Quarterly Activities Report

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Stock Energy Action Ltd (EAX.ASX)
Release Time 30 Apr 2025, 8:15 a.m.
Price Sensitive Yes
 Energy Action Ltd reports Q3 FY25 results
Key Points
  • Revenue up 22.7% to $2.7 million
  • Positive operating cash flow of $0.059 million
  • Continued investment in AI-driven Utilibox platform
Full Summary

Energy Action Ltd has released its quarterly activities report for the three months ended 31 March 2025 (Q3 FY25), along with its Appendix 4C cash flow report. The company achieved a revenue of $2.7 million for the quarter, reflecting a 22.7% increase compared to $2.2 million in the prior year. Energy Action also recorded a positive operating cash flow of $0.059 million for the quarter, contributing to a year-to-date total of $1.47 million. The company continued to invest in the development of its key AI-driven platform, Utilibox, with a spend of $0.17 million during the quarter. Energy Action closed the quarter with a cash balance of $1.61 million, up from $1.48 million at the end of the prior quarter, maintaining a stable liquidity position. The company's revenue sources in Q3 FY25 remained consistent, primarily derived from its core services, including energy procurement, energy contract management, carbon emissions reporting, carbon trading, and solar PV procurement. Energy Action continued to invest in sales, service capability, and technology to support these services, with a focus on enhancing its Utilibox platform. Key developments included the optimization of the Utilities Accounts Payable Module, enhancements to the NGERS Carbon Reporting Module, and improvements to the Net Zero Scenario Analysis feature. The company also expanded its AI-driven Invoice Parsing capabilities with 19 new vendor parsers.