Aug. 11 at 9:34 PM
$AMRC Here's a slightly altered Ameresco sheet, this time with Net income in the bottom right (instead of "Other Revenue" which is not as insightful).
Something I did not mention yet: of the
$97 mln of adjusted EBITDA, as many as 71% came from recurring parts of the Ameresco business. So contrary to what Canning2019 is stating, this is a very stable business with positive EBITDA margins in every part of the Ameresco business for years now.
I have great confidence Ameresco share price will go up to
$30 in the upcoming months. We now had some profit taking / day trading, but did you guys notice how Ameresco's stock went up Friday-night at the end of the after market trading? That is very typical on Friday night after hours, when market makers or hedge funds need to buy back short positions they held as a hedge against written call options. The fact that Ameresco share price went up, means it were shorts who had to cover.
And they are going to have to cover a lot more soon.
