← Genie Energy Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net income (loss) from discontinued operations, net of tax | — | — | — | — | $752k | $4.0m | $30.4m | $6.4m | ($2.9m) | ($4.2m) | — | |
| Net income from continuing operations | — | — | — | — | $14.8m | $23.9m | $56.5m | $13.9m | $15.2m | $27.9m | $29.3m | |
| Net Income (Loss) Attributable to Parent | ($24.5m) |
($7.0m)
+71.48%
|
$22.8m
+425.78%
|
$4.2m
-81.68%
|
$13.2m
+215.09%
|
$29.2m
+122.08%
|
$87.8m
+200.56%
|
$19.5m
-77.75%
|
$12.6m
-35.57%
|
$24.0m
+90.71%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($26.0m) |
($8.5m)
+67.41%
|
$21.3m
+351.37%
|
$2.7m
-87.35%
|
$11.7m
+333.33%
|
$27.5m
+135.87%
|
$85.9m
+211.83%
|
$19.2m
-77.63%
|
$12.6m
-34.45%
|
$24.0m
+90.71%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($32.2m) | ($8.6m) | $21.4m | $1.4m | $15.6m | $27.8m | $86.9m | $20.3m | $12.3m | $23.7m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($7.7m) | ($1.7m) | ($1.4m) | ($2.8m) | $2.4m | ($1.4m) | ($874k) | $740k | ($293k) | ($291k) | — | |
| Depreciation, Depletion and Amortization | $581k | $2.1m | $2.1m | $3.6m | $3.5m | $1.3m | $385k | $463k | $884k | $1.0m | $1.2m | |
| Amortization of Intangible Assets | $200k | $1.3m | $1.3m | $2.5m | $3.0m | $1.2m | $400k | $400k | $300k | $300k | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $385k | $463k | $884k | $1.0m | $1.2m | |
| Deferred Income Tax Expense (Benefit) | ($139k) | ($360k) | ($13.5m) | $3.5m | $7.3m | $840k | ($595k) | $599k | ($1.9m) | $3.3m | ($2.0m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($595k) | $1.4m | ($1.2m) | $3.3m | ($2.0m) | |
| Deferred Tax | — | — | — | — | — | — | ($595k) | $1.4m | ($1.2m) | $3.3m | ($2.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $4.8m | $5.2m | $4.5m | $1.1m | $1.1m | $2.9m | $3.0m | $2.8m | $2.3m | $2.5m | $2.5m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $1.1m | $2.9m | $3.0m | $2.8m | $2.3m | $2.5m | $2.5m | |
| Stock-based compensation | — | $5.2m | $4.5m | $1.1m | $1.1m | $2.9m | $3.0m | $2.8m | $2.3m | $2.5m | $2.5m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $400k | $1.4m | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $400k | $404k | $400k | — | — | — | — | $1.6m | |
| Asset, Impairment Loss | — | — | $2.7m | $400k | $1.4m | — | $2.1m | $0 | $185k | $1.6m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $2.1m | $0 | $185k | $1.6m | $1.6m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | $5.0m | ($17k) | ($23k) | ($766k) | ($1.6m) | — | |
| Income (Loss) from Equity Method Investments | ($222k) | ($565k) | $3.4m | ($4.8m) | ($1.4m) | $438k | $417k | ($23k) | $481k | ($1.6m) | — | |
| Other Nonoperating Income (Expense) | $207k | ($367k) | $156k | $1.1m | $639k | $707k | ($520k) | $2.6m | $1.6m | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | ($438k) | $17k | — | — | — | ($132k) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $1.7m | ($4.8m) | $17.9m | $6.0m | ($17.0m) | |
| Increase (Decrease) in Accounts Receivable | $6.0m | $8.0m | ($7.8m) | $12.0m | $6.7m | $7.5m | $16.3m | $9.1m | $2.2m | $10.2m | $3.0m | |
| Trade accounts receivable | — | ($8.0m) | $7.8m | ($12.0m) | ($6.7m) | ($7.5m) | ($16.3m) | ($9.1m) | ($2.2m) | $10.2m | — | |
| Change In Receivables | — | — | — | — | — | — | ($16.3m) | ($9.1m) | ($2.2m) | ($10.2m) | $3.0m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($16.3m) | ($9.1m) | ($2.2m) | ($10.2m) | $3.0m | |
| Increase (Decrease) in Inventories | ($5.7m) | ($2.0m) | $4.8m | $6.7m | $298k | $790k | ($2.0m) | $8.7m | ($917k) | ($3.0m) | $5.7m | |
| Inventory Write-down | — | — | — | — | — | — | — | $1.1m | $417k | $1.3m | — | |
| Inventory valuation allowance | — | — | — | — | — | — | — | $1.1m | $417k | $1.3m | — | |
