Ameresco, Inc. is an independent provider of comprehensive energy efficiency and renewable energy solutions. The Company engages in the development, design, engineering, and installation of projects that reduce the energy, as well as operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Its set of services includes upgrades to a facility's energy infrastructure. Ameresco provides renewable energy products and services that include the construction of small-scale plants that produce electricity, gas, heat, or cooling from renewable sources of energy; the sale of such electricity, processed landfill gas, heat, or cooling from plants that it owns; and the sale and installation of solar energy products and systems for both on-grid and off-grid applications. It distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components.

Ameresco was founded in 2000 and is headquartered in Framingham, US

Ameresco has an office in Framingham

Framingham, US (HQ)

111 Speen St

Ameresco's revenue was reported to be $651.2 m in FY, 2016

USD

## Net income (Q1, 2017) | (1.7 m) |

## Market capitalization (25-Jul-2017) | 300.4 m |

## Cash (31-Mar-2017) | 24.5 m |

Ameresco's current market capitalization is $300.4 m.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 574.2 m | 593.2 m | 630.8 m | 651.2 m |

## Revenue growth, % | 3% | 6% | 3% | |

## Cost of goods sold | 513.8 m | 516.9 m | ||

## Gross profit | 117.1 m | 134.3 m | ||

## Gross profit Margin, % | 19% | 21% | ||

## General and administrative expense | 110.6 m | |||

## Operating expense total | 110.6 m | |||

## EBIT | 7.1 m | 23.8 m | ||

## EBIT margin, % | 1% | 4% | ||

## Income tax expense | 2.8 m | 4.4 m | ||

## Net Income | 2.4 m | 10.4 m | 3 m | 12 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 152.5 m | 189.1 m | 133.8 m | 162.6 m | 180.6 m | ||||

## Cost of goods sold | 121.6 m | 152.8 m | 106.1 m | 130.8 m | 141.8 m | ||||

## Gross profit | 30.9 m | 36.3 m | 27.7 m | 31.9 m | 38.8 m | ||||

## Gross profit Margin, % | 20% | 19% | 21% | 20% | 21% | ||||

## General and administrative expense | 25.8 m | 26.6 m | 25.9 m | 27.1 m | 28.9 m | ||||

## Operating expense total | 25.8 m | 26.6 m | 25.9 m | 27.1 m | 28.9 m | ||||

## EBIT | 5.1 m | 9.7 m | 1.8 m | 4.7 m | 9.9 m | ||||

## EBIT margin, % | 3% | 5% | 1% | 3% | 6% | ||||

## Pre tax profit | 7.7 m | ||||||||

## Income tax expense | 1.7 m | 3.3 m | 241 k | 766 k | 1.9 m | ||||

## Net Income | (5.6 m) | 1.7 m | (4.2 m) | (2.2 m) | 2 m | 704 k | 2.8 m | 8.6 m | (1.7 m) |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 17.2 m | 23.8 m | 21.6 m | 20.6 m |

## Accounts Receivable | 86 m | 71.7 m | 73.4 m | 85.4 m |

## Inventories | 10.2 m | 8.7 m | 11.7 m | 12.1 m |

## Current Assets | 249.8 m | 226.7 m | 263.7 m | 226.1 m |

## PP&E | 8.7 m | 7.4 m | 5.3 m | 5 m |

## Goodwill | 53.1 m | 60.5 m | 59.1 m | 58 m |

## Total Assets | 604.7 m | 629.7 m | 728.7 m | 797.3 m |

## Accounts Payable | 88.7 m | 87.8 m | 114.8 m | 126.6 m |

## Current Liabilities | 131.2 m | 146.1 m | 179.7 m | 190.6 m |

## Common Stock | 2.8 k | 3 k | 3 k | 3 k |

## Additional Paid-in Capital | 102.6 m | 107.4 m | 110.3 m | 112.9 m |

## Retained Earnings | 171.1 m | 181.5 m | 184.5 m | 194.4 m |

## Total Equity | 289.5 m | 294.3 m | ||

## Financial Leverage | 2.5 x | 2.7 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 16.4 m | 23.5 m | 17.7 m | 19.3 m | 21.3 m | 17.1 m | 15.3 m | 18.4 m | 24.5 m |

