Flux Power Holdings (FLUX) AI Stock Analysis

• Market Cap: $29.45M
• Dividend Yield: N/A
• Average Volume (3M): 396.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• Revenue Growth: 2.14%
• EPS Growth: 5.01%
• Country: US
• Employees: 119
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.14
• Shares Outstanding: 21,340,136
• 10 Day Avg. Volume: 316,568
• 30 Day Avg. Volume: 396,725
• PEG Ratio: 0.19
• Price to Book (P/B): -4.67
• Price to Sales (P/S): 0.38
• P/FCF Ratio: -587.07
• Enterprise Value/Market Cap: 2.46
• Enterprise Value/Revenue: 1.09
• Enterprise Value/Gross Profit: 3.34
• Enterprise Value/Ebitda: -18.02
• 1Y Price Target: $5.67
• Price Target Upside: 310.87% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -0.24
• Revenue Forecast (FY): $65.25M

• Rating: 42 Neutral
• Price Target: $1.50 ▲(8.70% Upside)

Flux Power Holdings' overall stock score is primarily impacted by its weak financial performance and valuation concerns. While there are strategic initiatives and some positive developments, such as new orders and market expansion, the company's financial instability and bearish technical indicators weigh heavily on the score.

Positive Factors

Patent for Battery Technology

The new patent enhances Flux Power's competitive edge by improving battery life and performance, potentially increasing market share and customer loyalty.

Strategic Financial Improvements

The capital infusion strengthens Flux Power's financial position, enabling investment in growth initiatives and enhancing its ability to weather financial challenges.

Key Certifications and Market Opportunities

These certifications allow entry into new industries, expanding Flux Power's addressable market and potential revenue streams significantly.

Negative Factors

High Financial Leverage

High leverage poses risks to financial stability, limiting flexibility and increasing vulnerability to economic downturns.

Declining Revenue and Gross Margin

The decline in revenue and margins indicates operational challenges and potential difficulties in maintaining profitability.

Increased Net Loss

Rising net losses highlight ongoing profitability issues, which could hinder long-term growth and sustainability.

Flux Power Holdings Business Overview & Revenue Model

Company Description

Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the United States. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift. The company also provides 24-volt onboard chargers for its Class 3 Walkie LiFT packs; and smart wall mounted chargers to interface with its BMS. The company sells its products directly to small companies and end-users, as well as through original equipment manufacturers, lift equipment dealers, and battery distributors. Flux Power Holdings, Inc. was incorporated in 1998 and is based in Vista, California.

How the Company Makes Money

Flux Power generates revenue through the sale of its lithium-ion battery systems and related products. The company's primary revenue streams include direct sales of battery packs to original equipment manufacturers (OEMs) and end-users in the electric vehicle and material handling markets. Additionally, Flux Power may earn revenue through the provision of battery management systems and related services. Strategic partnerships with OEMs and industry players further enhance its market reach and revenue potential, as they facilitate greater adoption of Flux Power's technologies in various applications.

Flux Power Holdings Financial Statement Overview

Summary

Flux Power Holdings faces significant financial challenges, including high leverage, negative equity, and weak cash flow generation. Despite some revenue growth and improved gross profit margins, the company's profitability and financial stability remain major concerns.

Income Statement

Flux Power Holdings shows a mixed performance in its income statement. The company has achieved a modest revenue growth rate of 5.58% in the latest year, indicating some positive momentum. However, profitability remains a significant concern, with negative net profit and EBIT margins, reflecting ongoing operational challenges. The gross profit margin has improved to 32.72%, suggesting some efficiency gains, but overall profitability is still lacking.

Balance Sheet

The balance sheet of Flux Power Holdings reveals substantial financial leverage, with a negative debt-to-equity ratio of -2.77, indicating more debt than equity. The return on equity is positive at 123.50%, but this is due to negative equity, which is a red flag. The equity ratio is also negative, highlighting financial instability and potential risks associated with high leverage.

Cash Flow

Cash flow analysis shows that Flux Power Holdings has managed to improve its free cash flow to net income ratio to 1.0, indicating that it is generating cash flow equivalent to its net losses. However, the operating cash flow to net income ratio is very low at 0.015, suggesting limited cash generation from operations. The free cash flow growth rate is negative, reflecting challenges in sustaining cash flow improvements.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	66.43M	66.43M	60.82M	66.49M	42.33M	26.26M
Gross Profit	21.74M	21.74M	17.23M	15.89M	5.61M	5.79M
EBITDA	-4.03M	-4.03M	-5.57M	-5.51M	-15.65M	-13.20M
Net Income	-6.67M	-6.67M	-8.33M	-7.74M	-16.47M	-12.79M
Balance Sheet
Total Assets	34.75M	34.75M	32.30M	35.70M	29.06M	26.26M
Cash, Cash Equivalents and Short-Term Investments	1.33M	1.33M	643.00K	2.38M	485.00K	4.71M
Total Debt	16.06M	16.06M	16.16M	13.03M	7.75M	3.30M
Total Liabilities	40.16M	40.16M	32.11M	26.16M	16.95M	13.26M
Stockholders Equity	-5.40M	-5.40M	194.00K	9.55M	12.11M	13.01M
Cash Flow
Free Cash Flow	-43.00K	-43.00K	-5.65M	-4.61M	-24.69M	-19.46M
Operating Cash Flow	610.00K	610.00K	-4.80M	-3.57M	-23.89M	-18.36M
Investing Cash Flow	-653.00K	-653.00K	-853.00K	-1.02M	-797.00K	-1.10M
Financing Cash Flow	734.00K	734.00K	3.92M	6.49M	20.46M	23.45M

