Energy World Corporation Ltd (EWC) AI Stock Analysis

• Market Cap: AU$187.81M
• Dividend Yield: N/A
• Average Volume (3M): 435.74K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.81
• Revenue Growth: -67.88%
• EPS Growth: -19190.91%
• Country: AU
• Employees: 239
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): N/A
• Shares Outstanding: 3,078,921,100
• 10 Day Avg. Volume: 404,939
• 30 Day Avg. Volume: 435,741
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 3.36
• P/FCF Ratio: -1.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall stock score of 51 reflects a mixed outlook for Energy World Corporation Ltd. The most significant factor is the company's financial performance, which shows strong revenue growth but is offset by high leverage and cash flow challenges. Technical analysis provides a more positive view with bullish indicators, while valuation concerns due to a negative P/E ratio and lack of dividend yield weigh down the score.

Energy World Corporation Ltd Business Overview & Revenue Model

Company Description

Energy World Corporation Ltd, an independent energy company, produces and sells power and natural gas primarily in the Asia Pacific region. The company owns and operates a 315 MW combined cycle gas fired power plant in Sengkang, Indonesia, as well as a 650 MW combined cycle gas fired power plant in the Philippines. It also has gas interests in the Sengkang contract area in south Sulawesi, Indonesia; the Eromanga and Gilmore gas fields in Australia; develops liquefied natural gas projects; and develops and owns LNG Hub Terminals. The company was formerly known as Conversion Technology and changed its name to Energy World Corporation Ltd in 2001. Energy World Corporation Ltd was incorporated in 1985 and is based in Seaforth, Australia.

How the Company Makes Money

EWC generates revenue through multiple streams, primarily by selling electricity generated from its power plants to both commercial and residential customers. The company also earns income from the sale of natural gas, leveraging its infrastructure for gas production and distribution. Significant partnerships with government entities and private sector companies help EWC secure contracts for energy supply, which contribute to its earnings. Additionally, EWC may benefit from long-term power purchase agreements (PPAs) that ensure a steady income flow, as well as potential investments in renewable energy projects that align with global sustainability trends.

Energy World Corporation Ltd Financial Statement Overview

Summary

Energy World Corporation Ltd exhibits a mixed financial performance. While revenue growth and net income have improved significantly, the underlying operational and cash flow challenges persist. High leverage and volatile margins suggest potential financial instability. The company needs to focus on improving operational efficiency and cash flow management to ensure sustainable growth.

Income Statement

Energy World Corporation Ltd shows a mixed performance in its income statement. The company has achieved a significant revenue growth rate of 60.13% in the latest year, which is a positive indicator. However, the net profit margin of 27.88% is primarily due to a one-time gain, as previous years showed negative margins. The EBIT and EBITDA margins have improved but remain volatile, indicating potential operational inefficiencies.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 1.58, suggesting significant leverage, which could pose financial risks. However, the return on equity is strong at 124.17%, driven by the recent net income surge. The equity ratio is not explicitly provided, but the company's high leverage remains a concern.

Cash Flow

The cash flow statement reveals challenges, with negative operating and free cash flows in the latest year, despite a free cash flow growth rate of 61.10%. The operating cash flow to net income ratio is negative, indicating cash flow issues relative to reported earnings. The free cash flow to net income ratio is positive at 1.16, but the overall cash flow position remains weak.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.41M	12.41M	24.77M	34.95M	145.96M	149.37M
Gross Profit	12.41M	12.41M	21.96M	22.05M	81.33M	44.15M
EBITDA	7.92M	7.92M	-741.85M	2.15M	71.09M	77.22M
Net Income	346.10M	346.10M	-801.52M	-50.51M	8.91M	525.00K
Balance Sheet
Total Assets	777.96M	777.96M	838.26M	1.66B	1.71B	1.72B
Cash, Cash Equivalents and Short-Term Investments	18.23M	18.23M	6.57M	69.42M	59.02M	77.37M
Total Debt	439.87M	439.87M	788.51M	579.85M	590.79M	631.18M
Total Liabilities	480.12M	480.12M	886.34M	908.10M	923.35M	928.43M
Stockholders Equity	278.72M	278.72M	-67.24M	733.74M	771.92M	776.09M
Cash Flow
Free Cash Flow	-34.73M	-34.73M	6.19M	-11.99M	34.39M	5.26M
Operating Cash Flow	-30.02M	-30.02M	6.40M	-4.87M	48.00M	19.99M
Investing Cash Flow	30.86M	30.86M	13.93M	-1.64M	-26.52M	-38.35M
Financing Cash Flow	11.05M	11.05M	-14.31M	-6.54M	-45.21M	8.66M

Energy World Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EWC, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.39 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EWC.

