Genie Energy Ltd
NYSE:GNE
Income Statement
Earnings Waterfall
Genie Energy Ltd
Revenue
|
428.7m
USD
|
Cost of Revenue
|
-282.5m
USD
|
Gross Profit
|
146.2m
USD
|
Operating Expenses
|
-136.2m
USD
|
Operating Income
|
10m
USD
|
Other Expenses
|
9.2m
USD
|
Net Income
|
19.2m
USD
|
Income Statement
Genie Energy Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
279
N/A
|
324
+16%
|
318
-2%
|
292
-8%
|
281
-4%
|
219
-22%
|
211
-4%
|
218
+3%
|
213
-2%
|
198
-7%
|
201
+2%
|
205
+2%
|
212
+3%
|
225
+6%
|
230
+2%
|
243
+5%
|
264
+9%
|
282
+7%
|
288
+2%
|
291
+1%
|
280
-4%
|
278
-1%
|
282
+2%
|
296
+5%
|
315
+6%
|
333
+6%
|
348
+5%
|
359
+3%
|
357
0%
|
360
+1%
|
343
-5%
|
335
-3%
|
323
-3%
|
302
-7%
|
310
+3%
|
303
-2%
|
316
+4%
|
335
+6%
|
362
+8%
|
405
+12%
|
429
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(213)
|
(268)
|
(260)
|
(237)
|
(232)
|
(161)
|
(151)
|
(154)
|
(146)
|
(123)
|
(122)
|
(127)
|
(135)
|
(147)
|
(159)
|
(169)
|
(179)
|
(197)
|
(199)
|
(202)
|
(204)
|
(200)
|
(212)
|
(220)
|
(232)
|
(247)
|
(251)
|
(261)
|
(262)
|
(282)
|
(263)
|
(247)
|
(232)
|
(176)
|
(174)
|
(160)
|
(161)
|
(194)
|
(212)
|
(258)
|
(283)
|
|
Gross Profit |
66
N/A
|
57
-14%
|
58
+3%
|
56
-4%
|
49
-12%
|
59
+19%
|
61
+3%
|
64
+6%
|
67
+4%
|
74
+11%
|
79
+6%
|
78
-1%
|
77
-1%
|
78
+1%
|
72
-8%
|
73
+2%
|
86
+17%
|
85
0%
|
89
+5%
|
89
-1%
|
77
-14%
|
78
+2%
|
71
-9%
|
76
+7%
|
83
+10%
|
86
+4%
|
97
+12%
|
98
+1%
|
95
-3%
|
79
-17%
|
80
+1%
|
87
+9%
|
92
+5%
|
126
+38%
|
135
+7%
|
144
+6%
|
155
+8%
|
141
-9%
|
149
+6%
|
147
-1%
|
146
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(62)
|
(65)
|
(65)
|
(71)
|
(74)
|
(80)
|
(83)
|
(79)
|
(75)
|
(74)
|
(73)
|
(112)
|
(108)
|
(111)
|
(119)
|
(82)
|
(91)
|
(90)
|
(79)
|
(73)
|
(62)
|
(63)
|
(63)
|
(69)
|
(73)
|
(76)
|
(74)
|
(73)
|
(72)
|
(71)
|
(69)
|
(67)
|
(68)
|
(70)
|
(73)
|
(76)
|
(75)
|
(79)
|
(84)
|
(88)
|
(136)
|
|
Selling, General & Administrative |
(51)
|
(52)
|
(53)
|
(60)
|
(62)
|
(64)
|
(67)
|
(64)
|
(66)
|
(65)
|
(65)
|
(64)
|
(62)
|
(64)
|
(73)
|
(78)
|
(80)
|
(78)
|
(69)
|
(64)
|
(62)
|
(60)
|
(63)
|
(69)
|
(73)
|
(76)
|
(74)
|
(74)
|
(72)
|
(70)
|
(68)
|
(67)
|
(68)
|
(70)
|
(73)
|
(76)
|
(75)
|
(77)
|
(82)
|
(86)
|
(91)
|
|
Research & Development |
(12)
|
(11)
|
(11)
|
(11)
|
(13)
|
(13)
|
(12)
|
(11)
|
(9)
|
(8)
|
(8)
|
(48)
|
(47)
|
(46)
|
(46)
|
(4)
|
(11)
|
(11)
|
(10)
|
(9)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(45)
|
|
Operating Income |
4
N/A
|
(9)
N/A
|
(7)
+15%
|
(15)
-110%
|
(25)
-61%
|
(22)
+13%
|
(22)
-3%
|
(15)
+33%
|
(8)
+46%
|
1
N/A
|
6
+786%
|
(34)
N/A
|
(32)
+8%
|
(33)
-3%
|
(47)
-44%
|
(8)
+83%
|
(6)
+27%
|
(5)
+20%
|
10
N/A
|
16
+63%
|
15
-6%
|
15
+1%
|
7
-50%
|
7
-7%
|
10
+48%
|
10
-5%
|
23
