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Energy Action Limited (ASX:EAX)

ALERT: Price-sensitive ASX Announcement for EAX
Current share price for EAX : $0.370 0.02 (5.71%)+
Announcement
Release
31 Jul 2026 5:06PM
Price at Release
$0.350
Full Release
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Summary
Energy Action Limited reported a positive cash flow from operations for the quarter ending 30 June 2026, with a net cash flow of $0.95 million, an increase from the previous year. The company also noted growth in customer receipts, which rose by 17.4%, and a reduction in borrowings by $0.79 million. The liquidity position was strengthened, with $1.88 million available including cash and unused facilities. The Contracted Cash Pipeline increased to $22.0 million, indicating strong future revenue potential. Overall, the company's financials show improvement in cash flow metrics with strategic investments for growth and efficiency. Governance changes included director appointments and Performance Rights issuance under the Long-Term Incentive Plan.
Key Points
  • Net cash flow from operating activities for the quarter was $0.95 million.
  • Receipts from customers increased to $3.67 million, a rise of 17.4% from the previous corresponding period.
  • Borrowings were reduced by $0.79 million due to repayments.
  • Liquidity at the end of the quarter was $1.88 million, inclusive of cash and unused cash financing facilities.
  • The Contracted Cash Pipeline grew to $22.0 million as of 30 June 2026.
  • Full-year cash receipts from customers totaled $12.74 million, marking a 6% increase from the previous year.
  • The Underlying Cash from Operations improved to $1.26 million for FY26.
  • Related-party payments for the quarter amounted to $0.18 million, which included directors' remuneration and executive salaries.
  • Several changes in governance were noted, including the resignation of a Non-Executive Director and the appointment of a new one.
  • 710,000 Performance Rights were issued under a Long-Term Incentive Plan.
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.