Flux Power’s Revenue Up by 61% YoY to $42.3 Million in FY 2022 as Sales Volumes Surge
The company posted a YoY rise of 83% in revenue for the fourth quarter
September 27, 2022
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Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, recorded a 61% year-over-year (YoY) growth in revenue on the back of shipments of $42.3 million for the fiscal year (FY) 2022, compared to $26.3 million in FY 2021.