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Fluence Corporation Limited (ASX:FLC)

ALERT: Price-sensitive ASX Announcement for FLC
Current share price for FLC : $0.070 -0.008 (-10.26%)+
Release
31 Jul 2026 8:29AM
Price at Release
$0.078
Full Release
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Summary
In Q2 2026, Fluence Corporation Limited reported significant strategic growth with key orders in SEA, China, and other regions, contributing to total new order bookings of $16.1M. The company achieved record-high TTM new order bookings, with forecasts indicating further growth in H2 2026. Fluence's backlog stood at $59.8M as of the end of Q2. The firm is focusing on higher margin Smart Product Solutions and recurring revenue, which now form 53% and 21% of total revenue, respectively. The company saw notable geographic growth in South America and the Middle East and is expanding its presence in North America. Revenue for H1 2026 increased by 14.7% compared to H1 2025, marking its best H1 EBITDA in over five years at $3.4M.
Key Points
  • Q2 2026 saw significant strategic orders from SEA, China, and IWR.
  • Total new order bookings for Q2 and H1 2026 amounted to $16.1M and $23.6M, respectively.
  • Fluence Corporation achieved record levels of TTM new order bookings.
  • H2 2026 is forecasted to have higher orders and strong growth compared to H1 2026.
  • The company's backlog at the end of Q2 2026 was $59.8M.
  • Fluence is focusing on higher margin Smart Product Solutions (SPS) and recurring revenue (RR), now accounting for 53% and 21% of total revenue, respectively.
  • Significant growth was reported in South America and the Middle East, with increased presence in North America.
  • Fluence aims to transition from custom engineered solutions to a model focused on SPS and recurring revenue.
  • Revenue for H1 2026 was $37.6M, up 14.7% on H1 2025.
  • The company has achieved its best H1 EBITDA in over five years, reaching $3.4M.
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.