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An announcement from Energy Action Limited ( (AU:EAX) ) is now available.
Energy Action Limited reported positive operating cash flow for the quarter ending 31 December 2024, highlighting a net inflow of $1.08 million and a cash balance increase of 58% compared to the prior quarter. The company is concentrating on growth through strategic investments in technology and service capabilities, aiming to enhance revenue and customer base expansion. The receipt of the R&D Tax Incentive rebate and early repayment of a loan from the Commonwealth Bank of Australia were notable financial activities during the quarter.
More about Energy Action Limited
Energy Action Limited is a company operating in the energy services industry, offering services such as energy procurement and energy contract management, carbon emissions reporting and carbon trading, and Solar PV procurement to Australian business customers. The company is focused on leveraging its AI-driven energy and emissions management platform, Utilibox, to provide innovative solutions and maintain a competitive position in the market.
YTD Price Performance: 1.79%
Average Trading Volume: 16,524
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$11.11M
For detailed information about EAX stock, go to TipRanks’ Stock Analysis page.
