![]() This being said, Flux Power’s revenue is up 84% year on year in 2022, and their revenue has been consistently increasing over the past 4 years. From BloombergNEF: Profitabilityįlux Power is currently an unprofitable company, having made a loss of $15.6 M in FY2022. BloombergNEF expects the capacity of storage systems to grow 15-fold by 2030, largely due to the key role battery storage is expected to play within enabling increasing global adoption of renewable energy solutions, such as wind and solar. ![]() On top of this, further expansion in the stationary energy storage market is expected to provide Flux Power with ongoing opportunities for growth. Additionally, Flux has designed their battery management system to be compatible with a variety of lithium battery cells, rather than being exclusively compatible with Flux battery packs, which is suspected to help drive uptake of the BMS software in areas of the battery market that may already have been cornered by Flux Power’s competitors. Rechargeable lithium batteries developed by Flux Power have a range of advantages over existing lead acid batteries and propane based solutions, such as environmental benefits, faster charge times, greater cycle life, and longer run times.įlux Power’s proprietary battery management system software aims to deliver further operational and financial benefits for customers, primarily by providing access to real-time battery monitoring data that can be used to improve battery performance. Flux Power has achieved success in this sector through their two business segments 1) producing rechargeable lithium battery packs, and 2) developing battery management system software. 69% revenue derived from four customers.įlux Power’s primary focus so far has been the material handling sector, which is believed to be a multi billion dollar addressable market. Revenue generation is reliant on a small number of customers.Susceptible to risks such as supply chain issues (increased shipping and material costs, risk of tariffs being implemented by US government on goods imported from China).Increasing net margins, from -169% to -25% over the past 4 years.Consistent revenue growth and reduction in losses per share over the past 4 years.But don’t let this put you off reading up on Flux Power – while low market cap stocks inherently carry more risk, there’s sometimes a chance you’ll find a diamond in the rough. You may recognize the term “penny stocks” from The Wolf of Wall Street, which were used by Jordan Belfort to scam investors out of large sums of money. With a 52-week price range of between $1.89 and $5.45 per share, FLUX can be classified as a penny stock, which are typically highly speculative company stocks that trade for less than $5 per share, according to Investopedia. Their customers range from small companies to Fortune 500 companies. Flux Power Holdings Inc (FLUX) designs, develops, manufactures and sells rechargeable lithium ion batteries for airport ground support equipment (GSE), forklifts, solar energy storage and other commercial applications.Īnother core focus of FLUXs business is developing and distributing battery management system (BMS) software, which serves as the brain of the battery pack, managing cell balancing, charging, discharging, and providing remote based real time battery performance monitoring.įlux generates revenue by selling products through a distribution network of equipment dealers, OEMs and battery distributors primarily in North America.
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