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Fluence Doubles Q4 Revenue, Eyes 55% Growth in 2025 Amid Ivory Coast Recovery
6:32pm on Sunday 1st of June, 2025 AEST
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Fluence Doubles Q4 Revenue, Eyes 55% Growth in 2025 Amid Ivory Coast Recovery
6:32pm on Sunday 1st of June, 2025 AEST
Key Points
Q4 2024 revenue surged to $21.2M, doubling any quarter in FY 2024
FY 2024 revenue declined 26.5% due to Ivory Coast project delays and China market weakness
Recurring revenue grew 30.5% year-on-year, supporting margin improvements
Backlog of $88M positions Fluence for 55-84% revenue growth in FY 2025
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