Flux Power Holdings (FLUX) AI Stock Analysis

• Market Cap: $25.90M
• Dividend Yield: N/A
• Average Volume (3M): 46.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.41
• Revenue Growth: -1.45%
• EPS Growth: -15.76%
• Country: US
• Employees: 119
• Sector: Industrials
• Sector Strength: 85
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.12
• Shares Outstanding: 16,818,642
• 10 Day Avg. Volume: 35,343
• 30 Day Avg. Volume: 46,010
• PEG Ratio: -0.06
• Price to Book (P/B): -5.78
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.67
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 0.10
• Enterprise Value/Gross Profit: 1.29
• Enterprise Value/Ebitda: -1.10
• 1Y Price Target: $5.75
• Price Target Upside: 273.38% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 48 Neutral
• Price Target: $1.50 ▼(-2.60%Downside)

Flux Power Holdings' stock score reflects significant financial challenges, with ongoing losses and solvency concerns being the primary risks. Technical indicators and valuation metrics suggest bearish sentiment and limited appeal. However, positive strategic initiatives and revenue growth provide some optimism for future improvement.

Positive Factors

Financial Performance

The company improved its financial position by ending the second quarter of fiscal year 2025 with $0.9M in cash and reducing debt to $9.7M.

Leadership

The appointment of Krishna Vanka as CEO, who has experience leading a major energy company, is seen as a positive leadership change.

Product Strategy

Flux Power is repositioning itself as a multi-solution battery provider with offerings tied to a software-driven solution to efficiently manage the fleet of batteries and applications.

Negative Factors

Market Risks

There is persistent uncertainty related to macroeconomic conditions and other risks such as dilution risk, execution risk, customer concentration, and competition risk.

Order Levels

Orders of $50.3M in FY24 were down 16% y/y, resulting in a book-to-bill of 0.8x for the year.

Revenue Performance

FY24 revenue of $60.8M, down 8.5% y/y, missed analyst's estimate and consensus.

Flux Power Holdings Business Overview & Revenue Model

Company Description

Flux Power Holdings, Inc. (FLUX) is a company that specializes in the design, development, and sale of advanced lithium-ion energy storage solutions for industrial applications. The company's core products include lithium-ion batteries and battery management systems tailored for use in forklifts, airport ground support equipment, and other industrial vehicles and machinery. Flux Power Holdings is positioned in the energy storage and industrial equipment sectors, focusing on providing sustainable and efficient power solutions to enhance operational efficiency and reduce environmental impact.

How the Company Makes Money

Flux Power Holdings makes money primarily through the sale of its lithium-ion battery packs and battery management systems. These products are sold directly to original equipment manufacturers (OEMs) and end-users in various industrial sectors. The company's revenue model revolves around the manufacturing and distribution of custom battery solutions to meet the specific needs of industrial customers, such as those in the material handling, airport ground support, and other sectors requiring reliable and efficient energy storage systems. Key revenue streams include product sales and service contracts, and the company may also engage in partnerships with OEMs to integrate its technology into their industrial vehicles and equipment. Significant factors contributing to its earnings include the growing demand for environmentally friendly and efficient energy solutions and the company's ability to deliver high-quality, reliable products.

Flux Power Holdings Financial Statement Overview

Summary

Flux Power Holdings is facing significant financial challenges. Despite some revenue growth and improved gross profit margin, the company continues to struggle with negative net income and EBIT. The balance sheet reveals high financial leverage with negative stockholders' equity, indicating potential solvency issues. Cash flow improvements are noted but are not sufficient to cover net losses comprehensively.

Income Statement

The company has shown some revenue growth, with TTM revenue increasing from the previous year. However, persistent negative net income and EBIT indicate ongoing profitability challenges. The gross profit margin has improved to 30.3% in TTM, but the net profit margin remains negative, reflecting continued losses. EBITDA margin also remains negative, indicating insufficient operating efficiency.

Balance Sheet

Flux Power Holdings exhibits high financial leverage, with a negative stockholders' equity in the TTM period, indicating potential solvency issues. The debt-to-equity ratio is not calculable due to negative equity, posing significant financial risk. The equity ratio has deteriorated to negative, further highlighting financial instability.

