Ormat Technologies
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. Ormat Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $829,424,000. The net income raised on $124,399,000 and profit margin reached 15%. Total operating expenses were $97,433,000.
Profit Margin
| 2014 | 559.52M | 54.18M | 9.68% |
|---|---|---|---|
| 2015 | 594.64M | 119.57M | 20.11% |
| 2016 | 662.59M | 93.93M | 14.18% |
| 2017 | 692.81M | 170.73M | 24.64% |
| 2018 | 719.26M | 97.96M | 13.62% |
| 2019 | 746.04M | 88.09M | 11.81% |
| 2020 | 705.34M | 85.45M | 12.12% |
| 2021 | 663.08M | 62.09M | 9.36% |
| 2022 | 734.15M | 65.84M | 8.97% |
| 2023 | 829.42M | 124.39M | 15% |
ORA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 829.42M | 734.15M | 663.08M | 705.34M | 746.04M | 719.26M | 692.81M | 662.59M | 594.64M | 559.52M |
Cost of revenue | 565.40M | 465.33M | 398.74M | 429.06M | 476.72M | 448.83M | 424.36M | 391.79M | 376.36M | 355.77M |
Gross profit | 264.01M | 268.82M | 264.33M | 276.27M | 269.32M | 270.43M | 268.45M | 270.79M | 218.27M | 203.75M |
Operating exp. | ||||||||||
Research and development | 7.21M | 5.07M | 4.12M | 5.39M | 4.64M | 4.18M | 3.15M | 2.76M | 1.78M | 783K |
Selling and marketing | 18.30M | 16.19M | 15.19M | 17.38M | 15.04M | 19.80M | 15.6M | 16.42M | 16.07M | 15.42M |
Total operating expenses | 97.43M | 82.54M | 95.22M | 83.00M | 75.52M | 71.73M | 61.63M | 65.89M | 52.63M | 44.82M |
Operating income | 166.58M | 24.08M | 17.70M | 65.51M | 68.30M | 185.11M | 205.01M | 201.88M | 164.06M | 143.49M |
Other income (expenses), net | -27.5M | 71.52M | 85.84M | -45.29M | 69.00M | 8.43M | -34.28M | 2.60M | -50.46M | -57.65M |
Income before tax | 139.08M | 95.60M | 103.55M | 168.71M | 137.30M | 137.18M | 170.73M | 141.08M | 113.59M | 85.83M |
Income tax expense | 5.98M | 14.74M | 24.85M | 67.00M | 45.61M | 34.73M | -1.41M | 31.83M | -15.25M | 27.60M |
Net income | 124.39M | 65.84M | 62.09M | 85.45M | 88.09M | 97.96M | 170.73M | 93.93M | 119.57M | 54.18M |
Earnings per share | ||||||||||
Basic EPS | 2.09 | 1.17 | 1.11 | 1.66 | 1.73 | 1.93 | 2.64 | 1.79 | 2.48 | 1.19 |
Diluted EPS | 2.08 | 1.17 | 1.1 | 1.65 | 1.72 | 1.92 | 2.61 | 1.77 | 2.45 | 1.18 |
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