• Achieved positive operating cash flow of $1.08 million in Q2 FY25
• Received $0.616 million R&D Tax Incentive rebate
• Closed quarter with $1.48 million cash balance, up 58% from prior quarter

Energy Action Ltd (ASX:EAX) has released its quarterly activities report for the three months ended 31 December 2024 (Q2 FY25), highlighting positive cash flow and an increased focus on growth. The company achieved a net operating cash inflow of $1.08 million for the quarter, with a cumulative total of $1.41 million for the six months ending 31 December 2024. This was driven by strong customer receipts totaling $3.24 million and the receipt of a $0.616 million R&D Tax Incentive rebate. Energy Action closed the quarter with a cash balance of $1.48 million, reflecting a 58% increase compared to the prior quarter. During the quarter, the company made necessary investments in property, plant and equipment as well as further development of its Utilibox software platform, an AI-driven energy and emissions management solution. Financing activities resulted in a net outflow of $0.345 million, primarily due to the early repayment of a loan to the Commonwealth Bank of Australia. Energy Action's CEO, Derek Myers, commented that the quarter's operating cash flow demonstrates the strength of the company's business model, and that it remains focused on efficient growth investments, leveraging technology and energy expertise to increase revenue.