EGY Full Year Results Update
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Released
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ASX Announcement 31 August 2026
EGY FY2026 Full- year investor update
Energy Technologies Limited (ASX: EGY or the “Company”) is pleased to announce its 2026
full-year results.
FY2026 was a deliberate and necessary transition year for EGY. During the year, the
Group took decisive action to restructure its operations and reposition the business
toward a higher margin, technology driven future through the continued development of
Cogenic.
Financial Review
The financial metrics for the year ended 30 June 2026 reflect the effects of the Group’s
restructuring and strategic repositioning:
• Revenue: Revenue was $3.9m, down 51.1% from $8.1m in FY2025. The
reduction principally reflected the Group’s withdrawal from certain lower margin
contract volumes and the repricing of work to reflect copper price volatility and
the cost to serve.
• Administrative Expenses: Reduced to $4.1m, a decrease of 8.9% (or $0.4m)
compared to $4.5m in FY2025. This saving was achieved alongside the active
launch of Cogenic's technology development program.
• Net Profit After Tax (NPAT): Reported a loss of $(12.4) m, compared to $(11.0) m
in FY2025. The $1.4m increase in loss primarily reflects higher financing costs
during the period.
• Underlying EBITDA: Stable at $(6.5) m against $(6.3) m in FY2025, driven by
lowered operating expenses of $6.2m (down from $9.6m).
Operational Highlights & Strategic Repositioning
Bambach Wires & Cables Restructure Complete
The heavy lifting behind the Bambach restructure is now fully concluded. We have
successfully reset our cost base, implemented pricing mechanisms to pass through
copper input volatility, and right sized our operational footprint. The business has
shifted permanently from volume-led metrics to strict, return-led hurdles.
With the foundation stabilized, Bambach's primary focus for FY2027 is a highly
disciplined order book rebuild. We will selectively target state government panels and
infrastructure supply agreements that satisfy our updated margin criteria, with results
expected to flow through in 3QFY2027.
Cogenic Platform Growth and Market Opportunity
Our future growth profile has been significantly elevated through Cogenic Pty Limited.
During the year, we secured the acquisition of the Maradin Laser Optical Engineering IP
portfolio and executed our first Master License Agreement with Amalgamated Vision in
North America. Furthermore, we strengthened our balance sheet via a completed
placement for approximately AUD$2.5m.
Cogenic’s proprietary, lightweight wearable platform unifies four critical capabilities—
two-way communications, body-worn video, heads-up visual info, and electronic data
delivery—into a single device. We are actively targeting a substantial potential global
total addressable market (TAM) across defence, law enforcement, first responders, and
critical infrastructure. Our initial "beachhead" focuses on Allied markets in which the
current market continues to source new cutting-edge products.
Looking Ahead to FY2027
Our roadmap is clear: Stabilise, Commercialise, and Scale. Moving into the next phase,
our immediate corporate priorities are to:
1. Advance Cogenic from product development trials and customer evaluations
into commercial delivery contracts for finished products.
2. Finalise custom MEMS supply qualifications to support our scalable,
externalized mass-production manufacturing model.
3. Rebuild the Bambach order book to historical volume levels exclusively through
high-margin, qualified contracts.
4. Maintain absolute corporate cost discipline and execute prudent capital
management to continue reducing debt while funding vital operational working
capital.
Thank you for your continued patience and support as we reshape EGY into a resilient,
high-value enterprise.
To view this announcement on our website and to ask any questions specific to the full year update
please click this link https://energytechnologies.com.au/link/eW1LjP
To engage directly with the Energy Technologies leadership team, please sign up to our website at the
following link https://energytechnologies.com.au/auth/signup where you can ask questions on our
announcements and be the first to know our latest company updates
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About Energy Technologies
Energy Technologies Limited (ABN 38 002 679 469) specialises in energy technology. It provides solutions for
industries and companies on efficiencies, usage and development for electricity and renewables. Its operations
include Bambach Wires and Cables (100% subsidiary) specializing in low voltage copper cables and renewable
energy solutions, Dulhunty Engineering (51% subsidiary), specializing in fiber distribution and Cogenic (100%
subsidiary), specializing in Laser Optical Engineering.
Learn more about Energy Technologies at website www.energytechnologies.com.au.
For more information, please contact:
General enquiries
tony.smith@energytechnologies.com.au
This announcement is authorised by Energy Technologies Limited’s Board of Directors
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