+132%
|
24
+7%
|
24
-2%
|
7
-69%
|
11
+49%
|
20
+82%
|
24
+21%
|
57
+135%
|
62
+10%
|
68
+10%
|
80
+17%
|
62
-22%
|
65
+5%
|
60
-9%
|
10
-83%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
0
|
0
|
1
|
1
|
1
|
(20)
|
1
|
0
|
(0)
|
22
|
1
|
1
|
(24)
|
(25)
|
(25)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
5
|
9
|
3
|
(5)
|
(10)
|
(13)
|
(8)
|
0
|
2
|
3
|
5
|
5
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(3)
|
(3)
|
(3)
|
(3)
|
0
|
(1)
|
20
|
(0)
|
(0)
|
(0)
|
(21)
|
0
|
0
|
25
|
25
|
25
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
5
|
5
|
1
|
4
|
(1)
|
(1)
|
(1)
|
3
|
4
|
3
|
3
|
|
Pre-Tax Income |
(3)
N/A
|
(12)
-342%
|
(10)
+11%
|
(18)
-74%
|
(27)
-54%
|
(22)
+18%
|
(22)
N/A
|
(15)
+35%
|
(8)
+45%
|
0
N/A
|
7
+3 450%
|
(33)
N/A
|
(30)
+9%
|
(31)
-3%
|
(47)
-51%
|
(9)
+82%
|
(7)
+20%
|
(5)
+25%
|
6
N/A
|
11
+77%
|
9
-20%
|
12
+28%
|
4
-70%
|
4
+9%
|
6
+58%
|
6
-2%
|
18
+198%
|
20
+11%
|
22
+14%
|
13
-43%
|
25
+93%
|
28
+14%
|
24
-16%
|
51
+113%
|
48
-4%
|
60
+24%
|
78
+29%
|
67
-13%
|
72
+7%
|
68
-6%
|
18
-73%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
11
|
11
|
10
|
9
|
12
|
10
|
12
|
11
|
(5)
|
(4)
|
(7)
|
(7)
|
(8)
|
(6)
|
(8)
|
(9)
|
(8)
|
(14)
|
(14)
|
(17)
|
(21)
|
(18)
|
(19)
|
(17)
|
(4)
|
|
Income from Continuing Operations |
(5)
|
(12)
|
(11)
|
(18)
|
(27)
|
(23)
|
(22)
|
(15)
|
(9)
|
(1)
|
5
|
(35)
|
(32)
|
(33)
|
(47)
|
(9)
|
4
|
5
|
16
|
21
|
21
|
22
|
16
|
15
|
1
|
2
|
11
|
13
|
15
|
7
|
17
|
19
|
16
|
37
|
34
|
43
|
57
|
49
|
53
|
50
|
14
|
|
Income to Minority Interest |
(1)
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
7
|
8
|
7
|
6
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
2
|
2
|
3
|
2
|
2
|
2
|
(2)
|
(1)
|
(2)
|
(3)
|
1
|
2
|
(1)
|
2
|
1
|
(0)
|
2
|
(0)
|
(1)
|
|
Net Income (Common) |
(7)
N/A
|
(12)
-75%
|
(11)
+8%
|
(18)
-57%
|
(28)
-56%
|
(23)
+17%
|
(23)
+1%
|
(16)
+32%
|
(9)
+43%
|
(1)
+85%
|
6
N/A
|
(29)
N/A
|
(26)
+10%
|
(27)
-4%
|
(42)
-56%
|
(10)
+78%
|
(9)
+11%
|
(7)
+19%
|
4
N/A
|
9
+138%
|
21
+142%
|
21
0%
|
16
-26%
|
15
-4%
|
3
-82%
|
3
-4%
|
12
+362%
|
14
+13%
|
12
-13%
|
4
-64%
|
8
+81%
|
(2)
N/A
|
28
N/A
|
47
+72%
|
76
+61%
|
97
+28%
|
86
-12%
|
83
-4%
|
64
-23%
|
60
-6%
|
19
-68%
|
|
EPS (Diluted) |
-0.34
N/A
|
-0.58
-71%
|
-0.53
+9%
|
-0.83
-57%
|
-1.31
-58%
|
-1.04
+21%
|
-1.02
+2%
|
-0.66
+35%
|
-0.4
+39%
|
-0.05
+88%
|
0.25
N/A
|
-1.27
N/A
|
-1.14
+10%
|
-1.13
+1%
|
-1.8
-59%
|
-0.4
+78%
|
-0.36
+10%
|
-0.28
+22%
|
0.15
N/A
|
0.33
+120%
|
0.83
+152%
|
0.78
-6%
|
0.58
-26%
|
0.55
-5%
|
0.1
-82%
|
0.09
-10%
|
0.44
+389%
|
0.5
+14%
|
0.43
-14%
|
0.17
-60%
|
0.29
+71%
|
-0.05
N/A
|
1.04
N/A
|
1.81
+74%
|
2.9
+60%
|
3.71
+28%
|
3.25
-12%
|
3.1
-5%
|
2.42
-22%
|
2.18
-10%
|
0.73
-67%
|