An update from Flux Power Holdings ( (FLUX) ) is now available.
Flux Power Holdings reported financial results for the first half of fiscal year 2025, showing revenue and gross margin growth driven by increased demand for their innovative products. Despite some delays in customer orders due to higher interest rates, the company maintains a positive outlook with a significant order backlog and ongoing strategic initiatives to enhance sales and profitability. Key developments include launching a private label program with a major forklift OEM, expanding product lines, and forming partnerships to improve battery recycling processes.
More about Flux Power Holdings
Flux Power Holdings, Inc. is a developer of advanced lithium-ion energy storage solutions aimed at electrifying commercial and industrial equipment.
YTD Price Performance: -6.90%
Average Trading Volume: 86,242
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.36M
For an in-depth examination of FLUX stock, go to TipRanks’ Stock Analysis page.