{ "docId": "019de515-1fe5-706c-98de-395a00be88ff", "docSlug": "f447e217328e77b64dc7ce636f1030e6", "documentTitle": "Altus Power | Results Presentation Deck | 21 slides", "authorId": "altus-power", "authorName": "Altus Power", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 19, "pageCount": 21, "prevPage": 18, "nextPage": 20, "slideType": "other", "function": "other", "density": "overcrowded", "nDataPoints": 64, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-1fe5-706c-98de-395a00be88ff/19", "deckHref": "/decks/019de515-1fe5-706c-98de-395a00be88ff", "deckJsonHref": "/decks/019de515-1fe5-706c-98de-395a00be88ff.json", "deckAnchorHref": "/decks/019de515-1fe5-706c-98de-395a00be88ff#slide-19", "components": [ { "bbox": { "h": 0.013, "w": 0.018, "x": 0.913, "y": 0.954 }, "kind": "source-note", "text": "19", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "13b5016d-1969-4484-984d-6287d4aeb196", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.44, "x": 0.474, "y": 0.089 }, "kind": "subtitle", "text": "(In thousands, except share and per share data)", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d9533810-9de7-4248-b869-47e3b402153c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.844, "w": 0.54, "x": 0.376, "y": 0.119 }, "kind": "table", "text": "Operating revenues, net $ 26,764 $ 21,578 $ 101,163 $ 71,800 Operating expenses Cost of operations (exclusive of depreciation and amortization shown separately below) 4,690 4,024 17,532 14,029 General and administrative 5,524 4,694 25,026 16,767 Depreciation, amortization and accretion expense 8,781 6,800 29,600 20,967 Acquisition and entity formation costs 3,046 303 3,629 1,489 Loss (gain) on fair value remeasurement of contingent consideration 225 (400) 79 (2,800) Gain on disposal of property, plant and equipment (12,842) (2,222) (12,842) Stock-based compensation 2,734 37 9,404 148 Total operating expenses $ 25,000 $ 2,616 $ 83,048 $ 37,758 Operating income 1,764 18,962 18,115 34,042 Other (income) expenses Change in fair value of redeemable warrant liability (800) 2,332 5,647 2,332 Change in fair value of Alignment Shares liability (70,681) (5,013) (61,314) (5,013) Other (income) expense, net (1,066) (593) (3,926) 245 Interest expense, net 6,394 5,971 22,162 19,933 Loss on extinguishment of debt 2,303 2,303 3,245 Total other (income) expense $ (63,850) $ 2,697 $ (35,128) $ 20,742 Income before income tax expense $ 65,614 $ 16,265 $ 53,243 $ 13,300 Income tax expense 1,472 (1,792) (1,076) (295) Net income $ 67,086 $ 14,473 $ 52,167 $ 13,005 Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (797) 7,285 (3,270) 7,099 Net income attributable to Altus Power, Inc. $ 67,883 $ 7,188 $ 55,437 $ 5,906 Net income per share attributable to common stockholders Basic $ 0.43 $ 0.07 $ 0.36 $ 0.06 Diluted $ 0.42 $ 0.06 $ 0.35 $ 0.06 Weighted average shares used to compute net income per share attributable to common stockholders Basic 158,109,614 104,653,303 154,648,788 92,751,839 Diluted 159,338,967 109,155,128 155,708,993 96,603,428", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "88a5a6fa-0ab1-49e9-95f6-94b5281be520", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.238, "x": 0.015, "y": 0.42 }, "kind": "title", "text": "Statement of Operations", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2adfc4b2-218f-445b-8856-825567ab4dc1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.44, "x": 0.474, "y": 0.066 }, "kind": "title", "text": "Consolidated Statements of Operations", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b1640251-e633-4da2-bedd-dfb31a66e927", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "452edc3e-d16d-4cd0-b295-b3b710b0e275", "evidence": "table/data: Operating revenues, net $ 26,764 $ 21,578 $ 101,163 $ 71,800 Operating expenses Cost of operations (exclusive of depreciation and amortization shown separately below) 4,690 4,024 17,532 14,029 General and adm", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 21, "from": 12, "beatId": "b2e4e8c2-1c17-4bb8-9bd5-872e98c66423", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Action", "beatSlug": "monroes-sequence-action", "evidence": "Slides 12-21 provide additional information and key takeaways", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [ { "to": 20, "from": 15, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "820365df-ddc0-4492-bb11-c7466e5023b0", "evidence": "Slides 15-20 imply the cost of inaction and the benefits of Altus Power's approach", "position": 1, "objective": "The cost of inaction in the clean energy space", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }