VIASP Q1 2024 Earnings — Via Renewables, Inc. Revenue & Financial Results | Market Cap Arena

VIASPVia Renewables, Inc.

$97M

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$114M-13.5% YoY

Gross Profit

$45M39.5% margin

Operating Income

$26M22.6% margin

Net Income

$9M7.5% margin

EPS (Diluted)

$2.65

QoQ Revenue Growth

+12.1%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$17M

Stock-Based Comp.

$514,000

Balance Sheet

Total Assets

$303M

Total Liabilities

$159M

Stockholders' Equity

$141M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$114M	$132M	-13.5%
Gross Profit	$45M	$14M	+212.9%
Operating Income	$26M	-$6M	+518.2%
Net Income	$9M	-$187,000	+4681.3%

Revenue Segments

Retail

$114M99%

Product and Service, Other

$1M1%

Geographic Segments

Mid-Atlantic

$46M40%

New England

$32M28%

Southwest

$22M19%

Midwest

$15M13%