Alternus Clean Energy | 10-Q: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.EPS: As of FY2025 Q3, the actual value is USD -14.48.EBIT: As of FY2025 Q3, the actual value is USD -585 K.Segment RevenueThree Months Ended September 30, 2025United States (Continuing Operations): $0 Europe (Continuing Operations): $0 Europe (Discontinued Operations): $0 Total for the period: $0 Three Months Ended September 30, 2024United States (Continuing Operations): $93 thousand Europe (Continuing Operations): $0 Europe (Discontinued Operations): $3,649 thousand Total for the period: $3,742 thousand Nine Months Ended September 30, 2025United States (Continuing Operations): $0 Europe (Continuing Operations): $0 Europe (Discontinued Operations): $0 Total for the period: $0 Nine Months Ended September 30, 2024United States (Continuing Operations): $280 thousand Europe (Continuing Operations): $0 Europe (Discontinued Operations): $9,611 thousand Total for the period: $9,891 thousand Segment Net Income/(Loss)Three Months Ended September 30, 2025Europe (Continuing Operations): - $335 thousand Europe (Discontinued Operations): $0 United States (Continuing Operations): - $9,414 thousand Total for the period: - $9,749 thousand Three Months Ended September 30, 2024Europe (Continuing Operations): - $1,500 thousand Europe (Discontinued Operations): - $2,370 thousand United States (Continuing Operations): - $1,200 thousand Total for the period: - $5,070 thousand Nine Months Ended September 30, 2025Europe (Continuing Operations): $14,026 thousand Europe (Discontinued Operations): $0 United States (Continuing Operations): - $18,720 thousand Total for the period: - $4,694 thousand Nine Months Ended September 30, 2024Europe (Continuing Operations): - $4,376 thousand Europe (Discontinued Operations): - $5,419 thousand United States (Continuing Operations): - $8,691 thousand Total for the period: - $18,486 thousand Segment AssetsAs of September 30, 2025Europe (Continuing Operations - Other Assets): $26,199 thousand United States (Continuing Operations - Other Assets): $31,311 thousand As of December 31, 2024Europe (Continuing Operations - Other Assets): $3,959 thousand United States (Continuing Operations - Other Assets): $3,768 thousand Segment LiabilitiesAs of September 30, 2025Europe (Continuing Operations - Debt): $1,173 thousand Europe (Continuing Operations - Other Liabilities): $867 thousand United States (Continuing Operations - Debt): $12,830 thousand United States (Continuing Operations - Other Liabilities): $20,015 thousand As of December 31, 2024Europe (Continuing Operations - Debt): $19,807 thousand Europe (Continuing Operations - Other Liabilities): $1,200 thousand United States (Continuing Operations - Debt): $9,598 thousand United States (Continuing Operations - Other Liabilities): $11,007 thousand Segment EBITDAThree Months Ended September 30, 2025Europe (Continuing Operations): - $306 thousand Europe (Discontinued Operations): $0 United States (Continuing Operations): - $677 thousand Total for the period: - $983 thousand Three Months Ended September 30, 2024Europe (Continuing Operations): $1,849 thousand Europe (Discontinued Operations): - $663 thousand United States (Continuing Operations): - $1,780 thousand Total for the period: - $594 thousand Nine Months Ended September 30, 2025Europe (Continuing Operations): - $1,044 thousand Europe (Discontinued Operations): $0 United States (Continuing Operations): - $5,119 thousand Total for the period: - $6,162 thousand Nine Months Ended September 30, 2024Europe (Continuing Operations): - $1,026 thousand Europe (Discontinued Operations): $5,468 thousand United States (Continuing Operations): - $6,658 thousand Total for the period: - $2,216 thousand Operational Metrics (Consolidated)Net Income/(Loss)Three Months Ended September 30, 2025: - $9,749 thousand Three Months Ended September 30, 2024: - $5,070 thousand Nine Months Ended September 30, 2025: - $4,694 thousand Nine Months Ended September 30, 2024: - $18,486 thousand Selling, General and Administrative ExpensesThree Months Ended September 30, 2025: - $984 thousand Three Months Ended September 30, 2024: - $1,524 thousand Nine Months Ended September 30, 2025: - $6,163 thousand Nine Months Ended September 30, 2024: - $7,204 thousand Depreciation, Amortization, and AccretionThree Months Ended September 30, 2025: $0 Three Months Ended September 30, 2024: - $52 thousand Nine Months Ended September 30, 2025: - $130 thousand Nine Months Ended September 30, 2024: - $175 thousand Interest ExpenseThree Months Ended September 30, 2025: - $399 thousand Three Months Ended September 30, 2024: - $1,572 thousand Nine Months Ended September 30, 2025: - $3,839 thousand Nine Months Ended September 30, 2024: - $4,854 thousand Cash Flow (Consolidated)Net Cash provided by/(used in) Operating ActivitiesNine Months Ended September 30, 2025: - $2,321 thousand Nine Months Ended September 30, 2024 (Continuing Operations): - $1,820 thousand Nine Months Ended September 30, 2024 (Discontinued Operations): - $4,579 thousand Net Cash provided by/(used in) Investing ActivitiesNine Months Ended September 30, 2025: $0 Nine Months Ended September 30, 2024 (Continuing Operations): - $6,544 thousand Nine Months Ended September 30, 2024 (Discontinued Operations): $69,019 thousand Net Cash provided by/(used in) Financing ActivitiesNine Months Ended September 30, 2025: $2,198 thousand Nine Months Ended September 30, 2024 (Continuing Operations): $664 thousand Nine Months Ended September 30, 2024 (Discontinued Operations): - $80,422 thousand Unique MetricsOperating Nameplate Capacity (MW DC)As of September 30, 2025 (Continuing Operations - United States): $0 As of September 30, 2024 (Continuing Operations - United States): $3.8 As of September 30, 2024 (Discontinued Operations - Netherlands): $11.8 As of September 30, 2024 (Discontinued Operations - Poland): $88.4 As of September 30, 2024 (Discontinued Operations - Romania): $40.1 Annual Recurring Revenues (ARR): Alternus Clean Energy, Inc. uses ARR, defined as estimated future revenue from operating solar parks based on remaining contract term and energy production, as a key financial management metric. This method is believed to better reflect the long-term stability of operations, though actual revenues may be lower than ARR in the first year of operation for new parks or due to acquisition timing. Future Outlook and StrategyAlternus Clean Energy, Inc. plans to expand beyond core utility solar operations by integrating microgrids and on-site generation systems to provide energy resilience and grid independence for customers. The company intends to form strategic partnerships and pursue targeted ventures and acquisitions in high-growth areas like battery storage and circular economy energy systems to enhance technical capabilities and diversify revenue streams. The strategy emphasizes acquiring utility-scale clean energy projects, expanding into complementary market segments, strengthening relationships with developers, and optimizing financing to support long-term growth and profitability, alongside establishing a formal sustainability policy framework.