Workflow
Energy Storage
icon
Search documents
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]
Tesla is recalling Powerwall 2 batteries over fire risk
TechCrunch· 2025-09-16 19:20
Core Points - Tesla is recalling Powerwall 2 home batteries in Australia due to reports of fires causing minor property damage, as stated by the Australia Competition and Consumer Commission (ACCC) [1] - The recall affects an unspecified number of Powerwall 2 units manufactured in the U.S. and sold between November 2020 and June 2022, with the cells produced by an unnamed third-party supplier [1] - No injuries have been reported in connection with the fires [1] Product Details - The Powerwall 2 contains 14 kWh of lithium-ion batteries and is typically installed with solar panels to store excess power generated during the day [2] - Customers can enroll their batteries in a virtual power plant to support the grid during peak loads, which extends the warranty to up to 15 years and provides access to time-of-use rates to help reduce energy bills [2] Recall Process - Homeowners will be notified via the Tesla app if their Powerwall is part of the recall, and the company is discharging the batteries to mitigate fire risks [3] - Recalled batteries will be replaced at no cost, and the company will consider compensation for lost energy savings on a case-by-case basis, as indicated by the ACCC [3]
Crude Oil Rises Over 2%; Bionano Genomics Shares Plunge - GD Culture Group (NASDAQ:GDC), Bionano Genomics (NASDAQ:BNGO)
Benzinga· 2025-09-16 17:41
U.S. Stock Market - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 150 points, down 0.37% to 45,713.02 [1] - NASDAQ fell 0.03% to 22,341.05, and S&P 500 dropped 0.14% to 6,605.77 [1] - Energy shares increased by 1.1%, while utilities stocks fell by 0.8% [1] Company Performance - Dave & Buster's Entertainment Inc. reported second-quarter revenue of $557.41 million, missing analyst estimates of $562.78 million [2] - Adjusted earnings for Dave & Buster's were 40 cents per share, below estimates of 92 cents per share [2] Commodities - Oil prices increased by 2.2% to $64.70, while gold rose by 0.2% to $3,726.00 [5] - Silver traded up 0.1% to $43.000, and copper fell 0.1% to $4.7120 [5] European Markets - European shares were lower, with the eurozone's STOXX 600 falling 0.86% [6] - Spain's IBEX 35 Index decreased by 1.30%, and London's FTSE 100 fell 0.74% [6] Asian Markets - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.30% and India's BSE Sensex increasing by 0.73% [7] Notable Stock Movements - Turbo Energy, S.A. shares surged 408% to $13.72 after securing a $53 million contract for energy storage projects in Spain [8] - WEBTOON Entertainment Inc. shares rose 28% to $19.13 following a non-binding agreement with Disney [8] - Jumia Technologies AG shares increased by 22% to $11.90 after an upgrade from RBC Capital [8] - Bionano Genomics, Inc. shares dropped 41% to $1.6398 due to a $10 million public offering announcement [8] - GD Culture Group Limited shares fell 19% to $7.84 after entering a share exchange agreement [8] - Next Technology Holding Inc. shares decreased by 17% to $23.79 after filing for a stock shelf of up to $500 million [8] Economic Indicators - U.S. business inventories increased by 0.2% month-over-month in July, aligning with market estimates [11] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September [11] - U.S. industrial production rose by 0.1% in August, exceeding market expectations [11] - U.S. retail sales increased by 0.6% month-over-month in August, surpassing expectations [11] - Export and import prices both rose by 0.3% in August [11]
Dow Falls Over 100 Points; US Retail Sales Top Estimates
Benzinga· 2025-09-16 14:36
U.S. Stock Market - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 100 points, down 0.29% to 45,751.36 [1] - The NASDAQ fell 0.01% to 22,349.18, and the S&P 500 dropped 0.05% to 6,612.17 [1] - Energy shares increased by 1.2%, while utilities stocks fell by 0.7% [1] Retail Sales - U.S. retail sales rose 0.6% month-over-month in August, matching the revised 0.6% gain in July and exceeding market expectations of a 0.2% gain [2][10] Commodities - Oil prices increased by 1.4% to $64.16, while gold rose by 0.5% to $3,737.00 [3] - Silver traded up 0.7% to $43.240, and copper fell by 0.2% to $4.7105 [3] European Markets - European shares were lower, with the eurozone's STOXX 600 