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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Fluence Energy, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19
   8-K10-K10-K10-K
Revenues  1,198.6680.8561.392.2
            Revenue growth  76.1%21.3%509.1% 
Cost of goods sold  1,261.0749.9553.4100.1
Gross profit  -62.4-69.17.9-7.9
            Gross margin  -5.2%-10.2%1.4%-8.6%
Selling, general and administrative   [+]153.960.834.228.9
Research and development  60.123.411.59.9
Other operating expenses  4.66.53.12.9
EBITDA   [+]-281.0-154.8-37.9-46.7
            EBITDA margin  -23.4%-22.7%-6.8%-50.7%
Depreciation and amortization  7.15.13.02.9
EBIT   [+]-288.1-159.9-40.9-49.6
            EBIT margin  -24.0%-23.5%-7.3%-53.8%
Interest expense  2.0   
Other income (expense), net   [+]2.3-0.30.61.8
Pre-tax income  -287.8-160.2-40.3-47.8
Income taxes  1.41.86.4-0.8
            Tax rate     1.6%
Minority interest  -184.7   
Net income  -104.5-162.0-46.7-47.0
            Net margin  -8.7%-23.8%-8.3%-51.0%
   
Basic EPS  ($1.50)   
Diluted EPS  ($1.50)   
   
Shares outstanding (basic)  69.7   
Shares outstanding (diluted)  69.7   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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