STOCK TITAN
  1. Home
  2. News
  3. LPSIF

LEGEND POWER SYS INC - LPSIF STOCK NEWS

Welcome to our dedicated page for LEGEND POWER SYS news (Ticker: LPSIF), a resource for investors and traders seeking the latest updates and insights on LEGEND POWER SYS stock.

Legend Power Systems Inc. (LPSIF), headquartered in Vancouver, British Columbia, is a global leader in commercial electrical system solutions. The company provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support proactive executive decision-making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.

News

Legend Power Systems Clarifies October 3 Press Release

Rhea-AI Summary
Legend Power Systems provides clarification on operational and sales progress, highlighting potential opportunities in the US Federal Government market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
-
News

Legend Power Systems Announces Significant Operational and Sales Progress

Rhea-AI Summary
Legend Power Systems announces CAD$8 million in order commitments and an additional US$8 million in commitments for larger systems. The U.S. Federal Government could account for over 10,000 systems, and there is a verbal commitment for 300+ systems from a major US municipal government customer. The company has US$75 million of pending proposals and US$125 million of near-term opportunities. Legend Power Systems estimates that the current 200 potential customers in the sales funnel could be worth over US$2 billion. The company has renewed its agreement with Sophic Capital Inc. as its Investor Relations firm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.06%
Tags
none
-
News

Legend Power Announces Issuance of Equity Incentives

Rhea-AI Summary
Legend Power Systems approves grant of 1,850,000 incentive stock options
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News

Legend Power Systems Reports Q3 F2023 Financial Results

Rhea-AI Summary
Legend Power Systems reports Q3 F2023 financial results with revenue of $470k, an adjusted EBITDA loss of $884k, and a net loss of $1 million. The company completed a non-brokered private placement for gross proceeds of $2.5 million. Late-stage deals could bring over $10 million in new potential bookings. The Green Proving Ground program and channel sales team are progressing well. Gross margin in Q3 F2023 was 22%, compared to 5% in Q3 F2022. Adjusted EBITDA was negative $883,821. Net loss for Q3 F2023 was $1,018,568.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News

Legend Power Schedules Fiscal Q3 2023 Financial Results Release and Conference Call

Rhea-AI Summary
Legend Power Systems Inc. will release its Q3 2023 financial results for the nine months ended June 30, 2023, on August 25, 2023. The company has scheduled a conference call to discuss the results on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News

Legend Power Announces Recording Now Available for Fiscal Q2 2023 Financial Results Conference Call

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News

Legend Power Announces Correction to Dial-In Number for Financial Results Conference Call

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News

Legend Power(R) Systems Reports Q2 F2023 Financial Results

Rhea-AI Summary
Legend Power Systems reports financial results for Q2 F2023, with revenue of $74k, adjusted EBITDA loss of $1.04m, and net loss of $1.19m. Cash at $1.5m, no debt, and $3.15m in working capital. Green Proving Ground program proceeding well. Several customers report $2 of maintenance savings for every $1 of energy savings. Sales activity strong with potential bookings of over $10m. SmartGATE deployed in key commercial real estate verticals. Channel sales team growing reseller and ESCO relationships. Planning for increased capacity underway. Revenue for Q2 2023 at $74k compared to $343k in Q2 2022. Gross margin negative 7% compared to 17% in Q2 2022. Adjusted EBITDA loss of $1.04m compared to $1.32m loss in Q1 2022. Net loss of $1.19m compared to $1.48m loss in Q2 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News

Legend Power Schedules Fiscal Q2 2023 Financial Results Release and Conference Call

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News

Legend Power Systems to Present at the Planet MicroCap Showcase: VIRTUAL 2022 on Wednesday, December 7, 2022 at 8:00 AM ET

Rhea-AI Summary

Legend Power Systems Inc. (TSXV:LPS) will present at the Planet MicroCap Showcase: VIRTUAL 2022 on December 7, 2022, at 8:00 AM ET. CEO Randy Buchamer will discuss the company's SmartGATE solutions, focusing on opportunities with commercial real estate operators and government agencies. He highlighted a strong sales pipeline and improved supply chain. Interested investors can register for the event online for live access and future webcasts. Legend Power specializes in energy management, promoting sustainability and efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences

FAQ

What is the current stock price of LEGEND POWER SYS (LPSIF)?

The current stock price of LEGEND POWER SYS (LPSIF) is $0.17005 as of January 22, 2025.

What is the market cap of LEGEND POWER SYS (LPSIF)?

The market cap of LEGEND POWER SYS (LPSIF) is approximately 19.5M.

Where is Legend Power Systems Inc. headquartered?

Legend Power Systems Inc. is headquartered in Vancouver, British Columbia.

What does Legend Power Systems Inc. specialize in?

Legend Power Systems Inc. is a global leader in commercial electrical system solutions, providing an intelligent energy management platform.

What are the key features of Legend Power's solutions?

The proprietary and patented system of Legend Power reduces total energy consumption and power costs, maximizing the life of electrical equipment.

How does Legend Power contribute to corporate sustainability efforts?

Legend Power's unique solution is a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets.

Who hosts the scheduled webinars for Legend Power Systems Inc.?

The webinars are hosted by Randy Buchamer, the President and Chief Executive Officer of Legend Power Systems Inc.
Stock LPSIF logo
LEGEND POWER SYS INC

OTC:LPSIF

LPSIF Rankings

N/A Ranked by Market Cap
N/A Ranked by Dividends

LPSIF Stock Data

19.48M
114.93M
14.82%
Electrical Equipment & Parts
Industrials
Link
United States of America
Vancouver