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OFFON

GENIE ENERGY LTD.

(GNE)
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Genie Energy Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021

08/05/2021 | 07:30am EDT

Genie Energy Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 97.706 million compared to USD 76.075 million a year ago. Operating income was USD 1.356 million compared to USD 2.730 million a year ago. Net income was USD 5.367 million compared to USD 1.963 million a year ago. For the half year, total revenue was USD 233.047 million compared to USD 180.126 million a year ago. Operating loss was USD 5.219 million compared to operating Income of USD 11.943 million a year ago. Net income was USD 3.381 million compared to USD 7.795 million a year ago.


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Financials (USD)
Sales 2020 379 M - -
Net income 2020 13,2 M - -
Net cash 2020 36,2 M - -
P/E ratio 2020 16,4x
Yield 2020 3,54%
Capitalization 152 M 152 M -
EV / Sales 2019 0,58x
EV / Sales 2020 0,40x
Nbr of Employees 202
Free-Float 72,9%
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Managers and Directors
Michael Menachem Stein Chief Executive Officer
Avi Goldin CFO, Treasurer & Principal Accounting Officer
Howard S. Jonas Chairman
William Wesley Perry Lead Independent Director
Allan Sass Independent Outside Director
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