onlyLocality Planning Energy (ASX:LPE)
Innovative Renewable
Generation and Contracted
Recurring Revenue
useersonal14 February 2022
About us
only | |
use | Fast-growing and |
innovative electricity | |
provider with long term | |
electricity, hot water, solar | |
ersonal | and battery supply |
agreements that provide | |
strong recurring revenue |
First to market technology | Saving money and | |
with shared solar and | creating sustainable | |
carbon neutral centralised | communities of the | |
hot water systems for | future with no upfront | |
apartments | costs, reduced carbon | |
footprint and lower bills |
Planned utilising of renewable energy to power crypto mining and data centres sustainably to significantly improve and accelerate returns
Highlights
Innovative Renewable Generation. Contracted Recurring Revenues.
Investing in renewable energy to power planned crypto mining and data centres to improve and accelerate returns
Over 46,000 customers and a current growth rate of over 30%
only | year on year (6th largest energy retailer in Queensland on Energex |
network) | |
Defensive core embedded network business with 60% of total | |
revenues contracted | |
100% customer retention attained to date when contracts end | |
use | |
Shared solar is a game changer allowing strata communities and | |
businesses behind the meter access to green energy | |
First in Australia to create carbon neutral centralised hot water | |
ersonal | systems |
Opportunity to cross-sell utilities throughout our customer base; electricity, solar and battery, water and hot water
Customer Split
SME
Residential
Durable and stable market
segments
Majority of customers
contracted
Recurring
Contracted
Recurring revenues and
long-term contracts.
Strong Growth
ersonal use only
Revenue | Customers |
FY21 Operating Highlights
Highlights for the year ended 30 June 2021 include: only
• +27.2% growth in sales to $55.6 million (2020: $43.7 million), with growth realised across all customer segments;
• Gross margin 16% of sales (excluding unrealised gain on derivatives) (2020: 17%)
• Excellent continuing productivity gains with employee costs reducing by 6.2% to $6.1 use million (2020: $6.5 million)
• Strong customers growth of 32% year-on-year with 60% contracted, and
Renewable energy partnerships to power planned crypto mining and data centres can significantly increase revenue and margins ersonal
"We have continued to achieve strong growth with a 27% increase in revenue to $55M in FY21, with the Company now positioned for further growth by potentially providing renewable energy to the crypto mining and data centre market"
Justin Pettett Non-ExecutiveChairman
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Locality Planning Energy Holdings Ltd. published this content on 13 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2022 23:01:02 UTC.