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Flux Power(FLUX) - 2026 Q2 - Earnings Call Transcript
2026-02-12 22:30
Financial Data and Key Metrics Changes - Revenue for the second fiscal quarter of 2026 was $14.1 million, up from $13.2 million in the prior quarter, but down from $16.8 million in the same quarter last year [16] - Gross margin increased to 34.7% from 28.6% in the prior quarter and 32.5% in the prior year, reflecting improved product mix and cost-saving initiatives [16] - Operating expenses decreased to $4.1 million from $5.9 million in the prior quarter and $6.9 million in the same quarter of 2025, a 31% sequential decrease [17] - Net income for the second quarter was $0.6 million, or $0.03 per share, compared to a net loss of $2.6 million in the prior quarter [17] - Adjusted EBITDA for the second quarter was positive $1.5 million, compared to an adjusted EBITDA loss of $1.4 million in the prior quarter [18] Business Line Data and Key Metrics Changes - The company achieved net profitability for the first time in its history, attributed to expense optimization and sequential revenue growth [4][12] - The product development team made significant progress, particularly with the launch of the next-generation SkyLink telematics device [9] - The new GAT 315 battery was released in response to customer demand in the GSE segment, expanding the product line to four with multiple configurations [10] Market Data and Key Metrics Changes - The lithium-ion forklift battery segment is projected to grow at an 8.8% CAGR through 2035, indicating strong long-term market opportunities [15] - The company is experiencing a capital freeze from its most significant customer, which may impact revenue for a significant portion of calendar year 2026 [13] Company Strategy and Development Direction - The company focuses on five strategic initiatives: profitable growth, operational efficiencies, solution selling, building the right products, and integrating value-added software [5] - The integration of AI-driven tools in engineering design and operations aims to improve operational efficiencies and productivity [6] - The company is expanding its sales leadership and hiring experienced personnel to enhance customer engagement and drive growth [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate current market pressures and restore profitable growth despite the capital freeze from a key customer [14] - The management team is focused on reducing expenses and optimizing operations to maintain profitability [15] - There is cautious optimism regarding demand, with customers needing to purchase batteries to sustain their operations despite tariff impacts [24] Other Important Information - The company recorded a $0.5 million reversal of previously accrued employee bonus awards, which will not impact future quarters [17][45] - The SkyEMS software was upgraded to include intelligent alerting features, which are expected to improve fleet management and productivity [11] Q&A Session Summary Question: Is the capital freeze unique to one customer or indicative of broader industry trends? - Management confirmed that the capital freeze is specific to one customer [23] Question: How is the overall demand environment characterized? - Management noted that while tariff effects linger, customers still need to purchase batteries to run their businesses [24] Question: What is the rollout strategy for the SkyLink product? - The SkyLink telematics will be offered across the product line, with positive initial feedback from beta tests [25][26] Question: Will cost savings and warranty costs remain low to support gross margins? - Management indicated that they are taking steps to lower product costs and expect positive trends in warranty and repair costs [29][31] Question: What is the strategy for filling the revenue gap from the significant customer? - The company is actively hiring new sales personnel and focusing on material handling to replace lost revenue [36] Question: Will new SkyLink features be sold at a premium? - Management plans to offer a standard and a premium version of the software, with higher gross margins expected from premium sales [38][39] Question: Can you elaborate on the State of Health patent and its revenue potential? - The patent includes algorithms for battery health insights, which will be part of the premium software package, generating potential revenue [40][41]
Rebalancing after burnout | Anuja Pandey | TEDxNagpur
TEDx Talks· 2026-02-12 16:15
[संगीत] इमेजिन ट्राइंग टू रन अ फोन विथ 1% बैटरी। 27 एप्स रनिंग एट द सेम टाइम। एव्री टास्क, एव्री नोटिफिकेशन, एव्री रिमाइंडर, ड्रेनिंग इट ईच टाइम। एंड दैट इज व्हाट यू एंड आई डू एवरी सिंगल डे विथ आवर एनर्जी। डू वी नॉट जगल, हसल, पुश आवरसेल्व्स. डू वी नॉट ट्राई टू मैनेज आवर रिस्पांसिबिलिटीज़ एट वर्क एंड प्रोफेशनल फ्रंट एज़ वेल एज़ आवर फैमिली एंड फ्रेंड्स। अंटिल यू एंड आई आर रनिंग ऑन फ्यूम्स। वी बर्न आउट बी क्रैश। लेट मि टेक यू टू ईयर 2013 फ्रेश आउट ऑफ़ कॉलेज। आई स्टार्टेड वर्किंग फॉर एन ऑटोमोबाइल मैन्युफैक्चरिंग एं ...
