Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 2.19
-7.98 %
$ 36.5 M
Market Cap
-5.09
P/E
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.[ Read More ]
The intrinsic value of one FLUX stock under the base case scenario is HIDDEN Compared to the current market price of 2.19 USD, Flux Power Holdings, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart FLUX
FINANCIALS
66.3 M
REVENUE
-5.41 M
OPERATING INCOME
-6.74 M
NET INCOME
-3.57 M
OPERATING CASH FLOW
-1.02 M
INVESTING CASH FLOW
6.49 M
FINANCING CASH FLOW
14.5 M
REVENUE
-2.21 M
OPERATING INCOME
-2.64 M
NET INCOME
-229 K
OPERATING CASH FLOW
-250 K
INVESTING CASH FLOW
145 K
FINANCING CASH FLOW
Balance Sheet Decomposition
Flux Power Holdings, Inc.
| Current Assets | 30.9 M |
| Cash & Short-Term Investments | 2.38 M |
| Receivables | 8.65 M |
| Other Current Assets | 19.9 M |
| Non-Current Assets | 4.76 M |
| Long-Term Investments | 0 |
| PP&E | 4.64 M |
| Other Non-Current Assets | 120 K |
| Current Liabilities | 23.8 M |
| Accounts Payable | 9.74 M |
| Short-Term Debt | 10.7 M |
| Other Current Liabilities | 3.4 M |
| Non-Current Liabilities | 2.33 M |
| Long-Term Debt | 2.33 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Flux Power Holdings, Inc.
| Revenue | 66.3 M |
| Cost Of Revenue | 49.2 M |
| Gross Profit | 17.1 M |
| Operating Expenses | 21.1 M |
| Operating Income | -5.41 M |
| Other Expenses | 1.33 M |
| Net Income | -6.74 M |
RATIOS
25.78%
GROSS MARGIN
-8.16%
OPERATING MARGIN
-10.16%
NET MARGIN
-70.61%
ROE
-18.88%
ROA
-27.80%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Flux Power Holdings, Inc.
| Net Income | -6.74 M |
| Depreciation & Amortization | 899 K |
| Capital Expenditures | -1.03 M |
| Stock-Based Compensation | 798 K |
| Change in Working Capital | 476 K |
| Others | 1.15 M |
| Free Cash Flow | -4.61 M |
Wall Street Analysts Price Targets
Flux Power Holdings, Inc.
Wall Street analysts predict an average 1-year price target for FLUX of $10 , with forecasts ranging from a low of $10 to a high of $10 .
FLUX Lowest Price Target
Wall Street Target
10 USD
356.62%
FLUX Average Price Target
Wall Street Target
10 USD
356.62%
FLUX Highest Price Target
Wall Street Target
10 USD
356.62%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Flux Power Holdings, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
456 K USD 1
6-9 MONTHS
26.2 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Jun 12, 2024
|
Sell 401 K USD
|
Johnson Michael
director, 10 percent owner: |
- 134623
|
2.9824 USD |
|
6 months ago
May 17, 2024
|
Sell 54.7 K USD
|
Johnson Michael
director, 10 percent owner: |
- 16453
|
3.3217 USD |
|
6 months ago
Apr 29, 2024
|
Sell 2.4 K USD
|
Walters-Hoffert Lisa
Director |
- 534
|
4.5 USD |
|
6 months ago
Apr 22, 2024
|
Sell 23.8 K USD
|
Walters-Hoffert Lisa
Director |
- 5909
|
4.0327 USD |
|
1 year ago
Nov 02, 2023
|
