Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. As of June 30, 2022, it generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Revenue of Meridian Energy Limited (MEZ.AX)
Revenue in 2024 (TTM): $3.16 B
According to Meridian Energy Limited's latest financial reports the company's current revenue (TTM) is $3.16 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Meridian Energy Limited
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2024 | $3.16 B | $490.27 M | $646.98 M | $386.24 M | $278.95 M |
| 2023 | $2.1 B | $535.14 M | $271.8 M | $81.93 M | $61.77 M |
| 2022 | $2.46 B | $382.34 M | $542.29 M | $406.39 M | $293.25 M |
| 2021 | $2.58 B | $449.96 M | $557.25 M | $374.53 M | $278.3 M |
| 2020 | $2.21 B | $554.65 M | $461.01 M | $154.76 M | $114.44 M |
| 2019 | $2.27 B | $544.89 M | $565.7 M | $306.91 M | $220.43 M |
| 2018 | $1.8 B | $436.96 M | $405.09 M | $192.47 M | $130.7 M |
| 2017 | $1.51 B | $427.2 M | $365.43 M | $182.71 M | $128.1 M |
| 2016 | $1.54 B | $422.65 M | $400.54 M | $166.46 M | $120.29 M |
| 2015 | $1.56 B | $401.84 M | $387.54 M | $161.91 M | $160.61 M |
| 2014 | $1.63 B | $383.83 M | $360.88 M | $206.12 M | $149.42 M |
| 2013 | $1.76 B | $539.76 M | $368.23 M | $277.84 M | $191.88 M |
| 2012 | $1.66 B | $1.66 B | $307.78 M | $102.75 M | $48.71 M |
| 2011 | $1.32 B | $1.32 B | $361.47 M | $249.88 M | $197.55 M |
| 2010 | $1.33 B | $1.33 B | $358.98 M | $180.27 M | $120.2 M |