VIASP Q1 2023 Earnings — Via Renewables, Inc. Revenue & Financial Results | Market Cap Arena

VIASPVia Renewables, Inc.

$97M

Q1 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$132M+3.7% YoY

Gross Profit

$14M10.9% margin

Operating Income

-$6M-4.7% margin

Net Income

-$187,000-0.1% margin

EPS (Diluted)

$-0.94

QoQ Revenue Growth

+12.3%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$13M

Stock-Based Comp.

$685,000

Balance Sheet

Total Assets

$319M

Total Liabilities

$218M

Stockholders' Equity

$126M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$127M	+3.7%
Gross Profit	$14M	$58M	-75.3%
Operating Income	-$6M	$38M	-116.0%
Net Income	-$187,000	$13M	-101.4%

Revenue Segments

Retail Electricity

$419M61%

Retail Natural Gas

$269M39%

Geographic Segments

Mid-Atlantic

$47M35%

New England

$37M27%

Southwest

$34M25%

Midwest

$18M13%