H1 FY2026 Results Announcement

• Annual Contract Value (ACV) up 10.4% to $18.6m
• Annual Recurring Revenue (ARR) up 19.3% to $16.7m
• Successful acquisition of Wattwatchers, targeting $2-3m in ARR

EPX Limited (ASX: EPX) has released its results for the six-month period ended 31 December 2025. Key highlights include: Annual Contract Value (ACV) up 10.4% to $18.6m, Annual Recurring Revenue (ARR) up 19.3% to $16.7m, and recurring revenue representing 97% of total revenue. The company reported an underlying EBITDA loss of $0.4m as it continued to transform and invest for growth, both organic and through M&A. Cash outflow from operations was $1.1m, mainly due to $0.7m in delayed timing of debtor cash receipts. EPX successfully acquired Wattwatchers, an Australian company providing real-time energy data and monitoring solutions, targeting $2-3m in additional ARR. The company continues to showcase the capability of its EDGE platform and is targeting portfolio-wide owners focused on reducing CO2e and improving asset value.

EPX expects the conversion of new contracted ARR (up 19%) into statutory recurring revenue customer billing (up 10%) to contribute to the second half of the financial year.

Looking forward, EPX will pursue growth but with a focus on achieving EBITDA positivity as soon as possible. The company sees opportunities to continue reducing the time to cash through operating efficiency gains from the Wattwatchers acquisition.