Inspired Energy plc (AIM: INSE) – cracking results and dividend lifted 47%, but cash flow?
The leading energy procurement consultant to UK corporates and SME's, announced terrific results for the year ended 31 December 2014. We would be interesting in finding out more about revenue recognition and cash generation.
Inspired Energy Plc provides energy procurement consultancy to a range of UK business customers. The Group’s core services are primarily the review, analysis and negotiation of gas and electricity contracts on behalf of our clients. The Group generates the majority of its revenue from commissions received from energy suppliers. In addition to providing expert consultancy on the negotiation of energy contracts, the Group provides on-going services to clients throughout the life of each contract; validating customer bills and advising of unexpected usage trends. The Group also provides, a variety of additional services such as advice in relation to Power Purchasing…