EPS growth ~ 5% down EOL Could be in the right market ..Government Policy Electrifying all things.
Total liabilities / Total tangible assets: Debt/ Equity has increased so less profitable while the Debt is high.
Should be able to Leverage the offering scale up ect.
Australia
• Australian revenue up 6% despite drop in project revenue
• However, organic ARR grew by ~16% in the year.
• Recurring revenues were up 13% • EBITDA margin remained strong (up from 31% to 32%).
• Good sales pipeline. Need to sign 1-2 projects each year (20% project related revenue)
• In June 2022, we welcomed CQ Energy (Adelaide) to the Australian business group
• CQ contributed $1.2M revenue, based on 2 month’s income
Here is a plan view / overview of EOL
EOL head office
HEAD OFFICE CONTACT INFORMATION
address
Level 13, 77 Pacific Highway, NORTH SYDNEY, NSW, AUSTRALIA, 2060
Telephone(02) 89162200
Fax(02) 89162200
Web site
Share registry
SHARE REGISTRY CONTACT INFORMATION
share registry name
LINK MARKET SERVICES LIMITED
address
Level 21, 10 Eagle Street, BRISBANE, QLD, AUSTRALIA, 4000
Telephone1300 554 474
Strategy
6th June 2020
Extraordinary General Meeting Chairman’s Address
The Covid-19 pandemic has had a significant impact on all of us for over two years and we are now starting to see a return to pre-pandemic life. Whilst the threat from Covid may be receding some elements such as hybrid work patterns means the workplace has fundamentally changed moving forward. The removal of restrictions on movement has also provided us with the opportunity to meet our customers and acquired businesses face to face. Whilst video conferencing has proved effective for many aspects of business some elements continue to benefit from a more personal experience.
CQ Energy in Australia
The acquisition of CQ Energy in Australia is a significant and important step towards realising our vision of being a leading provider of software and services to the energy sector in Australasia and Europe / United Kingdom. CQ provide specialist operational services to particularly renewable generators that has EOL well positioned to take advantage the global renewable transition. Further detail with respect to CQ can be found in our investor presentation available on our website at the investors page. The acquisition of CQ together with Egssis, and the existing eZ-nergy business also lays the foundation for 24*7 global operational services. The 2022 financial year has seen the business continue its profitable operation with performance on a normalised basis within the ranges communicated to the market.
Reaching completion of the CQ acquisition took a month longer than expected, as a result, we now anticipate revenue for FY22 circa $AUD 31.4m (FY21 27.9) and EBITDA circa $AUD 9.2m (FY21 8.1). These figures are on a normalised basis, excluding one-off and re-structuring costs associated with acquisition.