Grufity logoGrufity logo
StocksFundsSearch Filings

Via Renewables, Inc. Stock Research

VIA

10.72USD+0.43(+4.18%)Market Closed

Market Summary

USD10.72+0.43
Market Closed
4.18%

VIA Stock Price

VIA RSI Chart

VIA Valuation

Market Cap

266.6M

Price/Earnings (Trailing)

63.93

Price/Sales (Trailing)

0.6

EV/EBITDA

7.4

Price/Free Cashflow

21.06

VIA Price/Sales (Trailing)

VIA Profitability

EBT Margin

1.40%

Return on Equity

7.19%

Return on Assets

1.27%

Free Cashflow Yield

4.75%

VIA Fundamentals

VIA Revenue

Revenue (TTM)

469.9M

Revenue Y/Y

5.52%

Revenue Q/Q

13.34%

VIA Earnings

Earnings (TTM)

-5.6M

Earnings Y/Y

-101.44%

Earnings Q/Q

97.95%

Price Action

52 Week Range

9.4042.21
(Low)(High)

Last 7 days

0.5%

Last 30 days

2.3%

Last 90 days

-62.4%

Trailing 12 Months

-73.2%

VIA Financial Health

Current Ratio

3.14

Debt/Equity

1.98

Debt/Cashflow

0.13

VIA Investor Care

Dividend Yield

35.23%

Dividend/Share (TTM)

3.63

Shares Dilution (1Y)

1.84%

Diluted EPS (TTM)

-4.91

Financials for Via Renewables

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue1.5%470463448429413
Gross Profit-142----
  S&GA Expenses3.7%64.0062.0056.0049.0047.00
Costs and Expenses11.3%485436432365337
EBITDA-60.9%31.0078.0092.00--
EBITDA Margin-62.6%0.07*0.18*0.22*--
Earnings Before Taxes-259.2%-28.1518.006.0053.0066.00
EBT Margin-88.7%0.01*0.12*0.16*--
Interest Expenses19.3%9.007.006.005.005.00
Net Income-173.7%-5.588.003.0018.0024.00
Net Income Margin-80.0%0.01*0.05*0.06*--
Free Cahsflow-7.6%13.0014.0039.00--
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-3.6%319331328349353
  Current Assets-7.7%165179176199202
    Cash Equivalents34.2%45.0034.0040.0043.0051.00
  Inventory-87.4%1.004.005.002.000.00
  Net PPE-0.1%5.005.005.004.004.00
  Goodwill0%120120120120120
Liabilities1.4%218215175183192
  Current Liabilities-5.0%88.0092.0056.0057.0070.00
  Long Term Debt-115----
    LT Debt, Non Current-115----
Shareholder's Equity-69.0%13.0043.0058.0079.0073.00
  Retained Earnings-9.0%2.002.003.009.009.00
  Additional Paid-In Capital-10.8%38.0043.0057.0056.0055.00
Accumulated Depreciation-5.3%3.003.00---
Shares Outstanding0.7%3.003.003.00--
Minority Interest-72.5%-24.55-14.238.0015.0011.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations52.3%25.0016.0015.0016.0041.00
  Share Based Compensation10.3%4.003.004.004.003.00
Cashflow From Investing46.9%-3.65-6.87-9.22-10.61-9.59
Cashflow From Financing39.9%-29.65-49.30-61.69-64.89-59.04
  Dividend Payments0.6%12.0011.0011.0011.0011.00
  Buy Backs-0.00----

Risks for VIA

What is the probability of a big loss on VIA?

65.8%


Probability that Via Renewables stock will be more than 20% underwater in next one year

60.8%


Probability that Via Renewables stock will be more than 30% underwater in next one year.

38.5%


Probability that Via Renewables stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does VIA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Via Renewables was unfortunately bought at previous high price.

Drawdowns

Returns for VIA

Cumulative Returns on VIA

-19.6%


7-Year Cumulative Returns

-21.4%


5-Year Cumulative Returns

-31.8%


3-Year Cumulative Returns

What are the long-term rolling returns for VIA?

FIve years rolling returns for Via Renewables.

Annualized Returns

Which funds bought or sold VIA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
sold off
-100
-38,000
-
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
new
-
28,000
28,000
-%
2023-05-18
JPMORGAN CHASE & CO
new
-
193,000
193,000
-%
2023-05-18
JPMORGAN CHASE & CO
sold off
-100
-2,750,000
-
-%
2023-05-16
JANE STREET GROUP, LLC
sold off
-100
-131,899
-
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
sold off
-100
-184,292
-
-%
2023-05-15
PNC Financial Services Group, Inc.
sold off
-100
-122,819
-
-%
2023-05-15
Legal & General Group Plc
new
-
4,999
4,999
-%
2023-05-15
Legal & General Group Plc
sold off
-100
-6,970
-
-%
2023-05-15
PRICE T ROWE ASSOCIATES INC /MD/
new
-
330,000
330,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying VIA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own VIA
No. of Funds

Via Renewables News

Proactive Investors UK
Premier Inn to adopt heat pumps in net zero push.
Proactive Investors UK,
33 hours ago
Business Recorder
Delay in Gharo transmission line irks IPPs.
Business Recorder,
18 days ago
Seattle PI
The Associated Press
Via Renewables: Q1 Earnings Snapshot.
The Associated Press,
30 days ago
Digital Journal
Digital Journal

Schedule 13G FIlings of Via Renewables

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 23, 2023
maxwell w keith iii
65.8%
4,755,798
SC 13D/A
Apr 06, 2023
blackrock inc.
0.0%
0
SC 13G/A
Feb 13, 2023
renaissance technologies llc
5.09%
806,648
SC 13G/A
Feb 01, 2023
blackrock inc.
5.7%
902,105
SC 13G/A
Feb 11, 2022
renaissance technologies llc
6.27%
976,848
SC 13G/A
Feb 03, 2022
blackrock inc.
5.6%
867,729
SC 13G

