GNE Q4 2023 Earnings — Genie Energy Ltd. Revenue & Financial Results | Market Cap Arena

GNEGenie Energy Ltd.

$388M

Q4 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$105M+28.9% YoY

Gross Profit

$34M32.1% margin

Operating Income

-$34M-32.6% margin

Net Income

-$25M-23.4% margin

EPS (Diluted)

$-0.92

QoQ Revenue Growth

-16.1%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$331M

Total Liabilities

$146M

Stockholders' Equity

$197M

Cash & Equivalents

$108M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$81M	+28.9%
Gross Profit	$34M	$35M	-3.1%
Operating Income	-$34M	$15M	-320.8%
Net Income	-$25M	$17M	-247.0%

Revenue Segments

Genie Retail Energy

$219M100%