• Group revenue up 21% to $34.8M
• Annual Recurring Revenue up 20% to $64.0M
• EBITDA up 31% to $9.7M, Cash-EBITDA up 63% to $7.3M

Energy One Ltd has reported a strong set of financial results for the six months ended 31 December 2025. Group revenue (and other income) increased by 21% to $34.8 million, while Annual Recurring Revenue grew by 20% to $64.0 million. EBITDA rose by 31% to $9.7 million, and Cash-EBITDA was up 63% to $7.3 million. The company also achieved a significant milestone by obtaining ISO 27001 certification for its information security and cybersecurity practices, which is expected to be a differentiator against competitors. Energy One's net revenue retention rate increased to 111%, driven by upsells to existing customers, though some attrition was seen due to market exits. The company's one-stop-shop strategy continues to pay off, with the signing of significant new customers utilising multiple elements of its energy solutions suite, including its BESS, forecasting, and trading operations services. The transition to a new CEO, Ben Tranier, is expected to be smooth, with Tranier already delivering strong results in Europe. Looking ahead, Energy One remains committed to supporting customers through the energy transition, with a strong pipeline and continued investment in AI and automation to enhance its competitive advantages.

While not providing specific guidance, the second half of FY26 is expected to be good (if not stronger) than the first half. The company's desired trajectory is to deliver 15%-20% of recurring revenue growth on an ongoing basis, whilst also growing margins.

Energy One is operating in the exciting green power revolution and is proudly playing its part in facilitating this transition. The company believes it has the building blocks in place to enable its growth ambitions, with a focus on organic growth and investigating good acquisition opportunities as they arise.