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FLNC

16.92USD+1.04(+6.55%)Market Closed

Fluence Energy, Inc.

Market Summary

USD16.92+1.04Market Closed
6.55%

FLNC Stock Price

RSI Chart

Valuation

Market Cap

812.1M

Price/Earnings

-9.05

Price/Sales

0.81

Price/Cashflow

-9.99

MarketCap/EBT

-2.61

Price/Sales

Profitability

EBT Margin

-30.86%

Return on Equity

-19.56%

Return on Assets

-5.37%

Fundamentals

Revenue

Revenue (TTM)

1.0B

Revenue Y/Y

-14.09%

Revenue Q/Q

-30.26%

Earnings

Earnings (TTM)

-89.8M

Earnings Y/Y

50.11%

Earnings Q/Q

-0.84%

Price Action

52 Week Range

36.71
(Low)(High)

Last 7 days

-8.8%

Last 30 days

21.4%

Last 90 days

-6.5%

Trailing 12 Months

-49.8%

Financial Health

Current Ratio

1.56

Investor Care

Diluted EPS (TTM)

-1.64

Financials for Fluence Energy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q22021Q1
Revenue-4.9%1,0091,061735657429
Gross Profit11.8%-97.46-110.47-89.45-12.1912
  S&GA Expenses6.0%3735332220
  R&D Expenses46.4%5638322325
Earnings Before Taxes-11.8%-311.31-278.37-228.29-95.91-69.67
Net Income22.4%-89.78-115.69-121.48-99.74-72.06
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q3
Assets11.4%1,6731,5011,483718-
  Current Assets9.5%1,5511,4161,381662-
    Cash Equivalents3.8%67765263237-
  Inventory28.9%454352442390-
  Net PPE9.4%9898-
  Goodwill175.0%25999-
Liabilities29.1%1,001775705774-
  Current Liabilities28.3%994775702771-
Shareholder's Equity90.1%459241253--
  Retained Earnings-40.3%-67.34-47.99-28.80-279.30-
  Additional Paid-In Capital83.4%531289281--
Shares Outstanding2.7%565454--
Minority Interest-56.2%212484526--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q22021Q1
Cashflow From Operations69.1%-81.26-262.84-363.36-185.70-166.28
  Share Based Compensation26.8%47373300
Cashflow From Investing-942.4%-44.02-4.22-3.75-28.00-40.45
Cashflow From Financing-10.7%1,0871,2181,25016880
  Buy BacksInfinity%200
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on FLNC?

78.7%


Probability that Fluence Energy stock will be more than 20% underwater in next one year

76.6%


Probability that Fluence Energy stock will be more than 30% underwater in next one year.

74.5%


Probability that Fluence Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FLNC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Fluence Energy was unfortunately bought at previous high price.

Returns

Cumulative Returns on FLNC

Which funds bought or sold FLNC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
61,000
207,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-11,000
-
-%
2022-11-15
Pier Capital, LLC
REDUCED
-31.72
168,000
3,479,000
0.60%
2022-11-15
Sandia Investment Management LP
NEW
-
36,000
36,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
897.51
1,619,000
1,732,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
497.14
1,131,000
1,269,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
STATE STREET CORP
ADDED
4.86
3,798,000
9,985,000
-%
2022-11-14
State of Wyoming
NEW
-
18,000
18,000
0.01%
2022-11-14
OCCUDO QUANTITATIVE STRATEGIES LP
NEW
-
1,694,000
1,694,000
0.13%

1–10 of 43

Latest Funds Activity

Are funds buying FLNC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FLNC

Fluence Energy News

InvestorsObserver

Utilities Stocks Moving Up and Down Friday: FLNC, AMPS, AZRE, BNRG, HTOO, ADN, EBR, KEP.32 hours ago

FLNC Fair Value

Recent SEC filings of Fluence Energy

View All Filings
Date Filed Form Type Document
Nov 22, 2022
PRE 14C
PRE 14C
Nov 18, 2022
8-K
Current Report
Nov 01, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 07, 2022
3
Insider Trading
Sep 22, 2022
3
Insider Trading
Sep 19, 2022
8-K
Current Report
Sep 16, 2022
3
Insider Trading

Latest Insider Trading transactions for FLNC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-28
von Heynitz Harald
ACQUIRED
-
-
3,571
-
2022-10-28
Arnold Cynthia A
ACQUIRED
-
-
3,571
-
2022-10-28
Fessenden Elizabeth Anne
ACQUIRED
-
-
3,571
-
2022-10-28
BULLS HERMAN E
ACQUIRED
-
-
3,571
-
2022-09-14
Fehr Dennis
SOLD
-290,405
18.6444
-15,576
SVP & Chief Financial Officer
2022-09-14
Fehr Dennis
ACQUIRED
38,161.2
2.45
15,576
SVP & Chief Financial Officer
2022-09-07
Fehr Dennis
SOLD
-2,318,990
19.3249
-120,000
SVP & Chief Financial Officer
2022-09-07
Fehr Dennis
ACQUIRED
98,000
2.45
40,000
SVP & Chief Financial Officer
2022-09-06
Fehr Dennis
ACQUIRED
39,716.9
2.45
16,211
SVP & Chief Financial Officer
2022-09-06
Fehr Dennis
SOLD
-298,814
18.4328
-16,211
SVP & Chief Financial Officer

1–10 of 37

Manuel Francisco Pérez Dubuc
Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide. The company sells energy storage products with integrated hardware, software, and digital intelligence, as well as engineering and delivery services to support the deployment of its storage products; operational and maintenance, and energy storage-as-a-service; and digital applications and solutions. Its energy storage products include Gridstack, a grid-scale industrial strength energy storage product; Sunstack for optimizing solar capture and delivery; and Edgestack, a commercial energy storage product that discharges when needed to flatten a facility's energy load profile. The company serves utilities, developers, and commercial and industrial customers. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation.

