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Fluence Corporation Limited
(OTC:FLC)
Fluence Corporation Limited (FLC) vs. iShares MSCI Australia ETF (EWA)
Fluence Corporation Limited Business Overview & Revenue Model
Fluence Corporation Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 70.04M | 51.49M | 70.04M | 119.09M | 103.19M | 97.14M |
| Gross Profit | 19.08M | 15.16M | 19.08M | 28.02M | 21.38M | 27.80M |
| EBITDA | -8.87M | -17.05M | -8.87M | -10.37M | -4.07M | -2.83M |
| Net Income | -16.01M | -21.40M | -16.01M | -16.19M | -14.70M | -17.02M |
Balance Sheet | ||||||
| Total Assets | 93.13M | 74.11M | 93.13M | 123.62M | 149.14M | 154.76M |
| Cash, Cash Equivalents and Short-Term Investments | 28.28M | 8.97M | 28.28M | 35.06M | 52.35M | 60.39M |
| Total Debt | 19.31M | 21.45M | 19.31M | 35.30M | 41.36M | 21.70M |
| Total Liabilities | 80.91M | 81.60M | 80.91M | 120.70M | 133.15M | 124.29M |
| Stockholders Equity | 14.18M | -5.27M | 14.18M | 4.91M | 17.89M | 32.25M |
Cash Flow | ||||||
| Free Cash Flow | -20.80M | -35.24M | -20.80M | -14.10M | -6.26M | 21.08M |
| Operating Cash Flow | -19.02M | -32.50M | -19.02M | -13.65M | -4.84M | 22.25M |
| Investing Cash Flow | 4.42M | 6.20M | 4.42M | 15.39M | 7.35M | -29.31M |
| Financing Cash Flow | 10.07M | 1.97M | 10.07M | 2.54M | 8.89M | 16.96M |
Fluence Corporation Limited Technical Analysis
Fluence Corporation Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$43.81M | 9.73 | 20.77% | 3.92% | 66.80% | 625.00% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | AU$178.98M | 18.70 | 7.04% | 3.03% | 4.52% | -31.16% | |
53 Neutral | AU$38.78M | ― | -16.00% | ― | 11.53% | 46.15% | |
51 Neutral | AU$148.44M | ― | ― | ― | 11.44% | 19.49% | |
45 Neutral | AU$13.31M | -4.93 | -14.80% | ― | -33.93% | -366.67% | |
40 Underperform | AU$4.37M | ― | -26.47% | ― | -45.80% | -210.00% |
Fluence Corporation Limited Corporate Events
Fluence Corporation Limited announced a change in the director’s interest, specifically for Director Douglas Brown. On November 6, 2025, Brown acquired 13,122,604 fully paid ordinary shares through direct and indirect interests. The acquisition was valued at $707,441, which includes interest accrued under a revolving credit facility and accrued director fees. This change in shareholding reflects a significant increase in Brown’s investment in the company, potentially indicating confidence in the company’s future performance.
Fluence Corporation Limited has issued 54,479,094 fully paid ordinary shares, with the majority allocated to lenders of the company’s Revolving Credit Facility as a conversion of interest into shares, and a smaller portion to non-executive directors in lieu of accrued fees. This strategic move, approved by shareholders, aims to strengthen the company’s financial position and reflects its compliance with relevant regulatory provisions, potentially enhancing its market standing and operational flexibility.
Fluence Corporation Limited has announced the quotation of 51,972,097 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s financial flexibility.
Fluence Corporation Limited announced the quotation of 1,984,905 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance the company’s market presence and provide liquidity options for its employees, potentially strengthening its position in the water treatment industry.
Fluence Corporation Limited has released its Q3 2025 results, highlighting its ongoing commitment to sustainable water solutions. The presentation underscores the company’s strategic focus on leveraging its innovative technologies to enhance its market position and address global water challenges, although it cautions that forward-looking statements are subject to risks and uncertainties.
Fluence Corporation reported a significant revenue growth of 72.9% in Q3 2025 compared to the previous year, driven largely by the Ivory Coast Addendum. The company achieved an EBITDA of $1.2M, marking an increase over the prior year, despite a slight reduction in gross margins due to the Ivory Coast project. New orders increased by 9.6% in Q3 2025, with a strong backlog forecasted to contribute to future revenue. The company remains optimistic about its financial performance, maintaining its FY2025 guidance, though it expects to finish near the lower end of its revenue and EBITDA range. The impact of US tariffs is anticipated to be minor, with management implementing strategies to mitigate potential negative effects.
Fluence Corporation Limited reported a net cash inflow from operating activities of $2.194 million for the quarter ending September 2025, driven by strong customer receipts totaling $23.610 million. Despite significant expenses in product manufacturing and staff costs, the company managed to maintain a positive cash flow, reflecting its operational efficiency. However, the company experienced a net cash outflow in financing activities, primarily due to the repayment of borrowings, resulting in an overall cash increase of $12.720 million for the period.
Fluence Corporation Limited has secured a contract worth over $12 million to provide an ultra-pure water treatment system for a new combined-cycle power plant in Saudi Arabia. This contract underscores Fluence’s expanding presence in the Middle East and its commitment to delivering efficient and sustainable water treatment solutions for the power and energy sector. The project aligns with Fluence’s global strategy and involves collaboration between its teams in the Middle East and Argentina, highlighting the company’s strategic partnerships and operational capabilities.
