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The latest update is out from Calix Ltd. ( (AU:CXL) ).
Calix Ltd. reported significant achievements for the financial year 2025, including an 11% increase in revenue to $33.9 million and a 23% reduction in operating costs in the second half of the year. The company extended its cash runway to 18 months, supported by revenue growth, reduced costs, and strategic capital investments. Calix also made progress in its commercialization efforts, notably securing a grant agreement of up to $44.9 million from the Australian Renewable Energy Agency for its ZESTY Green Iron Demonstration Plant, highlighting its commitment to sustainable processing and innovation.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
More about Calix Ltd.
Calix Ltd. is an Australian environmental technology company that focuses on developing innovative solutions for sustainable processing. The company is involved in projects related to magnesia, lithium, and iron processing, with a market focus on reducing environmental impact through technology.
Average Trading Volume: 293,925
Technical Sentiment Signal: Sell
Current Market Cap: A$95.53M
For an in-depth examination of CXL stock, go to TipRanks’ Overview page.