Brenmiller Energy Reports Negative GAAP Earnings Per Share of -$0.14
May 26, 2023
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Brenmiller Energy ($NASDAQ:BNRG) reported a negative GAAP earnings per share of -$0.14 for the latest quarter, a significant shift from the positive earnings the company reported in the previous quarter. Brenmiller Energy is a renewable energy company that specializes in clean energy solutions such as solar, wind, and bioenergy, as well as energy storage solutions. The company works with customers to develop custom-made energy solutions that best fit their needs, helping them to reduce their energy costs and environmental impact. Despite the negative earnings reported for this quarter, Brenmiller Energy remains committed to its mission of helping customers achieve their sustainability goals through reliable and cost-effective clean energy solutions.
Stock Price
Despite the disappointing announcement, the stock opened at $1.0 and closed at the same price, leading to a soar of 12.9% from its prior closing price of $0.9. This highlights investors’ confidence in the company’s ability to recover from its losses in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Brenmiller Energy. More…
| Total Revenues | Net Income | Net Margin |
| 1.52 | -11.07 | -727.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Brenmiller Energy. More…
| Operations | Investing | Financing |
| -10.1 | -1.36 | 10.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Brenmiller Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.38 | 9.72 | 0.17 |
Key Ratios Snapshot
Some of the financial key ratios for Brenmiller Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -716.4% |
| FCF Margin | ROE | ROA |
| -760.9% | -148.0% | -55.0% |
Analysis
As GoodWhale, we have conducted an evaluation of BRENMILLER ENERGY‘s wellbeing. We have determined that the company presents a medium risk when assessing their financial and business aspects. To get a better picture of the potential risks involved in this investment, we recommend registering as a user on our platform. This will grant access to more detailed analysis of the company’s financial and business areas. More…
Peers
Among these competitors are Raslag Corp, SGC Energy Co Ltd, and Beijing Energy International Holding Co Ltd. All these companies are constantly striving to outdo each other in terms of innovation and efficiency, making the energy industry an incredibly competitive space.
– Raslag Corp ($PSE:ASLAG)
Raslag Corp is a diversified technology company that provides a range of products and services to customers across the world. The company has seen strong growth in its market capitalization, reaching 2.23B in 2023. Additionally, Raslag Corp has an impressive Return on Equity of 6.31%, indicating a healthy balance sheet and efficient use of resources. This suggests that the company is well-positioned for continued growth in the future.
– SGC Energy Co Ltd ($KOSE:005090)
SGC Energy Co Ltd is a leading energy company that provides products and services to over 18 million customers across the United States. With a market capitalization of 396.92B as of 2023, SGC Energy Co Ltd is one of the largest energy companies in the United States. The company also has a Return on Equity of 17.97%, showing its strong profitability and financial performance. SGC Energy Co Ltd offers a wide range of energy and energy-related services, such as natural gas and electricity, renewable energy, and energy efficiency solutions. With its strong market cap and impressive Return on Equity, SGC Energy Co Ltd is well-positioned to continue providing high-quality products and services to its customers.
– Beijing Energy International Holding Co Ltd ($SEHK:00686)
Beijing Energy International Holding Co Ltd is a Chinese holding company that primarily invests in energy infrastructure projects. As of 2023, the company has a market cap of 4.44B and a Return on Equity of 21.57%. This market cap indicates that the company is large and has a high level of investors’ confidence in its growth and profitability potentials. The stock has gained significantly in the past 12 months, with the ROE indicating that the company is making efficient use of its capital and generating good returns for its investors.
Summary
Brenmiller Energy is a company focused on renewable energy operations. Recently, the company reported a GAAP EPS of -$0.14 for the quarter. Despite this, the stock price moved up on the same day. This suggests that there may be a disconnect between the financials and investor sentiment.
It is important for investors to analyze the company’s financials to identify and understand the underlying drivers of such movement. A thorough analysis of Brenmiller Energy’s operations, including its competitive position, revenue growth, and cost structure can provide investors with a better understanding of the company and help them make an informed decision.
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