Flux Power Holdings, Inc.

FLUX Nasdaq Industrials · Miscellaneous Electrical Machinery, Equipment & Supplies Vista, CA www.fluxpower.com
$0.37
Mkt Cap 8.2M

Maker of lithium-ion battery energy storage systems for material handling equipment and airport ground support vehicles.

From the annual report

Flux Power Holdings, Inc. (the Company or Flux ) was incorporated in 1998 in the State of Nevada, and Flux’s operations are conducted through its wholly owned subsidiary, Flux Power, Inc., a California corporation. We design, develop, manufacture, and sell a portfolio of advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors which include material handling and airport ground support equipment ( GSE ). We believe our mobile energy storage solutions provide our customers with a reliable, high performing, cost effective, and more environmentally friendly alternative as compared to traditional lead acid and propane-based solutions. Our modular and scalable design allows different configurations of lithium-ion energy storage solutions to be paired with our proprietary wireless battery management system to provide the level of energy storage required and state of the art real time monitoring of battery pack performance. We believe that the growing demand for lithium-ion energy storage solutions and more environmentally friendly energy storage solutions across a range of industrial and commercial sectors should continue to drive growth in the markets we serve. Our Strategy Our long-term strategy is to meet the rapidly growing demand for lithium-ion energy solutions and to be the supplier of choice, targeting large companies having energy storage needs. We have established selling relationships with customers with large fleets of forklifts and ground support equipment.

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/100 Overall
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📊 Key Metrics
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REVENUE TTM
$48.9M
FCF TTM
$5.0M
P/FCF
1.6x
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