## Accounts Receivable | 74.9 m | 92.7 m | 65.6 m | 68.6 m | 75.6 m | 69.1 m | 80.4 m | 80.7 m | 55.1 m |

## Inventories | 9.3 m | 9.1 m | 8.9 m | 10.1 m | 12.2 m | 13.5 m | 14.4 m | 13.4 m | 11 m |

## Current Assets | 224 m | 244.7 m | 210.2 m | 227.1 m | 256.3 m | 226 m | 243.4 m | 236.6 m | 199.3 m |

## PP&E | 8.2 m | 7.9 m | 6.8 m | 6.4 m | 5.9 m | 5.1 m | 5.9 m | 5.6 m | 4.5 m |

## Goodwill | 56.5 m | 61.1 m | 59.4 m | 59.9 m | 59.4 m | 59.1 m | 58.6 m | 58.4 m | 55.4 m |

## Total Assets | 587 m | 634.4 m | 612.6 m | 637.1 m | 694.8 m | 670.2 m | 724.4 m | 734.1 m | 815.3 m |

## Accounts Payable | 73.7 m | 79.8 m | 63.6 m | 79.3 m | 112.4 m | 91 m | 113 m | 125 m | 89.6 m |

## Current Liabilities | 122.9 m | 135.9 m | 126.3 m | 141.6 m | 183 m | 152.9 m | 172.6 m | 182 m | 149.2 m |

## Common Stock | 3 k | 3 k | 3 k | 3 k | 3 k | 3 k | 3 k | 3 k | |

## Additional Paid-in Capital | 104.9 m | 108.6 m | 108.5 m | 109 m | 109.4 m | 111 m | 111.5 m | 112.4 m | 113.5 m |

## Retained Earnings | 165.5 m | 172.8 m | 177.3 m | 179.3 m | 183.5 m | 185.5 m | 187.5 m | 193.2 m | 197.7 m |

## Total Equity | 285.3 m | 287.2 m | 288.9 m | 287.9 m | 292.2 m | 296.4 m | |||

## Financial Leverage | 2.2 x | 2.4 x | 2.3 x | 2.5 x | 2.5 x | 2.8 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 2.4 m | 10.4 m | (2.6 m) | 12 m |

## Depreciation and Amortization | 3.1 m | 3 m | 3.3 m | 3 m |

## Accounts Receivable | (2.6 m) | 8.6 m | (4.5 m) | (12 m) |

## Inventories | 371.1 k | 5.5 m | (3.4 m) | 1.1 m |

## Cash From Operating Activities | (60.6 m) | |||

## Purchases of PP&E | (2.3 m) | (1.7 m) | (1.3 m) | (2.8 m) |

## Cash From Investing Activities | (29.9 m) | |||

## Long-term Borrowings | (14.7 m) | (18.4 m) | (12.4 m) | (14 m) |

## Cash From Financing Activities | 43.2 m | |||

## Interest Paid | 7.2 m | 6.6 m | 5.5 m | 7.2 m |

## Income Taxes Paid | 3.8 m | 3.1 m | 1.4 m | 3.5 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (5.6 m) | 1.7 m | (4.2 m) | (2.2 m) | 2 m | 704 k | 2.8 m | 8.6 m | (1.7 m) |

## Depreciation and Amortization | 1.7 m | 2.5 m | 748 k | 1.6 m | 2.3 m | 772 k | 1.6 m | 2.3 m | 693 k |

## Accounts Receivable | 10.9 m | (11.3 m) | 5.1 m | 2.4 m | (5.3 m) | 5.1 m | (8.7 m) | (7.1 m) | 30.5 m |

## Inventories | 1 m | 1.2 m | (66 k) | (1.3 m) | (3.3 m) | (325 k) | |||

## Purchases of PP&E | (1.2 m) | (1.6 m) | (285 k) | (643 k) | (1 m) | (497 k) | (2.2 m) | (2.7 m) | (387 k) |

## Long-term Borrowings | (10.9 m) | (13.9 m) | (2.5 m) | (6.1 m) | (9.1 m) | (2.6 m) | (6.1 m) | (9.2 m) | (8 m) |

## Interest Paid | 3.5 m | 5 m | 1.5 m | 2.9 m | 4.2 m | 1.3 m | 3.2 m | 5 m | 2.4 m |

## Income Taxes Paid | 1.8 m | 2.7 m | 106 k | 933 k | 1.2 m | 942 k | 2 m | 2.9 m | 211 k |

Y, 2017 | |
---|---|

## Financial Leverage | 2.8 x |