Sell 2.1 K USD
|
Scheiwe Charles
CFO and Secretary |
- 638
|
3.2943 USD |
|
1 year ago
Nov 02, 2023
|
Sell 1.28 K USD
|
Mason Jeffrey Curtis
Vice President of Operations |
- 389
|
3.2943 USD |
|
1 year ago
Nov 02, 2023
|
Sell 4.02 K USD
|
DUTT RONALD F
CEO and President |
- 1221
|
3.2943 USD |
|
1 year ago
Oct 31, 2023
|
Sell 1.92 K USD
|
DUTT RONALD F
CEO and President |
- 582
|
3.3 USD |
|
1 year ago
Oct 27, 2023
|
Sell 1.12 K USD
|
DUTT RONALD F
CEO and President |
- 333
|
3.35 USD |
|
1 year ago
Oct 30, 2023
|
Sell 3.6 K USD
|
DUTT RONALD F
CEO and President |
- 1091
|
3.3 USD |
|
1 year ago
Oct 27, 2023
|
Sell 1.12 K USD
|
Scheiwe Charles
CFO and Secretary |
- 333
|
3.35 USD |
|
1 year ago
Oct 30, 2023
|
Sell 2.42 K USD
|
Scheiwe Charles
CFO and Secretary |
- 734
|
3.3 USD |
|
1 year ago
Sep 27, 2023
|
Sell 489 USD
|
Johnson Michael
director, 10 percent owner: |
- 134
|
3.65 USD |
|
1 year ago
Sep 28, 2023
|
Sell 108 K USD
|
Johnson Michael
director, 10 percent owner: |
- 30000
|
3.6144 USD |
|
1 year ago
Sep 25, 2023
|
Sell 26.2 K USD
|
Walters-Hoffert Lisa
Director |
- 6761
|
3.8782 USD |
|
1 year ago
Sep 21, 2023
|
Sell 42.4 K USD
|
Johnson Michael
director, 10 percent owner: |
- 9202
|
4.6038 USD |
|
1 year ago
Sep 18, 2023
|
Sell 41.7 K USD
|
Johnson Michael
director, 10 percent owner: |
- 10000
|
4.1702 USD |
|
1 year ago
Sep 20, 2023
|
Sell 43.7 K USD
|
Johnson Michael
director, 10 percent owner: |
- 10000
|
4.3727 USD |
|
1 year ago
Sep 13, 2023
|
Sell 38.9 K USD
|
Johnson Michael
director, 10 percent owner: |
- 9602
|
4.05 USD |
|
1 year ago
Sep 14, 2023
|
Sell 131 USD
|
Johnson Michael
director, 10 percent owner: |
- 32
|
4.1 USD |
|
1 year ago
Sep 15, 2023
|
Sell 2 K USD
|
Johnson Michael
director, 10 percent owner: |
- 489
|
4.1 USD |
|
1 year ago
Jun 14, 2023
|
Bought 10.8 K USD
|
DUTT RONALD F
CEO and President |
+ 2650
|
4.0691 USD |
|
1 year ago
Jun 13, 2023
|
Sell 16.6 K USD
|
Johnson Michael
director, 10 percent owner: |
- 4000
|
4.15 USD |
|
1 year ago
Jun 08, 2023
|
Sell 26.3 K USD
|
Johnson Michael
director, 10 percent owner: |
- 6440
|
4.078 USD |
|
1 year ago
Jun 09, 2023
|
Sell 14.7 K USD
|
Johnson Michael
director, 10 percent owner: |
- 3560
|
4.1406 USD |
|
1 year ago
Jun 12, 2023
|
Sell 20.8 K USD
|
Johnson Michael
director, 10 percent owner: |
- 5000
|
4.15 USD |
|
1 year ago
Mar 07, 2023
|
Sell 1 K USD
|
Johnson Michael
director, 10 percent owner: |
- 155
|
6.4705 USD |
|
1 year ago
Mar 07, 2023
|
Bought 6.36 K USD
|
Walters-Hoffert Lisa
Director |
+ 1000
|
6.3606 USD |
|
1 year ago
Mar 02, 2023
|
Sell 50.3 K USD
|
Johnson Michael
director, 10 percent owner: |
- 7700
|
6.5302 USD |
|
1 year ago
Mar 03, 2023
|
Sell 146 K USD
|
Johnson Michael
director, 10 percent owner: |
- 22000
|
6.6167 USD |
|
1 year ago
Feb 28, 2023
|
Sell 189 K USD
|
Johnson Michael
director, 10 percent owner: |
