ORA Q4 2020 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q4 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$179M-6.8% YoY

Gross Profit

$75M41.8% margin

Operating Income

$53M29.7% margin

Net Income

$21M11.5% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+12.9%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

-$63M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.9B

Stockholders' Equity

$1.8B

Cash & Equivalents

$448M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$179M	$192M	-6.8%
Gross Profit	$75M	$75M	+0.7%
Operating Income	$53M	$54M	-2.3%
Net Income	$21M	$13M	+64.2%

Revenue Segments

Electricity

$146M81%

Product

$27M15%

Energy Storage and Management Services

$6M3%