The Generation Essentials Group (TGE) Income Statement: Revenue & Earnings

The Generation Essentials Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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The Generation Essentials Group income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022
Period Ending	Dec 2024	Dec 2023	Dec 2022
Revenue & Gross Profit
Revenue	50.67	80.30	18.25
Cost of Revenue	27.31	12.32	6.32
Gross Profit	23.37	67.98	11.94
Operating Expenses
Research & Development	0.00	0.00	0.00
Selling, General & Administrative	2.68	2.04	1.46
Operating Expenses	-9.43	44.86	-8.71
Operating Income	32.80	23.13	20.65
Other Income/Expense
Interest Income	0.02	0.00	0.00
Interest Expense	10.68	7.14	2.59
Other Income/Expense	13.57	3.10	5.68
Income
Income Before Tax	46.37	19.06	23.72
Income Tax Expense	1.64	1.81	0.60
Net Income	27.75	8.16	14.98
Net Income - Continuous Operations	27.75	17.25	23.12
Net Income - Discontinued Operations	0.00	0.00	0.00
EBITDA	68.71	29.03	27.39
EBIT	32.73	26.20	26.31
Depreciation & Amortization	11.72	2.83	1.08
Earnings Per Share
Basic EPS	1.00	-	-
Diluted EPS	1.00	-	-
Basic Shares Outstanding	48.46	46.77	46.77
Diluted Shares Outstanding	48.46	46.77	46.77