Edison Investment Research - Fluence Corporation (FLC) Fluence Corporation - A quieter Q2

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Edison Investment Research

Fluence Corporation - A quieter Q2

Following a record Q1, Fluence had a quieter Q2. A shortfall in new recurring deals and delays at San Quintin lead us to trim our forecasts. Nevertheless, we see a recovery in H2. With a record backlog, healthy prospects in China and the Ivory Coast project set to ramp, growth should rebound. The commitment to reach positive EBITDA in Q4 remains intact.

05/08/2019 5 EN

Underlying

Fluence Corporation

Fluence is engaged in the application of surface coating and protection and structural rehabilitation and maintenance technologies; and mobile phone handset manufacturing and radio frequency identification tag manufacturing sectors. Through its entities, Co. is also engaged in the infrastructure and resources sectors.

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AU000000FLC5 Australian Securities Exchange Australia

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Fluence Corporation - A quieter Q2

Monthly LMI Update Independent Investment Research

Fluence Corporation - Good progress and guidance unchanged

Fluence Corporation - Contrasting trends continue

MoneyHero - Money saver in South-East Asia

Team Internet Group - Upgrading FY25 EPS by 7% on Shinez

SIGA Technologies - Optimizing the TPOXX value proposition

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