Energy One Limited (ASX: EOL) reported a successful fiscal year 2026, showcasing significant growth in revenue and financial metrics. The company achieved a 14% increase in revenue, reaching $69.9 million, and a 17% rise in recurring revenue. The Annual Recurring Revenue (ARR) improved by 13% on a constant currency basis. The company also recorded a 42% increase in Underlying Cash EBITDA, with a margin expansion to 21%. Their Net Profit After Tax (NPAT) and Earnings Per Share (EPS) grew substantially, underscoring a strong financial position with a net cash balance. Energy One's one-stop-shop strategy was validated through substantial customer acquisition and retention, setting a positive outlook for FY27 with a target of 15% recurring revenue growth and a 30% Cash EBITDA margin by year's end.
Key Points
Energy One Limited (ASX: EOL) announced strong FY26 financial results.
Revenue grew by 14% to $69.9 million compared to FY25.
Recurring revenue increased by 17% to $63.5 million.
Annual Recurring Revenue (ARR) rose by 13% on a constant currency basis.
Underlying Cash EBITDA increased by 42% to $14.9 million.
Underlying Cash EBITDA margin expanded by 4 percentage points to 21%.
Underlying NPAT rose by 56% to $9.2 million.
Underlying EPS increased by 55% to 29.2 cents per share.
The company ended FY26 with a net cash position and a strengthened balance sheet.
Energy One's strategy focuses on a one-stop-shop approach, gaining major multi-product customer wins.
The company plans to achieve at least 15% recurring revenue growth in FY27.
Energy One aims for a Cash EBITDA margin run-rate target of approximately 30% by end of FY27.
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.