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ORA| Name | Value |
|---|---|
| Revenues | 249.7M |
| Cost of Revenue | 185.7M |
| Gross Profit | 64.0M |
| Operating Expense | 26.4M |
| Operating I/L | -3.1M |
| Other Income/Expense | 23.1M |
| Interest Income | 1.6M |
| Pretax | 20.0M |
| Income Tax Expense | -4.3M |
| Net Income/Loss | 24.1M |
Ormat Technologies, Inc. operates in the geothermal and recovered energy power business globally. The company generates revenue through three segments: Electricity, Product, and Energy Storage. The Electricity segment focuses on developing, owning, and operating geothermal, solar photovoltaic, and recovered energy-based power plants, and selling electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation, and provides related services. The Energy Storage segment offers energy storage and related services. Ormat Technologies, Inc. serves a wide range of clients, including power plant developers, industrial companies, and energy-intensive processes.
