Ambit Energy celebrated its 7th birthday on August 7, 2013. Already the 14th largest direct selling company in the world of any kind, the electricity and gas retailer is growing at yearly rate of about 20-25%. In March 2013, Ambit announced the milestone of becoming a $1 billion company, based on a trailing 12-month revenue, which makes them one of the fastest growing private companies in American history.
Ambit currently offers service in nine states plus Washington D.C. Energy deregulation is happening all over the United States, and more states are in different stages of deregulation. This means that the opportunity for growth continues to increase as more markets open up. Ambit has built its systems from scratch, allowing for such incredible growth in the past seven years. Thanks to a team of more than 200,000 independent consultants gathering customers, Ambit is now one of the most recognized and respected names in the $500 billion energy industry.
Co-Founders Jere Thompson and Chris Chambless started the company with the motto, “Never sacrifice integrity for growth.” It has been the core of the company’s culture, evident by its A+ Better Business Bureau rating, No. 1 J.D. Power ranking for customer service in New York, and many other accolades. But even with such tremendous growth and success over the past seven years, Ambit’s leaders know so much more is available in the future. The company plans to move into two new states by the end of 2013, and is confident that the team of consultants will lead the way in expanding into new territories, bringing the opportunity to create life-changing income with Ambit Energy. The next seven years are sure to look a lot different, as Ambit consultants beginning their careers now have the benefit of partnering with a $1 billion respected energy giant that brings ground-floor opportunity to so many new markets.
Ambit Energy Revenue by Year
2006: $1 million
2007: $44 million
2008: $197 million
2009: $325 million
2010: $415 million
2011: $664 million
2012: $930 million
March 2013: $1 billion in trailing 12-month revenue