secwatch.observer — SEC 8-K summary
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Issuer:     Via Renewables, Inc. (VIASP)
CIK:        0001606268
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001606268-22-000089
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Via Renewables posts Q3 net loss of $4.9M; acquires 18,700 RCEs in Florida
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- Net loss of $4.9M vs net income of $34.7M in Q3 2021; Adjusted EBITDA $15.1M vs $22.0M.
- Acquired 18,700 RCE natural gas customer book in Florida with no upfront cost, immediately accretive to EBITDA.
- Customer acquisition spend rose to $1.7M from $0.3M; total RCE count 336,000 as of Sept 30, 2022.
- Quarterly dividend declared: $0.18125/Class A share and $0.666071/Series A preferred share.
- Retail Gross Margin $30.5M vs $30.9M; Gross Profit down largely due to hedge mark-to-market reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606268/000160626822000089/0001606268-22-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606268/000160626822000089/spke-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001606268-22-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer