Ormat Technologies, Inc. (ORA)

Ormat Technologies Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	829.42	734.16	663.08	705.34	746.04
Revenue Growth (YoY)	12.98%	10.72%	-5.99%	-5.46%	3.72%
Cost of Revenue	565.41	465.34	398.75	429.07	476.72
Gross Profit	264.02	268.82	264.34	276.28	269.32
Selling, General & Admin	86.49	77.47	91.1	77.61	70.88
Research & Development	7.22	5.08	4.13	5.4	4.65
Other Operating Expenses	3.73	33.48	-0.25	-20.74	0
Operating Expenses	97.43	116.02	94.98	62.26	75.53
Operating Income	166.59	152.8	169.36	214.01	193.8
Interest Expense / Income	98.88	87.74	82.66	77.95	80.38
Other Expense / Income	-62.68	-15.52	-0.24	-16.4	-20.3
Pretax Income	130.38	80.58	86.94	152.46	133.71
Income Tax	5.98	14.74	24.85	67	45.61
Net Income	124.4	65.84	62.09	85.46	88.1
Net Income Growth	88.94%	6.04%	-27.34%	-3.00%	-10.08%
Shares Outstanding (Basic)	59	56	56	52	51
Shares Outstanding (Diluted)	60	57	56	52	51
Shares Change	5.77%	0.18%	8.60%	1.39%	0.51%
EPS (Basic)	2.09	1.17	1.11	1.66	1.73
EPS (Diluted)	2.08	1.17	1.10	1.65	1.72
EPS Growth	77.78%	6.36%	-33.33%	-4.07%	-10.42%
Free Cash Flow	-308.98	-282.5	-160.45	-55.73	-43.49
Free Cash Flow Per Share	-5.20	-5.04	-2.87	-1.08	-0.85
Dividend Per Share	0.480	0.480	0.480	0.440	0.440
Dividend Growth	0%	0%	9.09%	0%	-16.98%
Gross Margin	31.83%	36.62%	39.86%	39.17%	36.10%
Operating Margin	20.08%	20.81%	25.54%	30.34%	25.98%
Profit Margin	15.00%	8.97%	9.36%	12.12%	11.81%
Free Cash Flow Margin	-37.25%	-38.48%	-24.20%	-7.90%	-5.83%
Effective Tax Rate	4.59%	18.29%	28.58%	43.95%	34.11%
EBITDA	454.06	367.12	352.57	387.02	362.85
EBITDA Margin	54.74%	50.01%	53.17%	54.87%	48.64%
Depreciation & Amortization	224.8	198.79	182.97	156.61	148.76
EBIT	229.26	168.33	169.6	230.41	214.09
EBIT Margin	27.64%	22.93%	25.58%	32.67%	28.70%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).