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Flux Power(FLUX) - 2025 Q4 - Annual Results
2025-09-16 20:16
[Overview and Business Highlights](index=1&type=section&id=Overview%20and%20Business%20Highlights) Flux Power reported solid year-over-year growth for both Q4 and the full fiscal year 2025, leading to bottom-line improvements and strategic initiatives for profitable growth [Executive Summary](index=1&type=section&id=Executive%20Summary) Flux Power reported solid year-over-year growth for both Q4 and the full fiscal year 2025, leading to bottom-line improvements. The CEO emphasized achieving profitable growth through operational efficiencies, enhanced customer value, and diversified revenue streams, while acknowledging near-term macroeconomic uncertainties - Flux Power finished fiscal year 2025 with solid year-over-year growth on both a quarterly and annualized basis, leading to improvements in the bottom line[3](index=3&type=chunk) - CEO Krishna Vanka's top strategic initiative is to achieve profitable growth through operational efficiencies, a reinvigorated sales approach, enhanced value delivery to customers, and more diverse revenue streams[3](index=3&type=chunk) - The company acknowledges uncertainty and near-term caution due to the current tariff and macroeconomic environment but remains optimistic for the latter part of the coming fiscal year, citing additional capital infusion and growth in sales opportunities[4](index=4&type=chunk) [Fourth Quarter and Recent Business Highlights](index=1&type=section&id=Fourth%20Quarter%20and%20Recent%20Business%20Highlights) During Q4 and recently, Flux Power secured significant purchase orders from major airlines, received a new patent for battery charge balancing, was recognized as one of the fastest-growing companies, released its SkyEMS 2.0 software platform beta, and closed a $5 million private placement - Secured a purchase order for over **$2 million** from a major North American airline for its newly redesigned G80-420 lithium-ion battery pack[5](index=5&type=chunk) - Secured an additional **$1.2 million** order with another airline for G80 lithium-ion energy solutions with the SkyEMS software platform[5](index=5&type=chunk) - Awarded a new patent covering a breakthrough approach to battery charge balancing to optimize performance, extend battery life, and reduce downtime[5](index=5&type=chunk) - Recognized among Financial Times' fastest growing companies in the Americas 2025[5](index=5&type=chunk) - Released SkyEMS 2.0 software platform as a beta with an airline customer, with plans for broader rollout[5](index=5&type=chunk) - Closed a **$5 million** private placement of prefunded warrants and common warrants[5](index=5&type=chunk) [Financial Performance](index=1&type=section&id=Financial%20Performance) Flux Power demonstrated strong financial performance in Q4 and full fiscal year 2025, with significant revenue and gross profit growth, alongside improved operating and net loss figures across both GAAP and non-GAAP metrics [Fourth Quarter Fiscal 2025 Financial Results](index=1&type=section&id=Fourth%20Quarter%20Fiscal%202025%20Financial%20Results) Flux Power demonstrated strong Q4 FY2025 performance with significant revenue and gross profit growth, alongside improved operating and net loss figures. Non-GAAP metrics further highlighted operational improvements, including a positive non-GAAP operating income and a near break-even non-GAAP net loss GAAP Financials | Metric | Q4 FY2025 | Q4 FY2024 | Change (%) | | :----------------- | :---------- | :---------- | :--------- | | Revenue | $16.7 million | $13.4 million | +25% | | Gross Profit | $5.8 million | $3.6 million | +61% | | Gross Margin | 34.5% | 26.9% | +760 bps | | Operating Expenses | $6.5 million | $5.4 million | +20.4% | | Operating Loss | ($0.8 million) | ($1.8 million) | -55.6% | | Net Loss | ($1.2 million) | ($2.2 million) | -45.5% | | Net Loss per Share | ($0.07) | ($0.13) | -46.2% | Non-GAAP Adjustments | Metric | Q4 FY2025 (Non-GAAP) | Q4 FY2024 (Non-GAAP) | Change | | :-------------------------- | :------------------- | :------------------- | :----- | | Operating Income / (Loss) | $0.4 million | ($1.5 million) | Improved | | Net Loss | ($0.03 million) | ($1.9 million) | Improved | | Net Loss per Share | ($0.00) | ($0.11) | Improved | - Non-GAAP adjustments for Q4 FY2025 primarily exclude **$1.0 million** in restatement-related costs and **$0.148 million** in stock-based compensation[7](index=7&type=chunk)[27](index=27&type=chunk) Adjusted