One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Flux Power Holdings, Inc.
FLUX · NCM · Industrials · Electrical Equipment & Parts
Current price
$0.35
52-week range
$0.30 - $2.48
Market cap
$7.71M
Balance sheet
Distressed
-3.77x Concerning
Net debt $7.82M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
Flux Power Holdings, Inc.
Flux Power Holdings designs and sells rechargeable battery systems, mainly for things like forklifts and airport equipment. Their money comes from selling these battery packs and chargers to businesses that use them in their operations. This matters because having reliable and efficient battery power is key for these industries to keep their equipment running smoothly.
How the company got here
Flux Power Holdings, Inc. was founded in 2009 with the goal of developing advanced lithium-ion battery technology to meet the growing demand for reliable and sustainable energy systems. The company has since focused on revolutionizing energy storage by providing innovative lithium-ion solutions for various industries. Flux Power has experienced significant growth, earning recognition on the Financial Times list of the Americas' Fastest Growing Companies in 2025. This growth is attributed to strong customer adoption of their lithium-ion energy solutions and continuous market expansion across industrial sectors. The company has also been recognized with an Innovation in Sustainability Award for its clean and efficient energy lifecycle solutions.
What it actually does
Flux Power designs, develops, manufactures, and sells advanced lithium-ion energy storage solutions. These solutions are primarily for the electrification of industrial and commercial equipment. Their products offer a more efficient, lower-cost, and environmentally friendly alternative to traditional lead-acid or propane-based power sources. The company's core technology includes a proprietary battery management system (BMS) that optimizes battery performance, charging, and monitoring.
Lithium-ion Energy Storage Solutions
This is Flux Power's primary business, accounting for nearly all of its revenue. The company provides lithium-ion battery packs and related energy storage systems. These are used in a variety of industrial applications, with a strong focus on material handling equipment like forklifts and walkie pallet jacks. They also serve the airport ground support equipment (GSE) market, which includes battery packs for equipment like pushback trailers and belt loaders. Flux Power sells these solutions through original equipment manufacturers (OEMs), lift equipment dealers, battery distributors, and directly to end-users, who are often fleet operators looking for better performance and lower lifetime costs compared to older battery technologies.
What management is betting on now
Flux Power's current strategy focuses on achieving profitable growth by streamlining operations for better efficiency and margins. They are emphasizing "solution selling," working with partners and OEMs to offer customized energy systems. A key part of their strategy is to build products that meet specific customer demands through a modular design approach. Additionally, Flux Power is investing in software and recurring revenue streams, having launched their SkyEMS® 3.0 platform, which uses AI for advanced fleet management, positioning them as a technology-driven provider.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2025 Q2
$2.71M
FY2025 Q3
$-1.75M
FY2025 Q4
$-1.75M
FY2026 Q1
$726.00K
FY2026 Q2
$-5.29M
FY2026 Q3
$-1.51M
FY2026 Q4
$5.80M
FY2027 Q1
$301.00K
Revenue
$6.76M
Net income
$-3.17M
Diluted EPS
-0.15
Operating cash flow
$423.00K
Free cash flow
$301.00K
Fetching…
Sources
Revenue
$8.25M
Net income
$-7.40M
Diluted EPS
-0.11
Operating cash flow
$5.90M
Free cash flow
$5.80M
Fetching…
Sources
Revenue
$6.59M
Net income
$-3.17M
Diluted EPS
-0.15
Operating cash flow
$-1.39M
Free cash flow
$-1.51M
Fetching…
Sources
Revenue
$14.12M
Net income
$601.00K
Diluted EPS
0.03
Operating cash flow
$-5.16M
Free cash flow
$-5.29M
Fetching…
Sources
Revenue
$13.18M
Net income
$-2.56M
Diluted EPS
-0.15
Operating cash flow
$889.00K
Free cash flow
$726.00K
Fetching…
Sources
Revenue
$16.74M
Net income
$-1.18M
Diluted EPS
-0.07
Operating cash flow
$-1.60M
Free cash flow
$-1.75M
Fetching…
Sources
Revenue
$16.74M
Net income
$-1.94M
Diluted EPS
-0.12
Operating cash flow
$-1.57M
Free cash flow
$-1.75M
Fetching…
Sources
Revenue
$16.83M
Net income
$-1.89M
Diluted EPS
-0.11
Operating cash flow
$2.83M
Free cash flow
$2.71M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $0.35
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $7.8M. Interest coverage -3.8x.
Net debt
$7.82M
Interest coverage
-3.77x
Flux Power Holdings, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
FLUX
BASELINE
Flux Power Holdings, Inc.
Total debt $8.22M Interest coverage -3.77x This is the baseline the peer rows are being compared against.
Total debt $3.94M Interest coverage -11.07x Neither company has much profit cushion over interest right now.
Total debt $32.93M Interest coverage -1.01x Neither company has much profit cushion over interest right now.
Total debt $1.92M Interest coverage -644.31x Neither company has much profit cushion over interest right now.
Total debt $50.52M Interest coverage 1.59x This peer still has a real interest-payment cushion, while FLUX does not.
What you should know
The case for and against FLUX
0 Rewards
1 Risk
Rewards
Risks
-
Operating margin compressed from -9.6% to -43.8% over 3 years.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
-3.51x
P/B
-17.56x
P/S
0.22x
EV/EBITDA
-2.27x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
29.7%
Operating margin
-43.8%
Net margin
-22.6%
ROE
—
ROA
-17.0%
Health
Liquidity and balance-sheet strength
Debt / equity
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Current ratio
0.90x
Quick ratio
0.21x
Total debt
$8.22M
Total cash
$409.00K
Growth
How the business has been compounding
Revenue TTM
$35.72M
Revenue 5Y CAGR
4.7%
EPS TTM
-0.38
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-231.00K
Free CF TTM
$-6.43M
FCF margin
-18.0%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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