NYSE : TGE
The Generation Essentials Group — Financial statements
Financials · Asset Management · France
Last price 0.5071 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 24.57M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
The Generation Essentials Group (TGE) reported revenue of 76.76M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating Revenue | 53.82M | 45.70M | 41.99M | 19.84M | 10.87M |
| Other Revenue | 22.94M | 52.62M | 35.02M | 22.70M | 20.39M |
| Revenue | 76.76M | 98.33M | 77.01M | 42.54M | 31.26M |
| Cost of Revenue | 37.32M | 32.53M | 28.74M | 13.78M | 7.14M |
| Gross Profit | 39.44M | 65.79M | 48.27M | 28.77M | 24.12M |
| Selling, General & Admin | 1.99M | 1.25M | 747.00K | 268.00K | 51.00K |
| Other Operating Expenses | 20.73M | 19.09M | 14.79M | 5.41M | 3.45M |
| Operating Expenses | 22.73M | 79.23M | 15.54M | 5.68M | 4.00M |
| Operating Income | 16.70M | -13.44M | 32.73M | 23.09M | 20.12M |
| Interest Expense | -11.02M | -8.29M | -10.61M | -7.14M | -2.59M |
| Interest & Investment Income | 9.00K | 9.00K | 17.00K | 4.00K | |
| Earnings From Equity Investments | -558.00K | -2.61M | 815.00K | ||
| Other Non Operating Income (Expenses) | 12.63M | 10.56M | 41.00K | 1.24M | 522.00K |
| EBT Excluding Unusual Items | 18.32M | -11.16M | 21.62M | 14.59M | 18.87M |
| Gain (Loss) on Sale of Assets | 24.76M | ||||
| Other Unusual Items | 4.47M | 4.85M | |||
| Pretax Income | 13.18M | -11.16M | 46.37M | 19.06M | 23.72M |
| Income Tax Expense | 5.15M | 1.57M | 1.64M | 1.81M | 599.00K |
| Earnings From Continuing Operations | 8.02M | -12.73M | 44.73M | 17.25M | 23.12M |
| Minority Interest in Earnings | 5.83M | 4.98M | -16.98M | -9.08M | -8.15M |
| Net Income | 13.86M | -7.75M | 27.75M | 8.16M | 14.97M |
| Net Income to Common | 13.86M | -7.75M | 27.75M | 8.16M | 14.97M |
| Shares Outstanding (Basic) | 48.48M | 45.93M | 16.96M | 9.99M | 22.91M |
| Shares Outstanding (Diluted) | 48.48M | 45.93M | 16.96M | 9.99M | 22.91M |
| EPS (Basic) | 0.29 | -0.17 | 1.64 | 0.82 | 0.65 |
| EPS (Diluted) | 0.29 | -0.17 | 1.64 | 0.82 | 0.65 |
| Free Cash Flow | 3.08M | 11.28M | 4.56M | 1.13M | -1.42M |
| Free Cash Flow Per Share | 0.06 | 0.25 | 0.27 | 0.11 | -0.06 |
| Gross Margin | 51.38% | 66.92% | 62.68% | 67.62% | 77.16% |
| Operating Margin | 21.76% | -13.67% | 42.50% | 54.27% | 64.37% |
| Profit Margin | 18.05% | -7.89% | 36.03% | 19.19% | 47.90% |
| Free Cash Flow Margin | 4.01% | 11.47% | 5.92% | 2.66% | -4.54% |
| EBITDA | 33.12M | 1.76M | 44.18M | 25.80M | 21.20M |
| EBITDA Margin | 43.15% | 1.79% | 57.36% | 60.65% | 67.81% |
| D&A For EBITDA | 16.42M | 15.20M | 11.45M | 2.71M | 1.08M |
| EBIT | 16.70M | -13.44M | 32.73M | 23.09M | 20.12M |
| EBIT Margin | 21.76% | -13.67% | 42.50% | 54.27% | 64.37% |
| Effective Tax Rate | 39.10% | 3.54% | 9.50% | 2.53% | |
| Revenue as Reported | 76.76M | 98.33M | 77.01M | 42.54M | 31.26M |
| Advertising Expenses | 935.00K | 504.00K | 52.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 9.99M | 17.66M | 19.98M | 6.12M | 1.21M |
| Short-Term Investments | 3.09M | 980.00K | 195.00K | 353.00K | 199.00K |
| Trading Asset Securities | 7.98M | 8.04M | 25.21M | 17.56M | 21.22M |
| Cash & Short-Term Investments | 21.06M | 26.68M | 45.38M | 24.03M | 22.63M |
| Accounts Receivable | 7.40M | 7.11M | 6.46M | 5.34M | 2.83M |
| Other Receivables | 14.24M | 827.00K | 1.12M | 1.79M | 1.69M |
| Receivables | 21.64M | 7.94M | 7.58M | 7.12M | 4.52M |
