EMEX Reports Record 2015 Financial Results
Houston, TX (PRWEB) March 15, 2016 -- EMEX, LLC, a leading energy risk management firm powered by the latest technology, today announced its energy sales and financial results for the calendar year of 2015. The Company posted Gross Margins that represented over a 17% increase from 2015 compared to 2014 and a Net Margin increase of over 21% from 2015 compared to 2014. Sales in Electric Term Volumes remained relatively flat at a 2% growth while Natural Gas Term Volumes saw over a 10% growth from 2015 over 2014. Through continued automation and streamlined processes, EMEX also reduced operational expenses by over 7% in calendar year 2015 compared to 2014. EMEX’s forward receivables increased by a healthy 36% from year-end 2014 to year-end 2015.
Dan Marzuola, President of EMEX, LLC, commented: "2015 was a pivotal year for us, as we further enhanced our operational efficiency while growing our client base and company margins; continuing the trend of significant year-over-year growth since EMEX opened in 2007. With respect to 2016, we’re seeing substantial growth in customer volumes while maintaining a flat-to-small increase in operational expenses. Our success comes from a dedicated employee staff and disciplined use of resources that has allowed us to consistently achieve the ambitious annual goals we set for ourselves. EMEX is now positioned for a fantastic 2016.”
Results were fueled by a significant increase in its government, non-profit, and asset management client base. EMEX also continues to push the envelope with innovative technology and proprietary tools that enable keen market insight, fueling growth and providing customers with an unmatched level of consultancy.
EMEX Executive Vice President Ryan Segmond stated: “The combination of our in-house developed, cutting-edge procurement tools and our long-tenured consultancy team is what makes up the backbone of EMEX. After being in business for 9 years and cultivating our technology and intellectual resources into an industry powerhouse, EMEX is now doing more than ever to support our customers and partners: 2016 will be EMEX’s biggest year to date in terms of events, new partnerships, conferences, and other various market initiatives that create win-win opportunities.”
EMEX, LLC is a leading energy consulting firm specializing in delivering unique solutions to help clients nationwide understand and manage their energy risk exposure. Drawing upon over a century of energy market expertise and utilizing technology to facilitate energy transactions and provide EMEX clients with exceptional market transparency, EMEX is changing the way consumers secure their future energy needs. For additional information, please visit our website at: https://energymarketexchange.com/
Daniel Holdridge, EMEX, LLC, +1 (713) 521-9797, [email protected]
Share this article