Legend Power Systems Inc. (LPS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Legend Power Systems Physical 2025 Q2 Investor Call. I'm Randy Buckemer, Legend Power's Chief Executive Officer. We're pleased to have you join us on the call today and discuss our corporate progress, our financial results for the second quarter of Physical 2025, which were the three months that ended March 31st, 2025. Please note that certain statements in this call may be forward-looking in nature. These include statements involving known and unknown risks, uncertainties and other factors that could actual changing results and differ material from those expressed or implied in our forward-looking statements. For more information about Legends forward-looking statements and risk factors, please see our management discussion analysis, which was filed on CEDAR yesterday under our company profile at cedarplus.ca. I'm joined by Florence Tan, who is our CFO, Paul Moffitt, COO, Mike Ciosi, who is our VP Sales and Marketing. Florence, as usual, will provide a great financial update and highlight an overview of the quarter. Paul will update you on the great progress made while managing in a tight cash environment. The team continues to reduce costs and cost of goods, strengthening margins and improving supply chain and production capabilities. Paul's team continues to enhance and build Gen 3 solutions with great success. Mike will update you on the exciting Gen 3 solution market performance and customer acceptance. Further development of the five key relationships or pillars continue to show they will be the driving forces of our sales growth. The sales team has secured several outstanding partners that are keen to grow their businesses with Legend Solutions. We've operated in a tight cash environment for the last couple of years, and Q2 continue...