GNE Q3 2022 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$388M

Q3 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$81M-7.3% YoY

Gross Profit

$43M53.1% margin

Operating Income

$24M29.0% margin

Net Income

$19M23.1% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+21.4%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$25M

Stock-Based Comp.

$713,000

Balance Sheet

Total Assets

$260M

Total Liabilities

$98M

Stockholders' Equity

$175M

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$88M	-7.3%
Gross Profit	$43M	$21M	+107.3%
Operating Income	$24M	$4M	+541.7%
Net Income	$19M	-$2M	+921.0%

Revenue Segments

Genie Retail Energy

$80M98%

Genie Energy Services

$1M2%