Flux Power Holdings ( (FLUX) ) has released its Q2 earnings. Here is a breakdown of the information Flux Power Holdings presented to its investors.
Flux Power Holdings, Inc., a developer of advanced lithium-ion energy storage solutions, operates in the electrification sector for commercial and industrial equipment, offering innovative and environmentally friendly alternatives to traditional energy sources. In its latest earnings report for the first and second quarters of fiscal year 2025, Flux Power reported a mixed financial performance, with revenue growth in the first quarter but a decline in the second quarter. The company saw a 9% increase in revenue in Q1 2025 compared to the previous year, driven by higher shipments in the Ground Support Equipment market, while Q2 2025 experienced an 8% revenue decline due to lower demand in the material handling market. Despite these fluctuations, gross margins improved in both quarters, reaching 33% in Q2 2025, attributed to cost reductions and strategic supply chain initiatives. The company also launched new products and partnerships, including a private label program with a top forklift OEM and a collaboration with a major battery recycling company. Looking ahead, Flux Power remains optimistic about its growth prospects, supported by a strong order backlog and ongoing efforts to expand its product lines and market reach. The company anticipates continued revenue growth and aims to achieve sustainable positive cash flow by the end of the calendar year.