The Generation Essentials Group (TGE)

TGE Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	98.33	77.01	42.54	31.26
Revenue Growth (YoY)	27.67%	81.03%	36.08%	-
Cost of Revenue	19.98	15.61	5.89	3.24
Gross Profit	78.35	61.4	36.66	28.02
Selling, General & Admin	71.45	13.13	7.89	3.9
Other Operating Expenses	20.33	15.54	5.68	4
Total Operating Expenses	91.79	28.67	13.57	7.9
Operating Income	-13.44	32.73	23.09	20.12
Interest Income	-	-0.56	-2.61	0.82
Interest Expense	-8.29	-10.61	-7.14	-2.59
Other Non-Operating Income (Expense)	10.57	24.82	5.71	5.37
Total Non-Operating Income (Expense)	2.28	13.65	-4.03	3.6
Pretax Income	-11.16	46.37	19.06	23.72
Provision for Income Taxes	1.57	1.64	1.81	0.6
Net Income	-7.75	27.75	8.16	14.98
Minority Interest in Earnings	-4.98	16.98	9.08	8.15
Net Income to Common	-7.75	27.75	8.16	14.98
Net Income Growth	-	239.92%	-45.48%	-
Shares Outstanding (Basic)	28	9	10	23
Shares Outstanding (Diluted)	28	9	10	23
Shares Change (YoY)	201.09%	-7.36%	-56.38%	-
EPS (Basic)	-0.17	1.64	0.45	0.65
EPS (Diluted)	-0.17	1.64	0.45	0.65
EPS Growth	-	264.44%	-30.77%	-
Shares Outstanding	48.46	-	-	-
Free Cash Flow	11.28	4.56	1.13	-1.42
Free Cash Flow Growth	147.42%	302.74%	-	-
Free Cash Flow Per Share	0.40	0.49	0.11	-0.06
Gross Margin	79.68%	79.73%	86.16%	89.64%
Operating Margin	-13.67%	42.50%	54.27%	64.37%
Profit Margin	-12.95%	58.08%	40.54%	73.96%
FCF Margin	11.47%	5.92%	2.66%	-4.55%
EBITDA	2.02	44.45	25.92	21.2
EBITDA Margin	2.06%	57.72%	60.93%	67.81%
EBIT	-13.44	32.73	23.09	20.12
EBIT Margin	-13.67%	42.50%	54.27%	64.37%
Effective Tax Rate	-14.05%	3.54%	9.50%	2.53%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q