Fluence Corp Ltd (ASX:FLC)
A$ 0.12 -0.005 (-4%) Market Cap: 129.14 Mil Enterprise Value: 115.70 Mil PE Ratio: 0 PB Ratio: 5.88 GF Score: 53/100
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Q3 2021 Fluence Corporation Ltd Earnings Call Transcript

Oct 27, 2021 / 10:30PM GMT
Release Date Price: A$0.166734
Richard Irving
Fluence Corporation Limited - Chairman & CEO

Welcome to all of you on the line. Good afternoon, evening to those calling from the US. Good morning to those in Australia, New Zealand, and Asia. And a pleasure to be able to bring you our third-quarter activities report.

As you've been hearing now from me for a long time, it seems, too long, we continue to experience COVID headwinds in the business. And what I mean by that is the quarantines that our teams have to go through, particularly in Asia, is a major obstacle to face-to-face meeting and does tend to slow down businesses, slow down the execution of some projects, et cetera.

Nevertheless, through a tremendous amount of assistance from the part of our team, we are delivering as expected on the business so far this year. As evidenced by the numbers, I think you are seeing strong revenue growth. You're seeing strong bookings and backlog on Smart products. So it's really confirming a shift to Smart products that is happening.

And we're seeing continued cost down improvement, despite the fact that we already

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