eEnergy Group PLC, an Energy-as-a-Service provider, reported strong financial results for the year ended 31 December 2025, with revenue of £19.0m and adjusted EBITDA of £2.2m. The company experienced a record pipeline and forward order book, with a 100% increase in contracted and awarded projects compared to the previous year. eEnergy secured significant contracts, including a £100m funding partnership with Redaptive and its largest-ever contract with Mace for a UK Government-backed program. The company also launched SolarLife, a structured solar operations and maintenance service. In Q1 2026, eEnergy reported unaudited revenue of £11.0m and adjusted EBITDA of £0.7m, with expectations of continued growth in H1 and FY26. The companys revised revenue recognition policy improved alignment between revenue, adjusted EBITDA, and cash generation. eEnergys strategic focus on frameworks, contracts, and new products, along with its funding partnerships, positions it for further growth and improved cash generation in FY26.
| Financial Metric | 2024 (Restated) | 2025 | Change |
|---|---|---|---|
| Revenue (£m) | 22.5 | 19.0 | -15.6% |
| Adjusted EBITDA (£m) | -0.7 | 2.2 | +414.3% |
| Net Cash from Operating Activities (£m) | -16.6 | 2.8 | +116.9% |
| Cash Balance (£m) | 2.3 | 0.9 | -60.9% |
| Net Debt (£m) | 2.9 | 1.3 | -55.2% |
| Forward Order Book (£m) | 7.0 | 14.0 | +100.0% |
| Investment-Grade Pipeline (£m) | 77.0 | 127.0 | +64.9% |