Fluence Corporation Limited (ASX:FLC)

Fluence Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	12.72	8.95	24.64	30.94	41.36	31.04
Short-Term Investments	0.07	0.03	3.56	4.04	11.4	15.37
Cash & Short-Term Investments	12.79	8.97	28.19	34.97	52.76	46.4
Cash Growth	12.90%	-68.18%	-19.39%	-33.71%	13.70%	72.45%
Accounts Receivable	26.53	36.44	33.7	46.35	33.91	36.41
Other Receivables	2.98	2.47	1.59	2.19	3.08	2.07
Receivables	29.51	38.9	35.3	48.54	36.98	38.49
Inventory	5.93	5.8	5.69	8.55	13.88	12.81
Prepaid Expenses	3.97	-	-	-	10.09	7.82
Restricted Cash	-	-	0.09	0.09	0.11	0.11
Other Current Assets	0.45	3.15	5.03	8.5	0.98	0.96
Total Current Assets	52.64	56.82	74.3	100.66	114.81	106.59
Property, Plant & Equipment	8.56	8.01	8.15	8.85	12.58	12.98
Long-Term Investments	0.34	0.31	0.33	0.35	0.55	0.42
Other Intangible Assets	2.37	2.5	2.77	2.62	2.88	8.75
Long-Term Deferred Tax Assets	1.87	1.89	1.97	-	0.16	0.61
Long-Term Deferred Charges	0.65	0.97	1.14	1.62	3.73	1.83
Other Long-Term Assets	4.01	3.62	4.48	9.53	14.42	23.58
Total Assets	70.43	74.11	93.13	123.62	149.14	154.76
Accounts Payable	10.26	10.8	8.16	17.45	11.74	12.75
Accrued Expenses	21.11	24.65	25.05	33.24	36.91	27.02
Current Portion of Long-Term Debt	20.78	3.17	15.75	1.27	1.94	1.88
Current Portion of Leases	0.46	0.48	0.98	0.97	1.53	1.41
Current Income Taxes Payable	0.08	0.09	0.71	0.12	0.04	0.18
Current Unearned Revenue	22.53	22	22.53	26.73	36.66	33.21
Other Current Liabilities	3.26	1.96	4.38	6.17	3.16	5.11
Total Current Liabilities	78.47	63.15	77.55	85.94	91.97	81.55
Long-Term Debt	-	17.5	2.09	30	30.09	19.83
Long-Term Leases	0.56	0.3	0.5	2.13	4.48	5.34
Long-Term Unearned Revenue	0.16	0.15	0.23	1.78	4.77	15.65
Long-Term Deferred Tax Liabilities	-	0.03	0.05	0.33	0.9	0.93
Other Long-Term Liabilities	-	-	-	-	0.04	0.29
Total Liabilities	79.75	81.6	80.91	120.7	133.15	124.29
Common Stock	232.86	232.61	232.31	207.44	203.73	204.06
Retained Earnings	-240.13	-236.28	-214.88	-198.87	-182.67	-167.97
Comprehensive Income & Other	0.07	-1.61	-3.25	-3.67	-3.17	-3.83
Total Common Equity	-7.19	-5.27	14.18	4.91	17.89	32.25
Minority Interest	-2.12	-2.22	-1.97	-1.99	-1.9	-1.78
Shareholders' Equity	-9.32	-7.49	12.22	2.92	15.99	30.47
Total Liabilities & Equity	70.43	74.11	93.13	123.62	149.14	154.76
Total Debt	21.8	21.45	19.31	34.36	38.03	28.45
Net Cash (Debt)	-9.01	-12.48	8.88	0.62	14.73	17.96
Net Cash Growth	-	-	1344.07%	-95.82%	-17.99%	9.02%
Net Cash Per Share	-0.01	-0.01	0.01	0.00	0.02	0.03
Filing Date Shares Outstanding	1,085	1,081	1,076	650.55	624.85	624.85
Total Common Shares Outstanding	1,085	1,081	1,076	650.55	624.85	624.85
Working Capital	-25.84	-6.33	-3.26	14.72	22.83	25.04
Book Value Per Share	-0.01	-0.00	0.01	0.01	0.03	0.05
Tangible Book Value	-9.56	-7.77	11.41	2.29	15	23.5
Tangible Book Value Per Share	-0.01	-0.01	0.01	0.00	0.02	0.04
Land	-	0.13	0.01	0.01	0.02	0.12
Buildings	-	4.88	4.48	4.12	4.49	3.72
Machinery	-	8.17	12.28	12.38	12.63	11.78
Order Backlog	-	60	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.