Fluence Corporation Limited announced it will release its Quarterly Business Update for the quarter ending September 30, 2025, on October 30, 2025. CEO Tom Pokorsky and CFO Ben Fash will host a webcast to discuss the update, emphasizing the company’s ongoing commitment to transparency and stakeholder engagement. This announcement underscores Fluence’s strategic focus on maintaining its competitive edge in the wastewater treatment industry by keeping investors informed about its financial performance and operational strategies.
Fluence Corporation Limited announced the cessation of certain securities, specifically options that expired without being exercised or converted. This development may impact the company’s capital structure and could influence investor perceptions, as it reflects on the company’s financial strategies and market positioning.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited held an Extraordinary General Meeting on October 9, 2025, where several resolutions were passed. Key resolutions included the ratification of an agreement to issue options to Benjamin Fash and the approval of termination benefits for him. Additionally, the conversion of interest to shares for Mr. Nikolaus Oldendorff and Mr. Douglas Brown was approved. These decisions reflect strategic moves to align the company’s interests with key stakeholders and enhance operational flexibility.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited announced a change in the director’s interest, with Norman Mel Ashton acquiring 374,093 fully paid ordinary shares. This acquisition was made in lieu of accrued director fees, as approved by shareholders at the company’s annual general meeting. The change reflects the company’s practice of compensating directors through share issuance, potentially aligning their interests with those of shareholders.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited has issued 2,539,006 fully paid ordinary shares to its Non-Executive Directors as compensation for accrued fees from April to June 2025, following shareholder approval at the Annual General Meeting. This move reflects the company’s compliance with relevant provisions of the Corporations Act, reinforcing its commitment to transparency and proper governance, which may positively impact its operational credibility and stakeholder trust.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited announced the quotation of 2,539,006 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 12, 2025. This move is part of an employee incentive scheme and reflects the company’s ongoing efforts to enhance its market presence and operational capabilities, potentially benefiting stakeholders by increasing liquidity and aligning employee interests with corporate performance.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited announced a proposed issue of securities, including 32 million options and over 52 million ordinary fully paid shares, set to be issued by October 31, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited has announced an Extraordinary General Meeting of Shareholders to be held virtually on October 9, 2025. The meeting materials are being made available electronically, reflecting the company’s commitment to modern communication methods and operational efficiency. This move is expected to streamline shareholder engagement and reduce environmental impact, aligning with Fluence’s focus on sustainability.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited is a company specializing in water and wastewater treatment solutions, operating in sectors such as municipal and industrial water management, with a focus on innovative Smart Product Solutions and Recurring Revenue models. In its latest earnings report for the first half of 2025, Fluence Corporation Limited highlighted a significant revenue increase of 64.7% compared to the same period in 2024, driven primarily by the Ivory Coast Addendum project. The company reported revenue of $33.1 million, with Smart Product Solutions and Recurring Revenue contributing $20.4 million, reflecting a growth of 6.7% over the previous year. Key financial metrics showed an improvement in EBITDA, which increased by $3.6 million compared to H1 2024, despite a slight decrease in gross margins due to the Ivory Coast project. The company also noted a reduction in fixed costs by $1.0 million, contributing to improved operational efficiency. Looking ahead, Fluence Corporation Limited maintains a positive outlook for the second half of 2025, with a strong backlog of projects and continued growth in high-margin business units. However, the company remains cautious of potential risks such as tariff-related project delays and market weaknesses in China.
Fluence Corporation Limited reported a significant increase in revenue by 65% to $33.063 million for the half-year ending June 30, 2025, compared to the previous year. Despite the revenue growth, the company experienced a reduced loss of $3.847 million, down 59% from the previous period, indicating improved financial performance and operational efficiency. No dividends were declared during this period, and the net tangible assets per ordinary security decreased slightly.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited has announced a change in the director’s interest notice concerning Paul Donnelly. The update reveals that Mr. Donnelly has disposed of 1,000,000 unlisted options exercisable at $0.23 each, which expired on August 25, 2025. This change affects the number of securities held indirectly through the Donnelly Family Trust, potentially impacting the company’s governance and shareholder dynamics.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited has announced the cessation of 1,000,000 securities due to the expiry of options without exercise or conversion. This development may impact the company’s capital structure and could have implications for stakeholders, as it reflects a change in the company’s issued capital.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited has appointed Ben Fash as its new CEO and Managing Director, effective by December 30, 2025, following the retirement of current CEO Tom Pokorsky. Fash, who has served as Fluence’s CFO since 2023, brings over 20 years of experience in the water industry and capital markets. The transition is expected to continue Fluence’s strategic focus on growth and profitability, with the board expressing confidence in Fash’s ability to build on the company’s transformation and future growth. The company is also searching for a new CFO to replace Fash.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.
Fluence Corporation Limited announced the cessation of 500,000 securities due to the expiry of options without exercise or conversion, effective August 18, 2025. This development may impact the company’s capital structure and could have implications for stakeholders regarding the company’s financial strategies and market positioning.
The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.