A few little inconsistencies. LPE holds one of 23 licenses to sell energy to the retail market, which may include such things as recharge stations, but the core upshot of this is that they can sell energy to the strata market, for which they have technology that will enable significant savings for the consumers in that market, moreover that technology has synergies with embedded networks and IoT devices - basically it will lead to the ability to control remotely the power consumption of connected devices like water heaters and air conditioners and other large power consuming things to achieve overall power saving, but importantly manage peak power consumption to further drive savings for the consumer. The company they signed a deal with to provide power for recharge stations - Tritium - is actually an aussie company, which spawned out of a solar car challenge team from the University of Queensland, Tritium happens to be the number 1 company in the US for supplying said stations, and their network in the US is rather extensive, Tritium have some bold plans for a recharge station network across south east Queensland iirc. The numbers you provided are mostly sound I guess re: SP vs PE. Revenue at $220,000/GW and aims of selling 400GW/year with an 18% margin on that revenue on 5-10 year contracts. 400GW is a small fraction of the Market that they are targeting, and they are the only company that is targeting the strata market. They have some decent tech that may provide somewhat of a moat, and being the only co targeting strata they will benefit from first mover advantage. Should have some nice green days over the coming years
SXT Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
