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Flux Power to Host Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call on September 16, 2025
Globenewswire· 2025-09-09 12:31
VISTA, Calif., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a leading developer of advanced lithium-ion energy storage solutions for industrial applications, will report its fourth quarter and fiscal year 2025 results on Tuesday, September 16, 2025, after market close. Krishna Vanka, Chief Executive Officer, Kevin Royal, Chief Financial Officer, and Kelly Frey, Chief Revenue Officer, will host a conference call at 4:30 p.m. ET to discuss the Company’s financial results, follo ...
Flux Power and Averest to Showcase Energy Management and Software Solutions for GSE at the International GSE Expo 2025 in Las Vegas
Globenewswire· 2025-09-04 12:31
Core Insights - Flux Power Holdings, Inc. and Averest will showcase integrated energy management solutions at the International GSE Expo, emphasizing innovations that enhance efficiency, sustainability, and smarter ground support operations [1][2] Company Overview - Flux Power is a leader in advanced lithium-ion energy storage and software solutions for airport ground support equipment, material handling, and other industrial applications [1][6] - Averest specializes in customized electric power solutions for the aviation industry, focusing on new charging and battery technologies [5] Event Details - The International GSE Expo is a key event for the global ground support equipment industry, featuring manufacturers, suppliers, and service providers [2] - Flux Power and Averest will demonstrate integrated lithium-ion battery and energy management software solutions aimed at improving performance, reducing operating costs, and minimizing environmental impact [2] Product Highlights - Flux Power's offerings include the M24 charger for in-field recovery charging, G80 420 for enhanced performance and maintenance, G96 4P for higher voltage and capacity, and the SkyEMS 2.0 energy management solution [7][8] - The SkyEMS platform provides operators with insights into fleet performance, charging behavior, and maintenance needs, enabling data-driven decisions [3][7] Industry Trends - The aviation industry is rapidly transitioning to cleaner and more reliable ground operations, with a focus on sustainability and efficiency [3][5]
Plug Power vs. Flux Power: Which Clean Energy Stock Has Greater Upside?
ZACKS· 2025-08-29 16:06
Core Insights - Plug Power Inc. and Flux Power Holdings, Inc. are key players in the clean energy market, focusing on advanced energy storage solutions for commercial and industrial applications [2][3] - Plug Power is experiencing challenges with declining hydrogen site installations and negative gross margins, while Flux Power is benefiting from strong demand for its energy storage solutions [11][20] Plug Power Analysis - Plug Power's hydrogen site installations decreased from 52 to 15 year-over-year in 2024, and further declined to four in the first half of 2025 [4] - The company reported a gross margin of negative 31% in Q2 2025, an improvement from negative 92% in the same quarter the previous year [5] - Operating cash outflow for the first half of 2025 was $297.4 million, down from $422.5 million year-over-year [5] - To address liquidity issues, Plug Power raised $267.5 million from equity sales in Q1 2025 and $857.9 million in 2024 [6] - The company is focused on scaling its business and investing in hydrogen plants, with a loan guarantee of $1.66 billion from the U.S. Department of Energy to support new production facilities [8] - Project Quantum Leap aims to generate over $200 million in annualized savings and improve cash flow [9] Flux Power Analysis - Flux Power is experiencing increased demand for its energy storage solutions, particularly in the material handling and ground support markets [10] - The company reported strong revenue growth and margin improvement in Q3 of fiscal 2025, supported by product expansion and new airline customers [10][12] - Flux Power launched the G-Series G96 High Voltage lithium-ion energy solution and received a patent for its AI-based battery technology [13] - However, the company faces challenges with lower orders in the new forklift category due to reduced capital spending [14] - Flux Power's accumulated deficit was $105.2 million, with cash flows from operations totaling $2.2 million [14] Financial Estimates - The Zacks Consensus Estimate for Plug Power's 2025 sales is $707 million, reflecting a year-over-year growth of 12.4%, with an expected loss of 63 cents per share [15] - For Flux Power, the fiscal 2025 sales estimate is approximately $66.3 million, indicating a 9% growth year-over-year, with an expected loss of 42 cents per share [16] Stock Performance - Over the past six months, Plug Power's shares increased by 8.6%, while Flux Power's stock rose by 25.6% [18] - Both companies are currently trading at a negative forward price-to-earnings ratio [18] Conclusion - Plug Power's long-term potential in the green hydrogen market is countered by current operational challenges, while Flux Power's strength in lithium-ion solutions positions it for growth [20][21] - Given the current circumstances, Flux Power appears to be a more favorable investment choice compared to Plug Power [23]
Flux Power to Participate at Upcoming Financial Conferences
Globenewswire· 2025-08-25 20:05
