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Sep 30, 2021
Fluence Q4 2021 Earnings Report
Fluence reported Q4 2021 results, including revenue of $188 million and a net loss of $87 million.
Key Takeaways
Fluence Energy, Inc. reported a decrease in revenue to $188 million for the fourth quarter, compared to $239 million for the same quarter last year. The company delivered a gross loss of $59 million and a net loss of $87 million. Despite these losses, the company achieved record order intake for energy storage product, energy services, and Fluence IQ digital contracts during the fiscal year.
Delivered total revenues of $188 million for the fourth fiscal quarter, compared to $239 million for the same quarter last year.
Delivered a gross loss of $59 million for the fourth fiscal quarter, compared to a gross profit of $12 million for the same quarter last year.
Delivered a net loss of $87 million for the fourth fiscal quarter, compared to a net loss of $1 million for the same quarter last year.
Adjusted EBITDA for the fourth fiscal quarter was $(15) million, compared to $1 million for the same quarter last year.
Fluence
Fluence
Forward Guidance
The Company expects its fiscal year 2022 total revenue to be approximately $1.1 billion to approximately $1.3 billion.