FY26 Preliminary Unaudited Results
| Stock | Energy Action Ltd (EAX.ASX) |
|---|---|
| Release Time | 24 Jul 2026, 4:34 p.m. |
| Price Sensitive | Yes |
Energy Action Ltd FY26 Preliminary Unaudited Results
- FY26 profit after income tax expected at $0.45 million, down from $2.02 million in FY25
- FY26 revenue anticipated at $12.2 million, up 6.4% from FY25
- FY25 included a deferred revenue release of $0.7 million not repeating in FY26
- Company remains compliant with banking covenants
- Unaudited results pending completion of FY26 audit
Energy Action Limited (ASX: EAX) has released its preliminary unaudited results for the financial year ended 30 June 2026 (FY26). The company expects a profit after income tax expense of $0.45 million, down from $2.02 million in FY25. Revenue for FY26 is anticipated at $12.2 million, a 6.4% increase from FY25's $12.17 million. The FY25 revenue included a deferred revenue release of $0.7 million which does not repeat in FY26. The reduction in profit is attributed to a decrease in Research and Development Tax Incentive, higher depreciation and amortisation expenses, increased income tax expense, and higher operating expenditure. Contracted revenue not yet recognised and contract assets have increased, indicating future revenue potential. The company remains in compliance with all banking covenants.
FY26 profit after income tax expected at $0.45 million, FY26 revenue at $12.2 million
The company continues to invest in its proprietary software platform, Utilibox, and anticipates future revenue from contracted services.