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VIA

7.46USD+0.07(+0.95%)Delayed

Via Renewables, Inc.

Market Summary

USD7.46+0.07Delayed
0.95%

VIA Alerts

VIA Stock Price

RSI Chart

Valuation

Market Cap

108.8M

Price/Earnings

5.46

Price/Sales

0.26

Price/Cashflow

6.6

MarketCap/EBT

2.06

Price/Sales

Profitability

EBT Margin

12.44%

Return on Equity

31.46%

Return on Assets

5.71%

Fundamentals

Revenue

Revenue (TTM)

424.4M

Revenue Y/Y

19.65%

Revenue Q/Q

-23.2%

Earnings

Earnings (TTM)

19.9M

Earnings Y/Y

-55.95%

Earnings Q/Q

-64.4%

Price Action

52 Week Range

11.37
(Low)(High)

Last 7 days

3.6%

Last 30 days

13.7%

Last 90 days

-13.8%

Trailing 12 Months

-34.2%

Financial Health

Current Ratio

3.49

Debt/Equity

1.81

Debt/Cashflow

0.14

Investor Care

Dividend Yield

13.11%

Dividend/Share (TTM)

0.73

Shares Dilution (1Y)

7.22%

Diluted EPS (TTM)

0.74

Financials for Via Renewables

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue4.0%424408393413455
Gross Profit-23.1%142184
  S&GA Expenses6.3%4947445867
Earnings Before Taxes-20.0%5366-0.155339
Net Income-22.7%202652217
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-1.1%349353355392369
  Current Assets-1.7%199202197242216
    Cash Equivalents-15.9%4351698993
  Inventory2113.9%20231
  Net PPE1.4%44454
  Goodwill0%120120120120120
Liabilities-4.7%183192218211215
  Current Liabilities-19.1%5770827170
  Long Term Debt-14.8%115135140145-
    LT Debt, Non Current-14.8%115135140145-
Shareholder's Equity2.1%6362537059
  Retained Earnings0.5%991188
  Additional Paid-In Capital2.2%5655555453
Accumulated Depreciation-5.3%33333
Shares Outstanding0.6%16161615-
Minority Interest37.4%1511-3.00248
Float-135----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-59.7%1641132729
  Share Based Compensation14.0%43322
Cashflow From Investing-10.6%-10.61-9.59-6.51-4.62-2.64
Cashflow From Financing-9.9%-64.89-59.04-2.561-1.66
  Dividend Payments1.8%1111111111
  Buy BacksNaN%00
* denotes actual numbers (not divided by Millions)

Risks

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.

Returns

Cumulative Returns on VIA

2.8%


7-Year Cumulative Returns

-2.9%


5-Year Cumulative Returns

-6.5%


3-Year Cumulative Returns

What are the long-term rolling returns for VIA?

FIve years rolling returns for Via Renewables.

Which funds bought or sold VIA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-6,000
34,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-6,000
-
-%
2022-11-15
STATE STREET CORP
ADDED
7.07
-66,000
1,845,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
186,591
186,591
-%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
112,000
112,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Semmax Financial Advisors Inc.
SOLD OFF
-100
-1,000
-
-%
2022-11-14
JPMORGAN CHASE & CO
REDUCED
-3.44
-565,000
3,815,000
-%
2022-11-14
MILLENNIUM MANAGEMENT LLC
-
-
-426,000
279,000
-%
2022-11-14
BOKF, NA
REDUCED
-36.57
-57,000
75,000
-%

1–10 of 47

Latest Funds Activity

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

Via Renewables News

Seeking Alpha

The Passive 60/40 Portfolio Is Broken - Do This Instead.4 hours ago

VIA Fair Value

Via Renewables fair value in different scenarios

The table shows the Fair Value estimates for Via Renewables for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

10.86

45.58%

15.03

101.47%

17.33

132.31%

38.76

419.57%

67.82

809.12%

Current Inflation

10.27

37.67%

13.88

86.06%

15.83

112.20%

34.52

362.73%

59.48

697.32%

Very High Inflation

9.52

27.61%

12.48

67.29%

14.04

88.20%

29.50

295.44%

49.73

566.62%

Historical Via Renewables Fair Value Estimates


Recent SEC filings of Via Renewables

View All Filings
Date Filed Form Type Document
Nov 16, 2022
4
Insider Trading
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading

