Quarterly Activities Report
| Stock | Energy Action Ltd (EAX.ASX) |
|---|---|
| Release Time | 30 Jul 2025, 1:28 p.m. |
| Price Sensitive | Yes |
Energy Action Ltd Reports Quarterly Activities
- Loan Facility Optimisation: Consolidated borrowings with CBA, securing lower cost of funding
- Revenue Growth: Revenue increased 27.37% from prior corresponding period
- Positive Operating Cash Flow: Net operating cash inflow of $0.31 million
Energy Action Ltd (ASX:EAX) has reported its quarterly activities for the three months ended 30 June 2025 (Q4 FY25). The key highlights include:- Loan Facility Optimisation: The company consolidated its borrowings with the Commonwealth Bank of Australia (CBA), securing a lower cost of funding.- Revenue Growth: Revenue for the quarter increased 27.37% from the prior corresponding period (pcp).- Positive Operating Cash Flow: Net operating cash inflow of $0.31 million was recorded, contributing to a full-year total of $1.78 million.- Product Investment: Continued strategic investment of $0.15 million in the AI-enabled Utilibox platform.- Cash Position: Cash balance at 30 June 2025 was $0.34 million, with surplus cash used to repay borrowings to reduce interest expense.The company's revenue sources in Q4 FY25 remained consistent, primarily derived from energy procurement and contract management, carbon emissions reporting and trading, and solar PV & battery procurement services. Energy Action's CEO, Derek Myers, commented on the strong quarterly performance, noting the momentum built over FY25, the continued investment in innovation and capability, and the strategic milestone of supporting the procurement of the company's first battery for a client.The announcement has been approved for release by the Board.