Altius Renewable Royalties
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | <1m | - | <1m | 2.7m | 10.5m | 13.3m | 19.3m |
% growth | (24 %) | - | - | 241 % | 294 % | 27 % | 44 % |
EBITDA | (3.8m) | (2.4m) | (1.8m) | <1m | 7.1m | 10.4m | 14.1m |
% EBITDA margin | (2330 %) | - | (232 %) | 7 % | 68 % | 78 % | 73 % |
Profit | (2.0m) | (3.4m) | (<1m) | (1.1m) | (3.5m) | (<1m) | - |
% profit margin | (1210 %) | - | (100 %) | (40 %) | (33 %) | (4 %) | - |
EV / revenue | - | - | 193.5x | 35.6x | 17.7x | 15.3x | 10.3x |
EV / EBITDA | - | -76.1x | -83.5x | 505.3x | 26.1x | 19.6x | 14.1x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $100m | IPO | |
* | CAD35.1m | Post IPO Equity | |
* | N/A | $247m | Post IPO Debt |
* | CAD162m Valuation: CAD162m | Acquisition | |
Total Funding | - |
Recent News about Altius Renewable Royalties
EditFounded in 2017, Altius Renewable Royalties Corp. (ARR) is a renewable energy royalty company that focuses on enabling the growth of wind and solar energy projects. ARR operates in the renewable energy market, primarily serving utility-scale wind and solar energy developers. The company’s business model revolves around acquiring and managing royalties, which are long-term ongoing payments calculated as a percentage of gross revenue generated by the energy projects. This model provides ARR with a steady stream of income while mitigating risks through a diversified portfolio. ARR's clients include large-scale renewable energy developers who benefit from the financial support and risk-sharing that ARR offers. The company listed on the Toronto Stock Exchange in February 2021, reflecting its rapid growth and strong market presence. ARR's strategic partnership with Apollo Global Asset Management further strengthens its financial capabilities and market reach.
Keywords: renewable energy, royalties, wind energy, solar energy, utility-scale, diversified portfolio, risk mitigation, Toronto Stock Exchange, Apollo Global Asset Management, financial support.