Energy One Limited · ASX:EOL
Energy One — Investor Presentation (August 2025)
39 slides from Energy One's investor presentation, Aug 20, 2025
Slide 1: Financial Results Full Year 2025
ENERGY ONE LIMITED (ASX:EOL) FINANCIAL RESULTS Full Year 2025 for the period ended 30 June 2025
Slide 2: Important Information
IMPORTANT INFORMATION This document has been prepared by Energy One Limited (EOL) and comprises written materials and slides for a presentation concerning EOL. This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, sell or other
Slide 3: Our Vision
OUR VISION IS TO BE THE WORLD’S LEADING PROVIDER OF WHOLESALE ENERGY TRADING SOFTWARE AND SERVICES ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 3
Slide 4: With the most categories served
WITH THE MOST EMPLOYEE GROWTH STRONG LEADERSHIP CATEGORIES SERVED, WE ARE A TRUE ISO27001 FINANCIALLY SECURE ‘ONE STOP SHOP’ FOR ALL OUR CUSTOMERS' INVESTING IN INNOVATION LOCAL PRESENCE WHOLESALE ENERGY TRADING NEEDS. PRODUCT ROADMAPS KEY ENERGY CITIES LEVERAGING TECHNOLOGY 24/7 CONTROL ROOMS EMPLO
Slide 5: FY25 Highlights
FY25 Highlights FINANCIAL CUSTOMER OUR PEOPLE TECHNOLOGY • Strong growth in revenue • 360+ customers, • 200+ employees • Solutions used and profitability 449 installs across AU, UK & EU in 30+ countries • Significant product • 42 new installs • 14 net people joined worldwide. 2000+ investment last y
Slide 6: FY25 Results Overview
FY25 Results Overview ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 6
Slide 7: FY25 Financial Results
FY25 Financial Results Another strong year of growth REVENUE ARR CASH NPAT EBITDA $61.4m $60.4m $10.5m $5.9m Up 17% / $8.9m Up 22%¹ / $10.8m Up 57% / $3.8m Up 74% / $2.5m 1. FX Adjusted 16% ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 7
Slide 8: Revenue and strong pipeline & order-book
...and we start FY26 with a strong pipeline & order-book 4.0 • Sizeable deals that were expected to bill in FY25 0.9 were signed late in year (or July). Will now be Revenue ($'000) billed in FY26 • Deals are a mix of new and existing customers, 1.7 illustrating our ability to grow existing both type
Slide 9: Leveraging off consistent growth & improved business shape
...leveraging off consistent growth & improved business shape Revenue growth now significantly Improved margin and profitability Leading to improved cash exceeds cost growth driven by increased productivity earnings and debt reduction $10.5m Revenue per Resource Resources (Average) $6.7m 42% $312 39
Slide 10: Cash margins consistently expanding
Cash margins consistently expanding... Cash expenditure as % of revenue Cash-EBITDA as % of revenue 93% 18% 16% 89% 14% 87% 11% 84% H1 2024 H2 2024 H1 2025 H2 2025 H1 2024 H2 2024 H1 2025 H2 2025 We target 30% Cash-EBITDA in/around FY27 ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 10
Slide 11: ...which helped Free Cash Flow
...which helped Free Cash Flow • Business now consistently generating material free cash • $5.5M of debt repaid in last twelve months and $4.8M in last six months $ millions 6.9 • H2 also historically assisted by working capital benefit (1.5) 2.8 2.9 (1.0) 1.6 • Balance sheet structurally strong and
Slide 12: Which has significantly deleveraged the business
Which has significantly deleveraged the business 4.8 25.0 5.0 4.0 Leverage (Times Cash EBITDA) 20.0 3.0 3.0 2.1 Net Debt ($mil) 15.0 2.0 0.6 1.0 23.6 10.0 19.6 0.0 14.2 5.0 6.7 - 2022 2023 2024 2025 Net Debt Leverage ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 12
Slide 13: Increased profitability is not at the expense of new investment
