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Energy Action Limited ( (AU:EAX) ) has shared an announcement.
Energy Action Limited reported a sharp improvement in operating performance for the March quarter, delivering positive operating cash flow of $0.41 million and repaying $0.5 million in borrowings. Revenue rose 22.7% year on year for the quarter and 21.0% year to date, driven by stronger customer receipts, tight cost control and an R&D tax incentive, signalling a key milestone in its push toward sustainable cash generation.
The company ended the period with $0.56 million in cash and said rising demand for its services and improved conversion of sales are underpinning its financial momentum. Governance remained in focus, with the resignation of a non-executive director, notice of resignation from the non-executive chair, changes to the company secretary role and a shareholder-requested general meeting set for 20 May 2026, developments that may shape future board and strategic direction.
More about Energy Action Limited
Energy Action Limited is an Australian energy services firm that helps organisations manage energy procurement and consumption, with a particular focus on advisory and market-facing solutions. Listed on the ASX under the code EAX, the company generates revenue by facilitating energy deals and providing related services to a growing client base seeking efficiency and cost savings in their energy usage.
Average Trading Volume: 5,386
Technical Sentiment Signal: Hold
Current Market Cap: A$17.31M
Find detailed analytics on EAX stock on TipRanks’ Stock Analysis page.