See more : Fast Finance S.A. (FFI.WA) Income Statement Analysis – Financial Results
Complete financial analysis of Genie Energy Ltd. (GNE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Genie Energy Ltd., a leading company in the Regulated Electric industry within the Utilities sector.
You may be interested
- CIL Nova Petrochemicals Limited (CNOVAPETRO.NS) Income Statement Analysis – Financial Results
- Lindab International AB (publ) (LIAB.ST) Income Statement Analysis – Financial Results
- High Country Bancorp, Inc. (HCBC) Income Statement Analysis – Financial Results
- Netflix, Inc. (NFLX.NE) Income Statement Analysis – Financial Results
- CEMATRIX Corporation (CTXXF) Income Statement Analysis – Financial Results
Genie Energy Ltd. (GNE)
About Genie Energy Ltd.
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 428.71M | 315.54M | 363.73M | 379.31M | 315.29M | 280.31M | 264.20M | 212.11M | 210.11M | 275.03M | 279.17M | 229.46M | 203.56M | 201.36M | 264.71M |
| Cost of Revenue | 282.50M | 160.76M | 258.86M | 281.63M | 232.39M | 203.76M | 178.69M | 135.17M | 141.02M | 223.09M | 213.42M | 159.87M | 149.71M | 143.53M | 192.55M |
| Gross Profit | 146.21M | 154.78M | 104.86M | 97.69M | 82.90M | 76.55M | 85.51M | 76.94M | 69.09M | 51.94M | 65.76M | 69.59M | 53.85M | 57.83M | 72.16M |
| Gross Profit Ratio | 34.10% | 49.05% | 28.83% | 25.75% | 26.29% | 27.31% | 32.37% | 36.27% | 32.88% | 18.88% | 23.55% | 30.33% | 26.45% | 28.72% | 27.26% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 207.00K | 39.00K | 0.00 | -269.00K | 1.99M | 12.51M | 11.39M | 9.37M | 7.84M | 5.23M | 6.25M |
| General & Administrative | 84.81M | 67.86M | 64.67M | 70.65M | 68.07M | 61.58M | 80.12M | 61.57M | 66.04M | 61.37M | 49.75M | 54.00M | 17.80M | 0.00 | 0.00 |
| Selling & Marketing | 6.30M | 7.10M | 7.10M | 6.30M | 4.40M | 2.40M | 2.10M | 1.40M | 900.00K | 300.00K | 200.00K | 800.00K | 15.97M | 0.00 | 0.00 |
| SG&A | 91.11M | 74.96M | 71.77M | 76.95M | 72.47M | 61.58M | 80.12M | 61.57M | 66.04M | 61.37M | 49.75M | 54.00M | 33.77M | 21.18M | 26.86M |
| Other Expenses | 45.09M | -520.00K | 707.00K | 639.00K | 1.07M | 156.00K | -367.00K | 207.00K | -193.00K | 389.00K | -444.00K | -143.00K | 24.00K | 86.00K | 118.00K |
| Operating Expenses | 136.20M | 74.96M | 71.77M | 76.95M | 72.67M | 61.83M | 85.00M | 67.45M | 74.61M | 73.88M | 61.14M | 63.37M | 41.64M | 26.49M | 33.23M |
| Cost & Expenses | 415.58M | 235.72M | 330.63M | 358.58M | 305.07M | 265.59M | 263.69M | 202.62M | 215.62M | 296.98M | 274.55M | 223.24M | 191.35M | 170.03M | 225.78M |
| Interest Income | 5.08M | 835.00K | 34.00K | 190.00K | 448.00K | 557.00K | 295.00K | 332.00K | 411.00K | 469.00K | 449.00K | 404.00K | 1.20M | 1.00K | 67.00K |
| Interest Expense | 99.00K | 129.00K | 427.00K | 328.00K | 530.00K | 401.00K | 310.00K | 332.00K | 10.00K | 0.00 | 3.22M | 2.91M | 3.17M | 1.72M | 67.00K |
| Depreciation & Amortization | 463.00K | 385.00K | 436.00K | 2.96M | 3.63M | 2.06M | 2.14M | 581.00K | 428.00K | 132.00K | 110.00K | 124.00K | 24.00K | 86.00K | 118.00K |
| EBITDA | 18.67M | 78.04M | 24.52M | 25.72M | 10.14M | 11.49M | -4.47M | -29.39M | -7.68M | -24.68M | -2.48M | 6.35M | 12.24M | 29.84M | 41.09M |
| EBITDA Ratio | 4.35% | 25.52% | 9.65% | 6.24% | 3.34% | 5.02% | 0.76% | 23.50% | -2.43% | -6.60% | 1.98% | 2.77% | 6.31% | 15.59% | 14.71% |
| Operating Income | 10.01M | 77.75M | 33.09M | 19.34M | 6.91M | 8.55M | -6.54M | -30.51M | -5.88M | -25.61M | 626.00K | 3.05M | 6.97M | 31.33M | 41.52M |
| Operating Income Ratio | 2.33% | 24.64% | 9.10% | 5.10% | 2.19% | 3.05% | -2.48% | -14.39% | -2.80% | -9.31% | 0.22% | 1.33% | 3.43% | 15.56% | 15.69% |
| Total Other Income/Expenses | 8.10M | -231.00K | -430.00K | -1.14M | -3.85M | -2.95M | -7.43M | 539.00K | -179.00K | -2.50M | -3.21M | -2.65M | -2.58M | -3.30M | 1.10M |
| Income Before Tax | 18.11M | 77.52M | 32.66M | 23.87M | 5.98M | 9.02M | -6.92M | -29.97M | -8.11M | -27.31M | -2.59M | 395.00K | 4.39M | 28.03M | 40.98M |
