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.

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.

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Closes New $15 Million Credit Facility with Gibraltar Business Capital.

Flux Power Closes New $15 Million Credit Facility with Gibraltar Business Capital

Phoenix, Arizona--(Newsfile Corp. - May 31, 2023) - The Stock Day Podcast welcomed Flux Power Holdings, Inc. (NASDAQ: FLUX) ("the Company"), a company that could see revenues swell towards $70 million as more Fortune 500 customers integrate its lithium-ion energy storage solutions for electrification across a range of industrial commercial applications. Flux CEO Ron Dutt joined Stock Day host Kevin Davis for an overview of the trends and issues behind a Company achieving 19 consecutive quarters of year-over-year growth providing cleaner energy solutions to power some of the largest fleets of material handling, airport ground support equipment, and stationary energy storage.

Flux Power Holdings, Inc. Discusses Significant Revenue, Customer Growth with The Stock Day Podcast

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Present at LD Micro Invitational XIII Conference on June 6, 2023.

Flux Power to Present at LD Micro Invitational XIII Conference on June 6, 2023

Flux Power Holdings, Inc. (NASDAQ:FLUX ) Q3 2023 Earnings Conference Call May 11, 2023 4:30 PM ET Company Participants Sean Stewart - Investor Relations Ron Dutt - Chief Executive Officer Chuck Scheiwe - Chief Financial Officer Conference Call Participants Chip Moore - EF Hutton Matthew Galinko - Maxim Group Operator Greetings and welcome to the Flux Power Holdings Third Quarter Fiscal 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Flux Power Holdings, Inc. (FLUX) Q3 2023 Earnings Call Transcript

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Reports 3rd Quarter Fiscal 2023 Financial Results.

Flux Power Reports 3rd Quarter Fiscal 2023 Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Announces UL Solutions List Status for Next-Generation G2 Series Battery Platform.

Flux Power Announces UL Solutions List Status for Next-Generation G2 Series Battery Platform

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has renewed the available credit under its existing facility with Silicon Valley Bank, a division of First Citizens Bank (“SVB Facility”), of $14.0 million to support higher working capital requirements related to increased customer demand.

Flux Power Renews $14 Million Credit Facility with First Citizens Bank

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Fiscal Third Quarter 2023 Results Conference Call on Thursday, May 11, 2023 at 4:30 p.m. Eastern Time.

Flux Power to Host Fiscal Third Quarter 2023 Results Conference Call on Thursday, May 11, 2023 at 4:30 p.m. Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced it is opening a new Atlanta facility on May 1, 2023 to supplement its customer support services in response to growth in nationwide sales of lithium-ion battery packs.

Flux Power Announces Opening of Strategic Support Center in Atlanta to Accelerate Customer Expansion

Phoenix, Arizona--(Newsfile Corp. - March 27, 2023) - The Stock Day Podcast welcomed Flux Power Holdings, Inc. (NASDAQ: FLUX) ("the Company"), a company that designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. CEO of the Company, Ron Dutt, joined Stock Day host Everett Jolly.

Flux Power Holdings, Inc. CEO, Ron Dutt, Discusses Increasing Demand of Lithium-ion Energy Storage Among Fortune 500 Companies with The Stock Day Podcast

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that it will participate in the upcoming ProMat 2023, the material handling and logistics industry's premier global event, taking place March 20 to 23, 2023 at the McCormick Place Convention Center in Chicago.

Flux Power to Showcase Existing and New Product Lines at ProMat 2023, March 20-23, 2023

Flux Power Holdings, Inc. (FLUX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Flux Power Holdings, Inc. (FLUX) is on the Move, Here's Why the Trend Could be Sustainable

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will host an investor and analyst day on Wednesday, March 15, 2023, from 9:30 a.m. PT to 1:45 p.m. PT at its company headquarters and manufacturing facility in Vista, California.

Flux Power to Host Investor and Analyst Tours at its Lithium-Ion Battery Pack Manufacturing Facility in Vista, California on Wednesday, March 15, 2023

Flux Power Holdings, Inc. (FLUX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Recent Price Trend in Flux Power Holdings, Inc. (FLUX) is Your Friend, Here's Why

Flux Power Holdings, Inc. (NASDAQ:FLUX ) Q2 2023 Earnings Conference Call February 9, 2023 4:30 PM ET Company Participants Ron Dutt - Chief Executive Officer Chuck Scheiwe - Chief Financial Officer Conference Call Participants Amit Dayal - H.C. Wainwright Chip Moore - EF Hutton Matthew Galinko - Maxim Group Operator Greetings, and welcome to the Flux Power Holdings Second Quarter Fiscal 2023 Financial Results Conference Call.

Flux Power Holdings, Inc. (FLUX) Q2 2023 Earnings Call Transcript

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has reported its financial and operational results for the fiscal second quarter ended December 31, 2022.

Flux Power Reports 2nd Quarter Fiscal 2023 Financial Results

VISTA, Calif.--( BUSINESS WIRE )--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, February 9, 2023 at 4:30 p.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2022. A press release detailing these results will be issued prior to the call.

Flux Power to Host Fiscal Second Quarter 2023 Results Conference Call on Thursday, February 9, 2023 at 4:30 p.m. Eastern Time

VISTA, Calif.--( BUSINESS WIRE )--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the expansion of in-house testing and product validation capabilities with all equipment needed to satisfy UL 2580 and UN/DOT 38.3 compliance testing, including an onsite vibration table.

Flux Power Expands Testing and Product Validation Capabilities with On-Site Vibration Table

Flux Power reported its FQ1 2023 financial results on November 10, 2022. The firm designs and sells lithium-ion battery packs for a variety of industrial and related applications.

Flux Power Improves Supply Chain To Increase Delivery Cadence

SVB Financial Group

VISTA, Calif.--( BUSINESS WIRE )--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has expanded the available credit under its existing facility with Silicon Valley Bank (“SVB Credit Facility”). The amended agreement increases the available capacity of the facility from $8 million to $14.0 million to support higher working capital requirements related to increased customer demand.

Flux Power Announces Expanded $14 Million Credit Facility with Silicon Valley Bank

If you are looking for stocks that are well positioned to maintain their recent uptrend, Flux Power Holdings, Inc. (FLUX) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on Flux Power Holdings, Inc. (FLUX)

VISTA, Calif.--( BUSINESS WIRE )--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has expanded the role of Jeff Mason, Vice President of Operations, to include additional Company authority and delegation. In this role, Jeff will continue to strategically lead operations to ensure quality and efficiency in supply chain, logistics and manufacturing.

Flux Power Announces Expanded Executive Role

Flux Power Holdings, Inc. (NASDAQ:FLUX ) Q1 2023 Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Peter Geantil - Director of Product Development and Marketing Ron Dutt - CEO Chuck Scheiwe - CFO Conference Call Participants Chip Moore - EF Hutton Amit Dayal - H.C. Wainwright Matthew Galinko - Maxim Group Operator Greetings, and welcome to the Flux Power Holdings First Quarter Fiscal 2023 Financial Results Conference Call.

Flux Power Holdings, Inc. (FLUX) Q1 2023 Earnings Call Transcript

Flux Power Holdings, Inc. (FLUX) delivered earnings and revenue surprises of -8.33% and 15.47%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Flux Power Holdings, Inc. (FLUX) Reports Q1 Loss, Tops Revenue Estimates

VISTA, Calif.--( BUSINESS WIRE )--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has reported its financial and operational results for the fiscal first quarter ended September 30, 2022.

News for Flux Power Holdings Stock (FLUX)