Yeah maybe, but are these customers of LPE or customers of LPE body corporate clients? If LPE has the customer relationship then they're valuable customers and this growth is a good sign.
If they're customers of the body corporate and LPE just does the billing for them, it's just an admin service and less exciting.
I'm enthused by the growth and considering a buy, but I can't validate it. Plenty of companies out there doing billing only for a body corporate and they're two a penny. AP2U was one of those.
News: LPE Locality Planning Energy Announces Strategic Acquisition Of 4,000 New Customers, page-4
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