Ameresco, Inc.
Cash Flow Statement
| Line Item | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-2.9M | $33.7M | $21.3M | $6.4M | $1.1M | $17.9M | $27.4M | $32.2M |
| Depreciation & Amortization | $18.8M | $19.9M | $16.6M | $15.6M | $13.9M | $15.2M | $13.5M | $12.9M |
| Depreciation | $1.2M | $1.3M | $1.2M | $963.0K | $644.0K | $608.0K | $653.0K | $670.0K |
| Amortization | $539.0K | $685.0K | $690.0K | $689.0K | $302.0K | $396.0K | $442.0K | $442.0K |
| Stock-Based Compensation | $3.0M | $-2.0M | $4.3M | $4.0M | $4.0M | $4.2M | $3.6M | $3.7M |
| Net Cash from Operating Activities | $20.8M | $-29.6M | $-6.6M | $-92.6M | $58.8M | $-65.1M | $34.7M | $-31.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $962.0K | $1.1M | $1.9M | $1.0M | $1.7M | $1.3M | $1.5M | $1.6M |
| Business Acquisitions | $0 | $-1.0K | $-1.0K | $2.0K | $9.2M | $0 | $0 | $0 |
| Net Cash from Investing Activities | $-103.8M | $-101.8M | $-186.0M | $-178.0M | $-101.3M | $-125.7M | $-70.4M | $-74.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $77.4M | $108.4M | $267.3M | $158.9M | $106.1M | $176.0M | $88.5M | $110.3M |
| Net Change in Cash | $-5.7M | $-22.0M | $73.9M | $-111.8M | $63.7M | $-13.7M | $52.3M | $2.9M |
| Free Cash Flow | $19.9M | $-30.7M | $-8.5M | $-93.6M | $57.1M | $-66.4M | $33.2M | $-33.4M |