Flux Power Narrows Net Loss in Q4 FY23, Reports 44% YoY Improvement
The company recorded a revenue of $16.3 million, a 7.2% YoY increase
September 27, 2023
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Lithium-ion storage solutions provider Flux Power Holdings’ net loss for the fourth quarter (Q4) of the fiscal year (FY) ended June 30, 2023, was $1.5 million as compared with a net loss of $2.7 million in the Q4 of FY22, a year-over-year (YoY) improvement of 44%.