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 Q4 2024

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.

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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 17, 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 Power Holdings, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - FLUX

NEW YORK CITY, NY / ACCESSWIRE / September 17, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX). Investors who purchased Flux securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/FLUX.

Bronstein, Gewirtz & Grossman, LLC Encourages Flux Power Holdings, Inc. (FLUX) Investors to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / September 16, 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.

ATTENTION FLUX SHAREHOLDERS: Investors who lost money on Flux Power Holdings, Inc. are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK CITY, NY / ACCESSWIRE / September 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX). Investors who purchased Flux securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/FLUX.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Flux Power Holdings, Inc. (FLUX) And Encourages Investors to Reach Out

NEW YORK, NY / ACCESSWIRE / September 15, 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.

Did Flux Power Holdings, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate- FLUX

Lost Money on Flux Power Holdings, Inc.(FLUX)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK CITY, NY / ACCESSWIRE / September 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX). Investors who purchased Flux securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/FLUX.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Flux Power Holdings, Inc. (FLUX) And Encourages Stockholders to Reach Out

NEW YORK, NY / ACCESSWIRE / September 14, 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 ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Flux Power Holdings, Inc. investment

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Flux Power Holdings, Inc. (“Flux” or the “Company”) (NASDAQ:FLUX) on behalf of Flux stockholders. Our investigation concerns whether Flux has violated the federal securities laws and/or engaged in other unlawful business practices.

FLUX ALERT: Bragar Eagel & Squire, P.C. is Investigating Flux Power Holdings, Inc. on Behalf of Flux Stockholders and Encourages Investors to Contact the Firm

NEW YORK CITY, NY / ACCESSWIRE / September 13, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX). Investors who purchased Flux securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/FLUX.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Flux Power Holdings, Inc. (FLUX) And Encourages Stockholders to Connect

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.

An Investigation Has Commenced on Behalf of Flux Power Holdings, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your FLUX Losses

NEW YORK CITY, NY / ACCESSWIRE / September 12, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX). Investors who purchased Flux securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/FLUX.

Flux Power Holdings, Inc.(FLUX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

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

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