Ameresco, Inc. ( (AMRC) ) has released its Q1 earnings. Here is a breakdown of the information Ameresco, Inc. presented to its investors.
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Ameresco, Inc. is a prominent energy solutions provider focused on aiding clients in the energy transition, offering services in energy efficiency, infrastructure upgrades, and distributed energy resources across North America and Europe.
In its first quarter of 2025, Ameresco reported a notable increase in total revenue and adjusted EBITDA, with growth rates of 18% and 32% respectively, despite a net loss attributable to common shareholders. The company also highlighted a significant increase in its project backlog, enhancing its revenue visibility to nearly $10 billion.
Key financial metrics for the quarter included revenues of $352.8 million and an adjusted EBITDA of $40.6 million. The company’s project backlog saw a substantial increase, with a contracted backlog rising by 78% year-over-year. Ameresco’s strategic focus on project execution and asset deployment has contributed to its robust financial performance.
Looking forward, Ameresco maintains a positive outlook for 2025, reiterating its revenue and adjusted EBITDA guidance. The company anticipates continued growth driven by its strong project pipeline and strategic initiatives in the energy sector.