- 28200
|
6.7151 USD |
|
1 year ago
Mar 01, 2023
|
Sell 62.5 K USD
|
Johnson Michael
director, 10 percent owner: |
- 9500
|
6.5819 USD |
|
1 year ago
Feb 24, 2023
|
Sell 7.3 K USD
|
Johnson Michael
director, 10 percent owner: |
- 1101
|
6.6329 USD |
|
1 year ago
Feb 27, 2023
|
Sell 60 K USD
|
Johnson Michael
director, 10 percent owner: |
- 8974
|
6.6869 USD |
|
1 year ago
Feb 16, 2023
|
Bought 10 K USD
|
Bo-Linn Cheemin
Director |
+ 1469
|
6.8103 USD |
|
2 years ago
Jun 14, 2022
|
Sell 2 K USD
|
Johnson Michael
director: |
- 889
|
2.2538 USD |
|
2 years ago
Jun 13, 2022
|
Sell 12.6 K USD
|
Johnson Michael
director: |
- 5620
|
2.25 USD |
|
2 years ago
Jun 09, 2022
|
Sell 24.3 K USD
|
Johnson Michael
director, 10 percent owner: |
- 9120
|
2.6592 USD |
|
2 years ago
Jun 09, 2022
|
Sell 11.6 K USD
|
Johnson Michael
director: |
- 4570
|
2.5448 USD |
|
2 years ago
Dec 03, 2021
|
Bought 7.95 K USD
|
Berry Jonathan Andrew
COO |
+ 1673
|
4.75 USD |
|
2 years ago
Dec 01, 2021
|
Bought 24.6 K USD
|
DUTT RONALD F
CEO & President |
+ 4700
|
5.24 USD |
|
2 years ago
Nov 30, 2021
|
Bought 14.8 K USD
|
Scheiwe Charles
CFO & Secretary |
+ 3018
|
4.9008 USD |
|
3 years ago
Jun 09, 2021
|
Sell 93.2 K USD
|
Johnson Michael
director, 10 percent owner: |
- 8460
|
11.0109 USD |
|
3 years ago
Jun 10, 2021
|
Sell 79.6 K USD
|
Johnson Michael
director, 10 percent owner: |
- 7285
|
10.9325 USD |
|
3 years ago
Jun 07, 2021
|
Sell 515 K USD
|
Johnson Michael
director, 10 percent owner: |
- 46963
|
10.9733 USD |
|
3 years ago
Jun 08, 2021
|
Sell 56.7 K USD
|
Johnson Michael
director, 10 percent owner: |
- 5120
|
11.0818 USD |
|
3 years ago
Jun 01, 2021
|
Sell 44.4 K USD
|
Johnson Michael
director, 10 percent owner: |
- 4229
|
10.5079 USD |
|
3 years ago
Jun 02, 2021
|
Sell 251 K USD
|
Johnson Michael
director, 10 percent owner: |
- 23885
|
10.505 USD |
|
3 years ago
Jun 03, 2021
|
Sell 28 K USD
|
Johnson Michael
director, 10 percent owner: |
- 2662
|
10.5 USD |
|
3 years ago
May 27, 2021
|
Sell 264 K USD
|
Johnson Michael
director, 10 percent owner: |
- 25000
|
10.5636 USD |
|
3 years ago
May 28, 2021
|
Sell 144 K USD
|
Johnson Michael
director, 10 percent owner: |
- 13738
|
10.5164 USD |
|
3 years ago
May 24, 2021
|
Sell 30.9 K USD
|
Johnson Michael
director, 10 percent owner: |
- 2810
|
11 USD |
|
3 years ago
May 26, 2021
|
Sell 106 K USD
|
Johnson Michael
director, 10 percent owner: |
- 9848
|
10.7675 USD |
|
3 years ago
Mar 10, 2021
|
Sell 112 K USD
|
Johnson Michael
director, 10 percent owner: |
- 10000
|
11.2297 USD |
|
3 years ago
Mar 11, 2021
|
Sell 178 K USD
|
Johnson Michael
director, 10 percent owner: |
- 15000
|
11.8474 USD |
|
3 years ago
Mar 01, 2021
|
Sell 265 K USD
|
Johnson Michael
director, 10 percent owner: |
- 20000
|
13.2548 USD |
|
3 years ago
Mar 02, 2021
|
Sell 254 K USD
|
Johnson Michael
director, 10 percent owner: |
