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GREAT PLAINS ENERGY INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2018 10-Q, filed May 2, 2018. Its latest SEC filing is a 15-12B from Jun 18, 2018.

The sections below describe the company as of the Q4 FY2017 annual report.

What Did They Do?

Generates, transmits, distributes and sells regulated electricity to residential, commercial and industrial customers in Missouri and Kansas; also provides regulated steam to some customers near St. Joseph, Missouri.

How Did They Make Money?

The utility earns charges from residential, business and other utility customers for electricity when it provides the service, including electricity used but not yet billed by month-end.

FY2017 revenue

Who Were Their Customers?

Serves residences, commercial firms, industrial customers, municipalities and other electric utilities in western Missouri and eastern Kansas. GMO also provides regulated steam to some customers in the St. Joseph area.

Did Revenues Turn Into Profits?

No. It lost $106.2M in FY2017.

Operating income, FY2017
22% of revenue
▼ −2% vs FY2016 ($618.9M, 23%)
Net income, FY2017
−4% of revenue
▼ Now a loss vs FY2016 ($290M, 11%)

How Were They Changing?

Since the Q4 FY2017 annual report
Latest quarter: Q1 FY2018, the three months to Mar 31, 2018
Revenue
▲ +2%
vs $570.7M in Q1 FY2017
Net income
▲ Now profitable
vs −$9.6M in Q1 FY2017
  • Jun 4, 2018 Great Plains Energy merged into Evergy as Westar merged with Evergy's subsidiary

Grew. Revenue grew 11% in 4 years, from $2.4B in FY2013 to $2.7B in FY2017, about 3% a year.

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