Gexa Corp [hot] Today
The company was established in Houston shortly after the Public Utility Commission of Texas (PUCT) approved its license to become a retail electric provider in August 2001. By 2002, Gexa Corp was among the first wave of companies to enter the newly deregulated Texas electricity market, offering residential and commercial consumers an alternative to traditional utilities.
Because "Gexa Corp" is not a prominent public name in the paper trade, detailed public financial data or production volumes are difficult to find without more specific context. gexa corp
| Metric | Value | Commentary | |--------|-------|-------------| | Revenue | $1.8B | +12% YoY, driven by device subscriptions. | | Gross Margin | 18.5% | Up from 14% (2023) – VPP services are high-margin. | | Adjusted EBITDA | $220M | Includes $45M from grid service sales. | | Customer Count | 1.2M | Net adds: 150k (2025). | | Churn | 18% annual | Improved from 24% after fixing price plans. | | Debt/EBITDA | 2.1x | Manageable, but rising interest costs a risk. | The company was established in Houston shortly after
| Segment | Description | Revenue % (Est.) | |---------|-------------|------------------| | | Fixed/variable rate plans for residential & SMB, mostly wind/solar-backed. | 68% | | Smart Home Solutions | Subscription for devices + energy optimization (Gexa IQ platform). | 22% | | Grid Services | Selling demand-response capacity to grid operators (ERCOT, ISO-NE). | 10% | | | Customer Count | 1
appears to be a lesser-known or specialized entity in the paper industry. Unlike industry giants (like International Paper or Georgia-Pacific), Gexa Corp does not have a widely recognized global footprint in consumer paper products.
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