GNE Q2 2020 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$376M

Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$76M+24.7% YoY

Gross Profit

$19M25.6% margin

Operating Income

$3M3.6% margin

Net Income

$2M2.6% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-26.9%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$142M

Total Liabilities

$60M

Stockholders' Equity

$97M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$61M	+24.7%
Gross Profit	$19M	$9M	+117.1%
Operating Income	$3M	-$9M	+129.4%
Net Income	$2M	-$7M	+126.3%

Revenue Segments

Genie Retail Energy

$66M87%

Gre International

$5M7%

Genie Energy Services

$5M6%