(Alliance News) - eVISO Spa reported Monday that total soceity volumes for December totaled 1,040 GWh, up 7 percent from the last communication in early October from SII.

Annual consumption volumes related to direct customers subscribed to eVISO as of December are 320 GWh, an all-time high for eVISO, equivalent to annual sales of more than EUR70 million. To these must be added the 52 GWh of contracts signed with the Imperia Energia Consortium as of January 1, 2024 and equivalent to EUR12 million in additional turnover.

The annual consumption volumes of current Reseller channel customers and coupled with eVISO in December amounted to 720 GWh, equivalent to annual revenues in excess of EUR160 million.

Finally, there is to be added 530 GWh additional energy supply contracts to reseller customers, already signed for the calendar year 2024, for a ceiling of annual revenues additional to the volumes under management and amounting to about EUR120 million, and the other business lines such as energy ancillary services, gas and apples.

Gianfranco Sorasio, chief executive officer of eVISO, said, "The numbers of volumes of energy supply alone to resellers and direct customers under management as of December and the additional energy contracts already signed indicate, for the year 2024-2025, in which we expect them to be fully operational, an estimated revenue of 30 percent higher than the analysts' consensus."

"The volumes disclosed today signal eVISO's speed in interpreting the Power-Tech segment with distinctive technology products and services and thus generating value in an extremely competitive market. In addition, the proprietary platform highlights the uniqueness of both eVISO's business model and the power-tech services it offers, enabling the company to manage an increasing number of users with ever lower residual costs."

eVISO's stock closed Monday down 0.8 percent at EUR2.66 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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