Genie Energy (GNE) Investor presentation summary

Financial position and strategy

• TTM revenue was $503M and adjusted EBITDA was $25M; cash, cash equivalents, restricted cash and current investments totaled $204M at 6/30/2026.

• Market cap was $432M and dividend yield ~1.8% as of 10/1/2026; share repurchases were $7M for the TTM ended 6/30/2026.

• Strategy centers on GRE cash generation and market-driven upside, with GREW businesses and early-stage initiatives adding growth optionality; a strong cash position and low-debt balance sheet support flexibility.

Retail energy

• GRE serves 19 states plus D.C. across deregulated power and gas markets; its asset-light model serves residential and small commercial customers through multiple sales channels.

• At 6/30/2026, GRE served 363K meters and 345K residential customer equivalents; TTM revenue was $476M, income from operations $38M and adjusted EBITDA $40M.

• Income from operations increased 108% in 2Q26 vs. 2Q25; portfolio risk management includes hedging, customer acquisition pauses and geographic diversification.

• In 2022, GRE achieved record gross margin; adjusted EBITDA and free cash flow rose over 100% vs. 2021, and it repurchased common shares and began retiring preferred stock.

Renewables and cash-generating businesses

• GREW generated $27M TTM revenue and reported $(8)M income from operations and $(6.1)M adjusted EBITDA; Diversegy revenue was $17M and Genie Solar revenue was $5M.

• Diversegy serves industrial, commercial and municipal customers; adjusted EBITDA was at a ~$5M annual run rate, with 2026 outlook of $4M–$5M.

• Genie Solar operates 19 MW of assets, including 10 MW in schools and 9 MW of New York community solar; long-term adjusted EBITDA outlook is $2M–$3M from 2027 onward.