Gross margin of Just Energy Group, Inc.
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
Just Energy Group Inc., through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers. It also provides solar energy solutions; carbon emissions solutions, such as carbon offsets and renewable energy credits; and smart thermostats. As of May 17, 2017, the company served two million residential and commercial customers. It markets its products through various sales channels comprising door-to-door marketing, brokers, online marketing, and others. The company was founded in 1997 and is based in Mississauga, Canada.
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