공시 • Nov 25
Energy Action Limited, Annual General Meeting, Nov 25, 2025 Energy Action Limited, Annual General Meeting, Nov 25, 2025. 공시 • Apr 16
Energy Action Limited Announces Board and Committee Changes Energy Action Limited announced that after more than ten years in the role, Mr. Murray Bleach will be retiring as Board Chair from 16 April 2025. However, Mr. Bleach will continue on the Board as a non-executive director. The Board has elected current independent, non-executive director Ms. Caroline Wykamp to succeed Mr. Bleach as interim Board Chair while the Board undertakes a search for an additional director and expects to announce an appropriate addition to the Board in the coming months. The Company is actively engaged in succession planning and ensuring that the composition and skill set of the Board supports EAX's future strategy and operations. Ms. Wykamp was appointed as a director on 1 September 2023 and will assume the Chairperson position from 16 April 2025. Ms. Wykamp is an experienced executive and authority in energy markets with over 25 years in the industry. She has expertise in leadership, wholesale energy market, and renewable energy. She has previously held senior leadership roles at Hydro Tasmania, Origin Energy and was Chief Executive Officer of Marinus Link. In parallel with the Board changes above, Ms Wykamp will step down from her roles as Committee Chair of the Audit and Risk Management Committee and the Remuneration and Nomination Committee, however, will remain as a member on these Committees. Mr. Bleach will become the new Chair of the Audit and Risk Management Committee, and current non- executive Director Mr. Paul Meehan will become the new Chair for the Remuneration and Nomination Committee. 공시 • Oct 02
Energy Action Limited, Annual General Meeting, Nov 21, 2024 Energy Action Limited, Annual General Meeting, Nov 21, 2024. Reported Earnings • Oct 02
Full year 2024 earnings released: EPS: AU$0.019 (vs AU$0.011 loss in FY 2023) Full year 2024 results: EPS: AU$0.019 (up from AU$0.011 loss in FY 2023). Revenue: AU$10.8m (down 3.9% from FY 2023). Net income: AU$584.4k (up AU$882.9k from FY 2023). Profit margin: 5.4% (up from net loss in FY 2023). 공시 • Sep 24
Energy Action Limited Announces CEO Changes, Effective 1 October 2024 Energy Action Limited announced the appointment of Mr. Derek Myers as Chief Executive Officer (CEO), commencing 1 October 2024. Derek Myers will be succeeding Bruce Macfarlane, who has served as Interim CEO since 2021. Derek Myers brings extensive expertise in the energy consulting sector, having previously built and led Beond Group in the UK. Under his leadership, Beond Group was successfully sold to eEnergy in December 2020. Before Beond, Mr. Myers established his business foundations working with Macquarie Bank and Accenture and studied for an MBA at the Australian Graduate School of Management. Mr. Myers has served on the Energy Action Board of Directors since June 2023 and partially underwrote the share rights issue completed in June 2024. Derek Myers has been working closely with Bruce Macfarlane and senior management, assisting the business in developing its sales and performance strategies. Mr. Myers will take up the CEO role on a permanent basis. The Board believes that his deep understanding of the energy sector and hands-on involvement with the Company position him well to drive Energy Action's growth and strategy moving forward. Bruce Macfarlane has been a member of the Board since February 2021 and is a significant shareholder. He stepped into the Interim CEO role in September 2021, providing leadership during a critical period for the Company. Under his guidance, Energy Action has made significant steps to stabilise and grow the business, including improvements in operational performance, cost management, and profitability. Moving forward, Mr. Macfarlane will be focusing on revenue initiatives, ensuring his ongoing contribution to Energy Action. The Board extends its gratitude to Mr. Macfarlane for his leadership and contributions over the last three years and looks forward to his continued involvement with the Company. Over the past 12 months, Bruce Macfarlane and Derek Myers have worked closely together in uplifting Energy Action's performance. The Board is confident that this transition will further enhance Energy Action's results and position the Company for continued growth and success. Mr. Myers' appointment aligns with Energy Action's strategic goals of driving sustainable, profitable growth while focusing on its core services of energy and emissions procurement and management, supported by technology innovation. Board Change • Sep 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Caroline Wykamp was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 16
Energy Action Limited Announces Company Secretary Changes Energy Action Limited announced that Kimberly Sue, from Company Matters, has been appointed as Company Secretary effective September 16, 2024. Dray Andrea will step down as Company Secretary, effective 16 September 2024. Board Change • Aug 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Caroline Wykamp was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 18
Energy Action Limited has filed a Follow-on Equity Offering in the amount of AUD 1.003787 million. Energy Action Limited has filed a Follow-on Equity Offering in the amount of AUD 1.003787 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,229,377
Price\Range: AUD 0.2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,789,556
Price\Range: AUD 0.2
Transaction Features: Rights Offering New Risk • Mar 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (AU$5.87m market cap, or US$3.82m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (12% increase in shares outstanding). Board Change • Mar 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Caroline Wykamp was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 05
Energy Action Limited Appoints Gregory Tamvakellis as Chief Financial Officer Energy Action Limited announced that Mr.Gregory Tamvakellis has been appointed as the new Chief Financial Officer (CFO). Greg Tamvakellis will commence his CFO role from 4 September 2023 having worked with the previous CFO, Simon Smith, to ensure a smooth transition and comprehensive handover of responsibilities. Greg Tamvakellis has been with Energy Action Limited since May 2021, most recently in the role of Financial Controller. Prior to his roles in EAX, Greg was a Financial Controller within Australian Wool Network, a large unlisted Australian company, commencing in 2011 across 8.5 years he was involved in delivering growth for the business through implementing key strategies, improved reporting functions and change management. Prior to this he has gained experience working at various firms in both business services and audit, servicing clients in a variety of industries. Greg Tamvakellis holds a Bachelor of Business (Accounting) from the University of Western Sydney and is a member of the Institute of Chartered Accountants Australia & New Zealand. 공시 • Sep 02
Energy Action Limited, Annual General Meeting, Nov 09, 2023 Energy Action Limited, Annual General Meeting, Nov 09, 2023. 공시 • Sep 01
Energy Action Limited Appoints Caroline Wykamp as A Non-Executive Director to the Board of Directors Energy Action Limited announced the appointment of Ms. Caroline Wykamp as a Non-Executive Director to the Board of Directors. Caroline Wykamp is the Chief Executive Officer of Marinus Link, a proposed 1500-megawatt capacity high voltage direct current (HVDC) electricity interconnector between Tasmania and Victoria, Australia. She has been working as the Chief Executive Officer for Marinus Link since January 2023. Ms. Wykamp is an experienced executive and authority in energy markets with over 25 years in the industry. She has expertise in leadership, wholesale energy markets, and renewable energy. She has previously held senior leadership roles at Hydro Tasmania, Momentum Energy and Origin Energy. Ms. Wykamp has a Bachelor of Applied Science from Charles Sturt University and is a graduate of the Australian Institute of Company Directors (GAICD). Board Change • Aug 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Derek Myers was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.