Company Participation in Financial Conferences - Flux Power Holdings, Inc. will participate in the H.C. Wainwright Annual Global Investment Conference on September 10, 2025, at Lotte NY Palace Hotel, New York, NY [1] - The company will also attend the Lake Street Big 9 Ideas Growth Conference on September 11, 2025, at The Yale Club, New York, NY [2] - CEO Krishna Vanka and CFO Kevin Royal will be available for meetings with registered attendees at both events [2] Company Overview - Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions for various industrial and commercial sectors, including material handling and airport ground support equipment [3] - The company's lithium-ion battery packs offer a better performance, lower cost of ownership, and more environmentally friendly alternative compared to traditional lead-acid and propane-based solutions [3] - Flux Power's products contribute to reducing CO2 emissions and improving sustainability and ESG metrics for fleets [3]
Flux Power Secures $1.2M+ Additional Order from Major North American Airline
Globenewswire· 2025-08-21 12:31
Core Insights - A major airline has made a $1.2 million investment in Flux Power's G80 lithium-ion energy solution combined with the SkyEMS platform to enhance ground support equipment operations while reducing emissions and costs [1][2][4] - The G80 solution provides real-time insights into fleet performance, asset health, and maintenance needs, enabling predictive maintenance and maximizing uptime, which aligns with the airline's sustainability targets [2][4] - The partnership with Averest, a specialist in aviation electrification, has been crucial in facilitating this order, highlighting the importance of expertise in deploying high-performance solutions in airport operations [3][4] Company Overview - Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions for various sectors, including airport ground support equipment, offering a more environmentally friendly alternative to traditional lead-acid and propane-based solutions [6] - The G80 solution is characterized by integrated hardware and software that provides real-time monitoring, diagnostics, and predictive alerts, contributing to operational intelligence and sustainability [8] Market Trends - The adoption of intelligent lithium-ion solutions in aviation is gaining momentum, with additional orders from the airline expected in the near future, indicating a shift towards cleaner energy alternatives in the industry [4]
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
Core Insights - Flux Power Holdings, Inc. has been awarded a patent for a new battery charge balancing technology called Predictive Quantum Balancing, aimed at optimizing performance, extending battery life, and reducing downtime in critical applications [1][2] Group 1: Technology and Innovation - The patented system enhances Flux Power's proprietary Battery Management System (BMS) by utilizing an intelligent, data-driven method for managing charge distribution at the cell level, which learns from past behavior to improve future performance [2] - Predictive Quantum Balancing continuously monitors cell behavior, logs imbalance trends, and assigns custom "bleed-off" durations to specific cells during charge cycles to maintain 100% of the total pack capacity [3] Group 2: Benefits and Applications - The technology aims to improve real-world uptime, battery longevity, and total cost of ownership for customers, particularly in sectors like material handling, ground support equipment, and logistics [4][6] - Key benefits include extended battery life, faster and smarter charging, predictive maintenance capabilities, and fleet performance optimization, which enhance operational efficiencies and strategic business insights [6] Group 3: Company Overview - Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions for various industrial and commercial sectors, providing a more environmentally friendly alternative to traditional lead-acid and propane-based solutions [4]
Flux Power Recognized Among Financial Times’ Fastest Growing Companies in the Americas 2025
Globenewswire· 2025-07-22 13:00
Core Insights - Flux Power Holdings Inc. has been included in the Financial Times list of the Americas' Fastest Growing Companies 2025, reflecting strong customer adoption of lithium-ion energy solutions and market expansion across various industrial sectors [1][2] Company Performance - The inclusion in the FT list highlights Flux Power's continued expansion and momentum in delivering efficient and sustainable energy solutions to sectors such as material handling, airport ground support equipment, and stationary storage [2][3] - The recognition is seen as strong market validation of Flux Power's advanced energy solutions, with a focus on operational efficiency and accelerating adoption across key industries [3] Leadership and Strategy - CEO Krishna Vanka emphasized the company's commitment to driving a cleaner future through an expanded partner ecosystem and integrated telemetry, enhancing operational performance while lowering emissions [3] - CFO Kevin Royal noted that new executive leadership is focused on improving operational efficiency and expanding technology and service capabilities [3] Product Offerings - Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions, providing a better-performing and more environmentally friendly alternative to traditional lead-acid and propane-based solutions [4] - The company's lithium-ion battery packs help reduce CO2 emissions and improve sustainability and ESG metrics for fleets [4]
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]