Locality Planning Energy Holdings Limited · ASX:LPE
Locality Planning Energy — FY2024 Earnings Presentation
17 slides from Locality Planning Energy's earnings presentation, Oct 24, 2024
Slide 1: Full Year Results Presentation for the year ended 30 June 2024
For personal use only Locality Planning Energy (ASX:LPE) Full Year Results Presentation for the year ended for 30 June 2024 24 October 2024 Better Energy Solutions
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Locality Planning Energy Holdings Limited (LPE). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in LPE. You should not treat the contents of this presentation, or
Slide 3: Agenda
Agenda 1. Introduction 2. Performance Highlights For personal use only 3. Operational and Financial Review 4. Strategic Outlook 5. Summary 6. Q&A Better Energy Solutions 1
Slide 4: Introduction – The Team
Introduction – The Team Scott Taylor, Chief Executive Officer Michelle Alexander, Chief Financial Officer Scott has over 30 years’ experience in energy, property, and Michelle has over 20 years’ experience in accounting and financial technology management, with a key focus on the development and man
Slide 5: Introduction – LPE Yesterday
Introduction – LPE Yesterday Locality Planning Energy Holdings Limited (LPE) was founded in 2012 seeking to leverage the embedded network business through investments in technology, projects and retailing as follows: • Australian Energy Regulator authorized in November 2014 and signed it first custo
Slide 6: Introduction – LPE Today
Introduction – LPE Today At LPE, we are passionate about finding better ways to empower LPE’s new Purpose, Vision and Values our customers and community's lifestyles. Proudly Australian, LPE is based on the Sunshine Coast, servicing Purpose “Working with customers to deliver better local solutions”
Slide 7: Performance Highlights – FY2024 Challenges
Performance Highlights – FY2024 Challenges The last 12 months and Financial Year for FY2024 was full of challenges: • In FY2023 LPE booked a net loss of $12m. For personal use only • Changes in leadership with the Board and Executive. • Low share price ($0.03) impacted LPE’s reputation in the financ
Slide 8: FY2024 Performance Highlights
Performance Highlights FY2024 Performance Highlights • Revenue of $42 million is up 5.1%. • Increase Net Tangible Assets (NTA) by 27%. For personal use only • Reduced our Debt to Total Asset ratio to 17% from 36%. • Net Profit After Tax (NPAT) is up 117% to $2m. • This reflects a $14m turnaround fro
Slide 9: Operational and Financial Review
Operational and Financial Review • Our People are energised with a fresh focus on our • Despite operating in an inflationary environment, operating customers, improving performance and growing LPE. costs remained stable coupled with the benefit of the debt • Our focused strategy and business plan ha
Slide 10: The Future Energy Market
Strategic Outlook – the Future Energy Market The future market will be more dynamic, complex and customer-focused. Electricity needs Now By 2030 By 2050 in and beyond Widespread the home electrification For personal use only 21 GW 36 GW 86 GW DISTRIBUTED High CER New and emerging SOLAR PV penetratio
Slide 11: Benefits of an Embedded Network
Strategic Outlook – Benefits of an Embedded Network What is an Embedded Network? Embedded Networks (EN) are private electricity networks that serve multiple premises, such as in apartment blocks, caravan parks and shopping centres. In an EN the electrical wiring is configured in such a way to allow
Slide 12: Our Customers and Communities
Strategic Outlook – Our Customers and Communities There continues to be a growing market and opportunity for Embedded Networks For personal use only $17.7bn 500,000 QLD Growth traded in FY23-24, suppling The AEMC estimates 500,000 Queensland has over 54,000 By 2046 the SEQ population is 9 million cu
Slide 13: Towards 2030
Strategic Outlook – Towards 2030 • In FY2025, the Board expects continued growth from our • With a focus on improving outcomes for all stakeholders, core embedded network business. LPE has adopted a five-year strategy with the following three • We will continue to implement a simpler, more efficient
Slide 14: Towards 2030
Strategic Outlook – Towards 2030 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Focus on foundations Grow the energy business Lead the multi-utilities offering LPE is the provider of 3 Microgrid Optimisation & VPP Value Stack choice to deliver better local solutions” Demand Tariff Opportunity Customer Capa
Slide 15: FY2025 Priorities
Strategic Outlook – FY2025 Priorities • We acknowledge the importance of our People to the future of LPE, and will continue to invest in our team, culture and requisite capabilities as a key enabler to deliver on our strategy and business performance • LPE funded all capital growth works in FY24 thr
Slide 16: Summary – Tomorrow
Summary – Tomorrow • 2024 was a pivotal year, LPE focused on business fundamentals, revitalised the Board, and appointed a new experienced CEO. • Reflecting on the historical performance and the sentiment of For personal use only investors and customers, it became apparent that LPE was focusing on t
Slide 17: Thank you
For personal use only Thank you Better Energy Solutions
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