Flux Power reports Q1 revenue up 9%, Q2 down 8%; CEO change; backlog $19.5M

Flux Power Holdings, Inc.

Q1 FY2025 revenue $16.1M (+9% YoY), gross margin 32% vs 29%; net loss $1.7M vs $2.2M loss.
Q2 FY2025 revenue $16.8M (-8% YoY), gross margin 33% vs 30%; net loss $1.9M vs $0.9M loss.
CEO Krishna Vanka replaces retiring Ron Dutt; Kelly Frey appointed Chief Revenue Officer.
Open order backlog $19.5M as of Feb 28, 2025; new private label battery program with top forklift OEM.
Adjusted EBITDA losses: Q1 -$0.6M, Q2 -$1.0M; cash $0.9M at Dec 31, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.