Genie Energy Q4 Adj. EBITDA $11.1M; FY2024 Adj. EBITDA $48.5M at high end of guidance

Genie Energy Ltd.

Q4 revenue $102.9M (-1.9% YoY); GAAP net loss $0.58/diluted share vs $0.90 loss in Q4 2023.
FY2024 Adj. EBITDA $48.5M (high end of $40-50M guidance); FY2025 guidance maintained at $40-50M.
Added 60k+ net meters in 2024 (+17%); repurchased ~661k shares for $10.4M in 2024.
Non-GAAP net income (excl. insurance reserve) $38.1M ($1.40 EPS) vs $52.1M ($2.00) in 2023.
Paid $0.075/ share quarterly dividend on Feb 26, 2025; record date Feb 18, 2025.

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