falling 0.8% and Spain's IBEX 35 Index down 1.1% [4] - London's FTSE 100 decreased by 0.7%, Germany's DAX 40 dipped 1.2%, and France's CAC 40 fell 0.7% [4] Asian Markets - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.30% and India's BSE Sensex increasing by 0.73% [5] Company Performance - Turbo Energy, S.A. shares surged 534% to $17.73 after securing a $53 million contract for energy storage projects in Spain [7] - FGI Industries Ltd. shares rose 113% to $8.46, while Brera Holdings PLC shares increased by 109% to $14.30 [7] - Bionano Genomics, Inc. shares dropped 41% to $1.6292 following a $10 million public offering announcement [7] - GD Culture Group Limited shares fell 28% to $7.00 after entering a share exchange agreement for Bitcoin assets [7] - Chijet Motor Company, Inc. shares decreased by 26% to $0.0848 [7] Economic Indicators - U.S. business inventories increased by 0.2% month-over-month in July, aligning with market estimates [8] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September [8] - U.S. industrial production rose by 0.1% in August, following a 0.4% decline in the previous month [8]
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]
收评:创业板指冲高回落涨1.52% 宁德时代股价创历史新高
Xin Hua Cai Jing· 2025-09-15 07:36
Market Performance - A-shares showed mixed performance on September 15, with the Shanghai Composite Index down 0.26% to 3860.50 points, while the Shenzhen Component Index rose 0.63% to 13005.77 points, and the ChiNext Index increased by 1.52% to 3066.18 points [1] - The total trading volume for the Shanghai market was 986.2 billion, while the Shenzhen market recorded 1,291.2 billion, and the ChiNext market had 620.8 billion [1] Sector Performance - Strong performance was noted in sectors such as gaming, automotive, and pork, with notable stocks like Ningde Times rising over 9% to reach a historical high, and several automotive stocks hitting the daily limit [1][2] - Conversely, sectors like satellite internet and cultural media saw significant declines, with stocks like Sanwei Communication dropping over 5% and Guomai Culture falling over 10% [1][2] Institutional Insights - According to Jifeng Investment Advisory, the market is expected to benefit from the gradual onset of the Federal Reserve's interest rate cut cycle, with A-shares and certain sectors likely to see upward trends [3] - CITIC Securities highlighted the ongoing transformation in the retail sector, with private enterprises undergoing management changes to enhance operational efficiency [3] - Huatai Securities noted the release of a new action plan for the storage industry, which is expected to promote long-term healthy development in the sector, with strong demand and reduced price competition [3] Policy Developments - The People's Bank of China in Shanghai reported a total cross-border RMB payment amount of 18.83 trillion yuan in the first seven months of the year, indicating a robust financial environment [4] - Guangzhou's plan for V2G (Vehicle-to-Grid) applications aims to establish a comprehensive network of smart charging stations and vehicles, with specific targets set for 2025 and beyond [5] Automotive Industry Initiatives - The China Association of Automobile Manufacturers released a payment standard initiative for automotive suppliers, with major companies like Dongfeng and BYD expressing commitment to this initiative to foster a collaborative ecosystem [6][7]
创业板综指突破3800点!创业板综指ETF鹏华(159289)今日上市正当时!一键布局当下主线行情
Xin Lang Cai Jing· 2025-09-15 02:42
Group 1 - The recent performance of the ChiNext market has been notable, with the ChiNext Composite Index successfully breaking through 3800 points, reflecting a 90.64% increase over the past year, significantly outperforming the Shanghai Composite Index's 42.54% rise [1] - The newly listed Penghua ChiNext Composite Index ETF closely tracks the ChiNext Composite Index, which is characterized as a gathering place for "specialized, refined, and innovative" companies [1] - The top four industries within the ChiNext Composite Index are power equipment (19.0%), pharmaceuticals and biology (13.1%), electronics (12.6%), and computers (10.5%), collectively accounting for over 50% of the index [1] Group 2 - Leading domestic lithium battery equipment company, Sian Intelligent, reported that solid-state battery equipment has been integrated into the supply chains of major domestic and international battery and automotive companies, with multiple orders received [2] - The domestic energy storage market saw a significant increase in bidding scale, reaching 202.4 GWh from January to July 2025, representing a 146.3% year-on-year growth, with July's new bidding volume at 25.8 GWh, a 10% month-on-month increase [2] - Huatai Securities believes that under supportive policies, the completion of installation targets is feasible, and actual installations may exceed expectations, with prices in the energy storage industry stabilizing and expected to recover [2]
