{"id":11855,"date":"2020-09-24T06:56:33","date_gmt":"2020-09-24T10:56:33","guid":{"rendered":"https:\/\/www.comtechadvisory.com\/blog\/energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo\/"},"modified":"2020-09-24T06:56:33","modified_gmt":"2020-09-24T10:56:33","slug":"energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo\/","title":{"rendered":"EnergyOne Posts Increased Revenues and Sees Major European Contribution from Contigo"},"content":{"rendered":"<div>\n<p>EnergyOne, the parent company of Contigo and eZ-nergy, has had a very good year especially given the background of COVID and so on, Mr. Simon Wheeler told me last week when we spoke. Its\u2019 financial year wrapped up at the end of June and its annual report shows a 28% uptick in revenues and 23% increase in earnings. Some 44% of the groups\u2019 revenues now originate in Europe and, according to that report, \u201cThe UK business has grown beyond our original expectations, producing revenue of $8.7M and EBITDA of $1.6M (upon acquisition, we noted \u2018first full year\u2019 forecasts of $8.5M and $1.25M respectively). This result indicates not only the quality of the business but also the benefits gained from integration.\u201d Contigo is exceptionally busy with two \u2018very large\u2019 implementations, Simon told me. Additionally, it has implemented Crown Commercial Services and continues to see a lot of interest through the door. \u201cTier one businesses are moving away from building homegrown solutions and just not looking at the some of the larger platforms,\u201d he told me. \u201cContigo ticks all of their boxes and we can get them live with all the basics very fast while delivering add-ons later.\u201d He says that it<a class=\"moretag\" target=\"_parent\" href=\"https:\/\/www.ctrmcenter.com\/blog\/vendor-news-blog\/energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo\/\" rel=\"noopener noreferrer\">&#8230; continue reading<\/a><\/p>\n<p>Continue reading <a rel=\"nofollow\" href=\"https:\/\/www.ctrmcenter.com\/blog\/vendor-news-blog\/energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo\/\">EnergyOne Posts Increased Revenues and Sees Major European Contribution from Contigo<\/a>. This article appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.ctrmcenter.com\/\">CTRM Center<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/kSRl4llH_7A\" height=\"1\" width=\"1\" alt=\"\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EnergyOne, the parent company of Contigo and eZ-nergy, has had a very good year especially given the background of COVID and so on, Mr. Simon Wheeler told me last week when we spoke. Its\u2019 financial year wrapped up at the end of June and its annual report shows a 28% uptick in revenues and 23% increase in earnings. Some 44% of the groups\u2019 revenues now originate in Europe and, according to that report, \u201cThe UK business has grown beyond our original expectations, producing revenue of $8.7M and EBITDA of $1.6M (upon acquisition, we noted \u2018first full year\u2019 forecasts of $8.5M and $1.25M respectively). This result indicates not only the quality of the business but also the benefits gained from integration.\u201d Contigo is exceptionally busy with two \u2018very large\u2019 implementations, Simon told me. Additionally, it has implemented Crown Commercial Services and continues to see a lot of interest through the door. \u201cTier one businesses are moving away from building homegrown solutions and just not looking at the some of the larger platforms,\u201d he told me. \u201cContigo ticks all of their boxes and we can get them live with all the basics very fast while delivering add-ons later.\u201d He says that it&#8230;<a class=\"moretag\" target=\"_parent\" href=\"https:\/\/www.comtechadvisory.com\/blog\/energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo\/\"> &#8230; continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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good year especially given the background of COVID and so on, Mr. Simon Wheeler told\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/energyone-posts-increased-revenues-and-sees-major-european-contribution-from-contigo\/\" \/>\n<meta property=\"og:site_name\" content=\"Commodity Technology Advisory\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-24T10:56:33+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/kSRl4llH_7A\" \/>\n<meta name=\"author\" content=\"Patrick Reames\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:site\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" 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