Quarterly Activities Report

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Stock Energy Action Ltd (EAX.ASX)
Release Time 31 Oct 2025, 11:56 a.m.
Price Sensitive Yes
 Energy Action Ltd Quarterly Activities Report
Key Points
  • Revenue up 17.05% to $2.89 million
  • Receipts from customers of $2.67 million
  • Investment in Utilibox platform and IT upgrades
Full Summary

Energy Action Ltd (ASX:EAX) has released its quarterly activities report for the three months ended 30 September 2025 (Q1 FY26). The company reported revenue of $2.89 million, up 17.05% on the prior corresponding period. Receipts from customers totaled $2.67 million, supported by ongoing contract renewals and solid new-business wins. The company continued to invest in technology, with $0.21 million directed toward the Utilibox platform and IT upgrades to enhance data and emissions capability. Energy Action maintained disciplined capital management, utilizing the CBA revolver facility to support growth while reducing interest costs. The company closed the quarter with a cash balance of $0.33 million. Energy Action's strategy remains focused on scaling the business around its core energy services and expanding its reach across Australia's large energy user market. The company continues to invest in the Utilibox platform to enhance the quality, efficiency, and integration of its services. Alongside the technology investment, Energy Action is strengthening its sales and marketing operations to increase market engagement and capture a greater share of the substantial opportunity.

Outlook

Energy Action's strategy remains firmly focused on scaling the business around its core energy services and expanding its reach across Australia's large energy user market. The company estimates there are more than 60,000 organisations that can benefit from its capabilities in energy procurement and contract management, carbon emissions reporting and carbon trading, and solar PV and battery procurement.