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Flux Power Secures $1.2M+ Additional Order from Major North American Airline
Globenewswire· 2025-08-21 12:31
Order Includes Multiple G80 Energy Solutions with Multi-Year SkyEMS Software Subscription via Integrated TelemetryVISTA, Calif., Aug. 21, 2025 (GLOBE NEWSWIRE) -- At airports across North America, airlines are rethinking how to keep operations moving while cutting emissions and costs. For one major airline, the answer came in the form of a $1.2M+ investment in Flux Power’s G80 lithium-ion energy solution with the SkyEMS platform, a powerful combination of hardware and software designed to transform ground s ...
Flux Power and Delta-Q Technologies to Host Joint Webinar: “Electrifying Warehouse & GSE Operations: A Guide to Lithium-Ion Transition”
GlobeNewswire News Room· 2025-08-07 09:31
Core Viewpoint - Flux Power Holdings, Inc. is collaborating with Delta-Q Technologies to host a webinar aimed at guiding OEMs and fleet operators in transitioning to lithium-ion energy solutions for warehouse and ground support equipment operations [1][2]. Group 1: Webinar Details - The webinar titled "Electrifying Warehouse & GSE Operations: A Guide to Lithium-Ion Transition" is scheduled for August 27, 2025, at 8:00 AM PT / 11:00 AM ET [1]. - The session will focus on the integration of smart battery and charging technologies, which are essential for the electrification and automation of material handling and GSE industries [2]. Group 2: Key Topics and Insights - Key topics include evaluating readiness for lithium-ion adoption, maximizing efficiency through space reclamation and energy reduction, and innovations in charging solutions [7]. - Flux Power aims to simplify the electrification process for OEMs and fleet operators, providing a technical roadmap for efficient transitions [3]. - Delta-Q emphasizes the importance of system-level thinking in electrification, highlighting the need for engineered battery systems and charging solutions to unlock the full potential of lithium power [4]. Group 3: Company Backgrounds - Delta-Q Technologies specializes in electrification solutions for various vehicles, offering battery chargers ranging from 350 W to 36 kW [5]. - Flux Power designs and manufactures advanced lithium-ion energy storage solutions, focusing on sectors such as material handling and airport ground support equipment [6][8].
Flux Power Awarded New Patent for Predictive Quantum Balancing
Globenewswire· 2025-08-05 12:31
Patent covers a breakthrough approach to battery charge balancing technology to optimize performance, extend battery life, and reduce downtime.VISTA, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a leading developer of advanced lithium-ion energy storage solutions and software-driven electrification for commercial and industrial equipment, today announced it has been awarded another patent by the U.S. Patent and Trademark Office. The patent covers a breakthrough approac ...
Flux Power Secures a New $2M+ Purchase Order from Major N.A. Airline for G80 Lithium-Ion Battery Packs
Globenewswire· 2025-07-01 12:33
Core Insights - Flux Power Holdings, Inc. has received a significant purchase order from a major U.S. airline for 120 units of its G80-420 lithium-ion battery packs, valued at over $2 million, to be delivered throughout 2025 [1][2][3] - The order signifies a shift towards data-enabled, zero-emission equipment in airport operations, despite challenges from trade policies and economic pressures [2][3] - The G80-420 battery packs are designed for high-intensity ground support equipment (GSE) applications, featuring modular architecture for fast service and embedded telematics for real-time insights [4][5] Company Overview - Flux Power specializes in advanced lithium-ion energy storage solutions for various sectors, including airport ground support equipment, offering a more environmentally friendly alternative to traditional energy sources [7] - The company emphasizes the integration of intelligence, adaptability, and serviceability in its energy platform, aiming to enhance operational efficiency and sustainability for its customers [5][7] Partnership and Collaboration - The order was secured through collaboration with Averest, a key player in the GSE space, which has a strong understanding of airport fleet challenges [3][4] - Averest focuses on providing customized electric power solutions for the aviation industry, contributing to the transition towards cleaner energy systems [6]
Fluxys Belgium: Regulated information - Payment of dividend
Globenewswire· 2025-05-13 16:00
Dividend Distribution - The Ordinary General Meeting of Shareholders on 13 May 2025 approved a dividend distribution for the financial year 2024, setting the gross amount at EUR 1.40 per share [1] - After a 30% withholding tax, the net dividend will be EUR 0.98 per share, payable starting from 21 May 2025 [1] - The ex date for the dividend is set for 19 May 2025, with a record date of 20 May 2025 [1] Payment Process - Dividends for dematerialised shares will be paid automatically by the financial intermediary holding the shares [2] - Registered shares will have dividends paid directly to the shareholders listed in the register [2]
Flux Power Holdings, Inc. (FLUX) Q3 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-11 06:26
Core Viewpoint - Flux Power Holdings, Inc. is conducting its Q3 2025 earnings conference call, indicating a focus on financial results and future outlook [1]. Group 1: Company Overview - The conference call features key company participants including the CEO, CFO, and VP of Operations, highlighting the leadership team's involvement in discussing financial performance [1][5]. - A press release detailing the financial results was issued prior to the call, emphasizing the company's commitment to transparency and investor communication [4]. Group 2: Financial Performance - The call is set to present important factors that may influence the company's predictions regarding its financial performance, indicating a proactive approach to addressing potential uncertainties [4].
