (0.08)
$ (0.08)
153,482,503
153,482,503
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