Kiss of death or a winner in 2023?......
From *...
Liquid assets
Speaking of the essential liquid, the US based wastewater treatment mob Fluence (FLC) is an on-trend stock as far as ESG investing goes, but the shares have largely been unloved despite the company’s progress in securing global sales.
Fluence has a suite of patented and old-school treatment techniques, with a focus on build-own-operate contracts and other recurring revenue.
Fluence reported September (third) quarter revenue of $US29 million, 33 per cent higher with calendar year to date turnover of $US93 million, 39 per cent higher.
The company also lost $US7.2 million in the quarter and has launched a high falutin’ operational improvement program based on excising 10 per cent of its cost base ($US3 million).
With $US5 million of cash versus a $110 million market cap, Fluence does not look extravagantly valued, but we would like to see more of the top line growth flow to profits.
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Kiss of death or a winner in 2023?...... From *......
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Last
9.2¢ |
Change
0.004(4.55%) |
Mkt cap ! $99.44M |
Open | High | Low | Value | Volume |
8.8¢ | 9.2¢ | 8.8¢ | $23.16K | 257.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 38308 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.2¢ | 22322 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 38308 | 0.090 |
1 | 46221 | 0.089 |
1 | 2000 | 0.088 |
3 | 247908 | 0.087 |
2 | 123529 | 0.085 |
Price($) | Vol. | No. |
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0.092 | 22322 | 1 |
0.095 | 43242 | 1 |
0.096 | 8791 | 1 |
0.098 | 4000 | 1 |
0.099 | 10000 | 1 |
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