Genie Energy Ltd. (GNE) Income Statement Analysis

See more : Shriro Holdings Limited (SHM.AX) 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.

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Genie Energy Ltd. (GNE)

Industry: Regulated Electric

Sector: Utilities

Website: https://www.genie.com

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

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