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TGE

Generation Essentials Group

TGE

Generation Essentials Group • NYSE
$1.12 ▼ -0.88% (-0.01)
Market Cap $47.57 M
52w High $37.02
52w Low $0.78
Dividend Yield 0%
P/E 1.9
Volume 116.54K
Outstanding Shares 42.48M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2019 $232.963M ▲ $89.424M ▲ $54.079M ▼ 23.214% ▼ $0.3 ▼ $174.572M ▼
Q3-2019 $226.709M ▲ $75.893M ▲ $72.524M ▲ 31.99% ▼ $0.4 $226.075M ▼
Q2-2019 $211.524M ▲ $75.195M ▼ $71.619M ▲ 33.859% ▲ $0.4 ▲ $263.146M ▲
Q1-2019 $197.352M ▼ $81.533M ▲ $50.587M ▼ 25.633% ▼ $0.31 ▼ $100.452M ▼
Q4-2018 $220.256M $64.568M $59.779M 27.141% $0.37 $111.299M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $45.185M ▼ $1.174B ▲ $405.304M ▼ $665.277M ▲
Q2-2024 $61.118M ▲ $816.12M ▲ $426.123M ▲ $123.021M ▲
Q4-2023 $23.679M ▲ $501.514M ▼ $223.68M ▼ $103.78M ▼
Q4-2019 $9.394M ▼ $3.853B ▼ $4.412B ▲ $1.802B ▼
Q3-2019 $15.967M $6.203B $4.354B $1.849B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2019 $54.079M ▼ $160.798M ▼ $3.636M ▲ $-171.007M ▼ $-6.573M ▼ $160.804M ▲
Q3-2019 $72.524M ▲ $187.794M ▲ $-42.14M ▲ $-139.116M ▼ $6.538M ▲ $112.383M ▲
Q2-2019 $71.619M ▲ $186.666M ▲ $-146.354M ▼ $-45.925M ▼ $-5.613M ▼ $99.417M ▲
Q1-2019 $50.587M ▼ $143.748M ▼ $-102.426M ▲ $-35.876M ▼ $5.446M ▲ $80.946M ▼
Q4-2018 $59.779M $206.134M $-230.713M $28.654M $4.075M $102.334M

Revenue by Products

Product Q1-2019Q2-2019Q3-2019Q4-2019
Crude oil transportation services
Crude oil transportation services
 $100.00M ▲$100.00M ▲$110.00M ▲$110.00M ▲
Natural gas transportation services
Natural gas transportation services
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲
Processing and other revenues
Processing and other revenues
 $30.00M ▲$40.00M ▲$40.00M ▲$30.00M ▼
Sales of natural gas NGLs and crude oil
Sales of natural gas NGLs and crude oil
 $40.00M ▲$40.00M ▲$40.00M ▲$60.00M ▲

Five-Year Company Overview

Income Statement

Income Statement TGE looks like a very early‑stage media and lifestyle platform that is just starting to scale. Revenue has grown from a tiny base and profitability has actually improved, which is unusual for a young roll‑up in this space and suggests either tight cost control or one‑off gains. Earnings per share have been positive but a bit uneven year to year, which fits a company still shaping its portfolio and business model. Overall, the income statement points to promising direction but limited history and a scale that is still quite small relative to its ambitions.

Balance Sheet

Balance Sheet The balance sheet shows a business that has bulked up its asset base and equity quickly, likely through acquisitions and capital injections tied to its corporate backers. Debt has also risen but does not appear overwhelming compared with total assets and equity, implying some room to borrow for growth while still depending heavily on shareholder capital. Cash, however, looks quite thin relative to the size of the balance sheet, which could leave the company more reliant on ongoing financing or asset sales to fund its expansion plans. In short, TGE has a growing platform but a balance sheet that will need careful management as it scales.

Cash Flow

Cash Flow Reported operating cash flow and free cash flow are essentially a blank slate here, which may reflect limited disclosure, very early operations, or heavy non‑cash items in the reported profits. Without clear cash flow data, it is difficult to judge how much of the earnings are translating into actual cash, or how self‑funded the growth truly is. This lack of visibility makes the cash profile a key area of uncertainty and something that will matter a lot as the company moves from concept and acquisition phase into steady operations.

Competitive Edge

Competitive Edge TGE’s edge comes from owning long‑standing, prestige titles like L’Officiel and The Art Newspaper, and from being plugged into the broader AMTD ecosystem. These brands give it credibility with luxury, fashion, and art audiences that are hard for newcomers to replicate, while AMTD brings capital, relationships, and cross‑selling channels. At the same time, TGE operates in intensely competitive arenas—media, entertainment, and hospitality—where consumer tastes shift quickly and digital natives are strong. Its position looks differentiated but still needs to prove staying power and scale in a crowded global field.

Innovation and R&D

Innovation and R&D Instead of traditional lab‑style R&D, TGE is innovating by stretching heritage media brands into digital, metaverse, and physical experiential formats. Examples include Web3 projects, AI‑driven virtual fashion based on deep content archives, digital‑first subscription models, and branded venues like L’Officiel Coffee, L’Officiel Bar, and the planned Art Newspaper Hotel. This is a bold, experimental approach that could unlock multiple revenue streams if executed well, but it also carries execution risk: not all concepts may resonate with audiences or deliver attractive returns. The company’s willingness to test new formats is a clear strength, while consistent delivery and integration remain the main open questions.

Summary

TGE is positioning itself as a modern media and lifestyle group built around iconic brands, digital extensions, and experiential hospitality. The financials suggest early but improving profitability on a very small base, supported by a rapidly growing asset and equity position and modest but rising debt. Limited cash and opaque cash flow data introduce real uncertainty about how durable and self‑funded current growth is. Strategically, TGE’s partnership with AMTD and its focus on high‑end, culturally rich brands give it a distinctive footprint, while its push into Web3, AI, and branded venues shows ambition and creativity. The story is ultimately one of potential versus execution: a compelling concept that still needs time, scale, and clearer cash economics to demonstrate how robust and repeatable the business model will be.

NEWS

November 24, 2025 · 9:52 AM UTC

AMTD Digital's Subsidiary TGE Plans London Stock Exchange's Secondary Listing

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November 13, 2025 · 9:30 AM UTC

AMTD IDEA Group's Controlling Shareholders Enter into Two Years Voluntary Lock-up on Holdings

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November 10, 2025 · 9:25 AM UTC

TGE Pursues the Acquisition of the 100th Ritz Carlton Hotel Globally

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November 3, 2025 · 7:58 AM UTC

AMTD Digital subsidiary TGE's Hotels Portfolio Anticipated to Exceed 1,000 Rooms and double its Revenue

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November 3, 2025 · 7:56 AM UTC

TGE Confirms the Opening of the World's Second L'OFFICIEL COFFEE in Macau

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