Flux Power Holdings

Flux Power Holdings, Inc. engages in the design, development, and sale of rechargeable lithium-ion energy storage systems for industrial applications. It focuses on electric fork lifts and airport ground support equipment. The company was founded by Christopher L. Anthony and Michael Johnson on September 21, 1998 and is headquartered in Vista, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q1 2025

FLUX Q1 2023: Revenue Growth and Margin Improvement Amid Supply Chain Challenges

FLUX Q1 2023: Revenue growth, improved margins, and operational efficiencies. Supply chain challenges impacting backlog, but opportunities for increased working capital and continued revenue growth.

Flux Power Holdings reports stellar Q2 results and eyes growth

Flux Power Holdings delivered robust Q2 2023 results, marked by significant revenue growth, improved profitability, and operational enhancements.
While facing challenges in managing expenses and supply chain disruptions, the company's strong customer base, enhanced margins, and cost-saving measures provide a solid footing for future growth.
By leveraging new customer acquisitions, operational efficiencies, and a healthy backlog, Flux Power Holdings is well-positioned to capitalize on growth opportunities and navigate industry challenges.

Flux Power reports strong Q3 earnings, focuses on growth strategies

Flux Power Holdings delivered robust financial performance in Q3 2023, driven by revenue growth and margin improvement, despite challenges in order backlog and supply chain disruptions.
Strategic strengths in customer relationships, operational investments, and financial stability position the company well for future growth and profitability.
Opportunities in margin enhancement, customer expansion, and operational optimization underscore a proactive approach to driving sustainable business success.

Flux Power reports strong Q4 earnings, eyes growth strategies

Flux Power Holdings demonstrated robust growth and improved financial metrics in Q4 2023.
While challenges persist in achieving profitability, strategic initiatives aim to address them.
Opportunities for expansion and market diversification present avenues for sustained growth.

Flux Power Holdings reports Q1 progress, eyes growth opportunities

Flux Power Holdings navigated Q1 2024 with a focus on financial stability, innovation, and growth despite revenue challenges.
The company's strategic initiatives, including new product launches and international sales exploration, position it for future success.
While facing order backlog fluctuations and margin targets, Flux Power Holdings remains optimistic about its path to sustainable profitability.

Flux Power reports revenue growth and targets sustained profitability

Flux Power Holdings delivered strong financial performance in Q2 2024, with revenue and gross profit showing notable increases.
The company's strategic focus on operational efficiencies, profitability, and growth initiatives underscores a positive outlook for sustained success.
While facing challenges like uncertain sales order timing, Flux Power's proactive approach to partnerships and market opportunities positions it for future growth.

Flux Power Holdings tackles revenue challenges with growth strategies

Flux Power Holdings faces challenges from revenue decline and financial covenant revisions but is actively pursuing revenue growth through sales expansion and cost reduction initiatives.
Strategic strengths lie in leveraging industry expertise for quick revenue gains, cost reduction efforts, and exploring diversification opportunities in adjacent markets like military batteries.
Opportunities for growth include exploring new sectors, scaling operations through partnerships, and enhancing profitability through increased gross margins and cost efficiencies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Flux Power Holdings, Inc. engages in the design, development, and sale of rechargeable lithium-ion energy storage systems for industrial applications. It focuses on electric forklifts and airport ground support equipment. The company was founded by Christopher L. Anthony and Michael Johnson on September 21, 1998 and is headquartered in Vista, CA.

NEW YORK, NY / ACCESSWIRE / September 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Flux Power Holdings, Inc. ("Flux Power Holdings, Inc.") (NASDAQ:FLUX) concerning possible violations of federal securities laws. On September 5, 2024, in a filing with the U.S. Securities and Exchange Commission ("SEC"), Flux disclosed that its Board of Directors had "concluded that the previously issued audited consolidated financial statements as of and for the fiscal year ended June 30, 2023 and the unaudited consolidated financial statements as of and for the quarters ended September 30, 2023, December 31, 2023, and March 31, 2024 (collectively, the ‘Prior Financial Statements'), which were filed with the [SEC] on September 21, 2023, November 9, 2023, February 8, 2024 and May 13, 2024, respectively, should no longer be relied upon because of errors in such financial statements relating to the improper accounting for inventory and a restatement should be undertaken.

FLUX ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Flux Power Holdings, Inc.

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Flux Power Holdings, Inc. (NASDAQ: FLUX) resulting from allegations that Flux Power may have issued materially misleading business information to the investing public. So What: If you purchased Flux Power securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee.

Rosen Law Firm Encourages Flux Power Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – FLUX

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Write Down $1.7 Million in Obsolete Inventory, Requiring Restatement of Certain Previously Issued Financial Statements.

