Genie Energy Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Genie Energy Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 36% to $428,708,000. Profit margin reached 5%. Total operating expenses were $136,197,000.

Profit Margin

Genie Energy Ltd. (NYSE:GNE): Profit margin
2014 275.03M -26.48M -9.63%
2015 210.10M -7.45M -3.55%
2016 212.11M -24.52M -11.56%
2017 264.20M -6.99M -2.65%
2018 280.30M 22.78M 8.13%
2019 315.29M 1.37M 0.44%
2020 379.31M 13.15M 3.47%
2021 363.72M 29.21M 8.03%
2022 315.53M 56.48M 17.9%
2023 428.70M 19.53M 4.56%

GNE Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
428.70M315.53M363.72M379.31M315.29M280.30M264.20M212.11M210.10M275.03M
Cost of revenue
282.50M160.75M258.86M281.62M232.39M203.76M178.69M135.17M141.01M223.09M
Gross profit
146.20M154.78M104.86M97.68M82.89M76.54M85.50M76.94M69.09M51.93M
Operating exp.
Research and development
0000207K00-269K1.98M12.50M
Selling and marketing
6.3M7.1M7.1M6.3M4.4M02.1M0900K300K
Total operating expenses
136.19M74.96M71.77M76.95M72.67M61.82M85.00M67.45M74.60M73.88M
Operating income
10.00M77.75M33.09M19.33M6.90M8.54M-6.54M-30.51M-5.88M-25.61M
Other income (expenses), net
8.09M-231K-430K-1.13M-930K-5.85M-7.43M-39.79M-179K-2.49M
Income before tax
18.10M77.52M32.66M23.86M5.97M9.02M-6.92M-29.97M-8.11M-27.31M
Income tax expense
4.23M21.03M8.78M8.31M4.6M-12.37M1.72M2.21M525K95K
Net income
19.53M56.48M29.21M13.15M1.37M22.78M-6.99M-24.52M-7.45M-26.48M
Earnings per share
Basic EPS
0.752.21.060.450.050.91-0.3-1.08-0.34-1.25
Diluted EPS
0.742.141.050.440.050.89-0.3-1.08-0.34-1.25
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