1 Thing Elon Musk Said About Self-Driving Cars Every Tesla Investor Should Hear
The Motley Fool· 2025-09-14 17:35
Core Insights - Tesla's stock has rebounded as investors focus on its AI ambitions alongside its electric vehicle business, particularly the commercialization of an autonomous ride-hailing network called Robotaxi [1][5] - The debate continues regarding Tesla's vision-only approach to autonomy without LIDAR, questioning its scalability and effectiveness compared to sensor-heavy alternatives [2][10] Financial Performance - In Q2 2025, Tesla's operating income fell 42% year-over-year to approximately $0.9 billion, with a 4.1% operating margin due to pricing pressure and mix affecting automotive profitability [4] - Tesla produced over 410,000 vehicles and delivered more than 384,000 vehicles in the same quarter, while energy storage deployments reached 9.6 GWh, indicating growth in this segment [4] Autonomy Strategy - Tesla's long-term investment thesis is heavily reliant on achieving autonomy, which could significantly alter its earnings profile by layering higher-margin software revenue on a large fleet [6][13] - CEO Elon Musk emphasizes that Tesla's vision approach mirrors human driving, using cameras and AI instead of LIDAR, which simplifies hardware and reduces costs [8][10] Market Position and Future Outlook - The success of Tesla's vision-only system hinges on its ability to handle edge cases and prove safer than human driving, with investors needing to monitor software adoption and regulatory approvals closely [11][12] - The company's strategy could lead to faster deployment and improved unit economics if it meets safety standards, but it raises expectations for software progress and real-world validation [14][15]
Why Tesla Stock Jumped Again Friday
Yahoo Finance· 2025-09-12 16:15
Core Insights - Tesla stock has experienced significant movement, rising 6% and then an additional 5.8%, reaching its highest level since February [1] - The surge in stock price is attributed to developments in Tesla's energy business, particularly following a recent event in Las Vegas [1][6] Energy Business Developments - Tesla introduced new products from its energy storage business, including the next-generation Megapack 3 and a new product called Megablock [3][4] - The Megablock is designed to combine multiple Megapacks with electrical power system components, aiming to reduce costs and installation times for large-scale energy projects [4] - Tesla plans to manufacture the Megapack 3 in Houston starting late next year [4] Financial Performance - Tesla's energy generation and storage revenue increased by 18% year-over-year to $5.5 billion in the first half of 2025, while automotive revenue declined by 18% [5][8] - The energy business is becoming a more significant part of Tesla's revenue stream, contributing to the recent stock price increase [6]
宁夏石嘴山:储能电站助力绿色发展
Ren Min Wang· 2025-09-12 02:01
Core Insights - The article highlights the role of energy storage stations in promoting green development in Shizuishan, Ningxia [1][2][3] Group 1: Energy Storage Development - The energy storage station in Shizuishan is a key initiative aimed at enhancing renewable energy utilization [1] - The project is expected to significantly improve the stability and reliability of the local power grid [2] - The energy storage capacity is designed to support the integration of renewable energy sources, particularly solar and wind [3] Group 2: Environmental Impact - The development of energy storage solutions is aligned with national goals for carbon neutrality and sustainable development [1] - The project is anticipated to reduce carbon emissions by facilitating a higher share of clean energy in the energy mix [2] - Local authorities are promoting such initiatives to foster a greener economy and attract investment in renewable energy [3]