Hypercharge Announces Hypercorp Energy Solutions to Orchestrate the Future of Energy Management
Globenewswire· 2026-01-07 12:30
Core Viewpoint - Hypercharge Networks Corp. has launched Hypercorp Energy Solutions, an initiative aimed at expanding its services into the $40 billion USD global battery energy storage market, integrating battery storage, advanced energy management, and professional services to support large-scale electrification [1][2]. Group 1: Hypercorp Energy Solutions Overview - Hypercorp is designed as an advanced energy platform to assist commercial, fleet, and multi-family property owners in generating, storing, and optimizing energy delivery [2]. - The initiative combines battery energy storage systems (BESS), advanced energy management software, and professional services into a single offering to address infrastructure constraints and rising electricity costs [2][6]. Group 2: Target Market and Initial Launch - The initial focus will be on Hypercharge's existing customer base, which includes over 500 active sites across North America [3]. - Hypercorp aims to provide tailored energy storage and management solutions that consider site-specific electrical capacity and utility limitations, enabling customers to deploy additional EV charging and reduce operating costs [3][4]. Group 3: Technological Integration and Management - Hypercorp builds on Hypercharge's experience with battery-integrated solutions, including the deployment of GridLink battery-integrated DC fast charging stations [4]. - The Equion™ Energy Management Platform will allow properties to add EV charging and other high-capacity systems without overloading existing infrastructure, supporting demand response and time-of-day pricing programs [7]. Group 4: Business Model and Revenue Generation - Hypercorp will adopt an asset-light model by partnering with leading BESS providers, focusing on higher-margin SaaS revenue from the Equion™ platform, equipment financing, and professional services [9]. - The initiative is expected to create a more scalable and recurring revenue base for the company [5]. Group 5: Corporate Changes - Diana Mark has retired as Corporate Secretary, with Stephanie Sharma appointed to the role effective January 7, 2026 [11][12].
Legend Power Announces Non-Brokered Private Placement Pursuant to The Listed Issuer Financing Exemption
Newsfile· 2025-11-25 12:00
Core Viewpoint - Legend Power Systems Inc. is conducting a non-brokered private placement to raise between CAD$1,333,333 and CAD$1,702,320 through the issuance of units priced at CAD$0.12 each, aimed at funding operational expenses and working capital [1][4]. Group 1: Offering Details - The private placement will consist of a minimum of 11,111,111 units and a maximum of 14,186,000 units, with each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase an additional common share at CAD$0.20 for 24 months, with an accelerated expiry provision if the share price exceeds CAD$0.25 for 10 consecutive trading days [2]. - The offering may close in multiple tranches, with the first tranche expected by December 5, 2025, and the final closing by January 8, 2026 [5]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be allocated for operating expenses, material purchases, and general working capital [4]. Group 3: Finder's Fees - The company may pay a cash commission of up to 5.0% on total proceeds to eligible finders and issue non-transferable warrants equal to up to 3.0% of total units issued [3].
Wallbox Unveils Supernova PowerRing, a Fast-Charging System Delivering up to 400 kW per Outlet
Businesswire· 2025-11-11 12:50
Core Insights - Wallbox has launched the Supernova PowerRing, a modular fast-charging system capable of delivering up to 400 kW per outlet and scalable to 720 kW per site, aimed at enhancing electric vehicle (EV) charging infrastructure [2][9]. Product Features - The Supernova PowerRing is designed to optimize energy distribution among multiple chargers, allowing for intelligent power sharing to ensure optimal performance based on real-time demand [4][6]. - It can connect up to three Supernova units and six outlets, providing scalable capacities of 240, 480, or 720 kW to meet specific site requirements [5]. - The system's compact design allows for installation in various environments, including urban retail centers and commercial parking sites, while reducing deployment costs and accelerating time to market [8][9]. Future Developments - Future phases of the PowerRing will enhance its capabilities, including power sharing even when one connector is in use and the introduction of intelligent power-sharing algorithms to optimize performance across sites [7]. Market Strategy - The rollout of the Supernova PowerRing is expected to begin in Q1 2026, starting in Southern Europe, Benelux, and the UK/Ireland, with plans to expand into additional markets, including the United States [9].