Cash Flow

The company's cash flow position shows improvement, with a positive free cash flow in the TTM period. However, the operating cash flow to net income ratio suggests that cash operations are not yet fully covering net losses. Despite improved free cash flow, the company still faces challenges in sustaining positive cash flows over time.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
62.92M	60.82M	66.34M	42.33M	26.26M	16.84M
	Gross Profit
19.09M	17.23M	17.10M	6.29M	5.79M	2.19M
	EBIT
-6.60M	-6.62M	-5.41M	-16.22M	-13.48M	-12.55M
	EBITDA
-5.59M	-5.57M	-4.50M	-15.65M	-11.50M	-12.41M
	Net Income Common Stockholders
-8.26M	-8.33M	-6.74M	-16.47M	-12.79M	-14.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
505.00K	643.00K	2.38M	485.00K	4.71M	726.00K
	Total Assets
30.57M	32.30M	35.70M	30.88M	26.26M	13.97M
	Total Debt
12.52M	16.16M	13.03M	7.75M	3.30M	12.26M
	Net Debt
12.01M	15.51M	10.65M	7.27M	-1.41M	11.54M
	Total Liabilities
34.94M	32.11M	26.16M	16.95M	13.26M	20.39M
	Stockholders Equity
-4.37M	4.40M	9.55M	13.93M	13.01M	-6.42M
Cash Flow		Free Cash Flow
2.97M	-5.65M	-4.61M	-24.69M	-19.46M	-8.67M
	Operating Cash Flow
3.15M	-4.80M	-3.57M	-23.89M	-18.36M	-8.34M
	Investing Cash Flow
-763.00K	-853.00K	-1.02M	-797.00K	-1.10M	-323.00K
	Financing Cash Flow
-1.67M	3.92M	6.49M	20.46M	23.45M	9.29M

Flux Power Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLUX, the sentiment is Negative. The current price of 1.54 is below the 20-day moving average (MA) of 1.61, below the 50-day MA of 1.65, and below the 200-day MA of 2.04, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 41.46 is Neutral, neither overbought nor oversold. The STOCH value of 24.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FLUX.

Flux Power Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.49B	12.22	5.40%	3.71%	4.17%	-11.97%
PPSI	58 Neutral	$30.25M	―	-43.18%	―	-19.60%	-483.35%
ENVX	56 Neutral	$1.70B	―	-85.86%	―	77.59%	2.01%
OESX	54 Neutral	$18.75M	―	-41.45%	―	-0.63%	60.93%
FLUX	48 Neutral	$25.90M	―	-1582.76%	―	-1.45%	-15.76%
IPWR	44 Neutral	$37.15M	―	-57.21%	―	-93.03%	24.28%
GWH	39 Underperform	$13.19M	―	-172.05%	―	-58.05%	-6.90%

Flux Power Holdings Corporate Events

Flux Power Holdings Concludes Annual Stockholder Meeting

On May 28, 2025, Flux Power Holdings held its 2025 Annual Stockholder Meeting (ASM) where 81.5% of the company’s common stock was represented. During the meeting, all director nominees were elected, and most proposals passed, except for the amendment to increase preferred stock, which did not receive enough votes. The meeting also approved the 2025 Equity Incentive Plan, an increase in authorized common stock, and the ratification of Haskell & White LLP as the independent accounting firm for the fiscal year ending June 30, 2025.

The most recent analyst rating on (FLUX) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Flux Power Holdings stock, see the FLUX Stock Forecast page.

Flux Power Holdings Reports 16% Revenue Increase

On May 8, 2025, Flux Power Holdings reported a 16% increase in revenue for the third fiscal quarter of 2025, reaching $16.7 million, driven by strong demand for its lithium-ion solutions. The company launched new products, including the G-Series G96 High Voltage lithium-ion energy solution for the airline industry’s ground support equipment, and introduced the SkyEMS software platform to enhance battery life management. Flux Power also received significant orders from airlines and medical equipment suppliers, and announced leadership changes with Krishna Vanka as the new CEO. The company’s strategic focus on software-driven energy solutions and AI-based innovations positions it for sustainable growth and recurring revenue streams.

Flux Power Holdings Finalizes CEO Separation Agreement

On March 31, 2025, Flux Power Holdings, Inc. finalized a separation and release agreement with Ronald F. Dutt, its former CEO, President, and Director, following his departure from the company. The agreement includes severance benefits comprising a cash payment of $386,250.02 distributed in twelve installments and a monthly health insurance payment for a year, reflecting standard industry practices for executive transitions.

Flux Power Holdings Reports Strong H1 2025 Results

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.