Name | Value |
---|---|
Revenues | 175.9M |
Cost of Revenue | 114.8M |
Gross Profit | 61.1M |
Operating Expense | 21.4M |
Operating I/L | 38.9M |
Other Income/Expense | -11.3M |
Interest Income | 1.7M |
Pretax | 27.6M |
Income Tax Expense | 7.2M |
Net Income/Loss | 18.1M |
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.