Altius Renewable Royalties

Altius Renewable Royalties

Altius Renewable Royalties. Learn more

Launch date
Employees
Market cap
€242m
Enterprise valuation
€182m (Public information from Sep 2024)
St. John's Newfoundland and Labrador (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues<1m-<1m2.7m10.5m13.3m19.3m
% growth(24 %)--241 %294 %27 %44 %
EBITDA(3.8m)(2.4m)(1.8m)<1m7.1m10.4m14.1m
% 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--193.5x35.6x17.7x15.3x10.3x
EV / EBITDA--76.1x-83.5x505.3x26.1x19.6x14.1x
  • Edit
DateInvestorsAmountRound
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

Edit
More about Altius Renewable Royaltiesinfo icon
Edit

Founded 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.