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Flux Power Holdings Inc   (FLUX)
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Flux Power Holdings Inc

FLUX's Financial Statements and Analysis



Flux Power Holdings Inc narrowed second quarter of 2024 net loss per share of $-0.05 compare to net loss per share of $-0.13 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.09 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.05 $  18 Mill
$+0.08     Unch.     -0.96 %



Flux Power Holdings Inc 's Revenue fell by -0.96 % in second quarter of 2024 (Dec 31 2023) year on year, to $18 million and advanced by 10.32 % sequentially.


Flux Power Holdings Inc is

More on FLUX's Income Statement



Flux Power Holdings Inc 's in thesecond quarter of 2024 recorded net loss of $-0.814 million, an improvement compare to net loss of $-2.139 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-1.476 million realized in previous quarter.

More on FLUX's Growth

Flux Power Holdings Inc Inventories
Inventories declined by -3.15 % to $18.28 million from I. Quarter a year ago, sequentially inventories fell by -3.75 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-3 million


Flux Power Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Flux Power Holdings Inc payed $ -0.21 cash per share, on a free-cash flow basis .

Book value fell by -24.85 % sequentially to $0.45 per share, -44.66% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.45 per share from $ 0.59.

Company issued 0.47 million shares or 2.91 % in Dec 31 2023.


More on FLUX's Dividends

 Market Capitalization (Millions) 66
 Shares Outstanding (Millions) 17
 Total Debt (Millions $) 14
 Revenue (TTM) (Millions $) 66
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Flux Power Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Flux Power Holdings Inc had negative $ -0.21 cash flow per share, on a free-cash flow basis .

Book value fell by -24.85 % sequentially to $0.45 per share, -44.66% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.45 per share from $ 0.59.

Company issued 0.47 million shares or 2.91 % in Dec 31 2023.


More on FLUX's Balance Sheets

 Market Capitalization (Millions) 66
 Shares Outstanding (Millions) 17
 Total Debt (Millions $) 14
 Revenue (TTM) (Millions $) 66
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Flux Power Holdings Inc Earnings

Flux Power Holdings Inc's Financial Fourth Quarter Sees Impressive Revenue Growth, Despite Loss

Flux Power Holdings Inc is a company operating in the Industrial Machinery and Components sector. The company recently released its earnings report for the fourth quarter of the 2023 fiscal year, indicating mixed results.
In terms of earnings, Flux Power Holdings Inc reported a loss of $-0.09 per share, an improvement compared to the previous year's loss of $-0.17 per share. The company also showed stability from the preceding reporting season. While this is an encouraging sign, it is important to note that the company's revenue growth lags behind its peers in the sector. Flux Power saw a 5.397% increase in revenue to $16.02 million from the corresponding reporting season a year ago, and a sequential sur...

Flux Power Holdings Inc Faces Revenue Challenges despite Improved Financial Performance

Flux Power Holdings Inc, a designer and manufacturer of lithium-ion batteries and energy storage systems, has recently released its financial results for the January to March 31 2023 interval. While the company reported a decrease in loss per share and an improvement in earnings per share compared to the previous financial reporting period, the company's revenue growth was not as impressive as expected.
In the January to March 31 2023 interval, Flux Power Holdings Inc faced a net shortfall of $-1.445 million. Although this is an improvement from the deficit of $-3.749 million the company faced in the same financial reporting period a year ago, it is still a significant shortfall. This signals that Flux P...


Date modified: 2024-02-17T18:33:54+00:00





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