eVISO exceeds 1,200 GWh of power volumes under management in May, +16% compared to December 2023, equivalent to an annual turnover of 260 €M

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7 May 2024, 12:57

eVISO exceeds 1,200 GWh of power volumes under management in May, +16% compared to December 2023, equivalent to an annual turnover of 260 €M

Data provided by the Integrated Information System (public body)


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Saluzzo (CN), 7 May 2024 – eVISO S.p.A. (simbolo: EVISO) – COMMOD-TECH company, listed on the EGM, with a proprietary artificial intelligence infrastructure that operates in the raw materials sector (electricity, gas, apples) – communicates the data provided by the Integrated Information System (SII) – a public body that manages the information flows relating to the electricity and gas markets – relating to the volumes of annual electricity and GAS consumption of the user base combined with eVISO in the month of May 2024.

 

In particular, the total power volumes under management combined with eVISO are equal to 1,205 GWh, up by a further 16% compared to the communication of 11 December 2023, and are divided as follows:

  • The annual electricity consumption volumes relating to direct customers combined with eVISO in May 2024 are equal to 395 GWh (+23% compared to the data communicated in December and +4% compared to the data communicated in February 2024), an all-time high for eVISO, equivalent to an annual turnover exceeding €90 million;
  • The annual electricity consumption volumes of the current Reseller channel customers and combined with eVISO in the month of May 2024 are equal to 810 GWh (+ 12% compared to the 720 GWh communicated in December 2023), equivalent to an annual turnover exceeding € 170 million.

In addition, the annual GAS consumption volumes combined with eVISO in May 2024 are equal to 5.5 million cubic meters (Mmc), an increase of 10% compared to the figure communicated in March 2024, equivalent to an annual turnover exceeding €4 million.

 

Gianfranco Sorasio, CEO of eVISO, commented: “The numbers of the volumes of electricity supply to resellers and direct customers under management in May 2024 indicate, for the 2024/2025 financial year in which we expect them to be fully operational, a volume greater than 1,200 GWh, +16% compared to the volumes combined in December 2023. The increase in energy volumes on the one hand and the trend reduction in the cost of energy on the other create a context in which eVISO can simultaneously increase both the first margin and the cash position.”

 

Lucia Fracassi, General Director of eVISO, added: “We are very satisfied with the results achieved. eVISO’s technology-driven business model has demonstrated the ability to scale and bring value to our customers. The increases recorded are confirmation of the great teamwork that involved not only our Sales but also all support services.”

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This press release is available in the Investor Relations section of the website www.eviso.ai.

For the transmission of Regulated Information, the Company uses the EMARKET SDIR dissemination system available at www.emarketstorage.com, managed by Teleborsa S.r.l. – with headquarters Piazza di Priscilla, 4 – Rome – following the authorization and CONSOB resolutions n. 22517 and 22518 of 23 November 2022.

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