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Posted On: 02/21/2018 11:43:51 AM
Post# of 40
$FLUX GSE Order Valued Approx $350k
Global Aviation Services Leader Selects Flux Lithium-Ion Batteries to Power Airport Ground Service Equipment in Major Initial Order
Today's order is on top of YTD revenue of $1.35M + $900k in orders shipping before year end 6/30/18, so it brings revenue visibility to $2.575M for FY 2018, on top of which Flux is working on a $3M order pipeline that would bring incremental revenue for the balance of FY 2018.
This brings the likely revenue range for FY 2018 to at least $3-$4M - compared to $0.9M in FY 2017. Given this sharp ramp in sales - Flux believes the dawn of replacement of lead-acid industrial batteries with better performing, lower total cost lithium-ion solutions has arrived in earnest.
Our firm does IR for $FLUX so feel free to write us with any questions you may have at flux@catalyst-ir.com Thanks. David Collins
Global Aviation Services Leader Selects Flux Lithium-Ion Batteries to Power Airport Ground Service Equipment in Major Initial Order
Today's order is on top of YTD revenue of $1.35M + $900k in orders shipping before year end 6/30/18, so it brings revenue visibility to $2.575M for FY 2018, on top of which Flux is working on a $3M order pipeline that would bring incremental revenue for the balance of FY 2018.
This brings the likely revenue range for FY 2018 to at least $3-$4M - compared to $0.9M in FY 2017. Given this sharp ramp in sales - Flux believes the dawn of replacement of lead-acid industrial batteries with better performing, lower total cost lithium-ion solutions has arrived in earnest.
Our firm does IR for $FLUX so feel free to write us with any questions you may have at flux@catalyst-ir.com Thanks. David Collins
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Posts that I make on Investors Hangout reflect my own personal thinking and opinion and are neither endorsed nor approved by the subject companies, many of which may be clients or client prospects of our our NY-based investor relations consulting firm.
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800
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