| Inventory | — | $2.0m | ($4.8m) | ($6.7m) | ($298k) | ($790k) | $2.0m | ($8.7m) | $917k | ($3.0m) | $5.7m | |
| Trade accounts payable, accrued expenses and other current liabilities | — | $15.1m | ($7.3m) | $5.5m | $15.9m | $11.7m | $11.6m | $23.0m | $3.1m | $17.0m | — | |
| Increase (Decrease) in Other Operating Assets | ($2.9m) | $3.7m | ($2.7m) | ($1.1m) | $3.2m | $20.4m | $5.6m | ($494k) | $1.7m | $399k | — | |
| Other current assets and other assets | — | ($3.7m) | $2.7m | $1.1m | ($3.2m) | ($20.4m) | ($5.6m) | $494k | ($1.7m) | $399k | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($5.6m) | $448k | ($1.8m) | ($399k) | ($761k) | |
| Other Operating Income (Expense), Net | ($64k) | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $15.6m |
$9.3m
-40.28%
|
$19.4m
+108.61%
|
$15.8m
-18.70%
|
$23.1m
+46.77%
|
$67.0m
+189.78%
|
$80.7m
+20.43%
|
$62.5m
-22.56%
|
$70.7m
+13.23%
|
$46.3m
-34.50%
|
$20.0m
-56.94%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $586k | $3.3m | $584k | ($404k) | ($167k) | ($126k) | ($1.0m) | ($1.4m) | ($1.2m) | ($1.9m) | ($8.1m) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($1.0m) | ($1.4m) | ($6.7m) | ($8.2m) | ($8.1m) | |
| Gain (Loss) on Investments | — | — | — | — | — | $5.0m | $417k | ($23k) | ($766k) | $1.4m | — | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | $300 | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | $5.0m | ($417k) | $478k | $351k | $1.6m | ($4.9m) | |
| Unrealized (gain) loss on marketable equity securities and investments and others | — | — | — | — | — | $5.0m | $417k | ($23k) | ($766k) | ($1.6m) | — | |
| Purchase of marketable equity securities and other investments | — | — | — | — | ($5.0m) | ($1.0m) | ($2.7m) | ($11.0m) | ($6.1m) | ($6.2m) | — | |
| Proceeds from sale of marketable equity securities and other investments | — | — | — | — | — | — | — | $10.0m | $582k | $1.2m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $8.7m | $4.2m | $250k | $2.0m | — | — | — | — | — | — | $0 | |
| Net Other Investing Changes | — | — | — | — | — | $13k | ($1.5m) | $19k | — | — | ($1.5m) | |
| Net cash used in investing activities of continuing operations | — | — | — | — | ($2.5m) | $2.7m | ($5.2m) | ($10.0m) | ($16.0m) | ($15.3m) | ($7.6m) | |
| Net cash provided by investing activities of discontinued operations | — | — | — | — | ($544k) | — | ($44.1m) | $23.6m | $0 | $0 | ($7.6m) | |
| Net cash (used in) provided by investing activities | — | ($16.5m) | ($2.9m) | ($5.8m) | ($3.0m) | $2.7m | ($49.3m) | $13.6m | ($16.0m) | ($15.3m) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($16.5m) | ($2.9m) | ($5.8m) | ($3.0m) | $2.7m | ($49.3m) | $13.6m | ($16.0m) | ($15.3m) | ($7.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $200k | — | $164k | — | — | — | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $7.3m | $0 | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $7.3m | $0 | $0 | |
| Long Term Debt Payments | — | — | — | — | — | $0 | — | $0 | $0 | ($333k) | ($2.3m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $0 | $7.3m | ($333k) | ($2.3m) | |
| Repayment Of Debt | — | — | — | — | — | $0 | — | $0 | $0 | ($333k) | ($2.3m) | |
| Payments for Repurchase of Common Stock | $29k | $829k | $889k | $5.6m | $1.7m | $3.8m | $4.4m | $37k | $10.4m | — | — | |
| Charitable donation of Class B common stock | — | — | — | — | — | — | — | $1.0m | $0 | $0 | — | |
| Repurchases of Class B common stock | — | ($829k) | ($889k) | ($5.6m) | ($1.7m) | ($3.8m) | ($4.4m) | ($37k) | ($10.4m) | ($10.8m) | — | |
| Common Stock Payments | — | — | — | — | — | — | ($4.4m) | ($37k) | ($11.2m) | ($8.7m) | ($4.7m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($4.4m) | ($37k) | ($11.2m) | ($8.7m) | ($4.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($15.8m) | ($8.4m) | ($11.2m) | ($8.7m) | ($4.7m) | |
