The Generation Essentials Group (TGE)

TGE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	130.21	77.01	42.54	31.26
Revenue Growth (YoY)	180.89%	81.03%	36.08%	-
Cost of Revenue	19.68	15.61	5.89	3.24
Gross Profit	110.54	61.4	36.66	28.02
Selling, General & Admin	72.02	13.13	7.89	3.9
Other Operating Expenses	19.8	15.54	5.68	4
Total Operating Expenses	91.82	28.67	13.57	7.9
Operating Income	18.72	32.73	23.09	20.12
Interest Income	-	-0.56	-2.61	0.82
Interest Expense	-10.45	-10.61	-7.14	-2.59
Other Non-Operating Income (Expense)	5.26	24.82	5.71	5.37
Total Non-Operating Income (Expense)	-5.19	13.65	-4.03	3.6
Pretax Income	13.52	46.37	19.06	23.72
Provision for Income Taxes	1.64	1.64	1.81	0.6
Net Income	16.98	27.75	8.16	14.98
Minority Interest in Earnings	-5.09	16.98	9.08	8.15
Net Income to Common	16.98	27.75	8.16	14.98
Net Income Growth	6.66%	239.92%	-45.48%	-
Shares Outstanding (Basic)	26	17	18	23
Shares Outstanding (Diluted)	26	17	18	23
Shares Change (YoY)	40.92%	-7.36%	-20.08%	-
EPS (Basic)	0.52	1.64	0.45	0.65
EPS (Diluted)	0.52	1.64	0.45	0.65
EPS Growth	-69.23%	264.44%	-30.77%	-
Shares Outstanding	48.46	-	-	-
Free Cash Flow	9.12	4.56	1.13	-1.42
Free Cash Flow Growth	100.13%	302.74%	-	-
Free Cash Flow Per Share	0.35	0.27	0.06	-0.06
Gross Margin	84.89%	79.73%	86.16%	89.64%
Operating Margin	14.37%	42.50%	54.27%	64.37%
Profit Margin	9.13%	58.08%	40.54%	73.96%
FCF Margin	7.01%	5.92%	2.66%	-4.55%
EBITDA	34.74	44.45	25.92	21.2
EBITDA Margin	26.68%	57.72%	60.93%	67.81%
EBIT	18.72	32.73	23.09	20.12
EBIT Margin	14.37%	42.50%	54.27%	64.37%
Effective Tax Rate	12.11%	3.54%	9.50%	2.53%

Updated Oct 20, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q