Lower receipts than the previous quarter is hard to celebrate,...

Lower receipts than the previous quarter is hard to celebrate, then top that off with a capital raise, the first thought is disappointment, followed by WTF.
Without knowing the full detail of the capital raise its not possible to make a balanced comment, so I am parking that for a few days. It does seem very odd, for a company to be repaying $2m of debt because its not needed, while going to market for capital. With such a low share price, the dilution per dollar raised is ugly.

Covid 19 can be fairly held up as the reason for the lower receipts, as many of the SMEs would be closed with the lights out for the lockdown period. SMEs are much larger volume customers, so the affected customers have influenced receipts strongly in this case. At least they won't be a large bad debt if they stop consuming. Although these should now be back to post covid normal now, SMEs are around half of the annual electricity sales, so a percentage of them remain at covid risk.

2.739m cash flow positive needs to be stripped back by the 3.522m advance relief payment, which more truly states the position as negative $786k

Wage costs were above the targeted $1m by a significant $271k, it will take time to fully realise the benefits of staff reduction, but LPE did target a 30% reduction in the June quarter and achieved ~20%.

Customer numbers are growing which is good for the long term, but there is a clear Covid 19 induced stall in the financials for the June quarter.