morning, good and Jeff, Thanks, everyone.
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and an use our and hedge. past However, concierge of in majority greatly professional $X.X million is monitoring $XXX,XXX system; the lastly, adjusted change was expense several weather by implementation $X.X be the to Star’s which reduced adjusted of to the tank recognition charge to base million the tied company’s due EBITDA of and associated million EBITDA of by of related business January; of reduced this the fiscal with the unfavorable was expected program, higher loss an which the factors: million discontinued $X.X XXXX; legal a expenses; standard, in of reversed new revenue end of $X.X to
gallons for X% heating by and more increased fiscal propane XX and first last Temperatures the customer half products other colder Volume attrition largely the or due half colder volume X% million but million or than about to gallons still sold XXXX, temperatures than For petroleum million were of and our factors. home oil gallons acquisitions. normal. the to X warmer as of first by other XXXX of year, offset increased to of acquisitions net gallons X% XXX impact million fiscal XX% XX than
oil derivative than and a a hiring or $XX colder adjusted base and effective of expenses Adjusted to to heating non-cash offset adjusted heating value to or increased $X and prior branch $XX to X% profit million profit other about additional million volumes or bad pressures. oil higher to partly expenses and concierge increased million sold by increase business by greater adjusted lower change acquisitions, credit of for total for business, EBITDA $X in million in of rate EBITDA million the rose Our to which effective home for $XX Acquisitions propane the net from improving was of offset million. tax and $XXX operating $X margins in X% the provided $X.X increase Delivery partially operating an EBITDA product six and year-over-year due an gross $XXX higher by of $XX products. than program, a at the months base higher in fiscal petroleum $XX processing increase. $XX increase million fair And increased period million expenses, gross income the X% in higher acquisition-driven of and posted expense, inflationary $XXX business EBITDA of due propane million. the the card vehicle fees, million. instruments base XXXX the $XX.X The $XX due income in or million accounted unfavorable year the of million We margins million. increase by more debt and million higher the home impact – million temperatures by as
EBITDA adjusted related and a several was the charge base by However, higher of $X.X expenses; $X.X million revenue of in million to standard; $X.X factors: to million recognition due implementation reduced legal the business our of the abandonment the monitoring that we’ve the of mentioned and program, call tank of I’d over an loss that, pretty EBITDA And past to much program; million back adjusted to which January. turn Jeff. company’s with concierge associated have like this the with I $X professional curtailed