gne: the income statement

MyFinsight

Genie Energy Ltd. (GNE)

For the quarter ending 2025-06-30, GNE made $105,251K in revenue. $2,822K in net income. Net profit margin of 2.68%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Revenues	105,251	111,917	90,696
Cost of revenues	81,771	74,010	57,360
Gross profit	23,480	37,907	33,336
Provision for captive insurance liability	265	-	-
Impairment of assets	35	80	118
Selling, general and administrative	21,177	25,160	22,015
Provision for captive insurance liability	-	991	640
Income from operations	2,003	11,676	10,563
Interest income	1,998	2,346	1,362
Interest expense	156	-	-
Gain on marketable equity securities and other investments	505	-	-
Other (loss) income, net	-451	56	1,262
Interest expense, debt	-	22	331
Unrealized gain (loss) on investments	-	122	110
Income before income taxes	3,899	14,178	12,966
Provision for income taxes	1,079	3,924	3,465
Net income from continuing operations	2,820	10,254	9,501
Income (loss) from discontinued operations, net of taxes	47	-25	-145
Net income (loss)	2,867	10,229	9,356
Net income (loss) attributable to noncontrolling interests, net	45	30	-256
Net income attributable to genie energy ltd. common stockholders	2,822	10,199	9,612
Net income attributable to genie energy ltd. common stockholders	-	10,199	9,612

Basic weighted-average number of shares (in shares)	26,173,000	26,526,000	26,569,000
Diluted (in shares)	26,516,000	26,868,000	27,033,000
Us-gaap_earningspersharebasic	0.11	0.38	0.36
Us-gaap_earningspersharediluted	0.11	0.38	0.36

Unit: Thousand (K) dollars (except for numbers of shares and EPS)