GNE FY 2023 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$388M

FY 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$429M+35.9% YoY

Gross Profit

$146M34.1% margin

Operating Income

$10M2.3% margin

Net Income

$20M4.6% margin

EPS (Diluted)

$0.74

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$53M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$331M

Total Liabilities

$146M

Stockholders' Equity

$197M

Cash & Equivalents

$108M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$429M	$316M	+35.9%
Gross Profit	$146M	$155M	-5.5%
Operating Income	$10M	$78M	-87.1%
Net Income	$20M	$88M	-77.7%