$FLUX GSE Order Valued Approx $350k Global Avi
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Posted On: 02/21/2018 11:43:51 AM
$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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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