| Dividends paid | — | ($9) | ($9) | ($10) | $10 | $1 | $9 | $9 | $8 | $8 | ($8.0m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($9.2m) | ($8.9m) | ($8.2m) | ($8.0m) | ($8.0m) | |
| Net cash used in financing activities of continuing operations | — | ($8.1m) |
($4.2m)
+48.99%
|
($15.6m)
-276.00%
|
($15.2m)
+2.75%
|
($5.7m)
+62.65%
|
($25.5m)
-349.74%
|
($15.2m)
+40.61%
|
($15.8m)
-3.91%
|
($19.1m)
-21.55%
|
($17.2m)
+10.36%
|
|
| Net Cash Provided by (Used in) Financing Activities | — | $1.9m |
($4.2m)
-324.11%
|
($15.6m)
-276.00%
|
($15.2m)
+2.75%
|
($5.7m)
+62.65%
|
($25.5m)
-349.74%
|
($15.2m)
+40.61%
|
($15.8m)
-3.91%
|
($19.1m)
-21.55%
|
($17.2m)
+10.36%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($11k) | $1k | $4.6m | $64.0m | $5.9m | $60.9m | $39.0m | $11.8m | $195.2m | |
| Cash, cash equivalents and restricted cash (excluding discontinued operations) at beginning of year | — | $31.9m | $44.2m | $38.6m | $43.2m | $102.1m | $106.1m | $165.5m | $202.0m | $211.5m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $100.2m | $104.6m | $163.0m | $200.6m | $201.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $44.2m | $38.6m | $43.2m | $102.1m | $106.1m | $165.5m | $202.0m | $211.5m | $195.2m | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | — | — | ($11k) | $1k | ($268k) | ($30k) | $17k | ($60k) | $7k | ($51k) | $83k | |
| Net increase in cash, cash equivalents and restricted cash | — | — | $12.3m | ($5.6m) | $4.6m | $64.0m | $5.9m | $60.9m | $39.0m | $11.8m | — | |
| Cash, cash equivalents and restricted cash (including discontinued operations) at end of year | — | — | — | — | $38.2m | $102.1m | $104.6m | $163.0m | $200.6m | $212.4m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $310k | $400k | $529k | $333k | $433k | $123k | $93k | $98k | $578k | — | |
| Income Taxes Paid, Net | $745k | $2k | $1.8m | $702k | $741k | $49k | $8.6m | $20.7m | $3.6m | $7.0m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | $98k | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | ($25k) | — | $18k | — | ($262k) | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | — | — | — | — | — | $41.6m | — | — | |
| Goodwill | $8.7m | $10.0m | $11.1m | $12.1m | $25.9m | $11.8m | $10.0m | $10.0m | $12.7m | $13.0m | $1.6m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $752k | $23.6m | $60.0m | $12.8m | $15.5m | ($4.2m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $752k | $23.9m | $56.5m | $13.9m | $15.2m | $27.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $752k | $4.0m | $30.4m | $6.4m | ($2.9m) | ($4.2m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | $752k | $4.0m | $25.9m | $6.4m | ($2.9m) | ($4.2m) | — | |
| Income Tax Expense (Benefit) | $2.2m | $1.7m | $12.4m | $4.6m | $8.3m | $8.8m | $21.0m | $4.2m | $4.7m | $8.3m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $670k | — | |
| Investment Income, Interest | $332k | $295k | $557k | $448k | $190k | $34k | $835k | $5.1m | $7.1m | $7.7m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | — | — | $600k | — | |
| Proceeds from Stock Options Exercised | — | $108k | — | $1.4m | $28k | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $16.6m | $379.3m | $363.7m | $315.5m | $428.7m | $425.2m | $502.0m | — | |
| Provision for credit losses | — | $762k | $904k | $658k | $3.7m | $1.8m | $2.5m | $2.4m | $2.4m | $2.0m | — | |
| Prepaid expenses | — | ($2.0m) | $219k | ($124k) | $1.7m | ($932k) | ($2.7m) | ($6.1m) | $5.3m | $1.3m | — | |
| Due to IDT Corporation | — | $88k | $20k | $147k | ($124k) | $275k | ($367k) | ($20k) | ($10k) | ($23k) | — | |
| Income taxes payable | — | ($222k) | ($741k) | $128k | $302k | $7.9m | $13.1m | ($15.9m) | $2.5m | ($2.0m) | — | |
