FLUX POWER EARNINGS DRIVERS

The financial results reported May 11 also showed the Company's 9-months ended revenue for fiscal year 2023 was $50 million compared to $27 million a year ago. So, it is still fairly early days, but we are seeing double digit growth in conversions from lead acid to lithium-ion.' Davis noted the positive highlights from FLUX's recently reported third quarter 2023 earnings, particularly how the Company is on track to generate significant annual revenues between $65 to $70 million, which is a run rate that would generate positive cash/EBITDA for the Company. 'The estimates we have been able gather show only an 8-9% penetration of lithium-ion. 'When we show customers the benefits of lithium-ion as an economically viable advanced form of energy, there is a strong demand to replace lead acid batteries,' Dutt said. However, we still have steady demand for lithium-ion energy storage solutions that continue to grow among our customers, and we continue to build relationships and add new, large-company customers.' In response to Davis' consideration of which industries are making an energy transition away from lead acid batteries, Dutt said equipment handling, notably in airport equipment, continues to primarily rely on lead acid batteries. 'Our customers are seeing supply chain shortages and increased prices for shipping and steel abate, which may have impacted their ability to replace material handling equipment. 'Our business has continued unabated due to the strong demand in migration from lead acid to lithium-ion,' said Dutt. Its growth, providing sustainable energy products to replace the lead acid battery packs used to power industrial and commercial equipment, has sustained through market uncertainty, with the Company in the last quarter alone adding two new large fleet customers. The Company has led in the design, manufacture, and sales of lithium battery packs for forklifts, airport equipment and more since 2009. Flux CEO Ron Dutt joined Stock Day host Kevin Davis for an overview of the trends and issues behind a Company achieving 19 consecutive quarters of year-over-year growth providing cleaner energy solutions to power some of the largest fleets of material handling, airport ground support equipment, and stationary energy storage. (NASDAQ: FLUX) ('the Company'), a company that could see revenues swell towards $70 million as more Fortune 500 customers integrate its lithium-ion energy storage solutions for electrification across a range of industrial commercial applications.

May 31, 2023) - The Stock Day Podcast welcomed Flux Power Holdings, Inc. Discusses Significant Revenue, Customer Growth with The Stock Day Podcast

FLUX POWER EARNINGS DRIVERS

The P/E ratio is the most commonly used of these ratios because it focuses on the Flux Power's earnings, one of the primary drivers of an investment's value.Flux Power Holdings, Inc. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

This model doesn't attempt to find an intrinsic value for Flux Power's Stock. Comparative valuation analysis is a catch-all model that can be used if you cannot value Flux Power by discounting back its dividends or cash flows. Flux Power reported Gross Profit of 8.39 Million in 2022. Flux Power Gross Profit is fairly stable at the moment as compared to the past year. It is rated # 2 in gross profit category among related companies. Flux Power Holdings is rated # 2 in earnings per share category among related companies.

Flux power earnings