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Energy Action Limited (ASX:EAX)

ALERT: Price-sensitive ASX Announcement for EAX
Current share price for EAX : $0.435 -0.045 (-9.38%)+
Announcement
Release
17 Feb 2026 4:32PM
Price at Release
$0.480
Full Release
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Summary
Energy Action Limited's half-yearly financial report for the period ending 31 December 2025 shows a revenue increase of 20.1% compared to the previous year, reaching $6.39 million. However, the net profit after tax decreased by 35.7% to $0.59 million, primarily due to increased expenses such as employee benefits and depreciation. The company operated with three core revenue streams: energy procurement, energy management, and solar and battery services, supported by their proprietary platform, Utilibox. The report also highlights a significant rise in contract assets and net debt, alongside a notable decrease in cash flow from operating activities. The directors' report and auditor's independence declaration are included, confirming no contraventions of the Corporations Act 2001.
Key Points
  • Revenue increased by 20.1% to $6.39 million
  • Net profit after tax decreased by 35.7% to $0.59 million
  • Increased expenses in employee benefits and depreciation noted
  • Core revenue streams: energy procurement, management, and solar services
  • Utilibox platform supports operations
  • Contract assets and net debt increased
  • Cash flow from operating activities decreased significantly
  • Directors' report and auditor's declaration included
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.