The Energy One Ltd (ASX: EOL) share price is in focus after the company reported strong FY26 earnings, highlighted by a 14% lift in revenue and a 42% rise in underlying cash EBITDA.
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What did Energy One report?
- Revenue of $69.9 million, up 14% from FY25
- Recurring revenue of $63.5 million, up 17% year on year
- Annual Recurring Revenue (ARR) reached $64.6 million, up 13% (constant currency)
- Underlying Cash EBITDA rose 42% to $14.9 million
- Underlying NPAT increased 56% to $9.2 million
- Energy One closed FY26 in a net cash position
What else do investors need to know?
Energy One's recurring revenue now represents 91% of total revenue, underscoring the strength and predictability of its business model. The company credited ongoing investment in product development, customer capability, cybersecurity, and AI-enabled productivity initiatives for its improved results.
FY26 saw Energy One secure major multi-product customer contracts and deepen relationships with existing clients. This strategy supports greater upsell opportunities and highlights the appeal of Energy One's integrated offering in energy software and services.
What did Energy One management say?
Energy One Group CEO Ben Tranier said:
FY26 was a strong year for Energy One. We delivered high-quality recurring revenue growth, expanded margins, stronger cash earnings and a materially strengthened balance sheet.
What's next for Energy One?
Looking ahead, Energy One enters FY27 with positive momentum, supported by $5.1 million in signed or contract-prepared ARR not yet billed as at 30 June 2026. Management expects this foundation will help deliver at least 15% recurring revenue growth in FY27.
The company is also targeting a Cash EBITDA margin run-rate of around 30% by the end of FY27, with a focus on disciplined cost control and further leveraging its integrated platform to win more multi-product customers.
Energy One share price snapshot
Over the past 12 months, Energy One shares have risen 8%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.
