Eneraqua Technologies is a provider of specialist energy and water efficiency solutions.
They released their preliminary results for the year ended 31 January 2023 yesterday. Here's some of the financial highlights:
- Revenues increased by 52% over the prior year, to £55.1m (FY22: £36.2m)
- Adjusted profit before tax was up by 79% to £10.1m (FY22: £5.6m)
- Adjusted EBITDA was up 76% to £11.9m (FY22: £6.7m)
- The Group's order book has grown to £130.4m
An yet their share price dropped by 40%. I analyse these results and look at broker targets to see if there's any potential upside.