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An announcement from eEnergy Group ( (GB:EAAS) ) is now available.
eEnergy Group plc reported a record revenue increase of 71% to £25.1 million for the year ending December 2024, transitioning into profitability with an Adjusted EBITDA of £0.6 million. The company reduced its net debt significantly and expanded its client base into the healthcare sector with a £5.2 million solar installation contract. The disposal of its Energy Management division allowed eEnergy to repay most of its debt, and it has strengthened its operational capabilities through technological investments and partnerships. The company is poised for cash-generative growth in 2025, supported by a strong order book and government-backed Net Zero initiatives.
The most recent analyst rating on (GB:EAAS) stock is a Buy with a £12.00 price target. To see the full list of analyst forecasts on eEnergy Group stock, see the GB:EAAS Stock Forecast page.
More about eEnergy Group
eEnergy Group plc is a digital energy services provider focused on achieving Net Zero for B2B and public sector organizations. The company specializes in eliminating barriers to clean energy generation and energy waste reduction, offering solutions that do not require upfront capital investment from customers.
Average Trading Volume: 1,032,955
Technical Sentiment Signal: Sell
Current Market Cap: £18.39M
Find detailed analytics on EAAS stock on TipRanks’ Stock Analysis page.