The latest announcement is out from Locality Planning Energy Holdings Limited ( (AU:LPE) ).
Locality Planning Energy Holdings Limited reported no material impact from Cyclone Alfred, maintaining its operational stability and reaffirming its financial guidance for a net profit of $3m to $3.5m for FY 2025. The company remains cashflow positive for the nine months ending March 2025, despite a net cash outflow in the March quarter due to timing differences in the Cost-of-Living Rebate application. LPE has refreshed its board with new independent non-executive directors to drive strategic growth and is actively searching for a new Chief Financial Officer. Additionally, LPE resolved a legal matter confidentially and continues to pursue another legal case, while also extending an agreement with Bundaberg BioHub due to weather-related delays.
More about Locality Planning Energy Holdings Limited
Locality Planning Energy Holdings Limited (LPE) is an embedded electricity provider focused on delivering energy solutions. The company operates within the energy sector, providing electricity services to various client sites and customers.
YTD Price Performance: -23.33%
Average Trading Volume: 194,862
Technical Sentiment Signal: Buy
Current Market Cap: A$20.95M
See more data about LPE stock on TipRanks’ Stock Analysis page.