earnings
confidence high
sentiment positive
materiality 0.70
Via Renewables Q4 Net Loss $0.9M, Full Year Net Income $26.1M; Adjusted EBITDA up YoY
Via Renewables, Inc.
2023-FY EPS reported
$1.36
revenue$435,192,000
- Q4 net loss $0.9M vs $27.5M loss a year ago, with $6.2M mark-to-market hedges loss.
- Q4 Adjusted EBITDA $13.3M vs $12.6M prior year; Retail Gross Margin $33.7M.
- Full year Net Income $26.1M vs $11.2M in 2022; Adjusted EBITDA $56.9M vs $51.8M.
- Full year Retail Gross Margin $136.7M vs $114.8M, driven by lower commodity prices and higher unit margins.
- Series A Preferred dividend $0.75960/share, payable April 15, 2024 to holders of record April 1.