Brief: Locality Planning Energy Secures A$10Mln Credit Facility From Roadnight Capital

Locality Planning Energy Holdings

08/12/2022 06:19

Dec 8 (Reuters) - Locality Planning Energy Holdings Ltd
 LPE.AX :
    * SECURED A A$10M CREDIT FACILITY FROM FUNDING PARTNER,
ROADNIGHT
CAPITAL
    * ANTICIPATES POTENTIALLY EXPANDING EBITDA MARGINS IN FY24
    * BOARD ANTICIPATES FY23'S CURRENT A$40M REVENUE GUIDANCE TO
BE
EXCEEDED WITH INCREASED REVENUES
    * SEES REVENUES IN FY24 TO MATERIALLY INCREASE AS GROWTH IN
CUSTOMER BASE VIA DEPLOYMENT OF FACILITY DURING REMAINDER OF
FY23
    * WILL PURSUE ACQUISITION OPPORTUNITIES TO FURTHER GROW
EMBEDDED
NETWORK CUSTOMER BASE

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