Legend Power Systems Inc. (V:LPS*CA)

Business Focus: Electrical Transmission & Grid Equipment

Sector:  Industrials Industry:  Heavy Electrical Equipment
 
Company Contact
Address: 1480 Frances Street,
VANCOUVER BC V5L 1Y9
Tel: N/A
Website: https://legendpower.com
IR: See website
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Key People
Randy G. Buchamer
President, Chief Executive Officer, Director
Florence Tan
Chief Financial Officer, Corporate Secretary
Paul Moffat
Chief Operating Officer
Business Overview
Legend Power Systems Inc. is a Canada-based company, which provides an intelligent energy management platform. The Company's principal business activities are the assembly, marketing and sale of a patented device, the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. The Company operates through two segments: Legend Power Systems Canada and Legend Power Systems Corp. - United States. It markets two complementary offerings: SmartGATE Insights Service and SmartGATE Platform. Its SmartGATE Insights Service measures the high impact attributes of electricity and then applies an array of industry-standard calculations to determine what effects the attributes are having on a building. Its SmartGATE Platform uses patented technology to correct the power issues uncovered by SmartGATE Insights. Its SmartGATE product is deployed in commercial real estate verticals such as multi-family residential, hospitality, big box retail and commercial office.
Financial Overview
For the three months ended 31 December 2023, Legend Power Systems Inc revenues decreased 100% to C$2K. Net loss increased 8% to C$1.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Warranty expense (recovery) increase from C$37K (income) to C$16K (expense), Foreign exchange loss (gain) increase from C$1K (income) to C$4K (expense).
Employees: 25 as of Sep 30, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $18.33M as of Dec 31, 2023
Annual revenue (TTM): $0.70M as of Dec 31, 2023
EBITDA (TTM): -$4.06M as of Dec 31, 2023
Net annual income (TTM): -$4.26M as of Dec 31, 2023
Free cash flow (TTM): -$2.96M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 131,694,417 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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