Name | Value |
---|---|
Revenues | 241.3M |
Cost of Revenue | 162.9M |
Gross Profit | 78.5M |
Operating Expense | 24.6M |
Operating I/L | 53.9M |
Other Income/Expense | -41.5M |
Interest Income | 2.4M |
Pretax | 48.8M |
Income Tax Expense | 8.2M |
Net Income/Loss | 35.7M |
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.