EBITDA | Metric | Q4 FY2025 | Q4 FY2024 | Change | | :------------- | :---------- | :---------- | :----- | | Adjusted EBITDA | $0.6 million | ($1.2 million) | Improved | [Full Year Fiscal 2025 Financial Results](index=2&type=section&id=Full%20Year%20Fiscal%202025%20Financial%20Results) For the full fiscal year 2025, Flux Power achieved revenue growth and a significant improvement in gross margin. While operating and net losses persisted, both GAAP and non-GAAP figures showed substantial reductions compared to the prior year, indicating progress towards profitability GAAP Financials | Metric | FY2025 | FY2024 | Change (%) | | :----------------- | :---------- | :---------- | :--------- | | Revenue | $66.4 million | $60.8 million | +9% | | Gross Margin | 32.7% | 28.3% | +440 bps | | Operating Expenses | $26.8 million | $23.8 million | +12.6% | | Operating Loss | ($5.0 million) | ($6.6 million) | -24.2% | | Net Loss | ($6.7 million) | ($8.3 million) | -19.3% | | Net Loss per Share | ($0.40) | ($0.50) | -20% | Non-GAAP Adjustments | Metric | FY2025 (Non-GAAP) | FY2024 (Non-GAAP) | Change | | :-------------------------- | :------------------ | :------------------ | :----- | | Operating Loss | ($1.1 million) | ($5.0 million) | Improved | | Net Loss | ($2.8 million) | ($6.8 million) | Improved | | Net Loss per Share | ($0.17) | ($0.41) | Improved | - Non-GAAP adjustments for FY2025 primarily exclude **$2.9 million** in restatement-related costs and **$0.979 million** in stock-based compensation[10](index=10&type=chunk)[12](index=12&type=chunk)[27](index=27&type=chunk) Adjusted EBITDA | Metric | FY2025 | FY2024 | Change | | :------------- | :----------- | :----------- | :----- | | Adjusted EBITDA | ($0.1 million) | ($4.0 million) | Improved | [Financial Position](index=2&type=section&id=Financial%20Position) Flux Power's financial position as of June 30, 2025, shows increased cash and access to significant credit facilities, further bolstered by a post-quarter private placement [Balance Sheet](index=2&type=section&id=Balance%20Sheet) As of June 30, 2025, Flux Power reported increased cash and access to significant credit facilities. Post-quarter, the company raised additional capital through a private placement, bolstering its working capital position | Metric | June 30, 2025 | June 30, 2024 | Change | | :----- | :------------ | :------------ | :----- | | Cash | $1.3 million | $0.643 million | +107.8% | - Subsequent to quarter-end, the Company raised approximately **$5 million** in gross proceeds from a private placement of prefunded warrants and common warrants, with a net cash impact of approximately **$3.8 million**[14](index=14&type=chunk) - Additional working capital sources include a **$16.0 million** credit facility from Gibraltar Business Capital (with **$2.4 million** available) and a **$1.0 million** subordinated line of credit with Cleveland Capital[14](index=14&type=chunk) [Additional Information](index=3&type=section&id=Additional%20Information) This section provides details about Flux Power's business, conference call information, and important disclosures regarding forward-looking statements and associated risks [About Flux Power](index=3&type=section&id=About%20Flux%20Power) Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions for industrial and commercial sectors, including material handling and airport ground support equipment. Their proprietary battery management system (BMS) and telemetry offer superior performance, lower ownership costs, and environmental benefits over traditional solutions - Flux Power specializes in designing, manufacturing, and selling advanced lithium-ion energy storage solutions for electrification in industrial and commercial sectors[17](index=17&type=chunk) - Key application areas include material handling, airport ground support equipment (GSE), and stationary energy storage[17](index=17&type=chunk) - Their lithium-ion battery packs, featuring a proprietary battery management system (BMS) and telemetry, offer better performance, lower cost of ownership, and are more environmentally friendly than traditional lead-acid and propane-based solutions, contributing to reduced CO2 emissions and improved ESG metrics[17](index=17&type=chunk) [Conference Call Details](index=3&type=section&id=Conference%20Call%20Details) Flux Power hosted a conference call on September 16, 2025, to discuss its Q4 and FY2025 financial results. Replay options were available via telephone and webcast until October 9, 2025, and for 