Flux Power (NASDAQ:FLUX) Announces Earnings Results

Flux Power (NASDAQ:FLUX) issued its earnings results on Thursday, August 20th. The company reported ($0.11) EPS for the quarter, hitting the consensus estimate 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 the consensus estimate 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 Stock Performance

Shares of FLUX opened at $0.57 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 1.03. The company has a market capitalization of $12.37 million, a price-to-earnings ratio of -1.51 and a beta of 1.76. The company’s 50 day simple moving average is $0.63 and its 200 day simple moving average is $0.95. Flux Power has a 1 year low of $0.47 and a 1 year high of $7.55.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Virtu Financial LLC bought a new position in Flux Power in the third quarter worth about $72,000. State Street Corp lifted its stake in Flux Power by 39.4% during the fourth quarter. State Street Corp now owns 49,568 shares of the company’s stock valued at $63,000 after buying an additional 14,000 shares in the last quarter. XTX Topco Ltd acquired a new stake in Flux Power in the 4th quarter valued at approximately $64,000. Renaissance Technologies LLC bought a new position in Flux Power in the 4th quarter worth approximately $83,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Flux Power during the fourth quarter worth approximately $152,000. 37.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

About Flux Power

Flux Power (NASDAQ: FLUX) is a U.S.-based designer and manufacturer of advanced lithium-ion battery systems tailored for industrial and material-handling applications. The company develops modular battery packs, battery management systems and related charging solutions that deliver high performance, extended runtimes and rapid recharge cycles. Flux Power’s technology is engineered to withstand the demanding environments of warehouses, manufacturing facilities, airports and port terminals, offering a zero-emission alternative to traditional lead-acid batteries.

Among its core offerings, Flux Power provides plug-and-play lithium-ion battery packs, battery management electronics and telematics software that enable real-time monitoring of state of charge, health metrics and energy usage.