Energy One Limited reported a 17% year-over-year increase in recurring revenue to AUD 64.6 million for the fiscal year ended June 30, 2026, while annual recurring revenue (ARR) rose 13% on a constant-currency basis to AUD 57 million. Currency fluctuations reduced reported ARR by 5%, with the FY2025 figure translating to AUD 60.4 million before adjustment. Contracted ARR reached AUD 5.1 million, up 28% from the prior year, with an additional AUD 400,000 nearing completion.
Cash EBITDA margin expanded to 21% for the full year, an increase of 4 percentage points, with the exit rate at 23%. Underlying profit before tax margin stood at 51%, while underlying cash EBITDA margin was cited at 42%. Net revenue retention improved to 106%, with annual attrition remaining between 5% and 6%. ARR per customer grew 14% year-over-year, and the sales pipeline expanded by roughly 25% compared with December 31, exceeding the FY2027 ARR growth target by threefold.
The company’s historical five-year compound annual growth rate (CAGR) reached 25%, compared with 20% revenue growth over the prior twelve months. Energy One’s financial health scores were noted as strong, with a Piotroski Score of 8 and an InvestingPro Financial Health Score of 3.22 labeled as "GREAT." The current ratio stood at 0.89.
Energy One’s shares rose 2.58% to AUD 15.51, following the release of its results. The stock has traded in a 52-week range between AUD 10.28 and AUD 20.19.
For FY2027, management set an organic recurring revenue growth target of at least 15%, alongside a cash EBITDA run-rate target of 30% by year-end. The company opted against a FY2026 dividend, retaining approximately AUD 3 million for transaction costs.
Energy One also announced plans to acquire GMSL, with completion expected by the end of November 2026, subject to shareholder and regulatory approvals. The deal is projected to be immediately accretive, lifting earnings per share by 35% on a pro forma basis and doubling the European customer base upon closing. Integration costs are estimated at AUD 2.5 million over two years.
Chief Executive Officer Ben Tranier emphasized the company’s strategic focus, stating, “We want to be the world’s leading provider for energy trading software and services,” adding that the combination of specialized trading services, advisory, and proprietary software differentiates Energy One in the market.
