|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0900 - 0.0900|
|52 Week Range||0.0210 - 0.1720|
|Beta (3Y Monthly)||6.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (16.81%)|
|1y Target Est||N/A|
New York, NY, April 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Alternus Energy Inc. (OTC: ALTN) (the “Company” or “Alternus”), a global renewable energy company, today announced the Company's financial results for the year ended December 31, 2018.
New York, NY, Jan. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Alternus Energy Inc. (ALTN), a global renewable energy company, today announced that its wholly owned subsidiary, PC_Italia_02 S.r.l., recently completed the previously announced acquisition of 3 Italian solar PV parks from Liquid Sun S.r.l. The new parks, which have been operating for nearly 5 years, bring approximately €600k (approximately $700k) additional annual revenues to ALTN with over 85% operating margins. As a result, ALTN has a backlog of approximately €9.5 million (approximately $11 million at current exchange rates) of contracted revenues over the next 15 years.
NEW YORK, NY, Jan. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Alternus Energy Inc. (ALTN), a global renewable energy company, recently announced its financial results for the quarter and nine months ended September 30, 2018. Gross profit was $422,160, a 43% increase compared to $293,120 for the same period last year. Operating profit was $183,111, a 240% increase compared to $53,853 for the same period last year.
“Over the past 3 years we have been building the foundation for a sustainable and substantial long-term global business in alternative energy. “Given this inflection point in the business, along with our actions underway to pursue an up-listing of the Company to a US National Exchange (market conditions depending), we felt that now was the time to change the identity of the Company to one that better reflects our focus on alternative energy over the long term – not just in solar as it is today, but all forms of alternative energy projects and technologies that we can address in the future.