Fluence Energy, Inc. (FLNC) - Energy Storage Solutions

[kettunen]

@Denny

There were quite a few highlights in the report.

Fluence Energy (FLNC) Q4 CY2024 Highlights:

• Revenue: $186.8 million vs analyst estimates of $377.6 million (48.7% year-on-year decline, 50.5% miss)
• EPS (GAAP): -$0.32 vs analyst expectations of -$0.18 (76.9% miss)
• Adjusted EBITDA: -$49.68 million vs analyst estimates of -$30.31 million (-26.6% margin, 63.9% miss)
• The company dropped its revenue guidance for the full year to $3.4 billion at the midpoint from $4 billion, a 15% decrease
• EBITDA guidance for the full year is $85 million at the midpoint, below analyst estimates of $177.7 million
• Operating Margin: -31%, down from -8.2% in the same quarter last year
• Free Cash Flow was -$216.4 million, down from $16.77 million in the same quarter last year
• Backlog: $5.1 billion at quarter end, up 37.8% year on year
• Market Capitalization: $1.63 billion

What a report and a quarter
It seems that no earnings warnings are known in the US market. Everything comes at once in the quarterly report

I don’t feel like digging any deeper to find anything positive there. Maybe tomorrow… I’ll update here when I get even a little motivation to open the report.