| Purchase of equity of subsidiary | — | — | ($4.1m) | — | — | — | — | $0 | ($1.2m) | ($319k) | — | |
| Payment of term loan | — | — | — | — | — | — | — | $0 | $0 | ($333k) | — | |
| Proceeds from term loan, net | — | — | — | — | — | — | — | $0 | $7.3m | $0 | — | |
| Proceeds from exercise of warrants | — | — | — | — | — | — | — | $5.0m | $0 | $0 | — | |
| Redemption of preferred stock | — | — | — | — | — | — | ($11.4m) | ($8.4m) | $0 | $0 | — | |
| Less: Cash of discontinued operations at end of year | — | — | — | — | $5.0m | ($1.9m) | ($1.5m) | ($2.5m) | ($1.3m) | ($986k) | — | |
| Cash payments made for interest | — | $310k | $400k | $529k | $333k | $433k | $123k | $93k | $98k | $578k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($25.5m) | ($15.2m) | ($15.8m) | ($19.1m) | ($17.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($5.2m) | ($10.0m) | ($16.0m) | ($15.3m) | ($7.6m) | |
| Cash Flow From Discontinued Operation | — | — | — | — | — | — | ($1.5m) | ($2.5m) | ($1.3m) | ($986k) | ($938k) | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | ($44.1m) | $23.6m | $0 | $0 | ($43.9m) | |
| Change In Account Payable | — | — | — | — | — | — | $11.6m | $23.0m | $3.1m | $17.0m | ($737k) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $5.9m | $60.9m | $39.0m | $11.8m | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | $13.1m | ($4.3m) | $12.5m | ($2.0m) | ($18.2m) | |
| Change In Payable | — | — | — | — | — | — | $24.3m | $18.7m | $15.6m | $15.0m | ($737k) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($2.7m) | ($6.1m) | $5.3m | ($1.3m) | ($6.0m) | |
| Change In Tax Payable | — | — | — | — | — | — | $13.1m | ($4.3m) | $12.5m | ($2.0m) | ($18.2m) | |
| Changes In Cash | — | — | — | — | — | — | $4.3m | $58.5m | $37.6m | $10.9m | ($5.8m) | |
| End Cash Position | — | — | — | — | — | — | $104.6m | $163.0m | $200.6m | $211.5m | $195.2m | |
| Financing Cash Flow | — | — | — | — | — | — | ($25.5m) |
($15.2m)
+40.64%
|
($15.8m)
-3.96%
|
($19.1m)
-21.55%
|
($17.2m)
+10.36%
|
|
| Free Cash Flow | — | — | — | — | — | — | $79.7m | $53.5m | $62.7m | $38.2m | $11.9m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | ($4.2m) | $0 | — | — | — | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($49.3m) | $13.6m | ($16.0m) | ($15.3m) | ($7.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($1.2m) | ($319k) | $0 | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($1.2m) | ($1.9m) | $5.6m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($2.7m) | ($977k) | ($5.6m) | ($5.0m) | ($4.8m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $0 | ($7.7m) | ($1.3m) | $0 | $0 | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | ($11.4m) | ($8.4m) | $0 | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | ($4.7m) | $17k | — | — | — | ($132k) | |
| Other Non Cash Items | — | — | — | — | — | ($7.9m) | — | $1.0m | — | — | — | |
| Preferred Stock Payments | — | — | — | — | — | — | ($11.4m) | ($8.4m) | $0 | $0 | $0 | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($567k) | $2.1m | ($3.6m) | ($2.1m) | ($2.2m) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $2.5m | $3.5m | $2.8m | $3.3m | $4.6m | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($1.2m) | ($319k) | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($2.7m) | ($11.0m) | ($6.1m) | ($6.2m) | ($9.2m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | $0 | $0 | ($1.2m) | ($1.9m) | ($9.2m) | |
| Purchase Of PPE | $586k | $3.3m | $584k | — | — | — | $0 | ($7.7m) | ($1.3m) | $0 | ($8.1m) | |
| Sale Of Business | — | — | — | — | — | $4.5m | $0 | — | — | — | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $10.0m | $582k | $1.2m | $4.3m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $434k | ($23k) | ($766k) | ($1.6m) | ($4.9m) |