Energy One
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Energy One (EOL) investor relations material

Energy One H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary24 Feb, 2026

Executive summary

  • Revenue grew 21% year-over-year to $34.8M, with recurring revenue at a record 91% of total revenue and strong organic growth in both Europe and Australia.

  • Net Profit After Tax rose 56% to $4.5M, and EBITDA increased 63% to $7.3M, both adjusted for one-off costs.

  • Achieved ISO/IEC 27000 (ISO 27001) certification, enhancing credibility and competitive differentiation.

  • Smooth CEO transition, maintaining strategic continuity and focus on disciplined M&A.

  • AI adoption drove productivity gains of over 50%, with 1.6 million lines of code generated and new product launches accelerating growth.

Financial highlights

  • Annual Recurring Revenue (ARR) reached $64.0M, up 20% year-over-year (FX adjusted 17.4%), in line with guidance.

  • Gross margin improved to 66%, supported by upselling, bundling, and margin expansion strategies.

  • Cash EBITDA margin reached 21%, up from 15% in H1 FY25, with cash EBITDA at $7.3M.

  • Free cash flow momentum enabled a $2.4M fully franked dividend, representing 40% of NPAT.

  • Net debt reduced to $5.8M, with leverage down to 0.4x EBITDA.

Outlook and guidance

  • ARR pipeline up 24% year-over-year, with recurring revenue growth target of 15–20% and margin expansion prioritized.

  • Cash EBITDA margin targeted to reach ~30% by late 2027; net cash position anticipated around Q1 2027.

  • Attrition expected to trend down to 2.5–4.0% for FY26; gross margin guidance 64–66%.

  • Continued investment in AI, automation, and new product development to support growth.

  • Expansion into new geographies in Southern and Eastern Europe and potential APAC markets.

AI's impact on market differentiation
NRR drivers and market exit impact
Debt reduction and M&A capital allocation
Quantify AI factory's customer value
Strategy for new VTP/DERMS market entrants
Impact of software valuation on M&A pipeline
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H2 202619 Aug, 2026
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Frequently asked questions

Energy One Limited offers energy trading, settlement automation, and localization products for energy markets in the Asia-Pacific region, including Australia, New Zealand, Japan, South Korea, China, and India. It also provides electricity market analysis tools and generation unit planning services. In addition, the company offers carbon trading products that include comprehensive auction service for the market; and Carbon Trading Hub Platform for international carbon market participants. Energy One Limited was incorporated in 1996 and is based in North Sydney, Australia.

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