• Unaudited sales revenue increased 17.5% over preceding quarter
• Awarded inaugural cable supply contract for significant infrastructure project in NSW
• Order Book of c. A$3.0m augurs well for sustainable revenue and cash receipts growth

Energy Technologies Limited (ASX: EGY) has released its Quarterly Activities Report and Appendix 4C Quarterly Cash Flow Report for the period ended December 2024 ('2Q FY2025'). During the quarter, the company reported unaudited sales revenue of A$2.61m, representing a 17.5% increase over the previous quarter. Cash receipts for the quarter were A$2.35m, a 28% reduction on the first quarter of FY2025, which was consistent with management's expectations and the transition to the revised business model. The company's order book remained consistently high at c. A$3.0m, which the board believes augurs well for a sustainable increase in both revenue and cash receipts moving forward. Operationally, the company's conviction in the revised business plan is being validated, with increased tender opportunities, higher margin sales, and the initial tender awarded to the Manufactured and Purchased Sales Divisions associated with a significant infrastructure project in NSW. The CEO, Nick Cousins, commented that the business continues to rebuild through the repositioning of its sales mix, as evidenced by the unaudited sales revenue uplift and the consistently high order book.

The company's consistently high order book of c. A$3.0m is expected to support a sustainable increase in both revenue and cash receipts going forward as the business continues to rebuild through the repositioning of its sales mix.