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Energy Action Limited ( (AU:EAX) ) has shared an update.
Energy Action Limited reported a revenue increase of 17% to $2.89 million for Q1 FY26, driven by strong sales execution and ongoing customer engagement. The company continues to invest in technology, particularly its AI-enhanced Utilibox platform, to support its expansion into emissions management. Despite a net operating cash outflow of $0.26 million, Energy Action maintains disciplined capital management, utilizing a CBA revolver facility to support growth while reducing interest costs. The company closed the quarter with a cash balance of $0.33 million, benefiting from greater flexibility in managing working capital following the removal of a minimum-cash covenant by CBA.
The most recent analyst rating on (AU:EAX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Energy Action Limited stock, see the AU:EAX Stock Forecast page.
More about Energy Action Limited
Energy Action Limited is a company operating in the energy sector, focusing on providing energy management services and zero carbon solutions. The company invests in technology to enhance its data and emissions capabilities, with a market focus on emissions management and energy procurement services.
Average Trading Volume: 15,799
Technical Sentiment Signal: Buy
Current Market Cap: A$20.16M
See more insights into EAX stock on TipRanks’ Stock Analysis page.