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Enechange Ltd. ( (JP:4169) ) has shared an update.
ENECHANGE Ltd. reported a significant increase in adjusted EBITDA for FY25 Q1, driven by the completion of major projects in SaaS & System Development and effective cost control. The company anticipates seasonal variations in electricity usage and remains committed to achieving its revised financial outlook. The rise in corporate clients using energy switching services is attributed to diverse options and tools like ‘ENECHANGE My Energy,’ alongside increased electricity usage and prices. The company has also launched electricity procurement support services, including non-fossil certificate matching and power brokerage, contributing to its revenue growth.
More about Enechange Ltd.
ENECHANGE Ltd. operates in the energy sector, focusing on providing energy switching services and SaaS & System Development. The company offers tools like ‘ENECHANGE My Energy’ to help corporate clients manage and switch their energy usage efficiently, and it is involved in projects related to EV and renewable energy.
Average Trading Volume: 514,374
Technical Sentiment Signal: Hold
Current Market Cap: Yen16.88B
Find detailed analytics on 4169 stock on TipRanks’ Stock Analysis page.