Energy Action is a leading energy management consultancy firm and a major player in the Australian energy management market. Energy Action provides services which reduce the impact of rising electricity prices for businesses.
The business has been operating for over 11-years and has a track record of reliably paying fully franked dividends. Future revenue is supported by commissions and fees on “Forward Sold Contracts”. In essence this is revenue received and recognised in future years based on contracts entered into in an earlier year.
Energy Action intends to continue its successful organic growth and investigate opportunities for expansion through the acquisition of complementary businesses.
Energy Action benefits from management with substantial experience in the sector and a clear vision for delivering shareholder value. The Company’s listing on the ASX is an opportunity for investors to share in its future growth prospects.
Energy Action on ASX.com.au