Energy World Corporation Ltd (EWC) AI Stock Analysis

• Market Cap: AU$144.45M
• Dividend Yield: N/A
• Average Volume (3M): 785.24K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.99
• Revenue Growth: -67.88%
• EPS Growth: -19190.91%
• Country: US
• Employees: 239
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): N/A
• Shares Outstanding: 3,851,900,000
• 10 Day Avg. Volume: 1,250,689
• 30 Day Avg. Volume: 785,242
• 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: 42 Neutral
• Price Target: AU$0.04 ▼(-40.00% Downside)

The score is held down primarily by weak financial quality (negative operating/free cash flow and high leverage) and bearish technicals (below key moving averages with negative MACD). Reported revenue growth and improved earnings help, but appear less sustainable given cash flow issues and earnings quality concerns; valuation inputs are limited by a negative P/E and no dividend data.

Positive Factors

Reported revenue growth

Sustained double‑digit revenue expansion indicates the company is scaling sales and capturing demand in its markets. Over 2–6 months this supports higher operating leverage potential and room to convert topline growth into durable profit improvements if cash conversion and margins stabilize.

High return on equity

A very high ROE signals the company generated outsized returns on shareholder capital this period. If management can replicate profitable projects and improve earnings quality, strong ROE can support reinvestment capacity and attract funding for long‑term growth in capital‑intensive energy projects.

Strategic LNG/gas positioning

Focus on LNG and related infrastructure places the company in a structurally relevant segment of global energy supply. Over months, this positioning supports sustained demand opportunities from international gas markets and infrastructure needs, providing a durable addressable market for growth.

Negative Factors

High leverage

A debt/equity ratio near 1.6 indicates elevated financial leverage that raises refinancing and interest coverage risk. Over the medium term this limits flexibility for capital allocation, increases vulnerability to rate or revenue shocks, and can constrain investment in projects that drive durable growth.

Negative operating and free cash flow

Ongoing negative operating and free cash flows undermine the firm's ability to fund operations, capex, and debt service from internal resources. Persisting cash deficits force reliance on external financing, raising long‑term sustainability questions and diluting resilience to sector downturns.

Earnings driven by one-time gain

Profitability that depends on a one‑time gain indicates weak underlying operating performance. This reduces earnings quality and raises risk margins will revert; over months it complicates forecasting, weakens ability to finance growth internally, and signals volatile long‑term profitability.

Energy World Corporation Ltd Business Overview & Revenue Model

Company Description

Energy World Corporation Ltd (EWC) is an Australian-based energy company engaged in the development, construction, and operation of energy projects, primarily focusing on power generation and natural gas. EWC operates in various sectors, including renewable energy and conventional energy, with a commitment to providing sustainable and reliable energy solutions. The company's core products and services include electricity generation, natural gas supply, and infrastructure development for energy projects, catering to both domestic and international markets.

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

Mixed fundamentals: strong reported revenue growth and a sharp jump in net income/ROE, but profitability appears influenced by a one-time gain, leverage is high (debt-to-equity 1.58), and operating/free cash flow are negative, raising sustainability concerns.

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EWC, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.71 is Neutral, neither overbought nor oversold. The STOCH value of 3.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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%	13.04%	10.44%	-55.67%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
CCE	49 Neutral	AU$29.36M	-11.25	-11.34%	―	-8.52%	13.51%
HYT	44 Neutral	AU$33.35M	-9.09	-13.99%	―	―	―
EWC	42 Neutral	AU$144.45M	-0.17	―	―	-67.88%	-19190.91%
DEL	42 Neutral	AU$24.23M	-2.70	-129.44%	―	-29.97%	-284.16%
JNS	34 Underperform	AU$12.87M	-0.74	-84.32%	―	―	91.54%

Energy World Corporation Ltd Corporate Events

Energy World Corporation Director Increases Stake

Energy World Corporation Ltd announced a change in the interest of one of its directors, John Gordon Phipps, who acquired an additional 1,000,000 securities through an on-market trade, increasing his total holdings to 177,943,462 shares. This acquisition, valued at $58,000, reflects a strategic move that could impact the company’s market positioning and stakeholder interests by potentially enhancing investor confidence and indicating a positive outlook for the company’s future performance.

The most recent analyst rating on (AU:EWC) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Energy World Corporation Ltd stock, see the AU:EWC Stock Forecast page.

Energy World Corporation Issues New Shares to Investor

Energy World Corporation Ltd has issued 772,978,599 fully paid ordinary shares to a sophisticated investor, correcting a previous notice that misstated the number of shares. This issuance was conducted without disclosure under specific provisions of the Corporations Act, and the company confirms compliance with relevant legal requirements. The announcement signifies a strategic move to potentially enhance the company’s capital structure and market positioning.

Energy World Corporation Issues New Shares to Investor

Energy World Corporation Ltd has issued 772,762,601 fully paid ordinary shares to a sophisticated investor, as per the announcement made under section 708A(5)(e) of the Corporations Act 2001. This move indicates the company’s strategic efforts to raise capital without the need for disclosure to investors, potentially impacting its financial positioning and market operations.

Energy World Corporation Ltd Announces Quotation of New Securities

Energy World Corporation Ltd has announced the quotation of 772,762,601 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of November 24, 2025. This move is part of a previously announced transaction, which could potentially enhance the company’s liquidity and market presence, impacting its stakeholders by possibly increasing the company’s capital and investor base.

Energy World Corporation Secures Shareholder Approval for All AGM Resolutions

Energy World Corporation Ltd announced that all resolutions proposed at its Annual General Meeting were passed by the required majority. This outcome reflects strong shareholder support and may positively impact the company’s governance and strategic direction, reinforcing its position in the energy sector.

Energy World Corporation Ltd Prepares for Shareholder Meeting with Strategic Debt Conversion Proposal

Energy World Corporation Ltd has prepared a presentation for its annual general meeting of shareholders scheduled for November 17, 2025. The presentation outlines the company’s current activities and the proposed conversion of debts into equity shares, which could have significant implications for its financial structure and shareholder value. The presentation is intended for informational purposes and does not constitute an offer or invitation to acquire securities.

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.