Examples of Momentis in a sentence
Just Energy also operates a network marketing division under the trade name Momentis.
In conjunction with the covenant requirements associated with the issuance of senior unsecured notes, the following represents select financial disclosure for the “Restricted Subsidiaries” as defined within the Note Indenture, which generally excludes NHS, HES, Momentis and the U.K. operations.
In conjunction with the covenant requirements associated with the issuance of the senior unsecured note, the following represents select financial disclosure for the “Restricted Subsidiaries” as defined within the Note Indenture, which generally excludes NHS, TGF, HES, Momentis and the UK operations.
Just Energy is the parent to Amigo Energy, Commerce Energy, Hudson Energy, Hudson Energy Solar, National Home Services, Momentis and Tara Energy.
In addition, the Consumer Energy division has commenced marketing bundled products in Ontario and Texas, offering certain commodity products along with a smart thermostat.Just Energy owns and operates Momentis, a network marketing company operating in Canada, the U.S. and the U.K which is also included in the Consumer Energy segment disclosure.
In conjunction with the covenant requirements associated with the issuance of the $105 million senior unsecured note, the following represents select financial disclosure for the “Restricted Subsidiaries” as defined within the Note Indenture, which generally excludes NHS, HES, Momentis and the U.K. operations.
Just Energy also operates a network marketing division under the trade name, Momentis.
Just Energy’s other divisions, Momentis and HES, contributed a combined $9.2 million to Adjusted EBITDA for the six months ended September 30, 2012, an increase from the loss of $0.3 million contributed in the six months ended September 30, 2011.For further information on each division, please refer to “Energy marketing” included below, “Ethanol division (TGF)” on page 25, “Home Services division (NHS)” on page 25 and “Other divisions (Momentis and HES)” on page 26.
Just Energy’s other divisions, Momentis and HES, contributed a combined $1.9 million to Adjusted EBITDA for the current quarter, an increase from $0.5 million contributed in the three months ended September 30, 2011.Adjusted EBITDA amounted to $91.7 million for the six months ended September 30, 2012, an increase of 7% from $85.3 million in the prior comparable period.
For the nine months ended December 31, 2012, selling and marketing expenses amounted to $158.8 million, an increase of 34% from $118.7 million in the prior comparable period, due to a 32% increase in customer additions as well as $11.1 million in additional expenditures related to Momentis due to its growth commencing in the second quarter of the prior year.