Tuesday, October 09, 2018 11:28:04 AM
Press Release
NEW YORK, NY /October 9, 2018 / SeeThruEquity, the leading independent equity research firm focused on smallcap and microcap public companies, today announced it has issued an update note on Flux Power Holdings, Inc. (FLUX).
The report is available here: Flux Update Note
We are updating coverage of Flux Power Holdings, Inc. ("Flux") following revenue growth of over 350% in FY2018 and guidance to more than double revenue in FY2019.
Flux develops and markets advanced lithium-ion batteries that replace lead acid chemistries long used in electric forklifts and airport ground support equipment. Its energy storage systems utilize proprietary battery management system (BMS), as well as in-house engineering and product design to address pain points in industrial battery storage.
Flux's solutions deliver improvements to performance, electricity consumption and cycle life, as well as environmental compliance and greater return on investment than legacy lead acid solutions. Following the initial launch of battery solutions for Class 3 "Walkie" pallet jack forklifts, Flux is introducing bigger, more powerful solutions for Class 1 and Class 2 forklifts, Class 3 end riders, and airport ground support equipment.
Supported by strong growth in FY2018 and an outlook to more than double sales in FY2019, we view Flux as having transitioned from development stage to a growth company targeting an estimated $10 billion opportunity for industrial lithium battery solutions.
Recent FLUX News
- Flux Power Announces Strategic Partnership with Leading Forklift OEM to Launch Private Label Battery Program • Business Wire • 09/12/2024 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2024 08:05:37 PM
- Flux Power to Write Down $1.7 Million in Obsolete Inventory, Requiring Restatement of Certain Previously Issued Financial Statements • Business Wire • 09/05/2024 08:01:00 PM
- Flux Power Expands Commitment to Sustainability with New Partnership for Lithium-ion Battery Recycling • Business Wire • 08/21/2024 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 01:56:47 AM
- Flux Power Receives OEM-Approval for New L-Series L36-630|840 Ah Battery Packs for Class 1 3-Wheel Counterbalance Forklifts • Business Wire • 07/16/2024 12:31:00 PM
- Flux Power to Host Investor Tours at its Lithium-Ion Battery Pack Manufacturing Facility in Vista, California on Wednesday, August 7, 2024 • Business Wire • 07/09/2024 12:31:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/15/2024 12:03:41 AM
- Flux Power to Present at the iAccess Alpha Best Ideas Summer Conference on Tuesday, June 25, 2024 • Business Wire • 06/11/2024 12:31:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 12:10:23 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/17/2024 11:13:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 09:26:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:37:36 PM
- Flux Power Reports Fiscal Year 2024 Third Quarter Financial Results • Business Wire • 05/09/2024 08:05:00 PM
- Flux Power to Host Fiscal Third Quarter 2024 Results Conference Call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time • Business Wire • 04/24/2024 12:31:00 PM
- Flux Power Appoints Mark Leposky to Board of Directors • Business Wire • 04/18/2024 08:05:00 PM
- Flux Power Unveils New Onboard Integrated Charging Option at MODEX 2024 • Business Wire • 03/07/2024 01:31:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 07:00:20 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 05:56:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:30:26 PM
- Flux Power to Unveil New Battery Pack for Narrow Aisle Forklifts and End Rider/Center Rider Forklifts at MODEX 2024 • Business Wire • 03/05/2024 01:31:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/02/2024 01:28:50 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/29/2024 02:05:04 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/29/2024 02:00:30 PM
- Flux Power to Attend the 36th Annual ROTH Conference on March 17-19, 2024 • Business Wire • 02/28/2024 01:31:00 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
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CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM