ALTERNUS CLEAN ENERGY Q2 2025 TL;DR
The company faces substantial doubt regarding its ability to continue as a going concern, evidenced by unrestricted cash plummeting to just $10,000. Management reported material weaknesses in Internal Control over Financial Reporting (ICFR). Following extensive asset sales, revenues from continuing operations were effectively $0, although consolidated Net Income swung to a $5.1 million profit (YTD) driven entirely by $15.5 million in non-recurring gains from subsidiary sales (Italian and Spanish entities). Core operating cash flo
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