Fluence Corporation Limited

ASX:FLC Stock Report

Market Cap: AU$102.8m

Fluence Management

Management criteria checks 2/4

Fluence's CEO is Ben Fash, appointed in Dec 2025, has a tenure of less than a year. total yearly compensation is $960.36K, comprised of 33.8% salary and 66.2% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth A$112.50K. The average tenure of the management team and the board of directors is 4.2 years and 2.6 years respectively.

Key information

Ben Fash

Chief executive officer

US$960.4k

Total compensation

CEO salary percentage33.84%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure4.2yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

The Market Lifts Fluence Corporation Limited (ASX:FLC) Shares 27% But It Can Do More

Oct 07
The Market Lifts Fluence Corporation Limited (ASX:FLC) Shares 27% But It Can Do More

Fluence Corporation Limited (ASX:FLC) Soars 31% But It's A Story Of Risk Vs Reward

Jul 14
Fluence Corporation Limited (ASX:FLC) Soars 31% But It's A Story Of Risk Vs Reward

Investors Give Fluence Corporation Limited (ASX:FLC) Shares A 30% Hiding

May 20
Investors Give Fluence Corporation Limited (ASX:FLC) Shares A 30% Hiding
User avatar

US Water Projects Will Face Tariffs, Delays And Experience Recovery

Tariffs and trade uncertainties threaten project execution, impacting revenue and net margins due to increased operational costs and potential production shifts.

Fluence Corporation Limited (ASX:FLC) Might Not Be As Mispriced As It Looks After Plunging 25%

Apr 03
Fluence Corporation Limited (ASX:FLC) Might Not Be As Mispriced As It Looks After Plunging 25%

Slammed 26% Fluence Corporation Limited (ASX:FLC) Screens Well Here But There Might Be A Catch

Nov 04
Slammed 26% Fluence Corporation Limited (ASX:FLC) Screens Well Here But There Might Be A Catch

Fluence (ASX:FLC) Is Carrying A Fair Bit Of Debt

Oct 30
Fluence (ASX:FLC) Is Carrying A Fair Bit Of Debt

Market Cool On Fluence Corporation Limited's (ASX:FLC) Revenues

Aug 30
Market Cool On Fluence Corporation Limited's (ASX:FLC) Revenues

Fluence Corporation Limited's (ASX:FLC) Shares Not Telling The Full Story

May 07
Fluence Corporation Limited's (ASX:FLC) Shares Not Telling The Full Story

Is Fluence (ASX:FLC) Using Debt In A Risky Way?

Mar 15
Is Fluence (ASX:FLC) Using Debt In A Risky Way?

Fluence Corporation Limited (ASX:FLC) Soars 53% But It's A Story Of Risk Vs Reward

Jan 17
Fluence Corporation Limited (ASX:FLC) Soars 53% But It's A Story Of Risk Vs Reward

Fluence Corporation Limited (ASX:FLC) Screens Well But There Might Be A Catch

Jun 22
Fluence Corporation Limited (ASX:FLC) Screens Well But There Might Be A Catch

Is Fluence (ASX:FLC) Using Too Much Debt?

Nov 02
Is Fluence (ASX:FLC) Using Too Much Debt?

Is Fluence (ASX:FLC) Using Debt Sensibly?

Nov 25
Is Fluence (ASX:FLC) Using Debt Sensibly?

Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability

May 09
Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability

Does Fluence (ASX:FLC) Have A Healthy Balance Sheet?

Apr 13
Does Fluence (ASX:FLC) Have A Healthy Balance Sheet?

What Type Of Shareholders Own The Most Number of Fluence Corporation Limited (ASX:FLC) Shares?

Feb 24
What Type Of Shareholders Own The Most Number of Fluence Corporation Limited (ASX:FLC) Shares?

Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability

Feb 03
Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability

Here's Why We're Not Too Worried About Fluence's (ASX:FLC) Cash Burn Situation

Jan 13
Here's Why We're Not Too Worried About Fluence's (ASX:FLC) Cash Burn Situation

Estimating The Intrinsic Value Of Fluence Corporation Limited (ASX:FLC)

Dec 23
Estimating The Intrinsic Value Of Fluence Corporation Limited (ASX:FLC)

Fluence's (ASX:FLC) Stock Price Has Reduced 46% In The Past Three Years

Dec 02
Fluence's (ASX:FLC) Stock Price Has Reduced 46% In The Past Three Years

Is Fluence Corporation Limited (ASX:FLC) Trading At A 41% Discount?

Jun 25
Is Fluence Corporation Limited (ASX:FLC) Trading At A 41% Discount?

CEO Compensation Analysis

How has Ben Fash's remuneration changed compared to Fluence's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-US$16m

Mar 31 2025n/an/a

-US$19m

Dec 31 2024US$960kUS$325k

-US$21m

Sep 30 2024n/an/a

-US$20m

Jun 30 2024n/an/a

-US$17m

Mar 31 2024n/an/a

-US$16m

Dec 31 2023US$1mUS$275k

-US$15m

Compensation vs Market: Ben's total compensation ($USD960.36K) is above average for companies of similar size in the Australian market ($USD308.54K).

Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.

CEO

Ben Fash

less than a year
Tenure
US$960,362
Compensation

Mr. Benjamin A. Fash, also known as Ben, is Chief Executive Officer, Managing Director & Director of Fluence Corporation Limited from December 30, 2025. He served as Chief Financial Officer of Fluence Corp...

Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Fash
CEO, MD & Directorless than a yearUS$960.36k0.11%
A$ 112.5k
Spencer Smith
Chief Talent & Legal Officer8.1yrsUS$639.91k0.11%
A$ 112.5k
Richard Cisterna
Chief Growth Officer4.2yrsUS$641.31k0.017%
A$ 17.9k
Osvaldo Llanes
Chief Financial Officerless than a yearno datano data
Melanie Leydin
Company Secretary5.1yrsno datano data
Natalya Medinina
VP & Corporate Controller4.3yrsno datano data
Manuel de la Mata
Vice President and GM Industrial Water & Reuseno datano datano data
Steven Scheidler
VP and GM of Municipal Water & Wastewaterno datano datano data
Fabio Poletto
VP and GM of Industrial Wastewater & Biogasno datano datano data
Michael Shnitzer
VP and Interim GM SEA & Chinano datano datano data
Sophia Huang
Associate Company Secretaryno datano datano data
4.2yrs
Average Tenure

Experienced Management: FLC's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Benjamin Fash
CEO, MD & Directorless than a yearUS$960.36k0.11%
A$ 112.5k
Douglas Brown
Chairman & Strategic Board Advisor3.8yrsUS$206.40k15.59%
A$ 16.0m
Bruce Logan
Member of Scientific Advisory Boardno datano datano data
Norman Mel Ashton
Non-Executive Director2.6yrsUS$108.40k0.20%
A$ 201.4k
Bruce Rittmann
Member of Scientific Advisory Boardno datano datano data
Derek Lovley
Member of Scientific Advisory Boardno datano datano data
Paul Donnelly
Lead Independent Director7.6yrsUS$138.35k0.17%
A$ 172.9k
Nikolaus Egon Oldendorff
Non- Executive Director1.8yrsUS$43.78k15.23%
A$ 15.6m
2.6yrs
Average Tenure
71yo
Average Age

Experienced Board: FLC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/03 00:21
End of Day Share Price 2026/02/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fluence Corporation Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dan GardinerEdison Investment Research
Graeme CarsonRaaS Advisory Pty Ltd