| Income Before Tax Ratio | 4.22% | 24.57% | 8.98% | 6.29% | 1.90% | 3.22% | -2.62% | -14.13% | -3.86% | -9.93% | -0.93% | 0.17% | 2.16% | 13.92% | 15.48% |
| Income Tax Expense | 4.24M | 21.04M | 8.79M | 8.31M | 4.60M | -12.38M | 1.73M | 2.22M | 525.00K | 95.00K | 2.76M | 2.93M | 6.95M | 13.95M | 18.25M |
| Net Income | 19.54M | 56.49M | 29.21M | 13.16M | 1.38M | 22.79M | -6.99M | -24.53M | -7.46M | -26.49M | -5.90M | -3.28M | 1.63M | 14.57M | 22.75M |
| Net Income Ratio | 4.56% | 17.90% | 8.03% | 3.47% | 0.44% | 8.13% | -2.65% | -11.56% | -3.55% | -9.63% | -2.11% | -1.43% | 0.80% | 7.24% | 8.59% |
| EPS | 0.75 | 2.20 | 1.06 | 0.45 | 0.05 | 0.91 | -0.30 | -1.08 | -0.34 | -1.25 | -0.30 | -0.16 | 0.07 | 0.72 | 1.12 |
| EPS Diluted | 0.74 | 2.14 | 1.05 | 0.44 | 0.05 | 0.89 | -0.30 | -1.08 | -0.34 | -1.25 | -0.30 | -0.16 | 0.07 | 0.65 | 1.02 |
| Weighted Avg Shares Out | 25.55M | 25.63M | 25.88M | 26.11M | 26.61M | 25.15M | 23.53M | 22.80M | 22.14M | 21.26M | 19.67M | 20.54M | 22.72M | 20.37M | 20.37M |
| Weighted Avg Shares Out (Dil) | 26.06M | 26.37M | 26.32M | 26.81M | 27.46M | 25.70M | 23.53M | 22.80M | 22.14M | 21.26M | 19.67M | 20.69M | 22.72M | 22.34M | 22.34M |
Genie Energy Unveils Insurance Strategy
NEWARK, NJ, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced an expansion of its consumer product portfolio and the formation of a “captive” self-insurance subsidiary to...
Genie Energy Announces Participation in The Microcap Conference
Newark, New Jersey--(Newsfile Corp. - January 25, 2024) - Genie Energy (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will be participating in The Microcap Conference, which will take place January 30, 31, February 1, 2024 at...
Sunlight Energy Investments Acquires Portfolio of Solar Projects
Acquires Operational Arrays Aggregating 9.4 MW NEWARK, NJ, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has...
Genie Energy (GNE) Q3 2023 Earnings Call Transcript
Genie Energy Limited (NYSE:GNE ) Q3 2023 Earnings Conference Call November 6, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Siegel - Hayden IR Conference Call Participants Operator Good...
Genie Energy Announces Third Quarter 2023 Results
Revenue increased 54% year-over-year to a quarterly record $125 million Increased 2023 Adjusted EBITDA 1 guidance to $52 million to $57 million (versus prior guidance of $47 million to $55 million) Year-over-year RCE and meter growth of 49% and 42%...
Genie Energy to Report Third Quarter 2023 Results
NEWARK, NJ, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2023 on Monday, November 6, 2023.
Genie Energy Continues To Show A Lot Of Potential
Genie Energy offers a fantastic opportunity to take advantage of the long-term bullish outlook for natural gas. The Company has seen substantial growth in its electricity segment and is actively pursuing new avenues in renewables. GNE has significant growth potential...
Genie Energy: International Expansion Resulting In Accretive Growth
Genie Energy distributes electricity and natural gas globally. The company's market valuation is $420.41 million, with a potential undervaluation compared to industry peers. The firm's expansion strategy will enable Genie Energy to tap into new markets and find new gaps...
Genie Energy Ltd. (GNE) Q2 2023 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE ) Q2 2023 Earnings Conference Call August 7, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Siegel - Senior Managing Director, Hayden IR Conference Call...
Genie Energy Announces Second Quarter 2023 Results
Record second quarter Revenue and Income from Operations Strong customer growth at Genie Retail Energy Increases 2023 Adjusted EBITDA1 guidance to $47 million to $55 million (versus prior guidance of $40 million to $50 million) NEWARK, N.J. , Aug. 7,...
Source: https://incomestatements.info
Category: Stock Reports