Fluence Energy, Inc. (BMV:FLNC)

Model N Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	436.32	448.69	345.9	357.3	36.83	93.82
Short-Term Investments	-	-	-	110.36	-	-
Cash & Short-Term Investments	436.32	448.69	345.9	467.65	36.83	93.82
Cash Growth	12.38%	29.72%	-26.04%	1169.79%	-60.74%	11.53%
Accounts Receivable	462.29	751.1	353.98	337.32	192.76	184.59
Other Receivables	-	28.98	20.45	14.38	13.29	2.17
Receivables	462.29	810.99	398.76	351.7	206.05	186.75
Inventory	654.3	182.6	224.9	652.74	389.79	37.31
Prepaid Expenses	-	12.44	4.14	3.64	2.48	1.26
Restricted Cash	23.57	46.09	106.84	62.43	1.24	1.24
Other Current Assets	273.21	179.64	114.43	63.38	25.13	7.1
Total Current Assets	1,850	1,680	1,195	1,602	661.52	327.47
Property, Plant & Equipment	46.32	23.54	15.63	16.16	8.21	5.17
Goodwill	28.67	27.48	26.02	24.85	9.18	4.73
Other Intangible Assets	62.27	60	55.75	51.7	36.06	26.3
Long-Term Deferred Tax Assets	2.53	8.88	0.09	3.03	1.18	-
Long-Term Deferred Charges	-	-	-	-	0.22	-
Other Long-Term Assets	85.67	101.85	28.78	24.06	1.32	0.35
Total Assets	2,075	1,902	1,352	1,746	717.68	364.03
Accounts Payable	255.65	436.74	65.38	307.45	162.88	87.59
Accrued Expenses	244.05	363.15	204.82	177.38	202.3	147.81
Short-Term Debt	-	-	-	-	100	-
Current Portion of Long-Term Debt	-	30.36	22.54	-	-	-
Current Portion of Leases	-	3.06	1.57	1.73	-	-
Current Income Taxes Payable	7.02	57.93	29.47	11.11	12.89	5.94
Current Unearned Revenue	593.01	312.66	383.44	573.77	291.49	135.27
Other Current Liabilities	25.1	54.93	38.46	38.02	1.94	1.64
Total Current Liabilities	1,125	1,259	745.66	1,109	771.49	378.24
Long-Term Debt	390.36	-	28.02	-	-	-
Long-Term Leases	-	5.49	1.33	1.01	-	-
Long-Term Deferred Tax Liabilities	7.51	7.11	4.79	4.88	-	0.16
Other Long-Term Liabilities	31.61	23.61	16	1.1	119.62	2.85
Total Liabilities	1,554	1,295	795.82	1,116	891.11	381.25
Common Stock	0	0	0	0	106.15	99.87
Additional Paid-In Capital	623.23	634.85	581.1	542.6	-	-
Retained Earnings	-217.71	-151.45	-174.16	-104.54	-279.3	-117.3
Treasury Stock	-9.95	-9.46	-7.8	-5.01	-	-
Comprehensive Income & Other	11.81	-1.84	3.2	2.78	-0.29	0.2
Total Common Equity	407.38	472.1	402.35	435.83	-173.43	-17.23
Minority Interest	113.46	135.04	153.98	193.38	-	-
Shareholders' Equity	520.84	607.14	556.33	629.21	-173.43	-17.23
Total Liabilities & Equity	2,075	1,902	1,352	1,746	717.68	364.03
Total Debt	390.36	38.92	53.47	2.74	100	-
Net Cash (Debt)	45.97	409.77	292.43	464.91	-63.17	93.82
Net Cash Growth	-85.96%	40.13%	-37.10%	-	-	11.53%
Net Cash Per Share	0.35	2.23	2.51	6.67	-0.54	0.80
Filing Date Shares Outstanding	130.86	129.62	119.31	115.87	54.14	117.14
Total Common Shares Outstanding	130.86	129.42	118.9	115.42	135.67	117.14
Working Capital	724.86	421.61	449.3	492.07	-109.98	-50.77
Book Value Per Share	3.11	3.65	3.38	3.78	-1.28	-0.15
Tangible Book Value	316.45	384.62	320.57	359.28	-218.67	-48.25
Tangible Book Value Per Share	2.42	2.97	2.70	3.11	-1.61	-0.41
Machinery	-	21.68	15.59	7.79	7.18	2.81
Construction In Progress	-	3.43	2.09	6.81	0.86	2.69
Leasehold Improvements	-	1.65	1.51	1.48	1.27	0.73
Order Backlog	-	4,500	-	-	-	-

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