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Fluence Corporation Limited (ASX:FLC)

ALERT: Price-sensitive ASX Announcement for FLC
Current share price for FLC : $0.066 -0.034 (-34%)+
Announcement
Release
30 Oct 2025 8:55AM
Price at Release
$0.100
Full Release
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Summary
Fluence Corporation Limited has reported significant financial growth in its Q3 2025 business update. The company achieved a total YTD Q3 2025 revenue of $52.4 million, marking a 72.9% increase compared to the same period in 2024. This growth is largely attributed to the Ivory Coast Addendum, which contributed $18.5 million more than the previous year. The company's strategic focus on high-margin Smart Product Solutions (SPS) and Recurring Revenue (RR) has been successful, despite a gross margin decrease to 28.8% due to the Ivory Coast project. The EBITDA for YTD Q3 2025 was $1.2 million, exceeding the prior year's figures by $6.2 million. New orders reached $39.7 million, with a substantial increase in orders from MWW North America, IWR, IWB, and SEA & China. Despite a reduction in operating cash flow expected in Q4 2025 due to timing issues with vendor payments for the Ivory Coast Addendum, the FY2025 cash flow is anticipated to remain positive. Fluence is also advancing its strategic projects, with ongoing efforts to finalize a long-term Operations & Maintenance (O&M) contract for the Ivory Coast plant.
Key Points
  • Total YTD Q3 2025 Revenue of $52.4M, a 72.9% growth over YTD Q3 2024.
  • Ivory Coast Addendum revenue contributed $18.5M more than YTD Q3 2024.
  • YTD Q3 2025 EBITDA was $1.2M, up by $6.2M from the prior year.
  • Gross margins were 28.8% in YTD Q3 2025, a reduction due to the Ivory Coast project.
  • New orders of $39.7M for YTD Q3 2025, with significant order increases from key regions.
  • Operating cash flow expected to be negative in Q4 2025 but positive for FY2025.
  • Progress on Ivory Coast project with milestone payments and ongoing O&M contract negotiations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.