- 19485
|
13.0505 USD |
|
3 years ago
Mar 03, 2021
|
Sell 58.5 K USD
|
Johnson Michael
director, 10 percent owner: |
- 4451
|
13.1498 USD |
|
4 years ago
Aug 14, 2020
|
Bought 20 K USD
|
Scheiwe Charles
CFO & Secretary |
+ 5000
|
4 USD |
|
4 years ago
Aug 14, 2020
|
Bought 600 K USD
|
Johnson Michael
director, 10 percent owner: |
+ 150000
|
4 USD |
|
4 years ago
Aug 14, 2020
|
Bought 35 K USD
|
DUTT RONALD F
CEO & President |
+ 8750
|
4 USD |
|
4 years ago
Aug 14, 2020
|
Bought 100 K USD
|
Cosentino John A Jr
Director |
+ 25000
|
4 USD |
|
4 years ago
Aug 14, 2020
|
Bought 7.5 K USD
|
Berry Jonathan Andrew
COO |
+ 1875
|
4 USD |
|
3 years ago
Feb 17, 2021
|
Sell 220 K USD
|
Cosentino John A Jr
Director |
- 13830
|
15.9007 USD |
|
4 years ago
Aug 18, 2020
|
Bought 7.5 K USD
|
Berry Jonathan Andrew
COO |
+ 1875
|
4 USD |
|
4 years ago
Aug 18, 2020
|
Bought 20 K USD
|
Scheiwe Charles
CFO & Secretary |
+ 5000
|
4 USD |
|
4 years ago
Aug 18, 2020
|
Bought 100 K USD
|
Cosentino John A Jr
Director |
+ 25000
|
4 USD |
|
4 years ago
Aug 18, 2020
|
Bought 600 K USD
|
Johnson Michael
director, 10 percent owner: |
+ 150000
|
4 USD |
|
4 years ago
Aug 18, 2020
|
Bought 35 K USD
|
DUTT RONALD F
CEO & President |
+ 8750
|
4 USD |
|
4 years ago
Jul 24, 2020
|
Bought 250 K USD
|
Cosentino John A Jr
Director |
+ 62500
|
4 USD |
|
4 years ago
Jul 22, 2020
|
Sell 0 USD
|
Johnson Michael
director, 10 percent owner: |
- 0
|
4 USD |
|
4 years ago
Jun 26, 2020
|
Sell 0 USD
|
Johnson Michael
director, 10 percent owner: |
- 0
|
0 USD |
|
4 years ago
Mar 09, 2020
|
Bought 0 USD
|
Johnson Michael
director, 10 percent owner: |
+ 0
|
0 USD |
|
4 years ago
Dec 31, 2019
|
Bought 0 USD
|
Johnson Michael
director, 10 percent owner: |
+ 0
|
0 USD |
|
5 years ago
Jan 29, 2019
|
Bought 547 K USD
|
Cleveland Capital Management, L.L.C.
10 percent owner |
+ 497100
|
1.1 USD |
|
5 years ago
Dec 26, 2018
|
Bought 2.7 M USD
|
Cleveland Capital Management, L.L.C.
10 percent owner |
+ 2450000
|
1.1 USD |
|
10 years ago
Oct 22, 2014
|
Bought 1.03 K USD
|
DUTT RONALD F
CEO and Interim CFO |
+ 7000
|
0.1475 USD |
|
10 years ago
Oct 21, 2014
|
Bought 923 USD
|
DUTT RONALD F
CEO and Interim CFO |
+ 7097
|
0.13 USD |
|
10 years ago
Oct 21, 2014
|
Bought 890 USD
|
DUTT RONALD F
CEO and Interim CFO |
+ 6900
|
0.129 USD |
|
10 years ago
Oct 17, 2014
|
Bought 2.4 K USD
|
DUTT RONALD F
CEO and Interim CFO |
+ 20000
|
0.12 USD |
7. News
Flux Power Holdings, Inc. Is Being Sued For Violating Securities Laws And The Schall Law Firm Encourages Shareholder Participation
LOS ANGELES, CA / ACCESSWIRE / November 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Flux Power Holdings, Inc. ("Flux Power" or "the Company") (NASDAQ:FLUX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 11, 2022 and September 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 31, 2024.
