Fluence Corporation (ASX: FLC) expects to deliver EBITDA of USD 3.5-4.0 million in FY24.

Fri 09 Feb 24, 02:53 AM | Team Kalkine

Image source: SARAWUT KUNDEJ,Shutterstock

Highlights

Fluence Corporation Limited (ASX: FLC) is an ASX-listed capital goods company that offers plug-and-play, cost effective and high-quality water and wastewater treatment solutions that can be installed quickly, maintained easily and operated automatically, so that customer get clean and reliable water. The company provides its services through its pre-engineered, standardized Smart Products Solutions (SPS).

In the financial year 2023 (FY23), the company reported a 40% YoY decline in revenue to USD 70.1 million. Its revenue was impacted by the wind-down of the Ivory Coast Main Works which led to USD 47.3 million decline in revenue.

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