| Prepaid Expenses | 2.30M | 402.00K | 1.73M | 506.00K | 67.00K |
| Restricted Cash | 135.00K | 415.00K | |||
| Other Current Assets | 149.59M | 177.45M | 30.34M | 185.07M | |
| Total Current Assets | 194.59M | 212.47M | 85.02M | 31.80M | 212.70M |
| Property, Plant & Equipment | 980.09M | 596.14M | 574.69M | 195.11M | 173.34M |
| Long-Term Investments | 511.94M | 459.14M | 395.34M | 155.93M | 202.59M |
| Other Intangible Assets | 118.19M | 119.10M | 119.38M | 118.68M | 93.04M |
| Other Long-Term Assets | 77.22M | ||||
| Total Assets | 1.80B | 1.46B | 1.17B | 501.51M | 681.67M |
| Accounts Payable | 3.40M | 1.53M | 2.79M | 5.79M | 6.10M |
| Accrued Expenses | 7.15M | 6.11M | 4.30M | 13.64M | 9.80M |
| Short-Term Debt | 29.41M | 33.34M | |||
| Current Portion of Long-Term Debt | 2.21M | 50.23M | 176.00K | 741.00K | 571.00K |
| Current Portion of Leases | 189.00K | 246.00K | 253.00K | 185.00K | 100.00K |
| Current Income Taxes Payable | 4.11M | 2.24M | 1.55M | 812.00K | |
| Current Unearned Revenue | 554.00K | 592.00K | 564.00K | 809.00K | 1.30M |
| Other Current Liabilities | 120.07M | 66.51M | 66.03M | 31.69M | 23.35M |
| Total Current Liabilities | 137.67M | 127.47M | 75.66M | 83.08M | 74.57M |
| Long-Term Debt | 450.50M | 348.23M | 219.43M | 61.56M | 51.13M |
| Long-Term Leases | 12.00K | 27.00K | 267.00K | 198.00K | 120.00K |
| Long-Term Deferred Tax Liabilities | 52.57M | 5.64M | 5.66M | 5.62M | 2.66M |
| Other Long-Term Liabilities | 231.62M | 143.61M | 104.29M | 73.21M | 66.56M |
| Total Liabilities | 872.36M | 624.99M | 405.30M | 223.68M | 195.03M |
| Additional Paid-In Capital | 322.01M | 322.01M | 261.89M | ||
| Retained Earnings | 230.78M | 203.79M | 211.54M | 73.42M | 82.20M |
| Comprehensive Income & Other | 101.20M | 103.05M | 91.84M | 30.36M | 207.07M |
| Total Common Equity | 654.00M | 628.85M | 565.28M | 103.78M | 289.26M |
| Minority Interest | 178.46M | 110.24M | 103.85M | 174.05M | 197.38M |
| Shareholders' Equity | 932.46M | 839.09M | 769.13M | 277.83M | 486.64M |
| Total Liabilities & Equity | 1.80B | 1.46B | 1.17B | 501.51M | 681.67M |
| Total Debt | 452.91M | 398.74M | 220.13M | 92.09M | 85.26M |
| Net Cash (Debt) | -431.85M | -372.06M | -174.75M | -68.06M | -62.63M |
| Net Cash Per Share | -8.91 | -8.10 | -10.30 | -6.81 | -2.73 |
| Filing Date Shares Outstanding | 48.46M | 48.46M | 42.46M | 9.99M | 22.91M |
| Total Common Shares Outstanding | 48.46M | 48.46M | 42.46M | 9.99M | 22.91M |
| Working Capital | 56.92M | 85.00M | 9.36M | -51.29M | 138.13M |
| Book Value Per Share | 13.50 | 12.98 | 13.31 | 10.38 | 12.62 |
| Tangible Book Value | 535.80M | 509.75M | 445.90M | -14.90M | 196.22M |
| Tangible Book Value Per Share | 11.06 | 10.52 | 10.50 | -1.49 | 8.56 |
| Machinery | 149.00K | 140.00K | 138.00K | ||
| Leasehold Improvements | 1.67M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | 13.86M | -7.75M | 27.75M | 8.16M | 14.97M |
| Depreciation & Amortization | 16.68M | 15.46M | 11.72M | 2.83M | 1.08M |
| Loss (Gain) From Sale of Assets | -24.76M | ||||
| Loss (Gain) From Sale of Investments | -7.67M | -44.00M | -26.34M | -12.76M | -13.48M |
| Loss (Gain) on Equity Investments | 558.00K | 2.61M | -815.00K | ||
| Stock-Based Compensation | 24.00K | 58.90M | |||
| Other Operating Activities | -4.74M | -5.43M | 20.55M | 3.62M | 73.00K |
| Change in Accounts Receivable | 880.00K | -657.00K | -3.73M | -1.83M | -929.00K |
