Energy One (EOL) H2 2025 earnings summary

Executive summary

• Achieved strong revenue and profitability growth, with revenue up 17% year-over-year and ARR up 22%, supported by organic expansion, FX tailwinds, and significant product investment.

• Customer base expanded to 360+ across 30+ countries, with 42 new installations and improved global service capabilities.

• Workforce grew to 200+ employees, with 14 net new hires, professional development initiatives, and increased eNPS.

• Maintained significant investment in technology, product development, and cybersecurity, with over half of expenditures directed to product/customer-facing roles.

• Enhanced operational resilience through technology group structure and 24/7 trading operations.

Financial highlights

• Revenue reached $61.4m, up 17% year-over-year; ARR at $60.4m; EBITDA rose 57% to $10.5m; NPAT increased 74% to $5.9m.

• Statutory EPS grew to 18.82 cents, up 284% from prior year.

• Free cash flow and cash EBIT improved, with margins rising from 14% to 18% sequentially; gross margin held at 64%.

• Net debt reduced from $14.2m to $6.7m, with $7.5m repaid in 12 months and expectations to reach net debt zero within 12 months.

• Dividend of 7.5 cents per share declared, fully franked, with ongoing dividend payments supported by profitability.

Outlook and guidance

• Entering FY26 with a strong order book and pipeline, implying ~9% revenue growth already secured.

• Targeting 15%-20% revenue growth and continued margin expansion, underpinned by a strong ARR pipeline up 18%.

• Strategic focus on recurring revenue growth, disciplined M&A, and technology innovation, with ongoing investment in cybersecurity and ISO certification expected in 2025.

• No formal guidance provided, but trajectory reaffirmed for growth and margin improvement.

• Exploring U.S. market entry via acquisition or customer-led entry.