EOL 0.00% $4.97 energy one limited

This acquisition is very accretive giving the company earnings...

  1. 110 Posts.
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    This acquisition is very accretive giving the company earnings per share of greater than 5 cents in 2018. It's pretty difficult to find software companies in Australia trading on less than 8 times forecasted 2018 earnings, and on enterprise values to sales ratios of circa 1.2 times. The emerging strength of Energy One's business model is nicely highlighted by >70% of revenues ($8.5 million) coming from recurring revenue sources (licenses, subscriptions, support) in 2018. The downside is poor stock liquidity and nano-cap status (market capitalisation of $8 million AUD). The company has software domain knowledge in wholesale Energy trading and energy information systems largely confined to the Australian market.
 
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