Energy World Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUE	68 Neutral	AU$80.47M	12.78	10.27%	13.64%	10.44%	-55.67%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
EWC	51 Neutral	AU$187.81M	―	―	―	-67.88%	-19190.91%
CCE	46 Neutral	AU$30.17M	―	-11.34%	―	-8.52%	13.51%
DEL	44 Neutral	AU$31.94M	-3.56	-129.44%	―	-29.97%	-284.16%
JNS	34 Underperform	AU$19.89M	―	-84.32%	―	―	91.54%

Energy World Corporation Ltd Corporate Events

Energy World Corporation Ltd Announces Proposed Securities Issue

Energy World Corporation Ltd has announced a proposed issue of securities, including options and ordinary shares, with a total of 19,463,901 securities to be issued by April 2026. This move is part of the company’s strategy to enhance its financial position and support future growth initiatives, potentially impacting its market positioning and offering opportunities for stakeholders.

Energy World Corporation Appoints New CFO to Drive Key Projects

Energy World Corporation Ltd has appointed Joseph Meyer as the new Chief Financial Officer, effective November 1, 2025. With extensive experience in financial leadership roles across Asia and Australia, Meyer is expected to play a crucial role in advancing the company’s projects, including the completion of the Pagbilao Power Station and LNG Hub, and the South Sulawesi LNG Liquefaction Project. This strategic appointment aims to strengthen EWC’s position in the energy market and support its ongoing efforts in the clean energy transition.

Energy World Corporation Ltd Focuses on Core Projects and Asset Sales

Energy World Corporation Ltd’s quarterly activities statement highlights its focus on core projects in the Philippines and Indonesia, alongside efforts to sell non-core assets in Australia. The company is engaged in capital raising and debt-to-equity conversion, with substantial due diligence processes underway. Despite no significant revenue-generating activities this quarter, the company realized net proceeds from Australian property sales.

Energy World Corporation Schedules 2025 AGM with Key Shareholder Resolutions

Energy World Corporation Limited has announced its Annual General Meeting (AGM) scheduled for November 17, 2025, to be held both online and at RSM Australia in Sydney. The meeting will address important shareholder matters, including a resolution concerning the issuance of shares to EWI and its associates, which has been deemed fair and reasonable by an independent expert. Shareholders are encouraged to participate and vote, either in person or through an online platform, as their votes will impact the company’s future decisions.

Energy World Corporation Ltd Releases 2025 Corporate Governance Statement

Energy World Corporation Ltd has released its Corporate Governance Statement for the financial year ending June 30, 2025, highlighting its adherence to the ASX Corporate Governance Principles. The company has implemented a Board Charter to delineate roles and responsibilities, ensuring effective governance. With a recent leadership change, Edward McCartin has been appointed as CEO starting July 1, 2025. The company emphasizes diversity and has established a Diversity Policy to enhance performance by ensuring a mix of skills and talent.

Energy World Corporation Ltd Announces Financial Adjustments Post-Audit

Energy World Corporation Ltd announced adjustments to its financial statements for the year ending June 30, 2025, following a final audit. The company reclassified a loan as equity, reducing its liabilities and increasing its capital, which reflects positively on its financial stability. Additionally, director fees payable were reclassified from non-current to current liabilities, impacting the company’s short-term financial obligations. These changes could influence investor perception and the company’s market positioning by showcasing improved financial health.

Energy World Corporation Ltd Releases Preliminary Financial Report for FY 2025

Energy World Corporation Ltd has released its preliminary financial report for the fiscal year ending June 30, 2025. The report includes key financial statements such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial performance and operational standing over the past year, which could influence future strategic decisions and market positioning.