2G Energy AG
2G Energy AG (2GB.DE) Financial Performance & Income Statement Overview
Explore the financials of 2G Energy AG (2GB.DE), including yearly and quarterly data on income, cash flow, and balance sheets.
2G Energy AG (2GB.DE) Income Statement & Financial Overview
Access detailed annual and quarterly income data for 2G Energy AG 2GB.DE financial performance.
| Metric | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 |
|---|---|---|---|---|
| Revenue | $131.17M | $229.52M | $135.54M | $198.64M |
| Cost of Revenue | $113.10M | $186.92M | $116.42M | $159.98M |
| Gross Profit | $18.06M | $42.60M | $19.13M | $38.66M |
| Gross Profit Ratio | $0.14 | $0.19 | $0.14 | $0.19 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $7.73M | $14.63M | $14.20M | $16.08M |
| Operating Expenses | $7.69M | $14.90M | $13.99M | $14.15M |
| Total Costs & Expenses | $120.80M | $201.81M | $130.41M | $174.13M |
| Interest Income | $93558.00 | $398916.00 | $54901.00 | $38968.00 |
| Interest Expense | $310343.00 | $0.00 | $234702.00 | $211086.00 |
| Depreciation & Amortization | $3.28M | $4.22M | $2.44M | $2.38M |
| EBITDA | $7.50M | $27.77M | $6.66M | $23.69M |
| EBITDA Ratio | $0.06 | $0.14 | $0.06 | $0.14 |
| Operating Income | $10.37M | $27.71M | $5.13M | $24.51M |
| Operating Income Ratio | $0.08 | $0.12 | $0.04 | $0.12 |
| Other Income/Expenses (Net) | -$6.46M | -$4.54M | -$1.15M | -$3.41M |
| Income Before Tax | $3.91M | $23.17M | $3.98M | $21.10M |
| Income Before Tax Ratio | $0.03 | $0.10 | $0.03 | $0.11 |
| Income Tax Expense | $1.19M | $7.81M | $1.27M | $6.41M |
| Net Income | $2.70M | $15.33M | $2.62M | $14.64M |
| Net Income Ratio | $0.02 | $0.07 | $0.02 | $0.07 |
| EPS | $0.15 | $0.85 | $0.15 | $0.82 |
| Diluted EPS | $0.15 | $0.85 | $0.15 | $0.82 |
| Weighted Avg Shares Outstanding | $17.94M | $17.94M | $17.94M | $17.94M |
| Weighted Avg Shares Outstanding (Diluted) | $17.94M | $17.94M | $17.94M | $17.94M |
The company's financials show resilient growth, with revenue advancing from $198.64M in Q4 2022 to $131.17M in Q2 2024. Gross profit remained healthy with margins at 14% in Q2 2024 compared to 19% in Q4 2022. Operating income hit $10.37M last quarter, sustaining a consistent 8% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $7.50M. Net income dropped to $2.70M, while earnings per share reached $0.15. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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