Brenmiller Energy Ltd Financials
This page shows Brenmiller Energy Ltd (BNRG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Brenmiller Energy Ltd passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Brenmiller Energy Ltd generates $1.40 in operating cash flow (-$9.5M OCF vs -$6.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Brenmiller Energy Ltd earns $-43.3 in operating income for every $1 of interest expense (-$10.6M vs $244K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Brenmiller Energy Ltd's EBITDA was -$10.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 6.1% from the prior year.
Brenmiller Energy Ltd generated -$9.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 37.2% from the prior year.
Brenmiller Energy Ltd reported -$6.8M in net income in fiscal year 2024. This represents an increase of 29.8% from the prior year.
Brenmiller Energy Ltd earned $-1.29 per diluted share (EPS) in fiscal year 2024. This represents an increase of 74.1% from the prior year.
Brenmiller Energy Ltd held $4.1M in cash against $0 in long-term debt as of fiscal year 2024.
Brenmiller Energy Ltd had 8M shares outstanding in fiscal year 2024. This represents an increase of 276.2% from the prior year.
Brenmiller Energy Ltd invested $3.6M in research and development in fiscal year 2024. This represents an increase of 12.9% from the prior year.
Brenmiller Energy Ltd invested $37K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 12.1% from the prior year.
BNRG Income Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
BNRG Balance Sheet
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Total Assets | $9.3M-21.6% | $11.9M+12.5% | $10.6M-15.0% | $12.5M |
| Current Assets | $4.2M-34.1% | $6.3M+37.9% | $4.6M-47.6% | $8.7M |
| Cash & Equivalents | $2.1M-48.1% | $4.1M+28.8% | $3.2M-51.1% | $6.5M |
| Inventory | $1.2M-21.1% | $1.6M+158.3% | $607K-35.1% | $935K |
| Accounts Receivable | N/A | N/A | $278K | N/A |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $8.1M+9.7% | $7.4M-3.7% | $7.7M-1.4% | $7.8M |
| Current Liabilities | $3.2M+14.6% | $2.8M+2.8% | $2.7M+3.1% | $2.6M |
| Long-Term Debt | N/A | N/A | $5.3M | N/A |
| Total Equity | $1.2M-73.4% | $4.5M+55.8% | $2.9M-37.8% | $4.6M |
| Retained Earnings | -$109.7M-7.3% | -$102.2M-7.1% | -$95.4M-11.2% | -$85.8M |
BNRG Cash Flow Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
BNRG Financial Ratios
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 1.30-1.0 | 2.25+0.6 | 1.68-1.6 | 3.30 |
| Debt-to-Equity | 6.83+5.2 | 1.66-0.2 | 1.84+0.2 | 1.69 |
| FCF Margin | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Brenmiller Energy Ltd profitable?
No, Brenmiller Energy Ltd (BNRG) reported a net income of -$6.8M in fiscal year 2024.
What is Brenmiller Energy Ltd's earnings per share (EPS)?
Brenmiller Energy Ltd (BNRG) reported diluted earnings per share of $-1.29 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Brenmiller Energy Ltd's EBITDA?
Brenmiller Energy Ltd (BNRG) had EBITDA of -$10.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Brenmiller Energy Ltd's free cash flow?
Brenmiller Energy Ltd (BNRG) generated -$9.5M in free cash flow during fiscal year 2024. This represents a -37.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Brenmiller Energy Ltd's operating cash flow?
Brenmiller Energy Ltd (BNRG) generated -$9.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Brenmiller Energy Ltd's total assets?
Brenmiller Energy Ltd (BNRG) had $11.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Brenmiller Energy Ltd's capital expenditures?
Brenmiller Energy Ltd (BNRG) invested $37K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Brenmiller Energy Ltd spend on research and development?
Brenmiller Energy Ltd (BNRG) invested $3.6M in research and development during fiscal year 2024.
How many shares does Brenmiller Energy Ltd have outstanding?
Brenmiller Energy Ltd (BNRG) had 8M shares outstanding as of fiscal year 2024.
What is Brenmiller Energy Ltd's current ratio?
Brenmiller Energy Ltd (BNRG) had a current ratio of 2.25 as of fiscal year 2024, which is generally considered healthy.
What is Brenmiller Energy Ltd's debt-to-equity ratio?
Brenmiller Energy Ltd (BNRG) had a debt-to-equity ratio of 1.66 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Brenmiller Energy Ltd's return on assets (ROA)?
Brenmiller Energy Ltd (BNRG) had a return on assets of -56.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Brenmiller Energy Ltd's cash runway?
Based on fiscal year 2024 data, Brenmiller Energy Ltd (BNRG) had $4.1M in cash against an annual operating cash burn of $9.5M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Brenmiller Energy Ltd's Piotroski F-Score?
Brenmiller Energy Ltd (BNRG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Brenmiller Energy Ltd's earnings high quality?
Brenmiller Energy Ltd (BNRG) has an earnings quality ratio of 1.40x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Brenmiller Energy Ltd cover its interest payments?
Brenmiller Energy Ltd (BNRG) has an interest coverage ratio of -43.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.