Fluence’s Financial Outlook
Revenue increased by 82% in 2018. This was boosted by a record quarterly revenue of $43.7 million in Q4 2018, an increase of 73% when compared to the corresponding quarter in 2017.
Fluence had a reported US$38.7 million in cash and US$0.7 million in debt at the end of 2018. It recently announced a drawdown of US$2 million in debt to fund a desalination plant project in the Bahamas.
Fluence expects to become EBITDA positive by Q4 2019; however, this could occur earlier due to the new Ivory Coast deal ([COLOR=rgba(248, 60, 31, 1)]Click here to learn what EBITDA means). [/COLOR]
Ann: Media announcement by Hassan Allam Holding, page-64
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $118.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $24.60K | 224.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6992 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 135000 | 3 |
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