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Spark Energy, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results


Spark Energy, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results
Key Business Highlights
Recorded $24.7 million in Adjusted EBITDA, $49.0 million in Retail Gross Margin, and $8.8 million in Net Income for the fourth quarter 2020
Recorded $106.6 million in Adjusted EBITDA, $196.5 million in Retail Gross Margin, and $68.2 million in Net Income for the year ended 2020
Total liquidity of $168.2 million
2020 was the strongest year yet for Spark and we have continued to improve the quality of our customer book. We have pivoted away from high usage, lower margin C&I contracts which has led to stronger average unit margins, partially offsetting the decrease in volumes compared to 2019. Our overall customer book is much healthier. Despite the winter storm that happened in Texas in the middle of February, we believe Spark Energy will be successful in 2021, said Keith Maxwell, Spark s Chief Executive Officer and Chairman of the Board. ....

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Atotech Reports Fourth Quarter and Full Year 2020 Results and Provides 2021 Full Year Guidance


Atotech Reports Fourth Quarter and Full Year 2020 Results and Provides 2021 Full Year Guidance
Delivers net income of $22 million, up significantly over the fourth quarter of 2019
Posts adjusted EBITDA of $106 million, a 5% increase over the fourth quarter of 2019
Reduces net leverage to 5.1x at year end 2020 (before IPO completion on February 8, 2021)
Expects total full year 2021 organic revenue growth to be in the range of 10% to 12%, including full year organic chemistry revenue growth in the range of 8% to 9%
Anticipates full year 2021 adjusted EBITDA
1 to be in the range of $405 million to $425 million, an increase of approximately 14%, at the mid-point
BERLIN, March 04, 2021 (GLOBE NEWSWIRE) Atotech (NYSE: ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, today reported its financial results for the fourth quarter and full year 2020 and provided guidance for full year 2021. Total o ....

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