Flux Power(FLUX) - 2025 Q3 - Earnings Call Presentation
2025-05-09 01:10
Strategic Initiatives - The company is focused on profitable growth, operational efficiencies, solution selling, building the right products, and increasing software & recurring revenue[20] - The company launched the G96 product, featuring real-time battery performance data monitoring, higher energy capacities, and zero emissions[22, 23, 25, 27] - The company is piloting the SkyEMS AI platform with select customers to support the full life cycle of intelligent batteries, aiming to have every battery cloud-connected[28, 30, 31] Operational Updates - The company is rapidly reviewing and accelerating the evaluation of new suppliers to respond to tariffs[38] - The company is committed to LFP (Lithium Iron Phosphate) while investigating new chemistries[38] - The company is focusing on partnership, supplier diversification, and strengthening the diversified supply chain for the long term[39] - The company is focusing on US capacity expansion, accelerated R&D, tariff-resistant product design, innovation partnerships, margin preservation, sustainable growth, and long-term competitiveness[46]
Flux Power Holdings, Inc. (FLUX) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 22:25
Company Performance - Flux Power Holdings, Inc. reported a quarterly loss of $0.12 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.09, but an improvement from a loss of $0.16 per share a year ago, indicating a surprise of -33.33% [1] - The company posted revenues of $16.74 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 2.62% and showing an increase from $14.46 million in the same quarter last year [2] - Over the last four quarters, Flux Power has not surpassed consensus EPS estimates, but it has topped consensus revenue estimates twice [2] Stock Performance - Flux Power shares have increased by approximately 20.9% since the beginning of the year, contrasting with a decline of -4.3% in the S&P 500 [3] - The company's current consensus EPS estimate for the upcoming quarter is -$0.06 on revenues of $16.61 million, and for the current fiscal year, it is -$0.36 on revenues of $65.9 million [7] Industry Outlook - The Electronics - Miscellaneous Products industry, to which Flux Power belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Flux Power's stock performance [5]
Flux Power(FLUX) - 2025 Q3 - Earnings Call Transcript
2025-05-08 21:32
Financial Data and Key Metrics Changes - Revenue for the third fiscal quarter increased 16% to $16.7 million compared to $14.5 million in the same quarter of the previous year, driven by higher demand in material handling and ground support equipment markets [18] - Gross profit increased 32.5% to $5.3 million, with gross margin rising to 32% from 28% year-over-year [18] - Net loss for the quarter was $1.9 million, an improvement from a net loss of $3 million in the same quarter last year [19] Business Line Data and Key Metrics Changes - The company reported unit growth of 1025% in the material handling and ground support equipment markets [18] - Selling and administrative expenses increased to $5.7 million, primarily due to professional fees related to a multi-year restatement of financial statements [19] - Research and development expenses decreased to $1.1 million, driven by lower salaries and severance costs [19] Market Data and Key Metrics Changes - The company is experiencing increased interest from Tier 1 customers in adopting lithium-ion solutions for distribution centers, indicating a shift towards electrification [30] - The company is seeing a rise in quotation activities as part of its sales force, suggesting a growing demand in the market [31] Company Strategy and Development Direction - The company has aligned five strategic initiatives: profitable growth, operational efficiencies, solution selling, product innovation, and software/recurring revenue [5][7] - The launch of the G96 solution aims to electrify airline drone support equipment, addressing demands for higher power and sustainable operations [8] - The company is focusing on building a diversified and agile supply network to support long-term scalability and innovation [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining operational resilience despite geopolitical complexities and tariff pressures [12] - The company is optimistic about its future, emphasizing the importance of software-driven value and intelligent energy solutions [21] - Management noted that customer commitment to environmental goals remains strong, despite potential impacts from tariffs and subsidy