Flux Power Holdings ( (FLUX) ) has released its Q3 earnings. Here is a breakdown of the information Flux Power Holdings presented to its investors.
Flux Power Holdings, Inc. is a developer of advanced lithium-ion energy storage solutions for the electrification of commercial and industrial equipment, focusing on sectors such as material handling and airport ground support equipment.
In its fiscal year 2025 third-quarter earnings report, Flux Power Holdings announced a 16% increase in revenue to $16.7 million, driven by continued demand across its innovative product portfolio. The company highlighted the launch of its new SkyEMS software platform and a strategic shift towards creating a complete solution with a recurring revenue stream.
Key financial metrics for the quarter included a gross profit increase of 31% to $5.3 million, with a gross margin improvement to 32%. Adjusted EBITDA showed a loss of $1.1 million, an improvement from the previous year’s loss of $1.7 million. Notable operational highlights included a patent award for an AI-based algorithm and major orders from leading airlines, totaling over $6 million, with expectations for more in the current year.
The company also announced leadership changes, with Krishna Vanka taking over as CEO and Kelly Frey appointed as Chief Revenue Officer. These changes are part of a long-term succession plan aimed at supporting the company’s growth and strategic initiatives.
Looking ahead, Flux Power is well-positioned to capitalize on the industry-wide shift to lithium-ion solutions, with a strong order backlog and ongoing product and software development. The management is optimistic about achieving sustainable positive cash flow and continuing to expand its market presence in 2025.