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Battery Storage Firm Flux Power’s Net Loss Nearly Halves To $2.13 Million in Q1 FY23

The revenue for the quarter was $17.84 million, a YoY rise of 184%

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Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, recorded a net loss of $2.13 million, a 48% year-over-year (YoY) decline in the first quarter (Q1) of the fiscal year (FY) 2023.

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