Fluence Energy Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Year	2023	2022	2021	2020	2019
Revenue	2,218	1,199	680.77	561.32	92.15
Revenue Growth (YoY)	85.05%	76.07%	21.28%	509.13%	-
Cost of Revenue	2,077	1,261	749.91	553.4	100.07
Gross Profit	140.96	-62.35	-69.14	7.92	-7.92
Selling, General & Admin	177.42	153.92	60.79	34.18	28.91
Research & Development	66.31	60.14	23.43	11.54	9.87
Other Operating Expenses	2.88	11.73	5.38	2.37	1.05
Operating Expenses	246.61	225.79	89.6	48.08	39.84
Operating Income	-105.66	-288.15	-158.74	-40.16	-47.75
Interest Expense / Income	-5.39	-0.33	1.44	0.13	0.01
Other Expense / Income	-35.2	-184.69	-162	-46.71	-
Pretax Income	-65.07	-103.13	1.83	6.42	-47.76
Income Tax	4.55	1.36	1.83	6.42	-0.78
Net Income	-69.62	-104.49	0	0	-46.98
Shares Outstanding (Basic)	116	70	117	117	117
Shares Outstanding (Diluted)	116	70	117	117	117
Shares Change	67.04%	-40.50%	-	-	-
EPS (Basic)	-0.60	-1.50	-1.38	-0.40	-0.40
EPS (Diluted)	-0.60	-1.50	-1.38	-0.40	-0.40
Free Cash Flow	-124.15	-290.32	-269.56	-15.8	24.95
Free Cash Flow Per Share	-1.07	-4.16	-2.30	-0.14	0.21
Gross Margin	6.36%	-5.20%	-10.16%	1.41%	-8.59%
Operating Margin	-4.76%	-24.04%	-23.32%	-7.15%	-51.82%
Profit Margin	-3.14%	-8.72%	-	-	-50.98%
Free Cash Flow Margin	-5.60%	-24.22%	-39.60%	-2.81%	27.07%
Effective Tax Rate	-	-	100.00%	100.00%	-
EBITDA	-59.79	-96.35	8.38	9.57	-44.86
EBITDA Margin	-2.70%	-8.04%	1.23%	1.70%	-48.68%
Depreciation & Amortization	10.67	7.11	5.11	3.02	2.89
EBIT	-70.46	-103.45	3.26	6.55	-47.75
EBIT Margin	-3.18%	-8.63%	0.48%	1.17%	-51.82%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).