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Flux Power Holdings, Inc.

FLUX Industrials Electrical Equipment & Parts

Flux Power Holdings, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $42.1 million, down 36.6% from fiscal 2025. In the quarter to June 2026, revenue fell 50.7%, EPS fell 57.1%, free cash flow grew 79.6% and total debt fell 56.9%, each against the same quarter a year earlier.

0.42 0.00 0.00%
Market cap
$9.2M
P/E
0.0×
Fwd P/E
−4.1×
Dividend yield
—
F-score
3/9
Altman Z
−5.22
Beneish M
−2.93
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Flux Power Holdings, Inc. (FLUX) Business Profile

Updated before January 2025

Company Overview

Flux Power Holdings, Inc. (NASDAQ: FLUX) is a leading innovator in the design, development, and manufacturing of advanced lithium-ion energy storage solutions. Founded in 2009 and headquartered in Vista, California, Flux Power has established itself as a pioneer in providing sustainable and efficient energy solutions for industrial and commercial applications. The company was founded with a mission to revolutionize the energy storage industry by replacing traditional lead-acid batteries with environmentally friendly and high-performance lithium-ion technology.

Flux Power is led by a team of experienced professionals with deep expertise in energy storage, engineering, and business management. The company’s leadership includes Ron Dutt, who serves as the Chief Executive Officer, and Chuck Scheiwe, the Chief Financial Officer. Under their guidance, Flux Power has grown into a trusted partner for businesses seeking reliable and sustainable energy solutions.

Core Business Segments

Flux Power operates across several core business segments, focusing on the development and commercialization of lithium-ion battery packs for various industrial applications. The company’s product portfolio is categorized into the following major segments:

Material Handling Equipment

Flux Power provides lithium-ion battery solutions for forklifts, pallet jacks, and other material handling equipment. These batteries are designed to improve operational efficiency, reduce maintenance costs, and enhance sustainability. Key products include:

  • X-Series Battery Packs: Designed for Class III pallet jacks and walkie stackers.
  • S-Series Battery Packs: Tailored for Class I and II forklifts, offering high energy density and long cycle life.

Airport Ground Support Equipment (GSE)

Flux Power’s lithium-ion batteries are widely used in airport ground support equipment, such as baggage tractors and belt loaders. These batteries help reduce emissions and improve energy efficiency in airport operations.

Solar and Renewable Energy Storage

The company also offers energy storage solutions for solar and renewable energy applications. These systems are designed to store excess energy generated from renewable sources, ensuring a consistent power supply.

Other Industrial Applications

Flux Power’s batteries are used in a variety of other industrial applications, including automated guided vehicles (AGVs), robotics, and stationary energy storage systems. The company’s versatile product lineup caters to the diverse needs of its customers.

Business Model

Flux Power’s business model revolves around the integration of cutting-edge technology, customer-centric design, and a commitment to sustainability. The company generates revenue through the sale of its lithium-ion battery packs and related services. Key aspects of its business model include:

  • Research and Development: Flux Power invests heavily in R&D to develop innovative energy storage solutions that meet the evolving needs of its customers.
  • Customization: The company offers tailored battery solutions to address specific customer requirements, ensuring optimal performance and efficiency.
  • After-Sales Support: Flux Power provides comprehensive after-sales support, including maintenance, repair, and technical assistance, to ensure customer satisfaction.
  • Sustainability: By replacing traditional lead-acid batteries with lithium-ion technology, Flux Power helps its customers reduce their carbon footprint and achieve their sustainability goals.

Strategic Direction

Flux Power is focused on expanding its market presence and driving growth through innovation and strategic partnerships. Key elements of the company’s strategic direction include:

  • Product Innovation: Flux Power aims to develop new and improved battery solutions to meet the growing demand for energy-efficient and sustainable technologies.
  • Market Expansion: The company is exploring opportunities to expand its presence in international markets, particularly in regions with high demand for renewable energy and industrial automation.
  • Sustainability Goals: Flux Power is committed to promoting environmental sustainability by reducing greenhouse gas emissions and minimizing waste through the use of recyclable materials.
  • Diversification: The company plans to diversify its product portfolio by entering new markets and developing solutions for emerging applications, such as electric vehicles and grid-scale energy storage.

Competitive Landscape

Flux Power operates in a highly competitive industry, facing competition from both established players and emerging startups. Key competitors include:

  • EnerSys: A global leader in stored energy solutions, offering a wide range of battery technologies.
  • Crown Battery: A manufacturer of lead-acid and lithium-ion batteries for industrial and commercial applications.
  • Trojan Battery Company: Known for its deep-cycle batteries used in renewable energy, golf carts, and other applications.
  • BYD Company: A Chinese multinational specializing in electric vehicles and energy storage solutions.

Despite the competition, Flux Power differentiates itself through its focus on lithium-ion technology, customer-centric approach, and commitment to sustainability.

Risk Factors

Flux Power faces several risks that could impact its business operations and financial performance. Key risk factors include:

  • Market Dependence: The company’s revenue is heavily dependent on the sale of its lithium-ion battery packs, making it vulnerable to fluctuations in market demand.
  • Supply Chain Disruptions: Flux Power relies on a global supply chain for raw materials and components. Disruptions in the supply chain could lead to production delays and increased costs.
  • Regulatory Challenges: The energy storage industry is subject to stringent regulations and standards. Non-compliance could result in fines, product recalls, or reputational damage.
  • Technological Obsolescence: Rapid advancements in battery technology could render Flux Power’s products obsolete if the company fails to keep pace with innovation.

Recent Developments

Flux Power has made significant strides in recent years, introducing new products and expanding its market presence. Recent developments include:

  • Launch of Next-Generation Battery Packs: The company recently unveiled its next-generation lithium-ion battery packs, featuring improved energy density, longer cycle life, and enhanced safety features.
  • Strategic Partnerships: Flux Power has entered into partnerships with leading OEMs and distributors to expand its reach and enhance its product offerings.
  • Sustainability Initiatives: The company has implemented several initiatives to reduce its environmental impact, including the use of recyclable materials and energy-efficient manufacturing processes.
  • Global Expansion: Flux Power has expanded its operations into new markets, including Europe and Asia, to capitalize on the growing demand for energy storage solutions.

Investment Considerations

Investors considering Flux Power as a potential investment should weigh the company’s strengths and risks. Key considerations include:

Strengths

  • Strong focus on innovation and sustainability.
  • Growing demand for lithium-ion battery solutions.
  • Experienced leadership team.
  • Diversified product portfolio catering to multiple industries.

Risks

  • Dependence on a single product category.
  • Exposure to supply chain disruptions and regulatory challenges.
  • Intense competition in the energy storage industry.

Conclusion

Flux Power Holdings, Inc. is well-positioned to capitalize on the growing demand for sustainable energy storage solutions. With its innovative product portfolio, customer-centric approach, and commitment to sustainability, the company is poised for long-term growth. However, investors should carefully consider the risks associated with market dependence, supply chain disruptions, and regulatory challenges. Overall, Flux Power represents a compelling investment opportunity for those seeking exposure to the rapidly evolving energy storage industry.