Increased profitability is not at the expense of new investment Run-rate at 11% of revenue. 12% investment increase over the period 8% 18% 10% 2% 15% 5.6 5.1 4.8 47% 4.5 3.5 Customer Acquisition Business Operations Trading Product & Technology 2021 2022 2023 2024 2025 IT Security Corporate & Support
Slide 14: Australia – growing consistently
Australia – growing consistently REVENUE ARR NRR $26.4m $25.3m 109% +13% / $3.0m +13% / $3.0m 1% v PY $23.4m v PY $22.3m v PY 108% 1.5 FY25 Australia – Highlighting some achievements 0.9 1.2 0.5 • Signed several Tier 1 & 2 clients • Multiple battery customers now live 11.6 12.3 • Trading/consulting
Slide 15: Europe – from strength to strength
Europe – from strength to strength REVENUE ARR NRR $34.9m $35.1m 107% +20% / $5.8m +29% (18% CC) / $7.9m (1%) v PY $29.1m v PY $27.2m v PY 108% FY25 Europe/UK - Highlights 2.5 2.1 2.1 • New GM for Europe – Background in large SaaS/energy vendor – now ~12 months tenure 1.9 • Successful reconfiguratio
Slide 16: Strategic Priorities to Accelerate Growth
Strategic Priorities to Accelerate Growth PRODUCT AND SERVICES CUSTOMER CENTRICITY Innovate and build out local and global Support Customers to maximise their solutions. Continue to support market opportunities and minimise risk. changes and new technology CYBERSECURITY PEOPLE Continue to invest in
Slide 17: Cyber & ISO Update
Cyber & ISO Update IT infrastructure significantly strengthened and ISO on track for 2025 certification ENHANCED TEAM BUSINESS ISO INFOSEC (Put in place) OPERATIONS PROGRAM • 24/7 SOC • Full time CISO • Enhanced business • Well underway towards • Network and system • FTE Security specialists in oper
Slide 18: Australia is moving rapidly to Renewables – we can help
Australia is moving rapidly to Renewables – we can help • Renewables forecast to grow by 18%/yr to 2030. Batteries at 40%/yr • Gas-fired sources here for the foreseeable • EOL supplies mission-critical software and services for these customers ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 18
Slide 19: And our tailwind is even stronger in Europe
And our tailwind is even stronger in Europe • Renewables provide 'non-firm' generation • Increases volatility, risk and opportunity • European market is 10x the size of Australia https://www.mckinsey.com/industries/electric-power-and-natural-gas/our-insights/five-trends-reshaping-european-power-mark
Slide 20: Acquisitions help to grow our global footprint
Acquisitions help to grow our global footprint • Trading operations • Behind-the-meter and distributed trading (e.g. P2P) Interest areas • Automation of trading (incl. AI) • Defensive or bolt-on acquisitions • There are 3 deep, liquid markets (for energy) globally United States • We are active in 2
Slide 21: Summary
Summary ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 21
Slide 22: Highlights Going Forward
HIGHLIGHTS GOING FORWARD • The business has a global tailwind (energy transition) with products and services to help customers manage their risk • Energy One offers mission-critical solutions to customers – with a strong track record and proven capability • We are seeing the benefits of our work to
Slide 23: Key Metrics & Trajectory expectations
Key Metrics & Trajectory expectations Business positioned for continued revenue and profitability growth Metric FY 2023 FY 2024 FY 2025 Comments FY 2026 Expected ARR ($'mil) 42.7 49.6 60.4 Expect project wins, sales effectiveness and pricing to accelerate growth 15-20% Sales effectiveness to increas
Slide 24: Questions?
