Welcome to our dedicated page for Flux Pwr Hldgs news (Ticker: FLUX), a resource for investors and traders seeking the latest updates and insights on Flux Pwr Hldgs stock.
Flux Power Holdings, Inc. (NASDAQ: FLUX) is frequently featured in news coverage for its work in advanced lithium-ion energy storage and software-driven electrification for commercial and industrial equipment. News about Flux Power often centers on its activities in material handling, airport ground support equipment (GSE), and stationary energy storage, as well as developments in its battery management and software platforms.
Recent announcements have highlighted multi‑million‑dollar purchase orders from major North American airlines for lithium-ion solutions used in ground support equipment such as baggage tractors, belt loaders, and aircraft pushbacks. The company has also reported repeat orders from a leading global food and beverage distribution company and a global industrial equipment manufacturer, reflecting continued adoption of its material handling energy solutions.
Flux Power news updates include technology milestones, such as a U.S. patent for a State of Health (SoH) system that uses algorithms and predictive modeling to monitor and extend the life of lithium-ion battery packs. The company has also announced UL EE Listing across its material handling portfolio and UL 1973 Listing for its 80V G80‑G2 solution for GSE applications, which are presented as important safety and reliability certifications.
Investors following FLUX news will also see coverage of capital markets activity, including public offerings, private placements, and SEC registration statements, as well as disclosures about Nasdaq listing compliance. Conference participation, investor presentations, and quarterly and annual financial results are additional recurring themes. This news page aggregates these updates so readers can review Flux Power’s reported orders, certifications, software releases, financial disclosures, and governance developments in one place.
Flux Power Holdings, Inc. (NASDAQ: FLUX) will announce its financial results for the First Quarter FY 2021 before market opening on November 12, 2020. A conference call is scheduled for 4:30 PM ET to discuss these results and provide company updates. Interested participants can join by calling (833) 428-8374, with international callers using (270) 240-0543. The conference ID is 7063928. Flux Power specializes in advanced lithium-ion battery solutions for industrial applications, offering a more environmentally friendly alternative to traditional energy sources.
Flux Power Holdings, Inc. (Nasdaq: FLUX) reported significant financial growth for Q4’20 and FY’20, with Q4 revenue up 107% to $6.3M and FY revenue up 81% to $16.8M. Gross margins improved, reaching 17% in Q4 and 13% for FY. The company uplisted to Nasdaq, raised $12.4M in equity, and converted $8.3M of debt to equity. New product launches and partnerships are set to further drive growth. Despite an increased net loss of $14.3M for FY’20, management remains optimistic about continued revenue growth in FY’21, leveraging a strong order backlog and expanding product offerings.