Fluence Energy, Inc.FLNC

Market cap

$2.8B

P/E ratio

	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024
Net income (loss)	-269	-105	30
Depreciation and amortization	-	11	14
Amortization of debt issuance costs	1	1	3
Inventory Write-down	3	-1	24
Stock-based compensation	44	27	24
Deferred income taxes	1	3	-7
Trade receivables	29	13	115
Unbilled receivables	37	51	-25
Receivables from related parties	79	-54	304
Advances to suppliers	45	36	64
Inventory	265	-433	-22
Other current assets	-1	37	11
Other non-current assets	35	17	28
Accounts payable	152	-242	370
Deferred revenue with related parties	78	-191	-72
Deferred revenue	-	-7	-10
Current accruals and provisions	-32	-7	160
Taxes payable	-2	16	23
Other current liabilities	6	39	18
Other non-current liabilities	-4	18	-23
Insurance proceeds received	-10	-	-
Net cash provided by (used in) operating activities	-282	-112	80
Purchase of equity securities	1	-	-
Proceeds from maturities of short-term investments	-	112	-
Payments for purchase of investment in joint venture	-	5	-
Capital expenditures on software	-	9	11
Payments for acquisition of businesses, net of cash acquired	29	-	-
Purchase of property and equipment	8	3	8
Net cash (used in) provided by investing activities	-148	94	-19
Repayment of promissory notes – related parties	50	-	-
Repayment of line of credit	50	-	-
Proceeds from Accounts Receivable Securitization	-	48	-
Class A common stock withheld related to settlement of employee taxes for stock-based compensation awards	-	-	2
Proceeds from Stock Options Exercised	3	7	5
Payment of transaction costs related to issuance of Class B membership units	6	-	-
Payments of debt issuance costs	3	-	8
Proceeds from Issuance Initial Public Offering	948	-	-
Payments of deferred equity issuance cost	7	-	-
Payments for acquisitions	-	-	4
Net cash (used in) provided by financing activities	817	53	-9
Effect of exchange rate changes on cash and cash equivalents	5	-2	4
Net increase (decrease) in cash and cash equivalents	392	33	56
Interest paid	1	2	3
Income Taxes Paid	2	1	3