Via Renewables, Inc. - 8.75% Se
25.38-0.06 (-0.24%)
Oct 28, 4:00:00 PM EDT · NasdaqGS · VIASP · USD
Key Stats
Market Cap
-P/E (TTM)
21.69Basic EPS (TTM)
1.17Dividend Yield
0%Recent Filings
8-K
Partial preferred stock redemption
Via Renewables announced the partial redemption of 287,294 shares—about 10%—of its 8.75% Series A Preferred Stock at $25.00 per share in cash, effective October 15, 2025, following the September 15 declaration. This move reduces outstanding preferred shares while honoring the full redemption price, as declared dividends eliminate any unpaid amounts. Redemption cuts fixed dividend obligations. Yet risks like commodity price swings persist.
10-Q
Q2 FY2025 results
Via Renewables posted Q2 revenue of $90.0M, up 4% y/y from $86.7M, driven by higher natural gas volumes from recent customer book buys, though electricity sales dipped amid softer demand. Operating income fell to $6.1M from $20.6M y/y, squeezed by a $20.1M jump in retail costs tied to derivative mark-to-market swings and elevated commodity prices, while gross margin held steady at $32.7M. Diluted EPS for Class A shares landed at $0.09, down sharply from $1.51 y/y, aligning with 3,792 weighted shares. Cash swelled to $62.1M with $43.9M operating inflow for H1, supporting $13.0M in customer acquisitions and $100.0M under a $250.0M Senior Credit Facility at 7.58% (covenants met: 1.54x fixed charge, 1.51x leverage). They snapped up a Texas license in May for $1.0M working capital. Yet regulatory pressures in states like Maryland and Illinois linger.
8-K
Partial preferred stock redemption
Via Renewables announced the partial redemption of 319,216 shares—about 10%—of its 8.75% Series A Preferred Stock on July 16, 2025, at $25.00 per share plus $0.23497 in accumulated dividends, effective August 15, 2025. This move trims outstanding preferred obligations via cash payout through DTC. Redemption sharpens capital structure. Yet risks like commodity price swings loom large.
8-K
Credit facility expanded to $250M
Via Renewables boosted its senior secured borrowing base credit facility to $250.0 million on June 25, 2025, via new arrangements with Woodforest National Bank and additional lenders. This expansion enhances liquidity for the energy retailer's operations. The facility remains with Woodforest as administrative agent. No further terms disclosed.
8-K
Partial preferred stock redemption
Via Renewables announced the partial redemption of 168,008 shares—about 5%—of its 8.75% Series A Preferred Stock on May 9, 2025, at $25.00 per share plus $0.41914 in accumulated dividends, effective June 9, 2025. This move trims outstanding preferred obligations through DTC procedures. Redemption sharpens capital structure.
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