Genie Energy Ltd. (GNE)

Genie Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	401.45	406.77	303.97	315.75	331.08	303.02
Other Revenue	25.78	21.94	11.57	7.52	25.85	12.27
Revenue	427.22	428.71	315.54	323.27	356.93	315.29
Revenue Growth (YoY)	5.44%	35.87%	-2.39%	-9.43%	13.21%	12.48%
Selling, General & Admin	92.81	91.11	74.96	67.55	71.48	72.67
Other Operating Expenses	288.13	279.4	160.76	218.63	261.88	232.39
Total Operating Expenses	380.93	370.51	235.72	286.18	333.36	305.07
Operating Income	46.29	58.2	79.82	37.09	23.57	10.23
Interest Expense	-0.41	-0.1	-0.13	-0.43	-0.33	-0.53
Interest Income	6.81	5.08	0.84	0.03	0.19	0.45
Net Interest Expense	6.4	4.98	0.71	-0.39	-0.14	-0.08
Income (Loss) on Equity Investments	-	-	-	-	0.06	-4.83
Currency Exchange Gain (Loss)	-	-	-	0.71	0.29	1.07
Other Non-Operating Income (Expenses)	-44.18	-45.54	-0.52	-	-	-
EBT Excluding Unusual Items	8.51	17.63	80.01	37.4	23.78	6.38
Impairment of Goodwill	-	-	-	-	-0.4	-0.4
Gain (Loss) on Sale of Investments	0.44	0.48	-0.42	-4.97	0.35	-
Gain (Loss) on Sale of Assets	-	-	-	4.23	-0.3	-
Asset Writedown	-0.2	-	-2.07	-	-0.99	-
Other Unusual Items	-3.1	-	-	-13	-	-
Pretax Income	5.65	18.11	77.52	23.66	22.43	5.98
Income Tax Expense	1.6	4.24	21.04	7.52	7.63	4.6
Earnings From Continuing Ops.	4.05	13.87	56.49	16.14	14.8	1.38
Earnings From Discontinued Ops.	0.05	6.41	30.45	11.71	0.75	-
Net Income to Company	4.1	20.28	86.93	27.84	15.55	1.38
Minority Interest in Earnings	-0.68	-0.74	0.87	1.37	-2.4	2.8
Net Income	3.43	19.54	87.81	29.21	13.16	4.18
Preferred Dividends & Other Adjustments	-	0.33	1.94	1.68	1.48	1.48
Net Income to Common	3.43	19.21	85.87	27.54	11.67	2.69
Net Income Growth	-94.36%	-77.75%	200.56%	122.08%	215.09%	-81.68%
Shares Outstanding (Basic)	26	26	26	26	26	27
Shares Outstanding (Diluted)	27	26	26	26	27	27
Shares Change (YoY)	2.59%	-1.15%	0.19%	-1.85%	-2.37%	6.88%
EPS (Basic)	0.13	0.75	3.35	1.06	0.45	0.10
EPS (Diluted)	0.12	0.74	3.26	1.05	0.44	0.10
EPS Growth	-94.66%	-77.43%	210.48%	139.70%	338.05%	-87.95%
Free Cash Flow	54.68	53.45	79.67	68.26	22.95	15.35
Free Cash Flow Per Share	2.03	2.05	3.02	2.59	0.86	0.56
Dividend Per Share	0.300	0.300	0.300	0.075	0.255	0.300
Dividend Growth	0%	0%	300.00%	-70.59%	-15.00%	0%
Profit Margin	0.80%	4.48%	27.21%	8.52%	3.27%	0.85%
Free Cash Flow Margin	12.80%	12.47%	25.25%	21.11%	6.43%	4.87%
EBITDA	47.11	58.66	80.21	37.53	26.53	13.85
EBITDA Margin	11.03%	13.68%	25.42%	11.61%	7.43%	4.39%
D&A For EBITDA	0.82	0.46	0.39	0.44	2.96	3.63
EBIT	46.29	58.2	79.82	37.09	23.57	10.23
EBIT Margin	10.83%	13.57%	25.30%	11.47%	6.60%	3.24%
Effective Tax Rate	28.27%	23.41%	27.14%	31.79%	34.02%	76.94%
Revenue as Reported	427.22	428.71	315.54	323.27	356.93	315.29

Source: S&P Capital IQ. Utility template. Financial Sources.