EOL - Energy One

[Dona Ferentes]

Equity capital raising
The fully underwritten capital raising will be comprised of a 1 for 28 pro-rata entitlement offer at an offer price of $4.05 per share.....

they'd be happy..

 

[Dona Ferentes]

has been a been a retrace over the last few months for EOL, and now trading around $4.30 after the Annual report came out.

.

 

[Dona Ferentes]

up 36c .. to $5.75. ..now 5.90

In FY2024, Energy One Group continues to demonstrate the benefits of the strategy of organic growth and synergistic acquisitions made in prior years.

Revenue in excess of $52m was up 17%, recurring revenue was up 19%, with a CAGR of 43% since FY 2019. Annual Recurring Revenue of over $49m was up 16% on prior comparative period. Underlying earnings were in line with expectations at $11.9m after adjustment for one-offs in the first half of acquisition, cyber and the globalisation project. The powerful return to profitability in the second half was very pleasing...

 

[Dona Ferentes]

but clearly the AGM was underwhelming

.
In FY2024, Energy One Group continues to demonstrate the benefits of the strategy of organic growth and synergistic acquisitions made in prior years. Revenue in excess of $52m was up 17%, recurring revenue was up 19%, with a CAGR of 43% since FY 2019. Annual Recurring Revenue of over $49m was up 16% on prior comparative period. Underlying earnings were in line with expectations at $11.9m after adjustment for one-offs in the first half of acquisition, cyber and the globalisation project. The powerful return to profitability in the second half was very pleasing.

This performance is a strong affirmation of the strategy pursued by the Company and delivered by its management, to improve the quantum and proportion of recurring revenues earned by the company. I recommend the full year result presentation to shareholders, with its illustration of the strong growth in recurring revenues, revenue retention, our diversified customer and geographic customer base and our extensive coverage of the European markets in power and gas. This is a strong positive base for the continuation of our strategy as a one-stop shop for software and services in wholesale power and gas. The new battery capability and our partnership with PowerBot will further cement European and Australian growth in existing and new customers.

 

[JonnyBubbleWrap]

but clearly the AGM was underwhelming

View attachment 188544
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In FY2024, Energy One Group continues to demonstrate the benefits of the strategy of organic growth and synergistic acquisitions made in prior years. Revenue in excess of $52m was up 17%, recurring revenue was up 19%, with a CAGR of 43% since FY 2019. Annual Recurring Revenue of over $49m was up 16% on prior comparative period. Underlying earnings were in line with expectations at $11.9m after adjustment for one-offs in the first half of acquisition, cyber and the globalisation project. The powerful return to profitability in the second half was very pleasing.

This performance is a strong affirmation of the strategy pursued by the Company and delivered by its management, to improve the quantum and proportion of recurring revenues earned by the company. I recommend the full year result presentation to shareholders, with its illustration of the strong growth in recurring revenues, revenue retention, our diversified customer and geographic customer base and our extensive coverage of the European markets in power and gas. This is a strong positive base for the continuation of our strategy as a one-stop shop for software and services in wholesale power and gas. The new battery capability and our partnership with PowerBot will further cement European and Australian growth in existing and new customers.

newsRush.ai

newsrush.ai

27 November 2024 8:45 AM. Open PDF | 7 Pages

Energy One Limited (EOL) applied for quotation of 18,831 ordinary fully paid shares issued under an employee incentive scheme, priced at AUD 5.83 each, on November 27, 2024.

Summary​

• Energy One Limited (EOL) applied to list an additional 18,831 ordinary fully paid shares on the ASX.
• These shares were issued under an employee incentive scheme.
• The issue date was November 27, 2024.
• The shares are priced at AUD 5.83 each.
• 171 shares were issued to key management personnel (KMP), Guy Steel.
• The total number of ordinary fully paid shares on issue after this listing will be 31,328,319.
• There are also 146,498 unquoted share rights (EOLAA).

Sentiment​

Score: 5
Explanation: The announcement is neutral; it's a routine corporate action. There's no significant positive or negative news impacting the company's valuation.

Highlights​

• 18,831 ordinary fully paid shares were issued.
• The shares were issued under an employee incentive scheme.
• The issue date was November 27, 2024.
• The share price is AUD 5.83.
• 171 shares were allocated to key management personnel (KMP).
• Total number of ordinary fully paid shares after the issue: 31,328,319.
• 146,498 unquoted share rights (EOLAA) exist.

Positives​

• Successful application for quotation of additional shares on the ASX.
• Employee incentive scheme successfully executed.
• No apparent negative impact on existing shareholders.

Future Outlook​

No specific future outlook is provided in this document.

Industry Context​

This announcement is a routine corporate action related to employee compensation and does not significantly impact the broader energy sector or Energy One's competitors.

Next Steps​

• The shares will be quoted on the ASX.

Key Dates​

• October 22, 2024: Energy One staff share plans were approved by shareholders
• November 27, 2024: Date of announcement and issue date of shares

 

[Dona Ferentes]

but clearly the AGM was underwhelming

or was it....?

buyers overwhelmed the sellers eventually

.
21 Oct ...
Looking forward
Our core business is strong and our presence in the Australian and European markets is strengthening. We are getting excellent feedback on our strategy from customers and external experts, and growing engagement in the sales process as our investments in sales and marketing capability is maturing.
In closing, I would like to again thank my fellow directors, management and staff for their continued support, dedication, and strong efforts throughout this busy and difficult year. In particular, I would like to highlight the quality of this year’s results and strong organic growth in recurring revenues and projects in Australia and Europe.