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Energy Action Limited (ASX:EAX)

ALERT: Price-sensitive ASX Announcement for EAX
Current share price for EAX : $0.415 -0.07 (-14.43%)+
Announcement
Release
29 Jan 2026 8:51AM
Price at Release
$0.485
Full Release
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Summary
Energy Action Limited reported positive cash flows from operating activities of $0.18 million for the quarter ending 31 December 2025, despite having lower cash flows compared to the previous period due to the absence of R&D grant rebates. The company focused on enhancing its AI Utilibox platform, with investment activities amounting to $0.18 million. Financing activities included drawing $0.6 million from a Commonwealth Bank loan facility, with no repayments made during the quarter. Cash at the end of the period was $0.9 million. Governance updates included the appointment of Caroline Wykamp as Non-Executive Chair and Jason Conroy as Non-Executive Director. The company's financial facilities and loan details were also outlined, showing unused financing facilities of $542,000.
Key Points
  • Positive cash flows from operating activities of $0.18 million.
  • Absence of R&D grant rebates affected cash flows.
  • Invested $0.18 million in AI Utilibox platform enhancement.
  • Financed $0.6 million from Commonwealth Bank facility.
  • Ended the quarter with $0.9 million in cash.
  • Governance changes with new Non-Executive Chair and Director appointments.
  • Unused financing facilities of $542,000 available.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.