Below are the financial statements of Fluence Energy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in thousands of USD | 2024 as of 2024-09-30 | 2023 as of 2023-09-30 |
---|---|---|
Assets | — | — |
Current assets | — | — |
Cash and cash equivalents | 448,685a | 345,896a |
Restricted cash | 46,089a | 106,835a |
Trade receivables, net | 216,458a | 103,397a |
Unbilled receivables | 172,115a | 192,064a |
Receivables from related parties | 362,523a | 58,514a |
Advances to suppliers | 174,532a | 107,947a |
Inventory, net | 182,601a | 224,903a |
Current portion of notes receivable - pledged as collateral | 30,921a | 24,330a |
Other current assets | 46,519a | 31,074a |
Total current assets | 1,680,443a | 1,194,960a |
Non-current assets | — | — |
Property and equipment, net | 15,350a | 12,771a |
Intangible assets, net | 60,002a | 55,752a |
Goodwill | 27,482a | 26,020a |
Deferred income tax asset, net | 8,880a | 86a |
Note receivable - pledged as collateral | 0a | 30,921a |
Other non-current assets | 110,031a | 31,639a |
Total non-current assets | 221,745a | 157,189a |
Total assets | 1,902,188a | 1,352,149a |
Liabilities and stockholders’ equity | — | — |
Current liabilities | — | — |
Accounts payable | 436,744a | 65,376a |
Deferred revenue | 274,499a | 273,164a |
Deferred revenue with related parties | 38,162a | 110,274a |
Current portion of borrowings against note receivable - pledged as collateral | 30,360a | 22,539a |
Personnel related liabilities | 58,584a | 52,174a |
Accruals and provisions | 338,311a | 175,960a |
Taxes payable | 57,929a | 29,465a |
Other current liabilities | 24,246a | 16,711a |
Total current liabilities | 1,258,835a | 745,663a |
Non-current liabilities | — | — |
Deferred income tax liability | 7,114a | 4,794a |
Borrowings against note receivable - pledged as collateral | 0a | 28,024a |
Other non-current liabilities | 29,100a | 17,338a |
Total non-current liabilities | 36,214a | 50,156a |
Total liabilities | 1,295,049a | 795,819a |
Stockholders’ equity | — | — |
Preferred stock | 0a | 0a |
Class A common stock | 1a | 1a |
Class B-1 common stock | 0a | 0a |
Class B-2 common stock | 0a | 0a |
Treasury stock, at cost | -9,460a | -7,797a |
Additional paid-in capital | 634,851a | 581,104a |
Accumulated other comprehensive (loss) income | -1,840a | 3,202a |
Accumulated deficit | -151,448a | -174,164a |
Total stockholders’ equity attributable to Fluence Energy, Inc. | 472,104a | 402,346a |
Non-controlling interest | 135,035a | 153,984a |
Total stockholders’ equity | 607,139a | 556,330a |
Total liabilities, stockholders’ equity | 1,902,188a | 1,352,149a |
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