Welcome to our dedicated page for Legend Pwr Sys news (Ticker: LPSIF), a resource for investors and traders seeking the latest updates and insights on Legend Pwr Sys stock.
Legend Pwr Sys Inc. (LPSIF) specializes in intelligent energy management solutions through its SmartGATE platform, optimizing electrical systems for commercial and public sector facilities. This dedicated news hub provides stakeholders with authoritative updates on financial developments, technological breakthroughs, and strategic initiatives.
Find verified press releases covering earnings announcements, facility deployments, government partnerships, and system upgrades. Our curated content enables investors to track LPSIF's progress in addressing power quality challenges and energy cost reduction across multiple sectors.
The resource features updates on SmartGATE implementation milestones, regulatory compliance achievements, and cross-industry collaborations. All content is structured to support analysis of the company's market position within the evolving energy optimization landscape.
Bookmark this page for immediate access to LPSIF's official communications and sector-specific analyses. Regular updates ensure continuous awareness of developments impacting energy efficiency investments and operational best practices.
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.
Legend Power Systems Inc. reports Q3 F2022 financial results, revealing a revenue of $1.03 million, an increase from $343,000 in Q2 F2022 but down from $1.27 million in Q3 F2021. Adjusted EBITDA loss worsened to $1.24 million, up from $706,000 a year ago. Net loss also increased to $1.49 million from $946,000. The company reduced annual costs by $1 million and launched a new Partner Portal. Cash on hand is $4.68 million with no debt. Management plans to capitalize on a strong sales pipeline despite ongoing supply chain issues.
Legend Power Systems Inc. (LPSIF) will release its Q3 2022 financial results on August 25, 2022. The announcement follows a nine-month period ending June 30, 2022. A conference call to discuss the financial results and provide a business update is also scheduled for the same day at 4:00 PM ET, hosted by CEO Randy Buchamer. The call can be accessed through a toll-free number or online. Legend Power focuses on intelligent energy management solutions that enhance corporate performance and asset management.
Legend Power Systems (TSXV:LPS) has been selected to provide SmartGATE Systems for evaluation by the U.S. General Services Administration (GSA) as part of its Green Proving Ground program. This initiative aims to assess innovative technologies in about 1,800 federal buildings to enhance energy efficiency and reduce operational costs. SmartGATE technology, which identifies underperformance in electrical systems, is also being evaluated in New York's IDEA program. The partnership includes collaboration with the U.S. Department of Energy and Oakridge National Laboratory.
Legend Power Systems has approved the grant of 1,250,000 stock options to acquire common shares, pending TSX Venture Exchange approval.
Of these, 600,000 were granted to executive officers, exercisable until June 13, 2027, at a price of $0.185 per share. The options will vest in installments over time.
This move aims to strengthen the company's management incentives and aligns with its focus on providing intelligent energy management solutions that reduce energy consumption and support corporate sustainability efforts.
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