Overview
Flux Power Holdings Inc Q4 revenue rises 25% to $16.7 mln, beating analyst expectations, per LSEG data
Adjusted EBITDA for Q4 beats estimates
Company secured major orders from airlines, indicating strategic growth efforts
Outlook
Company cites tariff and macroeconomic uncertainty affecting customer behavior
Flux Power optimistic for latter part of fiscal year due to strategic initiatives
Company expects capital infusion to support growth and sales opportunities
Result Drivers
AIRLINE ORDERS - Secured significant purchase orders totaling over $3.2 mln from major airlines for G80 lithium-ion battery packs
SOFTWARE - Released SkyEMS 2.0 software platform as a beta with an airline customer
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$16.70 mln
$16.50 mln (4 Analysts)
Q4 Adjusted EPS
-$0.09 (4 Analysts)
Q4 EPS
-$0.07
Q4 Net Income
-$1.20 mln
Q4 Adjusted EBITDA
Beat
$600,000
-$584,800 (4 Analysts)
Q4 Gross Margin
34.5%
Q4 Basic EPS
-$0.07
Q4 Gross Profit
$5.80 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Flux Power Holdings Inc is $5.50, about 62.4% above its September 15 closing price of $2.07
Press Release: ID:nGNX5qbfJb
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)