eVISO, revenues for the year up by 8% and positive cash position

eVISO revenues for the year up by 8 and positive

(Tiper Stock Exchange) – eVISO closed the financial year July 2022- June 2023 with revenues of 225 million, up 8% compared to 208 million in the previous year. The number of electricity users served stands at altitude 401,000, doubled in just 12 months compared to 201 thousand, in line with the strategy of focusing on mainly small-sized customers on the resellers side, also in view of the complete liberalization of the market confirmed for the end of 2023. The number of ancillary procedures provided to electricity and gas customers reached 48,500 units, an increase of 79% compared to the 27,000 cases of the previous year.

The technological DNA of eVISO, based on a platform business model, demonstrated all its strength in the second half of the year just ended, registering a Net Financial Position positive of 9 million (cash), with a recovery of 13 million in cash in just 6 months. This result – emphasizes eVISO – assumes a strategic value of significant competitive advantage when read in a market context characterized by high interest rates and, for the “energy and gas” segment, also by high debt rates.

“The exercise that has just ended – he comments Gianfranco Sorasio, Chief Executive Officer of eVISO – recorded an extremely bubbly second half with the generation of 13 million in cash. With this result, eVISO has reversed the financial dynamics of the July-December 2022 semester – marked by energy costs with unique peaks in recent history and adverse legislative events”.

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