Flux Power to Write Down $1.7 Million in Obsolete Inventory, Requiring Restatement of Certain Previously Issued Financial Statements

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Expands Commitment to Sustainability with New Partnership for Lithium-ion Battery Recycling.

Flux Power Expands Commitment to Sustainability with New Partnership for Lithium-ion Battery Recycling

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Receives OEM-Approval for New L-Series L36-630|840 Ah Battery Packs for Class 1 3-Wheel Counterbalance Forklifts.

Flux Power Receives OEM-Approval for New L-Series L36-630|840 Ah Battery Packs for Class 1 3-Wheel Counterbalance Forklifts

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Investor Tours at its Lithium-Ion Battery Pack Manufacturing Facility in Vista, California on Wednesday, August 7, 2024.

Flux Power to Host Investor Tours at its Lithium-Ion Battery Pack Manufacturing Facility in Vista, California on Wednesday, August 7, 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Present at the iAccess Alpha Best Ideas Summer Conference on Tuesday June 25, 2024.

Flux Power to Present at the iAccess Alpha Best Ideas Summer Conference on Tuesday, June 25, 2024

Flux Power Holdings, Inc. (NASDAQ:FLUX ) Q3 2024 Results Conference Call May 9, 2024 4:30 PM ET Company Participants Maria Rico - Marketing Manager Ron Dutt - Chief Executive Officer Kevin Royal - Chief Financial Officer Conference Call Participants Rob Brown - Lake Street Capital Markets Eric Stine - Craig-Hallum Matthew Galinko - Maxim Group Craig Irwin - ROTH Capital Partners Operator Greetings, and welcome to the Flux Power Holdings Third Quarter Fiscal Year 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Flux Power Holdings, Inc. (FLUX) Q3 2024 Earnings Call Transcript

Flux Power Holdings, Inc. (FLUX) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.09 per share a year ago.

Flux Power Holdings, Inc. (FLUX) Reports Q3 Loss, Misses Revenue Estimates

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Reports Fiscal Year 2024 Third Quarter Financial Results.

Flux Power Reports Fiscal Year 2024 Third Quarter Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Fiscal Third Quarter 2024 Results Conference Call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time.

Flux Power to Host Fiscal Third Quarter 2024 Results Conference Call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Appoints Mark Leposky to Board of Directors.

Flux Power Appoints Mark Leposky to Board of Directors

Black Rifle Coffee

Bit Digital, Inc

Baozun

Eventbrite

SEALSQ Corp

Lexinfintech Hlds

We all know the frustration of seeing certain stocks fail to deliver satisfactory results in today's market environment. That has been the case with many stocks that aren't SaaS/AI.

7 Under-$10 Stocks That Will Be Worth $100 (or More!) by 2026

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Unveils New Onboard Integrated Charging Option at MODEX 2024.

Flux Power Unveils New Onboard Integrated Charging Option at MODEX 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Unveil New Battery Pack for Narrow Aisle Forklifts and End Rider/Center Rider Forklifts at MODEX 2024.

Flux Power to Unveil New Battery Pack for Narrow Aisle Forklifts and End Rider/Center Rider Forklifts at MODEX 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Attend the 36th Annual ROTH Conference on March 17-19, 2024.

Flux Power to Attend the 36th Annual ROTH Conference on March 17-19, 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Appoints Kevin Royal as Chief Financial Officer.

Flux Power Appoints Kevin Royal as Chief Financial Officer

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Exhibit at MODEX 2024 Tradeshow March 11-14 at the Georgia World Congress Center in Atlanta.

Flux Power to Exhibit at MODEX 2024 Tradeshow March 11-14 at the Georgia World Congress Center in Atlanta

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Present at the Baird 2024 Vehicle Technology & Mobility Conference on February 29, 2024.

Flux Power to Present at the Baird 2024 Vehicle Technology & Mobility Conference on February 29, 2024

Flux Power Holdings, Inc. (FLUX) Q2 2024 Earnings Call Transcript

Flux Power Holdings, Inc. (FLUX) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.10 per share a year ago.

Flux Power Holdings, Inc. (FLUX) Reports Q2 Loss, Tops Revenue Estimates

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Reports Fiscal Year 2024 Second Quarter Financial Results.

Flux Power Reports Fiscal Year 2024 Second Quarter Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Participate in the Future of Electrification 2024 Virtual Conference on Wednesday, February 7, 2024, at 12:00 PM Eastern Time.

Flux Power to Participate in the Future of Electrification 2024 Virtual Conference on Wednesday, February 7, 2024, at 12:00 PM Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Fiscal Second Quarter 2024 Results Conference Call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time.

Flux Power to Host Fiscal Second Quarter 2024 Results Conference Call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time

Flux Power Holdings, Inc. (FLUX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

News for Flux Power Holdings Stock (FLUX)