| Change in Accounts Payable | -2.80M | -1.25M | 924.00K | -1.44M | -1.64M |
| Change in Unearned Revenue | -13.00K | 28.00K | -216.00K | -913.00K | 756.00K |
| Change in Other Net Operating Assets | -11.32M | -3.35M | -1.90M | 856.00K | -1.44M |
| Operating Cash Flow | 4.89M | 11.95M | 4.57M | 1.13M | -1.42M |
| Capital Expenditures | -1.81M | -671.00K | -8.00K | ||
| Cash Acquisitions | -73.22M | -77.22M | 4.27M | 27.00K | 247.00K |
| Divestitures | -953.00K | ||||
| Investment in Securities | -152.63M | -150.00M | 6.67M | ||
| Investing Cash Flow | -226.53M | -227.90M | 3.31M | 6.70M | 247.00K |
| Long-Term Debt Issued | 61.69M | 34.86M | 2.81M | 9.05M | |
| Short-Term Debt Repaid | -15.68M | -2.06M | -6.43M | ||
| Long-Term Debt Repaid | -411.00K | -2.04M | -589.00K | ||
| Lease Payments | -307.00K | -247.00K | -280.00K | -81.00K | |
| Total Debt Repaid | 7.05M | -411.00K | -17.71M | -2.65M | -6.43M |
| Net Debt Issued (Repaid) | 78.24M | 61.28M | 17.15M | 166.00K | 2.61M |
| Issuance of Common Stock | 150.10M | 162.98M | |||
| Other Financing Activities | -9.95M | -10.52M | -10.92M | -2.64M | -1.55M |
| Financing Cash Flow | 218.40M | 213.74M | 6.23M | -2.47M | 1.06M |
| Foreign Exchange Rate Adjustments | 675.00K | -108.00K | -254.00K | -447.00K | 50.00K |
| Net Cash Flow | -2.57M | -2.32M | 13.86M | 4.91M | -60.00K |
| Free Cash Flow | 3.08M | 11.28M | 4.56M | 1.13M | -1.42M |
| Free Cash Flow Margin | 4.01% | 11.47% | 5.92% | 2.66% | -4.54% |
| Free Cash Flow Per Share | 0.06 | 0.25 | 0.27 | 0.11 | -0.06 |
| Levered Free Cash Flow | 42.87M | -84.28M | 16.14M | 207.31M | |
| Unlevered Free Cash Flow | 49.76M | -79.09M | 22.77M | 211.77M | |
| Free Cash Flow After Leases | 2.77M | 11.03M | 4.28M | 1.05M | -1.42M |
| Cash Interest Paid | 7.93M | 8.51M | 10.92M | 2.64M | 1.55M |
| Cash Income Tax Paid | 4.12M | 862.00K | 6.00K | ||
| Change in Working Capital | -13.26M | -5.22M | -4.92M | -3.33M | -3.25M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 24.57M | 49.91M | 151.93M | ||
| Enterprise Value | 456.42M | 536.41M | |||
| Last Close Price | 0.51 | 1.03 | 9.93 | ||
| PE Ratio | 1.77 | 5.47 | |||
| PS Ratio | 0.32 | 0.51 | 1.97 | ||
| PB Ratio | 0.04 | 0.06 | 0.20 | ||
| P/TBV Ratio | 0.05 | 0.10 | 0.34 | ||
| P/FCF Ratio | 7.97 | 4.42 | 33.33 | ||
| P/OCF Ratio | 5.03 | 4.18 | 33.27 | ||
| EV/Sales Ratio | 5.95 | 5.46 | |||
| EV/EBITDA Ratio | 13.78 | 304.95 | |||
| EV/FCF Ratio | 148.09 | 47.55 | |||
| Debt / Equity Ratio | 0.49 | 0.47 | 0.29 | 0.33 | 0.17 |
| Debt / EBITDA Ratio | 13.57 | 197.10 | 4.95 | 3.55 | 4.02 |
| Debt / FCF Ratio | 146.95 | 35.35 | 48.28 | 81.35 | |
| Net Debt / Equity Ratio | 0.46 | 0.44 | 0.23 | 0.24 | 0.13 |
| Net Debt / EBITDA Ratio | 13.04 | 211.52 | 3.96 | 2.64 | 2.95 |
| Net Debt / FCF Ratio | 140.12 | 32.98 | 38.33 | 60.12 | -44.08 |
| Asset Turnover | 0.05 | 0.07 | 0.09 | 0.07 | |
| Quick Ratio | 0.31 | 0.27 | 0.70 | 0.38 | 0.36 |
| Current Ratio | 1.41 | 1.67 | 1.12 | 0.38 | 2.85 |
| Return on Equity (ROE) | 0.91% | -1.58% | 8.54% | 4.51% | |
| Return on Assets (ROA) | 0.68% | -0.64% | 2.44% | 2.44% | |
| Return on Invested Capital (ROIC) | 0.75% | -1.25% | 4.90% | 4.67% | 3.57% |
| Return on Capital Employed (ROCE) | 1.00% | -1.00% | 3.00% | 5.50% | 3.30% |
| Earnings Yield | 56.36% | -15.53% | 18.27% | ||
| FCF Yield | 12.54% | 22.60% | 3.00% | ||
| Buyback Yield / Dilution | -36.77% | -170.74% | -69.74% | 56.38% |