Latest Insider Trading transactions for VIA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-14
Maxwell W Keith III
BOUGHT
14,130
7.065
2,000
Chief Executive Officer
2022-05-20
Hartwick Kenneth Michael
GIFTED
-
-
-3,700
-
2022-05-18
Maxwell W Keith III
ACQUIRED
-
-
165,986
Chief Executive Officer
2022-05-18
Maxwell W Keith III
SOLD (Taxes)
-391,945
8.21
-47,740
Chief Executive Officer
2022-05-18
Clay Barbara
ACQUIRED
-
-
15,232
Acting General Counsel and Sec
2022-05-18
Barajas Mike
ACQUIRED
-
-
5,114
Chief Financial Officer
2022-05-18
Barajas Mike
SOLD (Taxes)
-12,495.6
8.21
-1,522
Chief Financial Officer
2022-05-18
Konikowski Paul
ACQUIRED
-
-
2,582
Chief Operating Officer
2022-05-18
Konikowski Paul
SOLD (Taxes)
-5,820.89
8.21
-709
Chief Operating Officer
2022-05-18
Bush Amanda
ACQUIRED
-
-
8,361
-

1–10 of 39

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

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Retail revenues$ 117,187$ 98,267$ 343,592$ 293,721
Net asset optimization revenue (expense)1,672(288)(480)(542)
Total Revenues118,85997,979343,112293,179
Operating Expenses:    
Retail cost of revenues102,21240,298232,621198,642
General and administrative16,3029,71944,82033,053
Depreciation and amortization3,2705,04913,39016,498
Total Operating Expenses121,78455,066290,831248,193
Operating (loss) income(2,925)42,91352,28144,986
Other (expense) income:    
Interest expense(2,002)(1,298)(5,129)(4,161)
Interest and other income1163265228
Total other expenses(1,991)(1,235)(4,864)(3,933)
(Loss) income before income tax expense(4,916)41,67847,41741,053
Income tax (benefit) expense(48)7,0218,7269,160
Net (loss) income(4,868)34,65738,69131,893
Less: Net (loss) income attributable to non-controlling interests(3,987)19,77421,98114,158
Net (loss) income attributable to Via Renewables, Inc. stockholders(881)14,88316,71017,735
Less: Dividend on Series A Preferred Stock2,0261,9515,6775,853
Net (loss) income attributable to stockholders of Class A common stock, basic(2,907)12,93211,03311,882
Net (loss) income attributable to stockholders of Class A common stock, diluted$ (2,907)$ 12,932$ 11,033$ 11,882
Net (loss) income attributable to Via Renewables, Inc. per share of Class A common stock    
Basic (in dollars per share)$ (0.18)$ 0.83$ 0.70$ 0.79
Diluted (in dollars per share)$ (0.18)$ 0.82$ 0.70$ 0.79
Weighted average shares of Class A common stock outstanding    
Basic (in shares)15,85815,57215,75414,965
Diluted (in shares)15,85815,68615,86315,099

VIA Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 40,403$ 68,899
Restricted cash1,9486,421
Accounts receivable, net of allowance for doubtful accounts of $5,486 at September 30, 2022 and $2,368 at December 31, 202156,74166,676
Accounts receivable—affiliates5,6423,819
Inventory5,2731,982
Fair value of derivative assets, net25,0643,930
Customer acquisition costs, net2,847946
Customer relationships, net4,4698,523
Deposits6,4916,664
Renewable energy credit asset20,73014,691
Other current assets6,81514,129
Total current assets176,423196,680
Property and equipment, net4,8804,261
Fair value of derivative assets, net1,504340
Customer acquisition costs, net1,527453
Customer relationships, net5665,660
Deferred tax assets18,86723,915
Goodwill120,343120,343
Other assets4,0443,624
Total assets328,154355,276
Current liabilities:  
Accounts payable26,99243,285
Accounts payable—affiliates431491
Accrued liabilities13,56019,303
Renewable energy credit liability12,37013,548
Fair value of derivative liabilities, net2,1664,158
Other current liabilities5821,707
Total current liabilities56,10182,492
Long-term liabilities:  
Fair value of derivative liabilities, net5,79436
Long-term portion of Senior Credit Facility93,000135,000
Subordinated debt—affiliates20,0000
Other long-term liabilities36109
Total liabilities174,931217,637
Commitments and contingencies (Note 12)
Series A Preferred Stock, par value $0.01 per share, 20,000,000 shares authorized, 3,567,543 shares issued and outstanding at September 30, 2022 and December 31, 202187,36487,288
Stockholders' equity:  
Additional paid-in capital56,88354,663
Accumulated other comprehensive loss(40)(40)
Retained earnings3,222776
Treasury stock, at cost, 144,594 shares at September 30, 2022 and December 31, 2021(2,406)(2,406)
Total stockholders' equity58,02053,352
Non-controlling interest in Spark HoldCo, LLC7,839(3,001)
Total equity65,85950,351
Total liabilities, Series A Preferred Stock and Stockholders' equity328,154355,276
Common Class A  
Stockholders' equity:  
Common stock160158
Common Class B  
Stockholders' equity:  
Common stock$ 201$ 201