GNE Q2 2022 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$388M

Q2 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$67M-12.4% YoY

Gross Profit

$30M44.5% margin

Operating Income

$12M17.6% margin

Net Income

$34M51.5% margin

EPS (Diluted)

$1.30

QoQ Revenue Growth

-22.1%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$9M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$239M

Total Liabilities

$86M

Stockholders' Equity

$164M

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$67M	$76M	-12.4%
Gross Profit	$30M	$21M	+40.6%
Operating Income	$12M	$5M	+159.5%
Net Income	$34M	$5M	+542.4%

Revenue Segments

Genie Retail Energy

$63M84%

Gre International

$8M11%

Genie Energy Services

$4M5%