bullish
Fluence Corp Ltd - Set up for a strong recovery
SUMMARY
- RaaS has published an update report on environmental services company Fluence Corporation (ASX:FLC) following its Q4 quarterly and financial and operating update and guidance for the FY25 year.
- The company met its previous guidance for revenue of US$51.5m and an EBITDA loss of US$4.0m, which was 9% better than RaaS' forecast for a US$4.4m loss.
- FLC has provided a strong outlook for FY25 guiding to revenue of US$80-95m and EBITDA of US$3.0-5.0m.
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