Last $4.62 USD
Change Today -0.2853 / -5.81%
Volume 40.5K
XWES On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ CM
As of 5:20 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

world energy solutions inc (XWES) Snapshot

Open
$4.95
Previous Close
$4.91
Day High
$4.95
Day Low
$4.60
52 Week High
03/14/14 - $5.03
52 Week Low
10/22/13 - $2.99
Market Cap
58.9M
Average Volume 10 Days
33.9K
EPS TTM
--
Shares Outstanding
12.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WORLD ENERGY SOLUTIONS INC (XWES)

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world energy solutions inc (XWES) Details

World Energy Solutions, Inc. provides a range of energy management solutions to commercial and industrial businesses, institutions, utilities, and governments. The company operates in two segments, Energy Procurement and Energy Efficiency Services. The Energy Procurement segment delivers energy procurement services to retail energy, wholesale energy, demand response, and environmental commodity markets. The Energy Efficiency Services segment provides turn-key electrical, mechanical, and lighting energy efficiency services to commercial, industrial, and institutional customers. The company operates World Energy Exchange, an online auction platform that enables energy consumers in North America to negotiate for the purchase or sale of electricity, natural gas, and other energy resources from competing energy suppliers who have agreed to participate on its auction platform in a given event; and enables buyers and sellers to negotiate for the purchase or sale of environmental commodities, such as renewable energy certificates, verified emissions reductions, and certified emissions reductions. It also enables demand response providers and energy consumers to come together in auction events designed to yield price transparency, heighten competition, and maximize the energy consumers’ share of demand response revenues. The company was founded in 1996 and is headquartered in Worcester, Massachusetts.

127 Employees
Last Reported Date: 08/8/14
Founded in 1996

world energy solutions inc (XWES) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $445.4K
Chief Financial Officer, Secretary and Treasu...
Total Annual Compensation: $278.1K
Chief Operating Officer
Total Annual Compensation: $313.7K
Compensation as of Fiscal Year 2013.

world energy solutions inc (XWES) Key Developments

Western Massachusetts Electric Company Selects World Energy Solutions for Project Expeditor Program

World Energy Solutions, Inc. announced it has been selected by Western Massachusetts Electric Company as an approved contractor within its Project Expeditor Program. This new program is designed to help mid-size and large businesses with average monthly demand of over 300 kW reduce energy costs through the implementation of energy efficiency measures. As a contractor within the WMECo Project Expeditor Program, World Energy is approved by the utility to provide comprehensive energy conservation measures, including lighting, energy management systems (EMS), HVAC, retro-commissioning and installing variable frequency drives (VFD), for customers throughout the WMECo service territory. The cost of these efficiency projects is being supplemented directly by WMECo, with the utility offering up to 40% of the total cost of qualifying lighting and mechanical retrofits.

World Energy Solutions, Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Tax Rate Guidance for the Full Year 2014

World Energy Solutions, Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $9,393,036 compared to $7,935,657 a year ago. Operating income was $410,829 compared to operating loss of $1,266,166 a year ago. Income before income taxes was $217,602 compared to loss before income taxes of $1,522,850 a year ago. Net income was $305,602 or $0.02 per basic and diluted share compared to net loss of $1,654,155 or $0.14 per basic and diluted share a year ago. Non-GAAP EBITDA was $1,324,733 or $0.11 per share compared to Non-GAAP LBITDA of $207,119 or $0.02 per share a year ago. Non-GAAP adjusted EBITDA was $1,515,494 or $0.12 per share compared to Non-GAAP adjusted LBITDA of $60,796 or $0.01 per share a year ago. The company’s quarterly record for EBITDA of $1.3 million or $0.11 per share and to $2.1 million or $0.17 per share for the year-to-date period. This increase in profitability was driven by ability to grow revenue, while driving inefficiencies in cost structure, demonstrating the inherent leverage in model. Net cash provided by operating activities was $275,921 or $0.02 per share against $581,728 or $0.05 per share a year ago. Purchases of property and equipment were $10,751 against $65,023 a year ago. For the six months, the company reported revenue of $18,913,390 compared to $16,593,139 a year ago. Operating income was $172,406 compared to operating loss of $1,881,589 a year ago. Loss before income taxes was $217,175 compared to loss before income taxes of $2,348,430 a year ago. Net loss was $192,175 or $0.02 per basic and diluted share compared to net loss of $2,611,040 or $0.22 per basic and diluted share a year ago. Non-GAAP EBITDA was $2,083,474 or $0.17 per share compared to Non-GAAP EBITDA of $208,972 or $0.02 per share a year ago. Non-GAAP adjusted EBITDA was $2,436,138 or $0.20 per share compared to Non-GAAP adjusted EBITDA of $501,281 or $0.04 per share a year ago. Net cash provided by operating activities was $1,167,792 or $0.10 per share against $1,247,125 or $0.10 per share a year ago. Purchases of property and equipment were $59,710 against $74,239 a year ago. As financial results and outlook have improved during the first half of 2014, the company determines that using an actual effective tax rate would best reflect expected income tax provision for the full year.

World Energy Solutions, Inc. to Report Q2, 2014 Results on Aug 08, 2014

World Energy Solutions, Inc. announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Aug 08, 2014

 

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Valuation XWES Industry Range
Price/Earnings 100.0x
Price/Sales 1.6x
Price/Book 2.3x
Price/Cash Flow 629.0x
TEV/Sales 1.4x
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