reductions [25] Other Important Information - The company announced a patent award for an AI-based algorithm for Intelligent Battery Lifecycle Maximization, indicating a shift towards becoming a technology-driven energy solutions provider [11] - Cash on hand was $500,000 as of March 31, 2025, reflecting changes in working capital management [20] Q&A Session Summary Question: Sensitivity of customers to pricing actions from tariffs - Management indicated that customers are committed to their ESG goals and the transformation process, with minimal impact from tariffs at this stage [25] Question: Feedback on Sky BMS and potential ROI - Management highlighted that Sky BMS is crucial for customers to realize value, with expected ROI from reduced maintenance visits and better integration with existing technologies [27] Question: Order trends and visibility - Management noted good inventory levels that are not subject to tariffs, anticipating minimal impact on Q4 demand [43] Question: Changes in sales personnel and market penetration - Management reported positive changes from new sales personnel, emphasizing the opportunity to position the company as a software provider with strong battery solutions [36][37] Question: Timeline for deployment of new models - Management confirmed that the G96 model is already in customer testing and production, with plans to expand into higher voltage categories [39]
Flux Power(FLUX) - 2025 Q3 - Earnings Call Transcript
2025-05-08 21:30
Financial Data and Key Metrics Changes - Revenue for Q3 2025 increased by 16% to $16.7 million compared to $14.5 million in Q3 2024, driven by higher demand in material handling and ground support equipment markets [15] - Gross profit for Q3 2025 increased by 32.5% to $5.3 million, with gross margin rising to 32% from 28% in Q3 2024 [15][16] - Net loss for Q3 2025 was $1.9 million, an improvement from a net loss of $3.0 million in Q3 2024 [17] Business Line Data and Key Metrics Changes - Unit growth in material handling and ground support equipment markets was reported at 1025% [15] - Selling and administrative expenses increased to $5.7 million in Q3 2025 from $5.3 million in Q3 2024, primarily due to professional fees related to a multi-year restatement of financial statements [16] Market Data and Key Metrics Changes - The company is experiencing increased interest from Tier 1 customers in adopting lithium-ion solutions for distribution centers, indicating a shift towards electrification despite economic uncertainties [28] Company Strategy and Development Direction - The company has aligned five strategic initiatives: profitable growth, operational efficiencies, solution selling, product innovation, and software/recurring revenue [5][6] - The launch of the G96 solution aims to advance electrification in airline drone support equipment, positioning the company as a technology leader in clean, high-performance ground support equipment [7][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining operational resilience despite tariff pressures and geopolitical complexities, focusing on supplier diversification and domestic assembly capabilities [12][14] - The company anticipates minimal impact from tariff increases in Q4 2025 due to good inventory levels [40] Other Important Information - The company announced a patent award for an AI-based algorithm for Intelligent Battery Lifecycle Maximization, indicating a shift towards becoming a technology-driven energy solutions provider [9][10] Q&A Session Summary Question: Sensitivity of customers to pricing actions from tariffs - Management noted that customers are committed to their ESG goals and transformation efforts, indicating a stable business environment despite tariff impacts [22] Question: Feedback on Sky BMS and potential ROI - Management highlighted that Sky BMS is crucial for customers to realize value, with expected ROI from reduced maintenance visits and better integration with existing technologies [24][25] Question: Adoption of lithium-ion in the forklift market - Management reported increased interest from customers in adopting lithium solutions, with competitors facing challenges due to tariffs, potentially providing a market share advantage [28] Question: Changes from new sales personnel - Management indicated positive changes from new sales personnel, positioning the company as a software provider with strong battery solutions [34] Question: Deployment timeline for G96 model - Management confirmed that the G96 model is in customer testing and production, with expectations for rapid deployment in the GSE market [37]