Up Late & Saw The Results Are Inhttps://finance.yahoo.com/news/alterra-power-announces-results-ended-031000242.html
I might be mis-reading this, it has been a 20 hour day.
Reported 2016 EBIDTA $48,515 => beats $40,721 (from a year ago) even with weak generation, weak wind, weak Iceland...beats by $7,794 or 19.14%
| For the year ended
December 31, 2016(a) | HS Orka (66.6)% | Toba
Montrose (40%) | Dokie 1 (25.5%) | Shannon (50%) | Jimmie
Creek (51%) | Development
and Head
Office | Net interest
total | Consolidated
Results |
| Generation (MWh) | 747,544 | 291,779 | 71,258 | 340,039 | 41,514 | — | 1,492,134 | 1,122,438 |
| Total revenue | 40,517 | 22,383 | 6,299 | 6,049 | 4,886 | — | 80,134 | 60,837 |
| Gross profit (loss) | 7,986 | 15,068 | 3,250 | (2,747) | 3,674 | — | 27,231 | 11,992 |
| Adjusted EBITDA(b) | 18,993 | 17,043 | 4,385 | 998 | 4,135 | (6,567) | 38,987 | 48,515 |
Original forecast from company https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2016/Alterra-Power-Announces-Results-for-the-Year-Ended-December-31-2015/default.aspx
Outlook
2017 EBITDA $49,154 up slightly from a year ago $48,328; up 639 or 1.3% from 2017
2018 EBITDA $56,610; up $7,456 or 15.16% from 2017
We might have just found our spark!
I guess we will have to see how the market responds in the morning.
I am still waiting on more pipeline information; if you hype it up that much you still need to deliver. Think about the EBITDA growth on top of what is here!
Happily surprised this evening, I was actually expecting a tougher report; imagine what they can do when everything runs well. But that is why you diversify.
This is why you must have faith and Boldness! Ha!
Bold Forbes