Luxor Technology Expands into Energy Management for Crypto Miners
Yahoo Finance· 2025-10-10 11:30
Core Insights - Luxor Technology Corporation has launched a new energy division, Luxor Energy, aimed at providing comprehensive energy management services for Bitcoin mining operations [1] - The company is positioning itself as a vertically integrated service provider in the energy-intensive digital asset sector, managing over one gigawatt of Bitcoin mining hardware [2] - Luxor Energy will offer services such as Demand Response, Ancillary Services, and Peak Avoidance programs, which are increasingly valued by grid operators [3][4] Energy Management Services - Luxor Energy's retail electricity provider service will accept collateral in Bitcoin and offer reduced collateral requirements for users of the Luxor Pool [5] - An automated system is being developed to pay client energy bills, netting them against their mining pool balance [5] Intelligent Mining System - A key offering is the Intelligent Mining system, which optimizes mining machine performance by integrating dispatch signals with real-time data on hashrate and power prices [6] - Field results in ERCOT's West Texas region have shown an 8–14 percent improvement in profitability compared to traditional mining methods [7] Industry Trends - The expansion into energy management reflects a broader industry focus on efficient power management and grid participation, which are critical for miners' profitability [8] - This move also aims to address regulatory concerns regarding high energy use by presenting miners as flexible grid resources [8]
How this $130 billion energy management company is fueling Nvidia's infrastructure growth
CNBC· 2025-09-30 16:00
Core Insights - Schneider Electric has announced new data center blueprints in collaboration with Nvidia, aimed at accelerating construction timelines and facilitating the adoption of AI-ready infrastructure [1][2] - The partnership focuses on developing sustainable, AI-ready infrastructure, particularly for power, cooling, and high-density rack systems, to support the next generation of AI factories [2][6] - Schneider Electric is a leader in energy management for data centers, which constitute approximately 25% of its business [2] Group 1: Partnership and Innovation - The collaboration with Nvidia is a research and development initiative that addresses the growing demand for energy-efficient solutions in data centers [2][6] - The integration of power management and liquid cooling control systems is a key component of the new designs, which also support Nvidia's Blackwell chips [5][6] - The partnership is expected to be highly lucrative, especially in light of Nvidia's significant investment in AI technologies [6] Group 2: Energy Efficiency and AI - AI technologies are projected to enhance energy efficiency, potentially achieving four to nine times more efficiency than the energy consumed [8] - The new computing engines will allow for real-time integration of various energy sources and consumption patterns, optimizing energy usage [9] - The shift towards decentralized energy production, including renewable sources, is transforming the energy market [10][11] Group 3: Market Trends and Future Outlook - The transition to electrification and digitization is seen as essential for competitiveness, particularly in regions with limited fossil fuel resources [11][12] - Companies are increasingly adopting innovative energy solutions due to rapid advancements in technology and decreasing costs [12] - The energy sector is expected to undergo a significant revolution in the next two decades, driven by the convergence of electrification, digitization, and AI [13][14]
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]
Legend Power Systems Schedules Q3 2025 Financial Results Release and Webinar
Newsfile· 2025-08-14 20:30
Core Insights - Legend Power Systems Inc. will release its Q3 2025 financial results on August 22, 2025, prior to market opening [1] - A webinar is scheduled for the same day at 11:00 AM ET to discuss the financial results and provide a business update [1][2] Company Overview - Legend Power Systems Inc. specializes in intelligent energy management solutions that address building energy challenges, enhancing asset management and corporate performance [2] - The company's proprietary technology reduces energy consumption and power costs while extending the lifespan of electrical equipment [2] Product Details - SmartGATE is a turnkey solution designed to identify and resolve inefficiencies in commercial electrical systems, improving energy performance and reducing costs and emissions [3] - The SmartGATE system provides full voltage regulation (+/- 8%) tailored to specific requirements, focusing on enhancing system reliability, lifetime, and efficiency [3]