Genie Historical Income Statement
GNE Stock | USD 15.35 0.04 0.26% |
Historical analysis of Genie Energy income statement accounts such as Total Revenue of 309.7 M or Gross Profit of 94.9 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.
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.
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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
Genie Energy Income Statement is one of the three primary financial statements used for reporting Genie's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Genie Energy revenue and expense. Genie Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Genie Energy's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 4.5 M, whereas Interest Expense is forecasted to decline to about 94 K. Add Fundamental
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 tightly coupled 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 Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 4.5 M, whereas Interest Expense is forecasted to decline to about 94 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 427K | 129K | 99K | 94.1K | Depreciation And Amortization | 2.0M | 2.8M | 463K | 439.9K |
Genie Energy income statement Correlations
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Genie Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 3.6M | 4.3M | 2.0M | 2.8M | 463K | 439.9K | |
Interest Expense | 530K | 328K | 427K | 129K | 99K | 94.1K | |
Total Revenue | 315.3M | 379.3M | 363.7M | 315.5M | 428.7M | 309.7M | |
Gross Profit | 82.9M | 97.7M | 104.9M | 154.8M | 175.1M | 94.9M | |
Other Operating Expenses | 305.1M | 358.6M | 330.6M | 235.7M | 389.8M | 289.6M | |
Operating Income | 6.9M | 19.3M | 33.1M | 77.8M | 38.9M | 40.8M | |
Ebit | 6.9M | 19.3M | 33.1M | 77.8M | 38.9M | 22.6M | |
Ebitda | 10.5M | 23.7M | 35.1M | 80.5M | 39.4M | 24.0M | |
Cost Of Revenue | 232.4M | 281.6M | 258.9M | 160.8M | 253.6M | 214.7M | |
Total Operating Expenses | 72.7M | 77.0M | 71.8M | 75.0M | 136.2M | 74.9M | |
Income Before Tax | 6.0M | 23.9M | 32.7M | 77.5M | 18.1M | 12.2M | |
Total Other Income Expense Net | (930K) | 4.5M | (430K) | (231K) | (20.8M) | (19.7M) | |
Net Income | 1.4M | 13.2M | 29.2M | 56.5M | 19.5M | 20.5M | |
Income Tax Expense | 4.6M | 8.3M | 8.8M | 21.0M | 4.2M | 4.5M | |
Selling General Administrative | 68.1M | 70.7M | 64.7M | 67.9M | 84.8M | 68.4M | |
Net Income Applicable To Common Shares | 2.7M | 11.7M | 29.1M | 85.9M | 98.7M | 103.7M | |
Net Income From Continuing Ops | 1.4M | 15.6M | 23.9M | 56.5M | 13.9M | 14.6M | |
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 Recurring | 3.0M | 400K | 1.4M | 2.1M | 1.9M | 1.8M | |
Tax Provision | 4.6M | 8.3M | 8.8M | 21.0M | 4.2M | 4.8M | |
Interest Income | 448K | 190K | 5.4M | 289K | 5.1M | 5.3M | |
Net Interest Income | (82K) | (138K) | (393K) | 706K | 5.0M | 5.2M | |
Reconciled Depreciation | 3.6M | 3.5M | 1.3M | 385K | 463K | 439.9K |
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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 tightly coupled 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Genie Energy's price analysis, check to measure Genie Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genie Energy is operating at the current time. Most of Genie Energy's value examination focuses on studying past and present price action to predict the probability of Genie Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genie Energy's price. Additionally, you may evaluate how the addition of Genie Energy to your portfolios can decrease your overall portfolio volatility.
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Is Genie Energy's industry 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 (0.44) | Dividend Share 0.075 | Earnings Share 0.38 | Revenue Per Share 17.096 | Quarterly Revenue Growth 0.137 |
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.