ORAOrmat Technologies, Inc.

$7B

Q4 2022 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$205M+7.6% YoY

Gross Profit

$80M39.0% margin

Operating Income

$30M14.7% margin

Net Income

$18M8.8% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+16.8%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

-$80M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$2.6B

Stockholders' Equity

$1.9B

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$205M	$191M	+7.6%
Gross Profit	$80M	$76M	+6.1%
Operating Income	$30M	$55M	-44.9%
Net Income	$18M	$19M	-4.6%

Revenue Segments

Electricity

$165M83%

Product

$26M13%

Energy Storage and Management Services

$8M4%

ORA Q4 2022 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena