Ram Power, Corp. announced earnings results for the first quarter ended March 31, 2013. For the fiscal quarter ended March 31, 2013, the company reported revenue of $11.9 million and a total loss and comprehensive loss of $7.9 million or $0.03 per share, compared to revenue of $6.3 million and a total loss and comprehensive loss of $2.4 million or $0.01 per share, for the same period in 2012. The 88% increase in revenue resulted from commencement of San Jacinto Phase II operations in December 2012 and a 17% tariff increase effective October 2012. Adjusted EBITDA increased 191% to $7.2 million for the three months ended March 31, 2013 compared to $2.5 million for the three months ended March 31, 2012 which was primarily the result of $5.5 million increase in revenue from San Jacinto operations and $0.5 million increase in other direct costs. Operating income was $1.7 million against operating loss of $0.5 million of prior year period. For the quarter ended March 31, 2013, the company had net operating cash inflows of $0.1 million. The company expended $5.8 million for additions to property, plant and equipment and geothermal properties, including $5.1 million for Phase I and Phase II San Jacinto expansions.

Ram Power, Corp. at the annual general meeting to be held on June 18, 2013 will consider amendments the Corporation's article.

Ram Power, Corp. announced that they will report Q1, 2013 results at 2:53 PM, US Eastern Standard Time on May 15, 2013