Flux Power Holdings (FLUX) AI Stock Analysis

• Market Cap: $40.03M
• Dividend Yield: N/A
• Average Volume (3M): 81.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.47
• Revenue Growth: -1.45%
• EPS Growth: -15.76%
• Country: US
• Employees: 119
• Sector: Industrials
• Sector Strength: 89
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.12
• Shares Outstanding: 16,818,642
• 10 Day Avg. Volume: 176,565
• 30 Day Avg. Volume: 81,350
• 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: 0.62
• Enterprise Value/Revenue: 0.10
• Enterprise Value/Gross Profit: 1.29
• Enterprise Value/Ebitda: -1.10
• 1Y Price Target: $4.90
• Price Target Upside: 133.33% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 58 Neutral
• Price Target: $2.00 ▼(-4.76%Downside)

Flux Power Holdings shows potential with strong revenue growth and strategic initiatives, but financial instability and valuation concerns weigh heavily. Positive technical indicators and optimistic earnings call sentiment offer some upside, yet persistent profitability challenges remain a significant risk.

Positive Factors

Bookings Growth

Bookings reached $32.6M in the first half of fiscal year 2025, significantly increasing compared to $15.6M in the second half of fiscal year 2024.

Financial Position

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 Change

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

Negative Factors

Macroeconomic Risks

FY24 results were impacted by higher interest rates and macroeconomic concerns that postponed orders.

Order Decline

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

Revenue Decline

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
EBITDA	-5.59M	-5.57M	-4.50M	-15.65M	-11.50M	-12.41M
Net Income	-8.26M	-8.33M	-6.74M	-16.47M	-12.79M	-14.34M
Balance Sheet
Total Assets	30.57M	32.30M	35.70M	30.88M	26.26M	13.97M
Cash, Cash Equivalents and Short-Term Investments	505.00K	643.00K	2.38M	485.00K	4.71M	726.00K
Total Debt	12.52M	16.16M	13.03M	7.75M	3.30M	12.26M
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: Positive
• Last Price: 2.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLUX, the sentiment is Positive. The current price of 2.1 is above the 20-day moving average (MA) of 1.63, above the 50-day MA of 1.70, and above the 200-day MA of 1.95, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 65.36 is Neutral, neither overbought nor oversold. The STOCH value of 80.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLUX.

Flux Power Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	€4.05B	9.14	18.29%	3.79%	3.84%	-103.41%
FLUX	58 Neutral	$40.03M	―	-1582.76%	―	-1.45%	-15.76%
ENVX	55 Neutral	$2.50B	―	-85.86%	―	60.23%	51.95%
PPSI	50 Neutral	$29.69M	―	-43.18%	―	-19.60%	-483.35%
IPWR	50 Neutral	$38.65M	―	-57.21%	―	-93.03%	24.28%
OESX	46 Neutral	$20.55M	―	-68.57%	―	-11.99%	0.06%
GWH	42 Neutral	$18.28M	―	-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.