FLC fluence corporation limited

Approx $80 million USD ($105 million AUD) received now out of...

  1. 1,002 Posts.
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    Approx $80 million USD ($105 million AUD) received now out of approx $182 million USD ($238 million AUD) total. The construction stage in still in the beginning stages, probably around 18-20 months left of construction with some COVID delays thrown in.
    There is still around $102 million USD ($133 million AUD) in payments due over this phase, but there will be similar outflows, as this project only has an 18% gross margin ($32.7 million USD).
    What I will be looking for in 2023 is the possibility of winning an O&M contract on this project.
    This is the type of recurring revenue the market likes and could be something in the range of $12 million USD a year for 20 years.

    I have based my figures on the initial project win reports that had the Ivory Coast project valued at approx $182 million USD (€165 million euro).
    Due to the strength of the Euro vs USD the project is now more valuable in USD with an approx $190 million USD value.
    This is potentially better for us shareholders depending on the strength of the euro over the next 2 years and the timing of payments but will fluctuate.

    https://hotcopper.com.au/data/attachments/3241/3241124-8ab584597e32c4b0ab6ac41735d1896c.jpg

    Last edited by Relax1: 04/06/21
 
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Last
5.7¢
Change
-0.001(1.72%)
Mkt cap ! $61.86M
Open High Low Value Volume
5.8¢ 5.8¢ 5.4¢ $1.436K 25.75K

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No. Vol. Price($)
1 5488 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 16699 1
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Last trade - 15.59pm 25/07/2025 (20 minute delay) ?
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