FLNC Income Statement

2022-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenue$ 239,010$ 278,195$ 756,621$ 492,561
Cost of goods and services244,207293,150829,714501,702
Gross (loss) profit(5,197)(14,955)(73,093)(9,141)
Operating expenses:    
Research and development18,1294,74042,22717,251
Sales and marketing8,3986,82627,64716,747
General and administrative27,3349,23883,77124,236
Depreciation and amortization1,9721,2624,8923,494
Interest expense5734241,938899
Other income (expense), net(205)34983(162)
Loss before income taxes(61,808)(37,096)(233,485)(71,930)
Income tax expense (benefit)(979)1,680(493)2,874
Net loss(60,829)(38,776)(232,992)(74,804)
Less: Net loss attributable to the non-controlling interest(41,482)(38,776)(165,656)(74,804)
Net loss attributable to Fluence Energy, Inc.$ (19,347) $ (67,336) 
Weighted average number of Class A common shares outstanding    
Weighted average number of Class A common shares outstanding, basic (in shares)55,625,566 54,637,372 
Weighted average number of Class A common shares outstanding, diluted (in shares)55,625,566 54,637,372 
Loss per share of Class A common stock    
Loss per share of Class A common stock, basic (in usd per share)$ (0.35) $ (1.23) 
Loss per share of Class A common stock, diluted (in usd per share)$ (0.35) $ (1.23) 
Foreign currency translation gain (loss), net of income tax (expense) benefit of $0 in each period$ 1,63119$ 1,910(710)
Total other comprehensive income (loss)1,631191,910(710)
Total comprehensive loss(59,198)(38,757)(231,082)(75,514)
Comprehensive loss attributable to non-controlling interest(40,367)(38,757)(164,470)(75,514)
Total comprehensive loss attributable to Fluence Energy, Inc.(18,831) (66,611) 
Consolidated Entities, Excluding Affiliated Entities    
Total revenue115,999264,683258,850430,397
Affiliated Entity    
Total revenue$ 123,011$ 13,512$ 497,771$ 62,164

FLNC Balance Sheet

2022-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Jun. 30, 2022
Sep. 30, 2021
Current assets  
Cash and cash equivalents$ 676,951,000$ 36,829,000
Restricted cash75,093,0001,240,000
Trade receivables, net of allowances ($82 and $90 at June 30, 2022 and September 30, 2021, respectively)93,196,00046,664,000
Unbilled receivables101,139,000101,975,000
Receivables from related parties49,318,00033,362,000
Advances to suppliers62,197,0009,741,000
Inventory, net453,713,000389,787,000
Other current assets39,140,00041,917,000
Total current assets1,550,747,000661,515,000
Non-current assets  
Property and equipment, net9,292,0008,206,000
Intangible assets, net53,496,00036,057,000
Goodwill25,214,0009,176,000
Deferred income tax asset1,184,0001,184,000
Advances to suppliers17,500,0000
Debt issuance cost2,793,000222,000
Other non-current assets12,349,0001,315,000
Total non-current assets121,828,00056,160,000
Total assets1,672,575,000717,675,000
Current liabilities  
Accounts payable220,586,000158,366,000
Deferred revenue371,030,00071,365,000
Borrowing from line of credit050,000,000
Borrowing from related parties050,000,000
Personnel related liabilities17,462,00012,861,000
Accruals and provisions135,410,000186,143,000
Payables and deferred revenue with related parties233,433,000227,925,000
Taxes payable11,743,00012,892,000
Other current liabilities4,374,0001,941,000
Total current liabilities994,038,000771,493,000
Non-current liabilities  
Other non-current liabilities7,454,0002,381,000
Total non-current liabilities7,454,0002,381,000
Total liabilities1,001,492,000773,874,000
Commitments and contingencies (See Note 12)
Mezzanine equity (0 and 18,493,275 units issued and outstanding as of June 30, 2022 and September 30, 2021, respectively) 117,235,000
Stockholders’ Equity / Members’ Deficit  
Members’ capital contributions 106,152,000
Preferred stock, $0.00001 per share, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 20220 
Treasury stock, at cost(4,991,000) 
Additional paid-in capital530,747,000 
Accumulated other comprehensive income (loss)515,000(285,000)
Accumulated deficit(67,337,000)(279,301,000)
Total stockholder's equity attributable to Fluence Energy, Inc458,935,000 
Total stockholder's equity attributable to Members' deficit (173,434,000)
Non-controlling interest212,148,000 
Total stockholders' equity671,083,000 
Total liabilities, stockholders’ equity, members’ deficit, and mezzanine equity1,672,575,000$ 717,675,000
Class A common stock  
Stockholders’ Equity / Members’ Deficit  
Common stock1,000 
Class B-1 common stock  
Stockholders’ Equity / Members’ Deficit  
Common stock0 
Class B-2 common stock  
Stockholders’ Equity / Members’ Deficit  
Common stock$ 0