Annual Report and Financial Statements 2022

Please find a link to OVO’s Annual Report and Financial Statements 2022 here.

Headlines – please find press release here:

• OVO reports resilient 2022 underlying full year performance, with an adjusted EBITDA of £20m despite the external challenge of the energy crisis.
• Broadening of investor base with Mayfair Equity Partners and Morgan Stanley Investment Management increasing their stake in OVO.
• £150m debt repayment strategy remains on track.
• OVO delivered £50m of support to customers during a year of record high energy prices.
• Continued investment in decarbonisation and technology, with the launch of Charge Anytime for EV drivers, OVO Solar for home solar and the national roll out of OVO Energy Experts.