Flux Power (NASDAQ:FLUX) Issues Quarterly Earnings Results, Hits Estimates

Flux Power (NASDAQ:FLUX) announced its quarterly earnings data on Thursday, August 20th. The company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11), Zacks reports. Flux Power had a negative return on equity of 231.21% and a negative net margin of 17.68%.The firm had revenue of $8.25 million during the quarter, compared to analyst estimates of $7.94 million.

Here are the key takeaways from Flux Power’s conference call:

• Fourth-quarter revenue rose 25% sequentially to $8.2 million, reflecting improving order patterns in both ground service equipment and material handling, although it remained well below the prior-year quarter’s $16.7 million.
• Flux received certification from Hyster-Yale for its Class 1, 2, and 3 forklifts, expanding access to major electric material-handling segments; the company said it now sells to the top four OEMs, representing over 60% of the North American market.
• The company entered the robotics vertical with a large global technology platform, deploying approximately 70 batteries for testing and targeting potential production at a scale of hundreds of batteries annually if testing succeeds.
• Management highlighted a 33% year-over-year reduction in fourth-quarter operating expenses and plans to diversify sales through a direct enterprise channel, expanded marketing, and the AI-driven SkyEMS 3.0 software platform.
• Near-term financial pressure remains significant: full-year revenue fell to $42.1 million from $66.4 million, full-year adjusted EBITDA was negative $4.5 million, and cash declined to $0.3 million. First-quarter fiscal 2027 revenue is expected to fall to $6 million-$7 million, with gross margins potentially weakening before a projected second-quarter rebound.

Flux Power Trading Down 1.2%

Shares of NASDAQ FLUX traded down $0.01 during midday trading on Tuesday, reaching $0.53. 44,085 shares of the stock were exchanged, compared to its average volume of 284,893. Flux Power has a 12 month low of $0.47 and a 12 month high of $7.55. The company has a market capitalization of $11.55 million, a price-to-earnings ratio of -1.41 and a beta of 1.76. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.03 and a quick ratio of 0.30. The business has a 50-day simple moving average of $0.60 and a two-hundred day simple moving average of $0.91.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Zacks Research raised shares of Flux Power from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Roth Capital set a $1.60 target price on shares of Flux Power in a research report on Friday, August 21st. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Flux Power in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $1.60.

Flux Power Company Profile

Flux Power Holdings, Inc (NASDAQ: FLUX) develops and manufactures lithium-ion energy storage solutions for commercial and industrial applications. The company’s products are designed to provide an alternative to lead-acid batteries and support the electrification of equipment that requires reliable, rechargeable power.

Its primary offerings include lithium-ion battery packs, battery management systems and related power solutions for the material-handling industry. Flux Power serves applications such as electric forklifts, pallet jacks, order pickers and automated guided vehicles, as well as airport ground-support equipment and other industrial vehicles.

Founded in 2009 and headquartered in Vista, California, Flux Power primarily serves commercial customers through direct sales, channel partners and equipment manufacturers.