Genie Historical Income Statement

GNE Stock  USD 15.50  0.07  0.45%   
Historical analysis of Genie Energy income statement accounts such as Total Revenue of 309.7 M or Gross Profit of 92.8 M can show how well Genie Energy performed in making a profits. Evaluating Genie Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Genie Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Genie Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Genie Energy is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

About Genie Income Statement Analysis

Genie Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Genie Energy shareholders. The income statement also shows Genie investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Genie Energy Income Statement Chart

At present, Genie Energy's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 21.6 M, whereas Interest Expense is forecasted to decline to about 94 K.

Total Revenue

Total revenue comprises all receipts Genie Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Genie Energy minus its cost of goods sold. It is profit before Genie Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Genie Energy. It is also known as Genie Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Genie Energy income statement and represents the costs associated with goods and services Genie Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Genie Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Genie Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.At present, Genie Energy's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 21.6 M, whereas Interest Expense is forecasted to decline to about 94 K.
 2021 2022 2023 2024 (projected)
Interest Expense427K129K99K94.1K
Depreciation And Amortization436K385K463K439.9K

Genie Energy income statement Correlations

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-0.37-0.45-0.57-0.27-0.41-0.560.8-0.58-0.25-0.22-0.470.0-0.54-0.29-0.23-0.23-0.390.010.3-0.12-0.28-0.33-0.280.23-0.53
0.3-0.450.720.940.40.16-0.410.180.90.660.470.480.530.20.54-0.140.580.06-0.18-0.420.40.590.42-0.240.69
0.07-0.570.720.50.640.62-0.610.630.360.640.70.280.730.440.55-0.10.80.02-0.08-0.150.690.450.44-0.580.82
0.34-0.270.940.50.07-0.16-0.29-0.140.950.740.150.450.22-0.060.6-0.280.30.02-0.21-0.390.180.580.43-0.10.53
-0.05-0.410.40.640.070.67-0.270.670.14-0.10.990.470.940.73-0.120.410.90.10.21-0.490.620.160.04-0.370.51
-0.13-0.560.160.62-0.160.67-0.421.0-0.16-0.090.68-0.230.640.66-0.080.290.580.07-0.180.280.610.040.07-0.390.43
-0.520.8-0.41-0.61-0.29-0.27-0.42-0.45-0.18-0.41-0.330.05-0.45-0.02-0.570.19-0.410.040.39-0.17-0.27-0.33-0.220.16-0.52
-0.08-0.580.180.63-0.140.671.0-0.45-0.15-0.080.69-0.230.640.65-0.060.270.580.04-0.210.280.610.030.06-0.360.44
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0.16-0.220.660.640.74-0.1-0.09-0.41-0.080.5-0.020.220.07-0.160.84-0.510.22-0.08-0.15-0.050.240.490.57-0.370.58
-0.01-0.470.470.70.150.990.68-0.330.690.21-0.020.480.950.72-0.070.390.910.090.15-0.480.620.20.09-0.390.56
-0.020.00.480.280.450.47-0.230.05-0.230.480.220.480.510.20.040.220.55-0.070.43-0.940.170.430.41-0.280.48
0.01-0.540.530.730.220.940.64-0.450.640.260.070.950.510.520.040.30.920.160.19-0.480.490.360.23-0.510.69
-0.24-0.290.20.44-0.060.730.66-0.020.65-0.01-0.160.720.20.52-0.280.550.59-0.010.06-0.150.80.040.0-0.230.26
0.41-0.230.540.550.6-0.12-0.08-0.57-0.060.390.84-0.070.040.04-0.28-0.810.21-0.08-0.330.040.250.320.31-0.190.48
-0.33-0.23-0.14-0.1-0.280.410.290.190.27-0.13-0.510.390.220.30.55-0.810.140.10.26-0.180.05-0.01-0.02-0.07-0.08
0.04-0.390.580.80.30.90.58-0.410.580.290.220.910.550.920.590.210.140.080.11-0.520.720.350.23-0.470.72
-0.50.010.060.020.020.10.070.040.040.06-0.080.09-0.070.16-0.01-0.080.10.080.30.06-0.010.44-0.13-0.4-0.04
-0.570.3-0.18-0.08-0.210.21-0.180.39-0.21-0.19-0.150.150.430.190.06-0.330.260.110.3-0.41-0.140.280.14-0.490.04
-0.09-0.12-0.42-0.15-0.39-0.490.28-0.170.28-0.48-0.05-0.48-0.94-0.48-0.150.04-0.18-0.520.06-0.41-0.09-0.21-0.140.07-0.3
-0.06-0.280.40.690.180.620.61-0.270.610.120.240.620.170.490.80.250.050.72-0.01-0.14-0.090.180.1-0.320.5
-0.24-0.330.590.450.580.160.04-0.330.030.530.490.20.430.360.040.32-0.010.350.440.28-0.210.180.71-0.640.68
-0.25-0.280.420.440.430.040.07-0.220.060.290.570.090.410.230.00.31-0.020.23-0.130.14-0.140.10.71-0.670.77
0.620.23-0.24-0.58-0.1-0.37-0.390.16-0.360.03-0.37-0.39-0.28-0.51-0.23-0.19-0.07-0.47-0.4-0.490.07-0.32-0.64-0.67-0.7
-0.01-0.530.690.820.530.510.43-0.520.440.420.580.560.480.690.260.48-0.080.72-0.040.04-0.30.50.680.77-0.7
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Genie Energy Account Relationship Matchups

Genie Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.6M3.0M436K385K463K439.9K
Interest Expense530K328K427K129K99K94.1K
Total Revenue315.3M379.3M363.7M315.5M428.7M309.7M
Gross Profit82.9M97.7M104.9M154.8M146.2M92.8M
Other Operating Expenses305.1M358.6M330.6M235.7M415.6M291.5M
Operating Income6.9M19.3M33.1M77.8M10.0M12.5M
Ebit6.9M22.8M24.1M77.7M18.2M20.6M
Ebitda10.5M25.7M24.5M78.0M18.7M21.6M
Cost Of Revenue232.4M281.6M258.9M160.8M282.5M216.8M
Total Operating Expenses72.7M77.0M71.8M75.0M136.2M74.9M
Income Before Tax6.0M23.9M32.7M77.5M18.1M12.2M
Total Other Income Expense Net(930K)(1.1M)(430K)(231K)8.1M8.5M
Net Income1.4M13.2M29.2M56.5M19.5M20.5M
Income Tax Expense4.6M8.3M8.8M21.0M4.2M4.5M
Selling General Administrative68.1M70.7M64.7M67.9M84.8M68.4M
Net Income Applicable To Common Shares2.7M11.7M29.1M85.9M98.7M103.7M
Net Income From Continuing Ops1.4M15.6M23.9M56.5M13.9M14.6M
Non Operating Income Net Other(3.3M)(614K)5.0M(102K)(117.3K)(111.4K)
Minority Interest(2.8M)(12.0M)1.4M(874K)(740K)(777K)
Non Recurring3.0M400K1.4M2.1M1.9M1.8M
Tax Provision4.6M8.3M8.8M21.0M4.2M4.8M
Interest Income448K190K5.4M289K5.1M5.3M
Net Interest Income(82K)(138K)(393K)706K5.0M5.2M
Reconciled Depreciation3.6M3.5M1.3M385K463K439.9K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genie Energy. If investors know Genie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genie Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.