eEnergy FY adjusted underlying earnings surge

(Sharecast News) - Energy services provider eEnergy reported a sharp improvement in profitability on Friday, with adjusted underlying earnings surging on the back of its record order book.

eEnergy said adjusted EBITDA had jumped 183% to �1.7m for the year ended 31 December, despite revenue easing to �23m after roughly �4m of expected sales were shifted into the first half of 2026.

The AIM-listed group also said it had ended the year with a record �14m contracted and a �127m investmentgrade pipeline, supported by major frameworkled wins across NHS trusts, local authorities and a large governmentbacked solar and battery project delivered with Mace.

Operationally, eEnergy said it had continued to broaden its reach beyond the education sector into healthcare and commercial markets - securing an exclusive �100m offbalance sheet funding facility with Redaptive, maintaining access to a �40m NatWest line for publicsector projects, and launching its SolarLife operations and maintenance service to build recurring revenue.

Looking ahead to 2026, eEnergy raised its FY revenuie guidance to �34m and upped its adjusted EBITDA forecasts to �4.5m, citing expected strong cash generation as working capital unwinds.

eEnergy said it was also banking on the rollout of a new Energy Performance Contract model to support further multisite growth.

As of 0925 GMT, eEnergy shares had shot up 9.03% to 5.40p.

Reporting by Iain Gilbert at Sharecast.com