accesswire.com
- 1 day ago
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Flux Power
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Flux Power To Contact Him Directly To Discuss Their Options
globenewswire.com
- 1 day ago
FLUX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Flux Power Holdings, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / November 15, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Flux securities between November 11, 2022, and September 30, 2024, inclusive (the "Class Period").
accesswire.com
- 1 day ago
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Flux Power
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Flux Power To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Flux Power between November 11, 2022 and September 30, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Flux Power Holdings, Inc. ("Flux Power" or the "Company") (NASDAQ: FLUX) and reminds investors of the December 31, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
prnewswire.com
- 2 days ago
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Flux Power Holdings, Inc. (FLUX)
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming December 31, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Flux Power Holdings, Inc. (“Flux Power” or the “Company”) (NASDAQ: FLUX) securities between November 11, 2022 and September 30, 2024, inclusive (the “Class Period”). If you suffered a loss on your Flux Power investments or would like to inquire about.
businesswire.com
- 2 days ago
Investors Are Invited To Join The Schall Law Firm In A Securities Fraud Case Against Flux Power Holdings Inc
LOS ANGELES, CA / ACCESSWIRE / November 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Flux Power Holdings, Inc. ("Flux Power" or "the Company") (NASDAQ:FLUX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 11, 2022 and September 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 31, 2024.
accesswire.com
- 2 days ago
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Flux Power Holdings, Inc. - FLUX
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Flux Power Holdings, Inc. ("Flux" or the "Company") (NASDAQ:FLUX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
accesswire.com
- 2 days ago
FLUX SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Flux Power Holdings, Inc. Investors Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / November 14, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Flux securities between November 11, 2022, and September 30, 2024, inclusive (the "Class Period").
accesswire.com
- 2 days ago
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Flux Power Holdings, Inc. (FLUX)
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming December 31, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Flux Power Holdings, Inc. (“Flux Power” or the “Company”) (NASDAQ: FLUX) securities between November 11, 2022 and September 30, 2024, inclusive (the “Class Period”). Investors suffering losses on their Flux Power investments are encouraged to contact the Law Offices of Howard G. Smith to.
businesswire.com
- 3 days ago
Flux Power Holdings, Inc. Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Shareholder Participation
LOS ANGELES, CA / ACCESSWIRE / November 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Flux Power Holdings, Inc. ("Flux Power" or "the Company") (NASDAQ:FLUX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 11, 2022 and September 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 31, 2024.
accesswire.com
- 3 days ago
FLUX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Flux Power Holdings, Inc. Investors Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / November 13, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Flux Power Holdings, Inc. ("Flux" or "the Company") (NASDAQ:FLUX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Flux securities between November 11, 2022, and September 30, 2024, inclusive (the "Class Period").
accesswire.com
- 3 days ago
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Flux Power Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – FLUX
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Flux Power Holdings, Inc. (NASDAQ: FLUX) between November 11, 2022 and September 30, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 31, 2024 in the securities class action first filed by the Firm.
globenewswire.com
- 4 days ago
8. Profile Summary
Flux Power Holdings, Inc. FLUX
COUNTRY
US
INDUSTRY
Electrical Equipment & Parts
MARKET CAP
$ 36.5 M
Dividend Yield
0.00%
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.
Contact
2685 South Melrose Drive, Vista, CA, 92081
https://www.fluxpower.com
IPO Date
Aug. 14, 2020
Employees
133
Officers
Cyndi Mendrala
Senior People Resources Manager
Mr. Ronald F. Dutt
Executive Chairman, Chief Executive Officer & President
Mr. Jeffrey Curtis Mason
Vice President of Operations
Mr. Kevin S. Royal CPA
Chief Financial Officer & Corporate Secretary
Mike Messervy
Director of Accounting
Mr. Paulus Geantil
Chief Technology Officer
Mr. Tod N. Kilgore
Vice President of Sales