Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest update is out from eEnergy Group ( (GB:EAAS) ).
eEnergy Group reported a record revenue of £21.1 million for the second half of 2024, with significant improvements in EBITDA and operational efficiency. The company announced a strong start to 2025 with a projected record quarter and a £7.0 million contracted revenue order book. Despite adjustments in accounting practices for FY2023, eEnergy has strengthened its financial control and reduced costs, resulting in a positive outlook for FY2025. The firm continues to expand its market presence with key contracts in the healthcare and education sectors, maintaining a debt-free balance sheet and focusing on improving gross margins.
More about eEnergy Group
eEnergy Group is a leader in the UK energy sector, specializing in Energy-as-a-Service and Lighting-as-a-Service primarily for the education and healthcare sectors. The company focuses on providing energy-efficient solutions like LED lighting and solar power generation, aiming to help customers achieve Net Zero. eEnergy’s offerings include feasibility studies and project management, emphasizing reduced energy usage and costs. They have been recognized with the Green Economy Mark by the London Stock Exchange for their contribution to Net Zero projects.
YTD Price Performance: -14.43%
Average Trading Volume: 712,078
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £16.07M
For detailed information about EAAS stock, go to TipRanks’ Stock Analysis page.
