MGEE Q4 2022 Earnings — MGE Energy, Inc. Revenue & Financial Results | Market Cap Arena

MGEEMGE Energy, Inc.

$3B

Q4 2022 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$190M+17.1% YoY

Gross Profit

$55M28.8% margin

Operating Income

$28M14.7% margin

Net Income

$21M11.1% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+16.2%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$32M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.4B

Stockholders' Equity

$1.1B

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$190M	$162M	+17.1%
Gross Profit	$55M	$43M	+27.9%
Operating Income	$28M	$17M	+62.0%
Net Income	$21M	$13M	+61.2%

Revenue Segments

Electric

$135M97%

Gas

$4M3%