(ASX: FLC – Fluence Corporation)
SP: 69.0¢
52-week range (A$) $ 0.65 -$ 1.11
MC: $272.8M
Shares outstanding (m) 374.04m
Avg. Daily Turnover (A$m) 0.5
Cash: 44m USD in cash
Shares outstanding 419m
Website: https://www.fluencecorp.com
Fluence Corporation Ltd, formerly Emefcy Group Ltd, is an Israel-based company that is engaged in providing water treatment solutions. It offers decentralized, packaged water and wastewater treatment solutions with the goal of becoming the leading global provider of fast-to-deploy, decentralized, and packaged water and wastewater treatment solutions, a market worth more than A$17 billion (US$13 billion).
HIGHLIGHTS
- China network in place – ready to ramp on securing contracts in the near term
- First Full-scale SUBRE contract woNirobox on track for 4x Y/Y growth
- Nirobox on track for 4x Y/Y growth
- Wuxi Design Institute (SOE) Certification completClear competitive Advantage - Up to 90% less energy, halves opex, fast time to market
- Clear competitive Advantage - Up to 90% less energy, halves opex, fast time to market
- US$44M in cash (excluding prepayments) - Minimal debt
- Looks as though the bounce has come on the chart
- Needs some volume for confirmation of the triple bottom.
