HOUSTON, TX--(Marketwired - May 12, 2016) - EMEX, LLC, a leading energy risk management firm powered by the latest technology, today announced its energy sales and financial results for the first quarter of 2016. The Company posted a 26% Gross Margin increase and a 19% Net Margin increase compared to the same time period of 2015. Electric term sales volumes increased 41% while Natural Gas term sales volumes realized over a 94% increase compared to the same time period of 2015.
Through continued automation and upgrades on its proprietary online portal and best-in-class operations, EMEX is able to scale its business growth without a significant increase in employment. There was a nominal increase in operating expenses due to new marketing campaigns and travel expenses for expanded business development initiatives. EMEX's forward receivable book increased by 10% the first quarter of this year, and 35% over a trailing 12 months.
"We started the year with a very healthy pipeline, which we were able to turn into sales. Our forward book continues to grow quarter over quarter at a consistent 10% growth. We also outperformed our expected April results to start Q2. The results are a reflection of dedicated employees and their desire to excel in business and customer relations," commented the company's President, Daniel Marzuola.
About EMEX, LLC
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.