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Spark Energy, Inc. Reports Second Quarter 2021 Financial Results


Spark Energy, Inc. Reports Second Quarter 2021 Financial Results
ACCESSWIRE
05 Aug 2021, 07:43 GMT+10
HOUSTON, TX / ACCESSWIRE / August 4, 2021 / Spark Energy, Inc. ( Spark or the Company ) (NASDAQ:SPKE)(FSE:SLE), an independent retail energy services company, today reported financial results for the quarter ended June 30, 2021.
Key Highlights
Achieved $14.4 million in Adjusted EBITDA, and $26.4 million in Retail Gross Margin, and $24.8 million in Net Income for the second quarter
Total RCE count of 347,000 as of June 30, 2021
Entered into four separate agreements to acquire approximately 56,900 RCEs
Average monthly attrition of 3.3%
Total liquidity of $151.8 million as of June 30, 2021
We are proud to announce that on May 25th, 2021, we entered into four agreements to acquire a total of approximately 56,900 RCEs. These customers are expected to be immediately accretive to Adjusted EBITDA. Subsequent to quarter end, Spark entered into an ....

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MedMen Reports Sequential Sales Increase in Third Quarter Fiscal Year 2021 Financial Results


Article content
Third quarter revenue of $32.0 million, up 3.8% from the previous quarter adjusting for removal of MedMen NY Inc. from continuing operations
Total Retail Revenue increase of 8.2% quarter-over-quarter, inclusive of New York and Arizona stores
Total Retail Adjusted EBITDA increased to $8.5 million from $6.0 million quarter-over-quarter, for a 22.5% margin, and Total Retail Adjusted EBITDA from continuing operations increased to $7.4 million from $5.5 million quarter-over-quarter for a 23.3% margin
LOS ANGELES MedMen Enterprises Inc. (
“MedMen” or the
“Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, today released its consolidated financial results for its third quarter fiscal 2021 ending March 27, 2021. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. ....

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