Genie Energy Ltd. (Genie) owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc. The Company operates through three segments: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc. and Residents Energy, Inc., and energy brokerage and marketing services. Its REP businesses resell electricity and natural gas to residential and small business customers. The Afek segment operates an oil and gas exploration project. The GOGAS segment is an oil and gas exploration company. The GOGAS segment consists of early-stage oil shale projects, including its interest in Genie Mongolia, Inc., an oil shale exploration project; American Shale Oil Corporation, which holds and manages an interest in AMSO, LLC, an oil shale development project, and Israel Energy Initiatives, Ltd., an oil shale development project.

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Type
Public
HQ
Newark, US
Size (employees)
180 (est)
Website
genie.com
Genie Energy is headquartered in Newark, US
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Key People/Management at Genie Energy

Howard Jonas

Howard Jonas

Chairman of the Board
Michael Stein

Michael Stein

Chief Executive Officer of Genie Energy; Chief Executive Officer of Genie Retail Energy
Avi Goldin

Avi Goldin

CFO
Geoffrey Rochwarger

Geoffrey Rochwarger

Vice Chairman and CEO of Genie Oil E&P
Michael Jonas

Michael Jonas

Executive Vice President and Director of Global Exploration and Business Development
Efraim Effie Eitam

Efraim Effie Eitam

President of Genie Oil and Gas

Genie Energy Office Locations

Genie Energy has an office in Newark
Newark, US (HQ)
520 Broad St
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Genie Energy Financials and Metrics

Genie Energy Financials

Genie Energy's revenue was reported to be $212.11 m in FY, 2016 which is a 1% increase from the previous period.
USD

Revenue (Q1, 2018)

89.3 m

Gross profit (Q1, 2018)

24.5 m

Gross profit margin (Q1, 2018), %

27.4%

Net income (Q1, 2018)

5.9 m

EBIT (Q1, 2018)

6.6 m

Market capitalization (22-Jun-2018)

130.1 m

Closing share price (22-Jun-2018)

5.2

Cash (31-Mar-2018)

36.7 m
Genie Energy's current market capitalization is $130.1 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

76.8 m275 m210.1 m212.1 m

Revenue growth, %

258%(24%)1%

Cost of goods sold

135.2 m

Gross profit

76.9 m
Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

71.6 m130.3 m46.2 m74.4 m39.5 m52.2 m58.1 m44 m57.2 m71.4 m52.2 m69.5 m89.3 m

Cost of goods sold

33.3 m25.2 m36.9 m18.8 m38.1 m47.7 m64.8 m

Gross profit

24.9 m18.8 m20.2 m52.6 m14.1 m21.8 m24.5 m

Gross profit Margin, %

43%43%35%74%27%31%27%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

73.9 m71.9 m38.8 m35.2 m

Inventories

3.3 m11.2 m11.4 m6 m

Current Assets

146.1 m142.4 m114.6 m97.8 m
Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

71.8 m46.4 m86.2 m56 m56 m48.4 m37.9 m38.9 m42.3 m36 m33.4 m29.4 m36.7 m

Accounts Receivable

1.6 m

Inventories

3.5 m651 k9 m8.5 m9.9 m11.6 m6.8 m7.3 m6.8 m6.9 m4.7 m4.9 m5.7 m

Current Assets

135.7 m144.8 m145 m137.9 m124.8 m121.2 m108.2 m110.7 m105 m99.1 m88.2 m80.2 m89.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(268 k)(27.4 m)(8.6 m)(32.2 m)

Depreciation and Amortization

15 k132 k428 k581 k

Inventories

(1.3 m)(7.8 m)(274 k)5.7 m
Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018

Net Income

(4.2 m)(7.1 m)(17 m)(2.4 m)(7.2 m)(4.5 m)5.7 m7.8 m(30.9 m)(13 m)975 k5.9 m

Depreciation and Amortization

80 k29 k92 k104 k219 k326 k97 k196 k294 k1 m594 k

Inventories

(834 k)2.7 m(5.6 m)2.6 m1.2 m(445 k)4.6 m4.1 m4.6 m1.3 m4.9 m(1.7 m)

Cash From Operating Activities

(683 k)(29.7 m)(8.1 m)(9.3 m)(3.5 m)560 k9.1 m13.3 m11.6 m(3.3 m)3.4 m8.6 m
USDY, 2018

Financial Leverage

1.7 x
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Genie Energy News and Updates

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