Alternus Clean Energy, Inc. (ACLEW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
17 STATE STREET, SUITE 4000 NEW YORK CITY, NY 10004 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4931 - Electric and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 4,618 | 630 | |||
| Cash and cash equivalent | 4,618 | 630 | |||
| Restricted cash and investments | 19,161 | ||||
| Receivables | 7,625 | 7 | |||
| Prepaid expense | 298 | ||||
| Asset, held-in-trust | 235,586 | ||||
| Disposal group, including discontinued operation | 80,943 | ||||
| Other undisclosed current assets | 2,608 | ||||
| Total current assets: | 114,955 | 236,522 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | 1,330 | ||||
| Property, plant and equipment | 61,302 | ||||
| Asset, held-in-trust | 235,586 | ||||
| Deferred costs | 6,216 | ||||
| Other noncurrent assets | |||||
| Other receivable, after allowance for credit loss | ✕ | ||||
| Other undisclosed noncurrent assets | 1,483 | (235,586) | |||
| Total noncurrent assets: | 70,331 | ||||
| TOTAL ASSETS: | 185,286 | 236,522 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 5,084 | 2,083 | |||
| Accounts payable | 5,084 | 48 | |||
| Accrued liabilities | 2,035 | ||||
| Deferred revenue | 5,607 | ||||
| Debt | 198,434 | ||||
| Derivative instruments and hedges, liabilities | |||||
| Disposal group, including discontinued operation | 14,259 | ||||
| Other liabilities | |||||
| Due to related parties | ✕ | ✕ | 806 | ||
| Other undisclosed current liabilities | 23,707 | 4,970 | |||
| Total current liabilities: | 247,091 | 7,860 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 1,449 | ||||
| Asset retirement obligations | 197 | ||||
| Operating lease, liability | 1,252 | ||||
| Total noncurrent liabilities: | 1,449 | ||||
| Total liabilities: | 248,540 | 7,860 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (63,254) | (6,924) | |||
| Common stock | 7 | ||||
| Additional paid in capital | 27,874 | ||||
| Accumulated other comprehensive loss | (2,924) | ||||
| Accumulated deficit | (88,211) | (6,925) | |||
| Other undisclosed equity, attributable to parent | 1 | ||||
| Other undisclosed equity | (46) | 235,586 | |||
| Total equity: | (63,300) | 228,662 | |||
| Other undisclosed liabilities and equity | 46 | ||||
| TOTAL LIABILITIES AND EQUITY: | 185,286 | 236,522 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Revenues | 20,084 | 2,228 | ||
| Realized investment gains | 2,228 | |||
| Gross profit: | 20,084 | 2,228 | ||
| Operating expenses | (25,652) | (2,578) | ||
| Other undisclosed operating income (loss) | (2,228) | |||
| Operating loss: | (5,568) | (2,578) | ||
| Nonoperating income (expense) | (48,069) | 3,286 | ||
| Other nonoperating income (expense) | (48,069) | 3,286 | ||
| Interest and debt expense | (18,562) | 4 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (72,199) | 712 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 18,562 | (4) | ||
| Income (loss) from continuing operations before income taxes: | (53,637) | 708 | ||
| Income tax expense (benefit) | (15) | (648) | ||
| Income (loss) from continuing operations: | (53,652) | 60 | ||
| Loss from discontinued operations | (15,812) | |||
| Other undisclosed net loss | ||||
| Net income (loss) attributable to parent: | (69,464) | 60 | ||
| Preferred stock dividends and other adjustments | (42,756) | |||
| Other undisclosed net income available to common stockholders, basic | 15,812 | |||
| Net loss available to common stockholders, diluted: | (53,652) | (42,696) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Net income (loss): | (69,464) | 60 | ||
| Other comprehensive income | ||||
| Comprehensive income (loss): | (69,464) | 60 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 714 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (68,750) | 60 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.