Energy Action Limited · ASX:EAX
Energy Action — H1 FY23 Earnings Presentation
12 slides from Energy Action's earnings presentation, Feb 24, 2023
Slide 1: H1 FY23 Half Year Results Presentation
For personal use only H1 FY23 Half Year Results Presentation 24 FEBRUARY 2023
Slide 2: Agenda
2 For personal use only H1 FY23 Results Agenda ► Strategy ► Business Overview ► Group financial results Energy Action | H1 FY23 Results
Slide 3: Our business model
3 Our business model For personal use only Services Energy Procurement Energy Management Net Zero ► Identify and offer the right energy ► Identify energy cost savings ► We offer platforms, insights procurement service to our clients. for clients and emissions and services to help our ► Provide servi
Slide 4: Delivering on strategy
4 Delivering on strategy For personal use only Feb 23 delivered FY23 and beyond strategy Balance sheet ► Increased funding with $0.5m subordinated loan (Jan 23) ► Collaborative relationship with primary lender ► Debt retired – Senior debt reduced from $7.0m (Dec 22) to ► Multi-stage process to re-ba
Slide 5: Delivering on Utilibox
5 Delivering on Utilibox For personal use only Our goal is to profitably deliver energy services at scale. Our priority is to invest in the growth drivers key to our business – securing new sales and retaining existing customers. Feb 23 Delivered 3 – 6 months 9 – 12 months ► Initial Utilibox custome
Slide 6: H1 FY23 Financial highlights
6 H1 FY23 Financial highlights For personal use only REVENUE EBITDA OPERATING CASHFLOW $6.01m $0.28m $0.145m 12% INCREASE H1 FY22 ($0.61m) H1 FY22 ($0.336m) 2 ON PCP 1 CONTRACTED FUTURE REVENUE NPAT 3 AUCTIONS HELD $15.2m ($0.27m) 317 12% INCREASE ON PCP H1 FY22 ($1.09m) 39% INCREASE ON PCP 1 - excl
Slide 7: Agenda
7 For personal use only H1 FY23 Results Agenda ► Strategy ► Business Overview ► Group financial results Energy Action | H1 FY23 Results
Slide 8: Income statement H1 FY23
8 Income statement H1 FY23 H1 FY23 H1 FY 22 % Variance For personal use only Revenue 6,016,067 5,685,265 6% EBITDA of $0.28m COGS (303,806) (410,643) -26% Gross margin 5,712,261 5,274,622 8% OPEX - excl D&A (5,433,094) (5,879,715) -8% Operating loss of $0.26m EBITDA 279,167 (605,093) 157% Compared t
Slide 9: Balance Sheet H1 FY23
9 Balance Sheet H1 FY23 Values are $’000 For personal use only $5.5m Revenue not Invoiced Auction & SME commissions earned to be paid CBA facility agreement extended to Dec 2024 Net debt at $4.41m Decreased $0.46m from June 22 Energy Action | H1 FY23 Results
Slide 10: Cash flow statement H1 FY23
10 Cash flow statement H1 FY23 H1 FY22 Operating EBITDA 346,801 (605,092) Operating cash flow of $0.145m Share based payments & other non-cash - (3,500) For personal use only Unrealised Foreign Exchange revalution - 10 Non cash adjustment to prior year retained earnings (non-cash) (140,109) - Workin
Slide 11: Like to know more about how we can support your energy buying and management?
11 For personal use only Like to know more about how we can support your 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’s
Slide 12: Disclaimer
12 Disclaimer. For personal use only This presentation has been prepared by Energy Action Limited ABN: 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 jurisdictio