Detail akcie Commerce Energy online

Business Summary: Commerce Energy Group, Inc. provides electricity and natural gas supply to residential and commercial customers across North America. The Company is a subsidiary of Just Energy Group Inc. The Company primarly offers its services to customers in California, Delaware, Georgia, Maryland, New Jersey, Pennsylvania, Ohio and Illinois. The Company offers fixed and variable electricity and natural gas products to residential and commercial customers. The electricity and natural gas the Company sells is generally metered and delivered to its customers by the local utilities.
Financial Summary: BRIEF: For the nine months ended 30 April 2009, Commerce Energy Group, Inc. revenues decreased 62% to $121.6M. Net loss increased from $11.8M to $39.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Adjustment to adopt liquidation basis of increase from $0K to $27.3M (expense), Interest expense increase from $912K to $8.4M (expense).