GNE Q1 2022 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$388M

Q1 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$86M-20.1% YoY

Gross Profit

$47M54.8% margin

Operating Income

$27M31.4% margin

Net Income

$18M20.8% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+390.6%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$18M

Stock-Based Comp.

$840,000

Balance Sheet

Total Assets

$220M

Total Liabilities

$94M

Stockholders' Equity

$140M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$107M	-20.1%
Gross Profit	$47M	$13M	+272.3%
Operating Income	$27M	-$5M	+593.4%
Net Income	$18M	-$2M	+1000.8%

Revenue Segments

Genie Retail Energy

$84M85%

Gre International

$13M13%

Genie Energy Services

$2M2%