VIA Fair Value

Show Fair-Value

Recent SEC filings of Via Renewables

View All Filings
Date Filed Form Type Document
Jun 01, 2023
4
Insider Trading
Jun 01, 2023
8-K
Current Report
May 23, 2023
SC 13D/A
13D - Major Acquisition
May 22, 2023
4
Insider Trading
May 22, 2023
4
Insider Trading
May 22, 2023
4
Insider Trading
May 22, 2023
4
Insider Trading
May 22, 2023
4
Insider Trading
May 22, 2023
4
Insider Trading
May 04, 2023
10-Q
Quarterly Report

Latest Insider Trading transactions for VIA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-31
Maxwell W Keith III
gifted
-
-
-6,150
chief executive officer
2023-05-18
Konikowski Paul
sold (taxes)
-7,014
12.46
-563
chief operating officer
2023-05-18
Konikowski Paul
acquired
-
-
2,291
chief operating officer
2023-05-18
Barajas Mike
sold (taxes)
-13,955
12.46
-1,120
chief financial officer
2023-05-18
Barajas Mike
acquired
-
-
4,570
chief financial officer
2023-05-18
Clay Barbara
acquired
-
-
1,716
acting general counsel and sec
2023-05-18
Maxwell W Keith III
sold (taxes)
-183,411
12.46
-14,720
chief executive officer
2023-05-18
Maxwell W Keith III
acquired
-
-
36,768
chief executive officer
2023-05-18
Bush Amanda
acquired
-
-
1,455
-
2023-05-18
Hartwick Kenneth Michael
acquired
-
-
3,297
-

1–10 of 50

William K. Maxwell
170
Via Renewables, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. It operates in two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers. The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers. As of March 2, 2022, the company operated in 101 utility service territories across 19 states and the District of Columbia. It has approximately 408,000 residential customer equivalents. The company was formerly known as Spark Energy, Inc. and changed its name to Via Renewables, Inc. in August 2021. Via Renewables, Inc. was founded in 1999 and is headquartered in Houston, Texas.

VIA Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:  
Retail revenues$ 135,125$ 128,058
Net asset optimization expense(3,273)(904)
Total Revenues131,852127,154
Operating Expenses:  
Retail cost of revenues117,44168,707
General and administrative17,22514,935
Depreciation and amortization3,3365,184
Total Operating Expenses138,00288,826
Operating (loss) income(6,150)38,328
Other (expense) income:  
Interest expense(2,697)(1,307)
Interest and other income8048
Total other expenses(2,617)(1,259)
(Loss) income before income tax expense(8,767)37,069
Income tax (benefit) expense(1,996)6,044
Net (loss) income(6,771)31,025
Less: Net (loss) income attributable to non-controlling interests(6,584)18,052
Net (loss) income attributable to Via Renewables, Inc. stockholders(187)12,973
Less: Dividend on Series A Preferred Stock2,5441,951
Net (loss) income attributable to stockholders of Class A common stock, basic(2,731)11,022
Net (loss) income attributable to stockholders of Class A common stock, diluted$ (2,731)$ 11,022
Net (loss) income attributable to Via Renewables, Inc. per share of Class A common stock  
Basic (in dollars per share)$ (0.86)$ 3.52
Diluted (in dollars per share)$ (1.26)$ 3.49
Weighted average shares of Class A common stock outstanding  
Basic (in shares)3,1733,131
Diluted (in shares)7,1733,159

VIA Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 45,162$ 33,658
Restricted cash01,693
Accounts receivable, net of allowance for doubtful accounts of $4,612 at March 31, 2023 and $4,335 at December 31, 202265,30981,466
Accounts receivable—affiliates5,8056,455
Inventory5564,405
Fair value of derivative assets, net431,632
Customer acquisition costs, net4,2833,530
Customer relationships, net7042,520
Deposits9,59110,568
Renewable energy credit asset24,87724,251
Other current assets8,8788,749
Total current assets165,208178,927
Property and equipment, net4,6864,691
Fair value of derivative assets, net0666
Customer acquisition costs, net1,7561,683
Customer relationships, net396481
Deferred tax assets23,18120,437
Goodwill120,343120,343
Other assets3,4033,722
Total assets318,973330,950
Current liabilities:  
Accounts payable28,13953,296
Accounts payable—affiliates322265
Accrued liabilities8,8088,431
Renewable energy credit liability17,10713,722
Fair value of derivative liabilities, net33,12016,132
Other current liabilities81322
Total current liabilities87,57792,168
Long-term liabilities:  
Fair value of derivative liabilities, net4,3132,715
Long-term portion of Senior Credit Facility111,000100,000
Subordinated debt—affiliates15,00020,000
Other long-term liabilities018
Total liabilities217,890214,901
Commitments and contingencies (Note 12)
Series A Preferred Stock, par value $0.01 per share, 20,000,000 shares authorized, 3,567,543 shares issued and outstanding at March 31, 2023 and December 31, 202287,88087,713
Stockholders' equity:  
Additional paid-in capital38,24442,871
Accumulated other comprehensive loss(40)(40)
Retained earnings1,8862,073
Treasury stock, at cost, 28,919 shares at March 31, 2023 and December 31, 2022(2,406)(2,406)
Total stockholders' equity37,75642,570
Non-controlling interest in Spark HoldCo, LLC(24,553)(14,234)
Total equity13,20328,336
Total liabilities, Series A Preferred Stock and Stockholders' equity318,973330,950
Common Class A  
Stockholders' equity:  
Common stock3232
Common Class B  
Stockholders' equity:  
Common stock$ 40$ 40