Via Renewables Q2 net income falls to $12.5M from $24.8M; new $195M credit facility

Via Renewables, Inc.

2022-Q2 EPS reported $0.88 revenue$224,253,000

Net income $12.5M vs $24.8M YoY; Adjusted EBITDA $13.3M vs $14.4M.
Gross profit $35.4M (down from $46.0M); Retail Gross Margin $23.7M (down from $26.4M).
Total liquidity $71.1M; entered new $195M credit facility on June 30, 2022.
Quarterly dividends declared: $0.18125/common share payable Sept 15, $0.568125/preferred payable Oct 17.
RCE count 368,000; monthly attrition 3.1% vs 3.3% in Q2 2021.

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