Locality Planning Energy Holdings (ASX: LPE) Webcast Replay
22nd February, 2023
Locality Planning Energy Holdings Limited (ASX: LPE) is an energy services provider on-track to achieve FY23 revenue guidance of $40 million following two consecutive profitable years.
As a part of our ‘The Insiders: Meet the CEOs’ series, Non-Executive Chairman Justin Pettett, provides valuable insights to the company, its key markets and industry, and future prospects.
Recorded on 22nd February 2023 at 12pm (AEDT).
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FEATURED SPEAKER
Justin Pettett
Non-Executive Chairman - Locality Planning Energy Holdings (ASX: LPE)
Locality Planning Energy (LPE) predominantly services the Queensland energy market providing electricity, hot water, solar and battery systems to strata communities. The company considers itself a local leader in ‘embedded networks’ – a system that reduces energy bills by using a single metered point to measure electricity consumed by a multi-tenanted complex. Following LPE’s profitable FY21 and FY22, the company’s embedded network business achieved positive operating cash flow for a second consecutive quarter in Q2 FY23. As at 24th January 2023, LPE’s $40 million FY23 revenue guidance remains on-track and the company has secured a $10 million growth facility to fund capital works and acquire existing embedded operations/billing agents.
