Energy Action Limited · ASX:EAX
Energy Action — H1 FY2024 Earnings Presentation
11 slides from Energy Action's earnings presentation, Feb 28, 2024
Slide 1: Energy Action H1 FY 2024 Half Year Results Presentation
For personal use only Energy Action H1 FY 2024 Half Year Results Presentation 28 February 2024
Slide 2: Agenda
2 For personal use only H1 FY24 Results Agenda ► Strategy and business overview ► Group financial results Energy Action | H1 FY24 Results
Slide 3: Turnaround Success. Our strategy hasn't changed.
3 Turnaround Success. Our strategy hasn’t changed. For personal use only Our strategy. Energy Action provides energy and emissions Our technology. Utilibox delivers Energy Action's services procurement and management services to Australian online. Transforming our business model to a modern scalable
Slide 4: Sustained growth. Leveraging technology and energy experience
4 Sustained growth. Leveraging technology and energy experience H1 FY24 delivered FY24 and beyond strategy For personal use only Balance sheet • Revenue not invoiced has increased by $1m which adds to • Focus on profitable growth and positive cashflow to pay down collections in future years debt. •
Slide 5: H1 FY24 Financial highlights
5 H1 FY24 Financial highlights 1 REVENUE OPERATING NPAT OPERATING EBITDA OPERATING CASHFLOW $5.7m $0.43m $1m $0.73m For personal use only H1 FY23 $6.01m H1 FY23 ($0.27m) H1 FY23 $0.28m H1 FY23 $0.145m 5% DECREASE 258% IMPROVEMENT 405% IMPROVEMENT STATUTORY NPAT NET CASHFLOW NET DEBT DEBT WITH CBA $0
Slide 6: Agenda
6 For personal use only H1 FY24 Results Agenda ► Strategy and business overview ► Group financial results Energy Action | H1 FY24 Results
Slide 7: Income statement H1 FY24
7 H1 FY24 H1 FY23 % Variance Income statement H1 FY24 Revenue 5,708,401 6,016,067 -5% COGS 213,089 303,806 30% Gross Margin 5,495,312 5,712,261 -4% OPEX - excl D&A For personal use only 4,496,166 5,433,094 17% EBITDA Revenue of $5.7m 999,146 279,164 258% Depreciation and Amortisation 186,201
Slide 8: Balance Sheet H1 FY24
8 Balance Sheet H1 FY24 Values are $’000 DEC 23 JUN 23 Variance % Total Assets $10.6m For personal use only Cash and Cash Equivalents 1,066 1,397 -24% Other Assets and Non Current Assets increased by $1.2m Trade and Other receivables 1,271 1,221 4% predominantly from Revenue Not Invoiced and Work in
Slide 9: Cashflow H1 FY24
9 Cashflow H1 FY24 For personal use only Cash from Operating Activities Cashflow from operating activities improved driven by disciplined expense management H1 FY24 H1 FY23 Variance % Cash used in Investing Activities Net Cash provided by/(used in) Operating Activities 732,632 144,982 405% Current y
Slide 10: Disclaimer
10 Disclaimer For personal use only This presentation has been prepared by Energy Action LimitedABN 90 137 363 636. This presentation is not intended as an offer or solicitation with respect to the purchase or sale of any security nor does it constitute an offer or solicitation in any jurisdiction i
Slide 11: Find out more about how we can support your business' energy buying and management
For personal use only Find out more about how we can support your business’ energy buying and management Visit energyaction.com.au or email us at info@energaction.com.au Communications by Energy Action Limited and its related bodies corporate (Energy Action) are subject to the terms of Energy Action