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Flux Power Holdings, Inc.

FLUX NASDAQ Categories PDF
Industrials · Electrical Equipment & Parts · United States · Updated May 11, 8:55am
$1.03
Price
$18.0M
Market Cap
119
Employees
1.72
Beta
Krishna Vanka
CEO
Business Description

Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the United States. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift. The company also provides 24-volt onboard chargers for its Class 3 Walkie LiFT packs; and smart wall mounted chargers to interface with its BMS. The company sells its products directly to small companies and end-users, as well as through original equipment manufacturers, lift equipment dealers, and battery distributors. Flux Power Holdings, Inc. was incorporated in 1998 and is based in Vista, California.

Business History
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-2.58
Stock Price: $1.03
EPS (Diluted): -0.40
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
-4.67
Stock Price: $1.03
Total Equity: -$5.40M
Shares: 16,717,761
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-113.63
Market Cap: $18.03M
Total Debt: $14.63M
Cash: $1.33M
EBITDA: -$4.03M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$40.0M
Market Cap: $18.03M
Total Debt: $14.63M
Cash: $1.33M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
32.7%
Gross Profit: $21.74M
Revenue: $66.43M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-7.6%
Operating Income: -$5.03M
Revenue: $66.43M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-10.0%
Net Income: -$6.67M
Revenue: $66.43M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-737.5%
Net Income: -$6.67M
Total Equity: -$5.40M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-9.0%
Operating Income: -$5.03M
Tax Rate: 0.0%
Equity: -$5.40M
Total Debt: $14.63M
Cash: $1.33M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.80
Current Assets: $31.80M
Current Liabilities: $39.62M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
-2.71
Short-Term Debt: $14.63M
Long-Term Debt: $0.00
Total Debt: $14.63M
Total Equity: -$5.40M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$3.97
Revenue: $66.43M
Shares: 16,717,761
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$-0.32
Total Equity: -$5.40M
Shares: 16,717,761
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$0.00
Operating CF: $610,000
CapEx: -$653,000
Shares: 16,717,761
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.03
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$6.67M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FLUX against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Metric 2021 2022 2023 2024 2025
Revenue $26.3M $42.3M $66.5M $60.8M $66.4M
Cost of Revenue $20.5M $36.7M $50.6M $43.6M $44.7M
Gross Profit $5.8M $5.6M $15.9M $17.2M $21.7M
Operating Expenses $19.3M $21.8M $22.3M $23.8M $26.8M
Operating Income -$13.5M -$16.2M -$6.4M -$6.6M -$5.0M
Net Income -$12.8M -$16.5M -$7.7M -$8.3M -$6.7M
EBITDA -$13.2M -$15.6M -$5.5M -$5.6M -$4.0M
EPS $-1.22 $-1.03 $-0.48 $-0.50 $-0.40
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $4.7M $485,000 $2.4M $643,000 $1.3M
Total Current Assets $21.7M $24.8M $30.9M $28.3M $31.8M
Total Assets $26.3M $29.1M $35.7M $32.3M $34.8M
Current Liabilities $10.4M $14.6M $23.8M $30.7M $39.6M
Long-Term Debt $0 $0 $0 $0 $0
Total Liabilities $13.3M $16.9M $26.2M $32.1M $40.2M
Total Equity $13.0M $12.1M $9.5M $194,000 -$5.4M
Retained Earnings -$66.2M -$83.6M -$88.6M -$99.7M -$106.4M
Cash Flow (Annual)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$18.4M -$23.9M -$3.6M -$4.8M $610,000
Capital Expenditure -$1.1M $-797,000 -$1.0M $-853,000 $-653,000
Free Cash Flow -$19.5M -$24.7M -$4.6M -$5.7M $-43,000
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $4.0M -$4.2M $1.9M -$1.7M $691,000
Analyst Estimates (Annual)
Metric 2027 2028 2029 2030
Revenue $50.3M
$43.8M – $56.8M
 $68.6M
$63.5M – $75.0M
 $122.8M
$113.6M – $134.3M
 $153.5M
$142.0M – $167.8M
EBITDA -$11.1M
-$12.6M – -$9.7M
 -$15.2M
-$16.6M – -$14.1M
 -$27.2M
-$29.7M – -$25.2M
 -$34.0M
-$37.2M – -$31.5M
Net Income $-951,670
-$18.8M – $6.9M
 $250,767
$-80,245 – $581,778
 $9.7M
$8.8M – $10.9M
 $15.5M
$14.0M – $17.4M
EPS — — — —
Growth Trends (YoY %)
Metric 2022 2023 2024 2025
Revenue Growth +61.2% +57.1% -8.5% +9.2%
Gross Profit Growth -3.2% +183.4% +8.5% +26.2%
Operating Income Growth -20.4% +60.5% -3.2% +24.0%
Net Income Growth -28.8% +53.0% -7.6% +19.9%
EBITDA Growth -18.5% +64.8% -1.0% +27.7%
Insider Trading (Recent)
Date Insider Type Shares Price Value
2026-03-16 Johnson Michael S-Sale 21,371.00 $1.36 $29,065
2026-03-17 Johnson Michael S-Sale 65,510.00 $1.27 $83,198
2025-09-15 Vanka Krishna C P-Purchase 12,150.00 $1.72 $20,837
2025-09-15 Vanka Krishna C P-Purchase 2,582.00 $0.00 $3
2025-09-15 ROYAL KEVIN P-Purchase 2,433.00 $1.72 $4,173
2025-09-15 ROYAL KEVIN P-Purchase 517.00 $0.00 $1
2025-09-15 Robinette Dale Thomas P-Purchase 6,075.00 $1.72 $10,419
2025-09-15 Robinette Dale Thomas P-Purchase 1,291.00 $0.00 $1
2025-09-15 Johnson Michael P-Purchase 109,329.00 $1.72 $187,499
2025-09-15 Johnson Michael P-Purchase 23,233.00 $0.00 $23
2025-09-15 Mason Jeffrey Curtis P-Purchase 2,433.00 $1.72 $4,173
2025-09-15 Mason Jeffrey Curtis P-Purchase 517.00 $0.00 $1
2025-08-01 Vanka Krishna C A-Award 182,927.00 $0.00 $0
2025-08-01 Vanka Krishna C A-Award 121,951.00 $0.00 $0
2025-08-01 ROYAL KEVIN A-Award 84,150.00 $1.88 $158,202
2025-08-01 Mason Jeffrey Curtis A-Award 56,100.00 $1.88 $105,468
2025-04-18 Walters-Hoffert Lisa M-Exempt 17,057.00 $0.00 $0
2025-04-18 Walters-Hoffert Lisa M-Exempt 17,057.00 $0.00 $0
2025-04-18 Johnson Michael M-Exempt 17,057.00 $0.00 $0
2025-04-18 Johnson Michael M-Exempt 17,057.00 $0.00 $0
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27