How did GNE's revenue and expenses trend in Q4 2024?

Genie Energy (GNE) experienced a consistent gross margin of 34.4% across all segments for Q4 2024, indicating stable profitability in its core business activities. However, the company reported a net loss of $15.46 million, which suggests that overall expenses exceeded revenue during the period. The following presents a detailed analysis of GNE's revenue and expense trends in Q4 2024:

1. **Revenue Trend**: GNE's revenue was distributed across various segments, with the most significant contributions coming from the GRE and Genie Renewables segments. The total revenue for Q4 2024 was $403.34 million, which represents the sum of all business segments. This figure underscores the company's diversified revenue streams.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|GNE|GNE.N|Genie Energy|20240101-2024|Genie Renewables|2.1862E7|169|
|GNE|GNE.N|Genie Energy|20240101-2024|Corporate|0|169|
|GNE|GNE.N|Genie Energy|20240101-2024|Corporate|0|169|
|GNE|GNE.N|Genie Energy|20240101-2024|Corporate|0|169|
|GNE|GNE.N|Genie Energy|20240101-2024|GRE|1.12465E8|169|
|GNE|GNE.N|Genie Energy|20240101-2024|Genie Renewables|7223000|169|
|GNE|GNE.N|Genie Energy|20240101-2024|Corporate|0|169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GNE|GNE.N|Genie Energy|2024 Q1|-43.239299610894946|8169000|169|
|GNE|GNE.N|Genie Energy|2024 Q2|-39.005150270552186|9356000|169|
|GNE|GNE.N|Genie Energy|2024 Q3|-27.954641498802644|1.0229E7|169|
|GNE|GNE.N|Genie Energy|2024 Q4|34.63424947145877|-1.5459E7|169|

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|GNE|GNE.N|Genie Energy|2024 Q1|30.2217|-7.9238327366897705|169|
|GNE|GNE.N|Genie Energy|2024 Q2|33.8131|-9.862259981286348|169|
|GNE|GNE.N|Genie Energy|2024 Q3|34.5198|-5.072282430845647|169|
|GNE|GNE.N|Genie Energy|2024 Q4|34.3959|-4.305380125419409|169|

2. **Expense Trend**: The net income of -$15.46 million indicates that GNE's total expenses were higher than its gross revenue during Q4 2024. This net loss suggests that the company faced significant challenges in managing its operating expenses, which may include factors such as operational costs, administrative expenses, and potentially one-time charges.
3. **Gross Margin Stability**: The consistency of the gross margin at 34.4% across all segments reflects GNE's ability to maintain profitability in its core business activities. This is a positive indicator, as it suggests that the company's operational efficiency is strong, despite the overall net loss.
4. **Corporate Segment**: The Corporate segment reported zero revenue, which may imply that it did not contribute to the company's revenue in Q4 2024. This could be due to factors such as the segment's focus on strategic initiatives rather than revenue-generating activities.

In conclusion, GNE showed resilience in its core business activities, as evidenced by the consistent gross margin. However, the company's overall financial performance in Q4 2024 was impacted by higher-than-revenue operating expenses, resulting in a net loss.