Name | Value |
---|---|
Revenues | 185.2M |
Cost of Revenue | 109.2M |
Gross Profit | 76.1M |
Operating Expense | 22.9M |
Operating I/L | 14.5M |
Other Income/Expense | -11.1M |
Interest Income | 1.9M |
Pretax | 42.1M |
Income Tax Expense | 8.9M |
Net Income/Loss | 29.0M |
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.