Questions? ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 24
Slide 25: Appendix 1: FY25 Financial Analysis
Appendix 1: FY25 Financial Analysis ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 25
Slide 26: Profit & Loss Statement
Profit & Loss Statement Underlying refers to one-off adjustments in FY24. FY 2025 FY 2024 Variance fav / (unfav) No adjustments in FY25. $m $m $m % Operating and Other Revenue 61.4 52.5 8.9 17% Operating Expenses (45.2) (40.6) (4.6) (11%) Underlying EBITDA 16.2 11.9 4.3 36% Depreciation & Amortisati
Slide 27: Balance Sheet & Cashflow
Balance Sheet & Cashflow 30 June 30 June Balance Sheet Variance fav / (unfav) Cash Flow FY 2025 FY 2024 Variance fav / (unfav) 2025 2024 $m $m $m % $m $m $m % Assets Cash From Operations Cash and cash equivalents 4.0 2.0 2.0 100% Receipts from customers 63.1 56.9 6.2 11% Trade and other receivables
Slide 28: Cash EBITDA & Expenses Reconciliation
Cash EBITDA & Expenses Reconciliation FY 2025 FY 2024 Variance fav / (unfav) $m $m $m % Underlying EBITDA 16.2 11.9 4.3 36% Share Based Payments 1.4 1.0 (0.4) (40%) Developed Software & PPE (6.0) (5.1) 0.9 (18%) Lease Payments (1.1) (1.1) 0.0 0% Underlying Cash EBITDA 10.5 6.7 3.8 57% Acquisition &
Slide 29: SaaS Metrics
SaaS Metrics FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 ARR ($mil) 60.4 49.6 42.7 36.8 28.9 ARR Increase (Annual %) 22% 16% 16% 27% Customer Installs (no.) 449 407 370 346 230 Churn (loss/cancels %) 4.0% 3.5% 2.3% 2.3% 2.9% Average LTV/Customer ($mil) 3.1 3.0 3.1 2.9 2.5 Net Revenue Retention (NRR %) 1
Slide 30: Glossary of (non-IFRS) terms and metrics
Glossary of (non-IFRS) terms and metrics Annual Recurring Revenue (ARR) : A non IFRS Cash Expenditure : Representing expenditure Gross Revenue Retention (GRR) : measure representing recurring revenue adjusted for depreciation & amortization, Representing ARR twelve months prior less recognised in a
Slide 31: Appendix 2: Company Background
APPENDIX 2: COMPANY BACKGROUND ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 31
Slide 32: Energy One – A Profitable SaaS & Services Company
ENERGY ONE – A PROFITABLE SAAS & SERVICES COMPANY ENERGY ONE LIMITED (ASX:EOL) IS A LEADING INDEPENDENT GLOBAL SUPPLIER OF ENERGY TRADING AND RISK MANAGEMENT (ETRM) SOFTWARE SYSTEMS AND SERVICES. Energy One Limited (ASX: EOL)
Slide 33: Our Mission Is To Help Our Customers Manage Their Risk
OUR MISSION IS TO HELP OUR CUSTOMERS MANAGE THEIR RISK AND OPERATIONS WITH SMART TECHNOLOGY AND DEDICATED EXPERTS. ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 33
Slide 34: Supporting the Energy Industry
SUPPORTING THE ENERGY INDUSTRY Long Term Trading D-1 D D+1 INDUSTRIAL CONSUMERS Master Position Balancing Portfolio Dispatching Portfolio Management REMIT Agreements Portfolio Optimization Continuous Markets Invoicing Multi-Commodity Long Term Capacity Hedging Management Frequence Response Auction B
Slide 35: The Energy One Journey
THE ENERGY ONE JOURNEY ESTABLISHMENT AND GROWTH IN GEOGRAPHIC EXPANSION INTO ‘FOLLOW THE SUN’ ESTABLISHED MARKET COVERAGE AUSTRALIA EUROPE INCREASES 2003 2007 2009 2018 2020 2021 2022 2023 2024 2025 2027 + ENERGY RETAILING LISTED ON ASX FIRST PRODUCT ACQUISITION ACQUISITION ACQUISITION ACQUISITION O
Slide 36: EOL's suite of software tools are used by
EOL'S SUITE OF SOFTWARE TOOLS ARE USED BY CUSTOMERS TO MANAGE THEIR EXPOSURE TO RISK AND VOLATILY. Our software and services are used to trade and manage both physical energy and derivative contracts either bilaterally (B2B) or on public exchanges. ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY
Slide 37: EOL Group Software Makes Life Easier
EOL GROUP SOFTWARE MAKES LIFE EASIER PARTICIPANT CHALLENGES FACED EOL GROUP SOLUTIONS Generators Accurate, compliant energy spot market bidding and nominations ✓ Efficiently dispatching generation ✓ Energy operations (B2B, bid preparation, monitoring, compliance) ✓ Hedging output against volatile sp
Slide 38: Energy One Powering the Transition to Renewable Energy
ENERGY ONE POWERING THE TRANSITION TO RENEWABLE ENERGY ENERGY ONE LIMITED (ASX:EOL) : FULL YEAR RESULTS FY25 38
Slide 39: Contact
MR SHAUN ANKERS CONTACT Group CEO and Managing Director HEAD OFFICE/POST 77 Pacific Highway North Sydney NSW 2060 energyone.com Email: enquiries@energyone.com +61 2 8916 2200 energyone.com