Locality Planning Energy Climbs 5% on Positive Cash Flow, Increased Profitability Expectations

MT Newswires Live07-23

Locality Planning Energy (ASX:LPE) shares rose 5% in recent trade amid positive cash flow and expected increase in profitability in fiscal 2025.

The embedded electricity provider reported cash and cash equivalents at the end of June of AU$3.5 million, according to a Tuesday filing with the Australian bourse. Cash inflows for fiscal Q4 reached AU$10.4 million, comprising AU$9.5 million in customer receipts and AU$870,000 from closing the electricity hedge book.

The company reaffirmed its fiscal 2024 net profit guidance of between AU$1.95 million and AU$2 million. It also expected a significant increase in profitability for fiscal 2025.

Locality Planning Energy is also slated to start its share buyback in fiscal Q1 2025.

Also, the company said River Capital Embedded Network Trust will not be extending its unconditional takeover offer of AU$0.105 per share beyond the July 26 expiration.

Locality Planning Energy has been urging shareholders to reject said offer, saying it undervalued the company. It also maintained its views that the company's medium- to long-term prospects "significantly exceed" the revised offer price.

Price (AUD): $0.12, Change: $+0.01, Percent Change: +4.55%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2453773527?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-23 11:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2453773527","market":"hk","top_or_hot":-1,"title":"Locality Planning Energy Climbs 5% on Positive Cash Flow, Increased Profitability Expectations","media":"MT Newswires Live","content":"<html><body><p> Locality Planning Energy (ASX:LPE) shares rose 5% in recent trade amid positive cash flow and expected increase in profitability in fiscal 2025.</p><p>The embedded electricity provider reported cash and cash equivalents at the end of June of AU$3.5 million, according to a Tuesday filing with the Australian bourse. Cash inflows for fiscal Q4 reached AU$10.4 million, comprising AU$9.5 million in customer receipts and AU$870,000 from closing the electricity hedge book.</p><p>The company reaffirmed its fiscal 2024 net profit guidance of between AU$1.95 million and AU$2 million. It also expected a significant increase in profitability for fiscal 2025.</p><p>Locality Planning Energy is also slated to start its share buyback in fiscal Q1 2025.</p><p>Also, the company said River Capital Embedded Network Trust will not be extending its unconditional takeover offer of AU$0.105 per share beyond the July 26 expiration.</p><p>Locality Planning Energy has been urging shareholders to reject said offer, saying it undervalued the company.  It also maintained its views that the company's medium- to long-term prospects \"significantly exceed\" the revised offer price.</p><p>Price (AUD): $0.12, Change: $+0.01, Percent Change: +4.55%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Locality Planning Energy Climbs 5% on Positive Cash Flow, Increased Profitability Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLocality Planning Energy Climbs 5% on Positive Cash Flow, Increased Profitability Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-23 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Locality Planning Energy (ASX:LPE) shares rose 5% in recent trade amid positive cash flow and expected increase in profitability in fiscal 2025.The embedded electricity provider reported cash and cash...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AUD","symbol_name":"Audacy Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2453773527","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2453773527","pubTimestamp":1721704814,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Locality Planning Energy (ASX:LPE) shares rose 5% in recent trade amid positive cash flow and expected increase in profitability in fiscal 2025.The embedded electricity provider reported cash and cash","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AUD":"Audacy Inc.","LPE.AU":"LOCALITY PLANNING ENERGY HOL","BK7006":"电力公用事业","BK4125":"广播"},"translate_title":"Locality Planning Energy因正现金流和盈利预期提高而上涨5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUD":1,"LPE.AU":0.9},"content_text":"Locality Planning Energy (ASX:LPE) shares rose 5% in recent trade amid positive cash flow and expected increase in profitability in fiscal 2025.The embedded electricity provider reported cash and cash equivalents at the end of June of AU$3.5 million, according to a Tuesday filing with the Australian bourse. Cash inflows for fiscal Q4 reached AU$10.4 million, comprising AU$9.5 million in customer receipts and AU$870,000 from closing the electricity hedge book.The company reaffirmed its fiscal 2024 net profit guidance of between AU$1.95 million and AU$2 million. It also expected a significant increase in profitability for fiscal 2025.Locality Planning Energy is also slated to start its share buyback in fiscal Q1 2025.Also, the company said River Capital Embedded Network Trust will not be extending its unconditional takeover offer of AU$0.105 per share beyond the July 26 expiration.Locality Planning Energy has been urging shareholders to reject said offer, saying it undervalued the company.  It also maintained its views that the company's medium- to long-term prospects \"significantly exceed\" the revised offer price.Price (AUD): $0.12, Change: $+0.01, Percent Change: +4.55%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2453773527"}