90 days on the investor relations website, respectively - A conference call was held on Tuesday, September 16, 2025, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss financial results[15](index=15&type=chunk) - A telephone replay was available until October 9, 2025, and a webcast replay on the Investor Relations website for approximately 90 days[16](index=16&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This release contains forward-looking statements subject to various estimates, assumptions, risks, and uncertainties that could cause actual results to differ materially. Investors are cautioned against undue reliance and advised to refer to risk factors outlined in SEC filings - The release includes forward-looking statements identified by terms like 'believes' or 'expects,' which involve estimates, assumptions, risks, and uncertainties[18](index=18&type=chunk) - Actual results may differ materially due to factors such as access to capital, compliance with credit facilities, ability to raise capital, raw material availability, new product success, sales projections, gross margin improvement, and customer acceptance[18](index=18&type=chunk) - Investors should not place undue reliance on these statements and should refer to risk factors in Form 10-K, 10-Q, and other SEC reports[18](index=18&type=chunk) [Condensed Consolidated Financial Statements](index=5&type=section&id=Condensed%20Consolidated%20Financial%20Statements) This section presents the condensed consolidated financial statements, including statements of operations, non-GAAP adjustments, Adjusted EBITDA reconciliation, and balance sheets for the reported periods [Condensed Consolidated Statements of Operations (Full Year)](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20(Full%20Year)) The full-year consolidated statements of operations show Flux Power's revenue growth and improved gross profit for fiscal year 2025 compared to 2024, alongside a reduction in net loss | Metric | Year ended June 30, 2025 | Year ended June 30, 2024 | | :------------------------------------------ | :----------------------- | :----------------------- | | Revenues | $66,434,000 | $60,824,000 | | Cost of sales | $44,694,000 | $43,591,000 | | Gross profit | $21,740,000 | $17,233,000 | | Total operating expenses | $26,768,000 | $23,848,000 | | Operating loss | ($5,028,000) | ($6,615,000) | | Interest income (expense), net | ($1,646,000) | ($1,718,000) | | Net loss | ($6,674,000) | ($8,333,000) | | Net loss per share - basic and diluted | ($0.40) | ($0.50) | | Weighted average common shares outstanding | 16,717,761 | 16,548,533 | [Condensed Consolidated Statements of Operations (Quarter)](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20(Quarter)) The condensed consolidated statements of operations for the fourth quarter of fiscal year 2025 highlight significant revenue and gross profit increases, coupled with a reduced net loss compared to the prior year's quarter | Metric | Quarter ended June 30, 2025 | Quarter ended June 30, 2024 | | :------------------------------------------ | :-------------------------- | :-------------------------- | | Revenues | $16,737,000 | $13,377,000 | | Cost of sales | $10,965,000 | $9,785,000 | | Gross profit | $5,772,000 | $3,592,000 | | Total operating expenses | $6,532,000 | $5,403,000 | | Operating loss | ($760,000) | ($1,811,000) | | Interest income (expense), net | ($419,000) | ($433,000) | | Net loss | ($1,179,000) | ($2,244,000) | | Net loss per share - basic and diluted | ($0.07) | ($0.13) | | Weighted average common shares outstanding | 16,822,202 | 16,847,255 | [Non-GAAP Net Income Adjustments](index=7&type=section&id=Non-GAAP%20Net%20Income%20Adjustments) Non-GAAP net income adjustments for both the full year and fourth quarter of fiscal 2025 show a significant improvement in net loss when excluding stock-based compensation and restatement-related costs, indicating a stronger underlying operational performance | Metric | Year ended June 30, 2025 | Year ended June 30, 2024 | Quarter ended June 30, 2025 | Quarter ended June 30, 2024 | | :-------------------------------- | :----------------------- | :----------------------- | :-------------------------- | :-------------------------- | | Net Income / (Loss) (GAAP) | ($6,674,000) | ($8,333,000) | ($1,179,000) | ($2,244,000) | | Stock Based Compensation | $979,000 | $1,571,000 | $148,000 | $338,000 | | Restatement and related Costs | $2,900,000 | - | $1,000,000 | - | | Total Non-GAAP Adjustments | $3,879,000 | $1,571,000 | $1,148,000 | $338,000 | | Non-GAAP Net Income / (Loss) | ($2,795,000) | ($6,762,000) | ($31,000) | ($1,906,000) | | Non-GAAP loss per share | ($0.17) | ($0.41) | ($0.00) | ($0.11) | [Non-GAAP Operating Income Adjustments](index=8&type=section&id=Non-GAAP%20Operating%20Income%20Adjustments) The non-GAAP operating income adjustments reveal a substantial improvement in operating performance for both the full year and fourth quarter of fiscal 2025, with the fourth quarter showing a positive non-GAAP operating income after excluding specific non-recurring and non-cash expenses | Metric | Year ended June 30, 2025 | Year ended June 30, 2024 | Quarter ended June 30, 2025 | Quarter ended June 30, 2024 | | :------------------------------------ | :----------------------- | :----------------------- | :-------------------------- | :-------------------------- | | Operating Income / (Loss) (GAAP) | ($5,028,000) | ($6,615,000) | ($760,000) | ($1,811,000) | | Stock Based Compensation | $979,000 | $1,571,000 | $148,000 | $338,000 | | Restatement and related Costs | $2,900,000 | - | $1,000,000 | - | | Total Non-GAAP Adjustments | $3,879,000 | $1,571,000 | $1,148,000 | $338,000 | | Non-GAAP Operating Income / (Loss) | ($1,149,000) | ($5,044,000) | $388,000 | ($1,473,000) | [Adjusted EBITDA Reconciliation](index=9&type=section&id=Adjusted%20EBITDA%20Reconciliation) The Adjusted EBITDA reconciliation demonstrates a significant improvement for both the full year and fourth quarter of fiscal 2025, with Q4 2025 achieving positive Adjusted EBITDA, reflecting enhanced operational efficiency when excluding non-cash and non-recurring items | Metric | Year ended June 30, 2025 | Year ended June 30, 2024 | Quarter ended June 30, 2025 | Quarter ended June 30, 2024 | | :---------------------- | :----------------------- | :----------------------- | :-------------------------- | :-------------------------- | | Net loss | ($6,674,000) | ($8,333,000) | ($1,179,000) | ($2,244,000) | | Interest, net | $1,646,000 | $1,718,000 | $419,000 | $433,000 | | Depreciation and amortization | $1,002,000 | $1,045,000 | $252,000 | $258,000 | | EBITDA | ($4,026,000) | ($5,570,000) | ($508,000) | ($1,553,000) | | Restatement and related Costs | $2,900,000 | - | $1,000,000 | - | | Stock-based compensation | $979,000 | $1,571,000 | $148,000 | $338,000 | | Adjusted EBITDA | ($147,000) | ($3,999,000) | $640,000 | ($1,215,000) | [Condensed Consolidated Balance Sheets](index=10&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The condensed consolidated balance sheets show an increase in total assets and current assets for Flux Power as of June 30, 2025, compared to the prior year, driven by higher cash, accounts receivable, and inventories. Total liabilities also increased, leading to a stockholders' deficit | Metric | June 30, 2025 | June 30, 2024 | | :------------------------------------ | :-------------- | :-------------- | | Cash | $1,334,000 | $643,000 | | Accounts receivable, net | $11,374,000 | $9,773,000 | | Inventories, net | $17,231,000 | $16,977,000 | | Total current assets | $31,804,000 | $28,338,000 | | Total assets | $34,752,000 | $32,301,000 | | Accounts payable | $16,295,000 | $11,395,000 | | Accrued expenses | $7,058,000 | $3,926,000 | | Line of credit | $13,627,000 | $13,834,000 | | Subordinated debt | $1,000,000 | - | | Total current liabilities | $39,618,000 | $30,674,000 | | Total liabilities | $40,156,000 | $32,107,000 | | Total stockholders' equity (deficit) | ($5,404,000) | $194,000 |
Flux Power Reports Fourth Quarter and Fiscal Year 2025 Financial Results
Globenewswire· 2025-09-16 20:05
Core Insights - Flux Power Holdings, Inc. reported solid year-over-year growth in both quarterly and annual results, focusing on achieving profitable growth through operational efficiencies and a diversified sales approach [3][4] - The company experienced a 25% increase in revenue for Q4 2025, reaching $16.7 million compared to $13.4 million in Q4 2024, with gross profit improving by approximately 61% [4][5] - For the full fiscal year 2025, revenue increased by 9% to $66.4 million from $60.8 million in fiscal year 2024, with gross margin rising to 32.7% [7][11] Financial Performance - Q4 2025 operating loss was $0.8 million, an improvement from a loss of $1.8 million in the prior year, while non-GAAP operating income was $0.4 million compared to a loss of $1.5 million [5][10] - The net loss for Q4 2025 improved to $1.2 million, or ($0.07) per share, compared to a net loss of $2.2 million, or ($0.13) per share, in Q4 2024 [6][20] - For the full year, the net loss was $6.7 million, or ($0.40) per share, compared to a net loss of $8.3 million, or ($0.50) per share, in the prior year [11][19] Operational Highlights - The company secured a purchase order exceeding $2 million from a major North American airline for its G80-420 lithium-ion battery pack and an additional $1.2 million order with another airline [8] - Flux Power was recognized among Financial Times' fastest growing companies in the Americas for 2025 [8] - The company released the SkyEMS 2.0 software platform in beta with an airline customer, with plans for broader rollout [8] Balance Sheet and Capital - As of June 30, 2025, cash was reported at $1.3 million, with a subsequent capital raise of approximately $5 million from a private placement [12][30] - The company has a $16 million credit facility with Gibraltar Business Capital, with a remaining available balance of $2.4 million [12] - Total assets increased to $34.8 million as of June 30, 2025, compared to $32.3 million in the prior year [30]
Flux Power Closes $5 Million Private Placement of Prefunded Warrants and Common Warrants
Globenewswire· 2025-09-16 12:31
Core Viewpoint - Flux Power Holdings, Inc. has successfully entered into securities purchase agreements for the sale of Prefunded Warrants and Common Warrants, raising approximately $5.0 million for working capital and corporate purposes, demonstrating strong support from existing shareholders [1][3] Group 1: Securities Offering - The company sold a total of 258,144 Prefunded Warrants and 1,214,769 Common Warrants [1] - The Prefunded Warrants allow holders to purchase shares of Series A Convertible Preferred Stock at a price of $0.001 per share [2] - Each purchaser of Prefunded Warrants also received a Common Warrant to purchase additional shares equal to 50% of the shares issuable upon conversion of the Series A Preferred Stock [2] Group 2: Shareholder Support - The offering reflects strong backing from existing shareholders, who collectively own over 50% of the company's common stock [3] - The CEO emphasized that the transaction is expected to extend the company's cash runway and enhance its financial position for strategic initiatives [3] Group 3: Company Overview - Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions for various industrial and commercial applications [4] - The company's products aim to provide better performance, lower ownership costs, and improved environmental sustainability compared to traditional solutions [4]
Top Wall Street Forecasters Revamp Flux Power Expectations Ahead Of Q4 Earnings - Flux Power Holdings (NASDAQ:FLUX)
Benzinga· 2025-09-12 12:24
Group 1 - Flux Power Holdings, Inc. is expected to report a quarterly loss of 8 cents per share for Q4, an improvement from a loss of 16 cents per share a year ago [1] - Projected quarterly revenue for Flux Power is $16.47 million, up from $13.23 million in the same quarter last year [1] - On August 21, Flux Power secured an additional order worth over $1.2 million from a major North American airline, leading to a 6.5% increase in share price to close at $1.80 [2] Group 2 - HC Wainright & Co. analyst Amit Dayal maintained a Buy rating but reduced the price target from $15 to $8 [7] - Maxim Group analyst Matthew Galinko also maintained a Buy rating, lowering the price target from $6 to $4 [7] - Craig-Hallum analyst Eric Stine kept a Buy rating while cutting the price target from $10 to $7 [7]
Top Wall Street Forecasters Revamp Flux Power Expectations Ahead Of Q4 Earnings
Benzinga· 2025-09-12 12:24
Financial Performance - Flux Power Holdings, Inc. is expected to report a quarterly loss of 8 cents per share for the fourth quarter, an improvement from a loss of 16 cents per share a year ago [1] - Projected quarterly revenue is $16.47 million, up from $13.23 million in the same period last year [1] Recent Developments - On August 21, Flux Power secured an additional order worth over $1.2 million from a major North American airline [2] - Following this news, Flux Power shares increased by 6.5%, closing at $1.80 [2] Analyst Ratings - HC Wainright & Co. analyst Amit Dayal maintained a Buy rating but reduced the price target from $15 to $8 [7] - Maxim Group analyst Matthew Galinko also maintained a Buy rating, lowering the price target from $6 to $4 [7] - Craig-Hallum analyst Eric Stine kept a Buy rating while cutting the price target from $10 to $7 [7]
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]