What is the revenue and EPS growth rate for Flux Power Holdings year over year?

What does Flux Power Holdings do and what are its main business segments?

What is the market's earnings forecast for Flux Power Holdings next quarter?

What factors drove the changes in Flux Power Holdings's revenue and profit?

What is Flux Power Holdings's latest dividend and current dividend yield?

What were the key takeaways from Flux Power Holdings's earnings call?

What guidance did Flux Power Holdings's management provide for the next earnings period?

Did Flux Power Holdings beat or miss consensus estimates last quarter?

- **Revenue Struggles**: Q1 2026 revenue down 18% YoY to $13.2M due to tariff uncertainty, but $2.4M orders indicate recovery.
- **Market Expansion**: Doubled airline customers to 8, targeting $1B TAM in new industries with UL certifications.
- **Cost Efficiency**: 20% headcount reduction cuts operating expenses by 8% YoY, with $13.8M capital raises for growth.
- **Software Growth**: SkyEMS 2.0 now generates recurring revenue, with AI features in development.
- **Q3 Optimism**: CFO expects stronger trends in Q3 2026, despite ongoing macroeconomic challenges.

**【Management Opening Remarks】**
- Joel Achramowicz provided a regulatory disclaimer and introduced the executives, emphasizing forward-looking statements and non-GAAP financial measures.

**【CEO Commentary】**
- **Revenue Challenges**: Q1 2026 revenue of $13.2M (down 18% YoY) due to tariff uncertainty and macroeconomic caution, leading to delayed orders.
- **Order Recovery**: $2.4M in material handling orders and a new airline customer, expanding airline base to 8 (double YoY).
- **Strategic Initiatives**: 
  - **Operational Efficiency**: 20% headcount reduction since CEO's arrival, maintaining production levels.
  - **Product Development**: $13.8M capital raises to accelerate product roadmaps, including UL certifications for new markets ($1B TAM in chemical, agriculture, oil/gas, pharma).
  - **Software Growth**: SkyEMS 2.0 now has paying customers, with AI-driven features in development.
- **Market Expansion**: Gained NASDAQ compliance, added UL 1973 listing for BESS, and secured OEM certification for lift trucks.

**【CFO Financial Commentary】**
- **Financial Performance**: 
  - Gross margin 28.6% (down from 32.4% YoY) due to lower sales and mix shift to lower-margin products.
  - Operating expenses $5.9M (down 8% YoY) from workforce reduction.
  - Net loss $2.6M ($0.15/share), improving from $1.7M ($0.10/share) YoY.
  - Cash balance $1.6M, with $13.8M post-quarter raises for working capital and product development.
- **Balance Sheet**: Ended Q1 with $1.6M cash, up from $0.6M YoY, and $1.3M prior quarter.

**【Q&A Highlights】**
- **Order Trends**: CEO noted Q1 rebound but ongoing headwinds from tariffs and government shutdown. CFO highlighted stronger trends in Q3 2026 calendar year.
- **GSE Market**: Airlines accelerating lithium adoption despite tariffs; Flux now serves 8 airlines, with new customers starting deployments.
- **Tariff Impact**: Short-term pause in orders expected to resolve as clarity improves.


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