Flux Power Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

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 1.38 is below the 20-day moving average (MA) of 1.52, below the 50-day MA of 2.75, and below the 200-day MA of 2.19, indicating a bearish trend. The MACD of -0.29 indicates Negative momentum. The RSI at 34.11 is Neutral, neither overbought nor oversold. The STOCH value of 18.80 is Positive, 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 *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ULBI	55 Neutral	$98.56M	56.85	1.26%	―	12.94%	-81.09%
CBAT	46 Neutral	$80.89M	-12.32	-5.16%	―	-22.02%	-156.65%
FLUX	42 Neutral	$29.45M	-3.01	―	―	2.14%	5.01%
GWH	42 Neutral	$39.23M	-0.40	-265.36%	―	-3.53%	24.37%
TE	40 Underperform	$1.79B	-1.88	-55.98%	―	―	-394.37%
SDST	26 Underperform	$32.06M	-0.79	―	―	―	61.78%

Flux Power Holdings Corporate Events

Flux Power Holdings Settlement Receives Preliminary Approval

On December 8, 2025, the United States District Court for the Southern District of California granted preliminary approval for the settlement of claims against current and former officers and directors of Flux Power Holdings, Inc. This settlement, part of a stockholder derivative action, includes corporate governance reforms and a financial arrangement covering attorneys’ fees and expenses, totaling $425,000, with liability insurers expected to fund $187,000. A final settlement approval hearing is scheduled for April 2, 2026.

Flux Power Holdings Regains Nasdaq Compliance

Flux Power Holdings, Inc. was notified by Nasdaq on January 31, 2025, that it did not meet the stockholders’ equity requirement for continued listing. However, by October 14, 2025, the company regained compliance by meeting the market value of listed securities requirement. Despite this, Nasdaq will monitor the company’s compliance for a year, and failure to meet the requirements could lead to a delisting determination. The company has taken steps to improve its financial standing, including a private placement and a public offering, raising approximately $9.2 million, which it believes has increased its stockholders’ equity above the required threshold.

Flux Power Regains Nasdaq Compliance After Appeal

On October 14, 2025, Flux Power Holdings, Inc. announced it had regained compliance with Nasdaq’s listing rules by meeting the market value requirement of at least $35 million. Previously, the company faced potential delisting due to non-compliance with the Stockholders’ Equity Requirement, but successfully appealed and was granted an extension to demonstrate compliance by October 31, 2025. The Nasdaq staff will monitor the company’s compliance for one year, and failure to meet the requirements could lead to a delisting determination.

Flux Power Holdings Adjusts Annual Meeting Schedule

Flux Power Holdings, Inc. announced a change in the timing of its annual stockholders meeting from spring to winter to align with its annual report filing schedule. The 2026 Annual Meeting will be held virtually on December 19, 2025, with October 24, 2025, set as the record date for stockholders eligible to vote. This change advances the meeting date by more than 30 days from the previous year, affecting deadlines for stockholder proposals and nominations, which must be submitted by October 2, 2025, to be considered.

Flux Power Holdings Reports Strong Q4 Revenue Growth

Flux Power Holdings reported a 25% increase in fourth-quarter revenue to $16.7 million and a 9% rise in fiscal year 2025 revenue compared to the previous year. The company secured significant orders from major airlines and was recognized among the fastest-growing companies in the Americas by the Financial Times. Despite macroeconomic uncertainties, Flux Power’s strategic initiatives and recent capital infusion position it optimistically for future growth.

Flux Power Holdings Secures $5M in Private Placement

On September 15, 2025, Flux Power Holdings closed a $5 million private placement involving the sale of Prefunded Warrants and Common Warrants to a select group of accredited investors, including company affiliates. The proceeds are intended for general corporate purposes and growth capital. This transaction, supported by existing shareholders like Cleveland Capital, is expected to enhance Flux Power’s financial position and extend its cash runway, reflecting investor confidence in the company’s growth potential.

Flux Power Holdings Amends Articles to Introduce Preferred Stock

On September 10, 2025, Flux Power Holdings, Inc. filed a Second Amended and Restated Articles of Incorporation, following approval from a majority of stockholders at a special meeting held on August 29, 2025. This amendment increased the authorized shares of preferred stock and introduced the Series A Convertible Preferred Stock, which ranks senior to common stock and offers voting rights, cumulative dividends, and conversion rights, potentially impacting the company’s capital structure and investor appeal.