GNE Q2 2019 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$376M

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$61M+8.1% YoY

Gross Profit

$9M14.7% margin

Operating Income

-$9M-15.2% margin

Net Income

-$7M-12.2% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-29.6%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$324,000

Balance Sheet

Total Assets

$148M

Total Liabilities

$59M

Stockholders' Equity

$100M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$56M	+8.1%
Gross Profit	$9M	$16M	-44.1%
Operating Income	-$9M	-$2M	-299.7%
Net Income	-$7M	-$2M	-289.1%

Revenue Segments

Genie Retail Energy

$54M89%

Genie Energy Services

$4M6%

Gre International

$3M5%