LPE 4.55% 11.5¢ locality planning energy holdings limited

Ann: Record Milestone Achieved with 40,000 Customers Surpassed, page-9

  1. 2,945 Posts.
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    Well it looks like they will have gross profit growth of between 10-15% which is probably lower than their customer growth suggests perhaps because its all residential customers. That is gross profit of ~8m against expenses of ~12.5m so a loss will reduce to ~4.5m (still trying to work out what unrealised gain/loss on derivatives is...perhaps someone can explain).

    On 40k customers, they should be able to generate a gross profit of ~10m in FY2022, so they are getting close to break-even.....the big question mark is how do they survive cashflow wise in the interim (balance between sales & marketing costs to get to that breakeven point)
 
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