Flux Power Holdings, Inc. FLUX

Technology SIC 3690 - Miscellaneous Electrical Machinery, Equipment & Supplies NAICS Manufacturing › Electrical Equipment, Appliance, and Component Manufacturing › Other Electrical Equipment and Component Manufacturing derived Nasdaq

Power Holdings, Inc. (the "Company" or "Flux") was incorporated in 1998 in the State of Nevada, and Flux's

operations are conducted through its wholly owned subsidiary, Flux Power, Inc., a California corporation. We design, develop, manufacture,

and sell a portfolio of advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors

which include material handling and airport ground support equipment ("GSE"). We believe our mobile energy storage solutions

Last close 0.41 2026-10-23
Market cap $8.8M 2026-06-30 share count
52-week range 0.39 - 6.40

Valuation FY2026 figures against the last close

P/S0.2x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.38

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue $42.1M$66.4M$60.8M$66.5M$42.3M$26.3M$16.8M$9.3M$4.1M$902.0K
Cost of revenue $29.4M$44.7M$43.6M$50.6M$36.7M$20.5M$14.7M$8.8M$4.9M$1.6M
Gross profit $12.7M$21.7M$17.2M$15.9M$5.6M$5.8M$2.2M$549.0K-$795.0K-$720.0K
R&D $2.8M$4.5M$4.9M$4.7M$6.3M$6.7M$5.0M$4.1M$2.0M$1.1M
SG&A $16.4M$22.3M$18.9M$17.6M$15.5M$12.6M$9.8M$7.7M$3.5M$2.4M
Total operating expenses $19.2M$26.8M$23.8M$22.3M$21.8M$19.3M$14.7M$11.8M$5.4M$3.5M
Operating income -$6.5M-$5.0M-$6.6M-$6.4M-$16.2M-$13.5M-$12.5M-$11.3M-$6.2M-$4.2M
Interest expense $853.0K$1.6M$1.7M$1.3M$252.0K$622.0K$1.8M$699.0K$0$273.0K
Pre-tax income $7.4M-$6.7M-$8.3M-$7.7M———-$12.4M-$7.0M-$4.4M
Income tax $1.0K$4.0K$3.0K$2.0K———$0$0$0
Net income -$7.4M-$6.7M-$8.3M-$7.7M-$16.5M-$12.8M-$14.3M-$12.4M-$7.0M-$4.4M
EPS, basic -0.38-0.40-0.50-0.48-1.07-1.08————
EPS, diluted -0.38-0.40-0.50-0.48-1.07-1.08-2.80-2.84-2.74-0.18
Shares, diluted (wtd. avg.) 19.8M16.7M16.5M16.1M15.4M11.8M————

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $300.0K$1.3M$643.0K$2.4M$485.0K$15.7M$726.0K$102.0K$2.7M$121.0K
Receivables $4.9M$11.4M$9.8M$8.8M$8.6M$4.5M$3.1M$2.4M$946.0K$80.0K
Inventory $14.8M$17.2M$17.0M$16.2M$14.4M$12.7M$5.3M$3.8M$1.5M$1.6M
Total current assets $20.7M$31.8M$28.3M$28.3M$24.8M$33.9M$9.8M$6.7M$5.3M$1.8M
Property, plant and equipment $476.0K$708.0K$1.7M$1.8M$1.6M$1.5M$528.0K$346.0K$87.0K$59.0K
Other intangibles $763.0K$846.0K————————
Total assets $24.2M$34.8M$32.3M$33.0M$29.1M$38.4M$14.0M$7.2M$5.4M$1.9M
Accounts payable $8.5M$16.3M$11.4M$9.9M$6.6M$9.3M$4.6M$2.5M$417.0K$367.0K
Short-term debt ——————$2.1M———
Total current liabilities $20.0M$39.6M$30.7M$24.0M$14.6M$12.1M$15.8M$10.3M$12.7M$6.5M
Total liabilities $21.6M$40.2M$32.1M$26.3M$16.9M$14.9M$20.4M$10.4M$12.8M$6.7M
Retained earnings -$113.8M-$106.4M-$99.7M-$91.4M-$83.6M-$71.5M-$53.4M-$39.1M-$26.7M-$19.7M
Total equity $2.6M-$5.4M$194.0K$6.7M$12.1M$12.0M-$6.4M-$3.2M-$7.4M-$4.7M

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow -$5.9M$610.0K-$4.8M-$3.6M-$23.9M-$18.4M-$8.3M-$10.7M-$6.5M-$5.7M
Depreciation and amortisation —$1.0M$1.0M$899.0K$575.0K$274.0K$141.0K$81.0K$57.0K$40.0K
Stock-based compensation $973.0K$979.0K$1.6M$798.0K$711.0K$797.0K$1.8M$1.9M$255.0K$40.0K
Capital expenditure $509.0K$653.0K$853.0K$1.0M$797.0K$1.1M$323.0K$275.0K$85.0K$53.0K
Investing cash flow -$509.0K-$653.0K-$853.0K-$1.0M-$797.0K-$1.1M-$323.0K-$275.0K-$85.0K-$53.0K
Financing cash flow $5.4M$734.0K$3.9M$6.5M$20.5M$23.4M$9.3M$8.4M$9.2M$5.7M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-039471.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -25M 0 25M 50M 75M Revenue, FY2017: 902K Gross profit, FY2017: -720K Net income, FY2017: -4.4M Revenue, FY2018: 4.1M Gross profit, FY2018: -795K Net income, FY2018: -7M Revenue, FY2019: 9.3M Gross profit, FY2019: 549K Net income, FY2019: -12.4M Revenue, FY2020: 16.8M Gross profit, FY2020: 2.2M Net income, FY2020: -14.3M Revenue, FY2021: 26.3M Gross profit, FY2021: 5.8M Net income, FY2021: -12.8M Revenue, FY2022: 42.3M Gross profit, FY2022: 5.6M Net income, FY2022: -16.5M Revenue, FY2023: 66.5M Gross profit, FY2023: 15.9M Net income, FY2023: -7.7M Revenue, FY2024: 60.8M Gross profit, FY2024: 17.2M Net income, FY2024: -8.3M Revenue, FY2025: 66.4M Gross profit, FY2025: 21.7M Net income, FY2025: -6.7M Revenue, FY2026: 42.1M Gross profit, FY2026: 12.7M Net income, FY2026: -7.4M FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue $902.0K $4.1M $9.3M $16.8M $26.3M $42.3M $66.5M $60.8M $66.4M $42.1M
Gross profit -$720.0K -$795.0K $549.0K $2.2M $5.8M $5.6M $15.9M $17.2M $21.7M $12.7M
Net income -$4.4M -$7.0M -$12.4M -$14.3M -$12.8M -$16.5M -$7.7M -$8.3M -$6.7M -$7.4M

Recent filings and events

  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Other event Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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