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EPX ( (AU:EPX) ) just unveiled an announcement.
EPX Limited has closed its Security Purchase Plan, raising $294,501 from 23 valid shareholder applications at $0.25 per share, resulting in the issue of 1,178,004 new shares to be allotted and quoted on the ASX on 23 January 2026. The funds, alongside proceeds from a prior institutional placement, will help settle the recently completed acquisition of Wattwatchers, support further M&A, fund investment in EPX’s technology roadmap and provide working capital, with management highlighting that Wattwatchers has roughly doubled the revenue of EPX’s Australian business and expanded its global reach into industrial market verticals, reinforcing the company’s growth ambitions in data-driven building and energy optimisation.
The most recent analyst rating on (AU:EPX) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on EPX stock, see the AU:EPX Stock Forecast page.
More about EPX
EPX is a building performance platform provider offering a data-as-a-service solution focused on cost and energy efficiency in commercial real estate and the broader built environment. Through its proprietary EDGE cloud technology, the company connects to building management systems, metering and operational data across more than 700 buildings in over 25 countries, using algorithmic analysis and machine learning to cut energy consumption, greenhouse gas emissions and operating costs, typically delivering an average 21% reduction in energy use for clients.
Average Trading Volume: 238,077
Technical Sentiment Signal: Sell
Current Market Cap: A$21.72M
For a thorough assessment of EPX stock, go to TipRanks’ Stock Analysis page.