Energy Action Limited Reports Notable FY24 Profit Growth
Company Announcements

Energy Action Limited Reports Notable FY24 Profit Growth

Energy Action Limited (AU:EAX) has released an update.

Energy Action Limited (ASX: EAX) reports significant financial growth for FY24, with a 99% increase in EBITDA to $1.796 million and a profitable NPAT of $0.584 million, contrasting last year’s losses. The company’s strategic initiatives, including operational efficiencies, debt reduction, and technology investments have strengthened its financial position, despite a slight dip in revenue when excluding significant items from the previous year.

For further insights into AU:EAX stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App