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ORA| Name | Value |
|---|---|
| Revenues | 229.8M |
| Cost of Revenue | 156.8M |
| Gross Profit | 72.9M |
| Operating Expense | 22.0M |
| Operating I/L | 50.9M |
| Other Income/Expense | -13.7M |
| Interest Income | 1.3M |
| Pretax | 37.2M |
| Income Tax Expense | -3.8M |
| Net Income/Loss | 40.4M |
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.
