tiprankstipranks
Advertisement
Advertisement

Carbonxt lifts revenue and margins but remains in the red for first half

Story Highlights
  • Carbonxt grew half-year revenue and gross margins on stronger powdered activated carbon demand, turning underlying EBITDA positive.
  • Despite operational improvements, the company remained loss-making with lower net tangible assets and no dividend, pressuring investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Carbonxt lifts revenue and margins but remains in the red for first half

Meet Samuel – Your Personal Investing Prophet

Carbonxt Group Ltd. ( (AU:CG1) ) just unveiled an announcement.

Carbonxt Group Limited reported a 15.7% rise in revenue to $8.5 million for the half-year to 31 December 2025, driven mainly by stronger demand from its largest powdered activated carbon customer and improved gross margins. Despite posting a statutory net loss of $4.0 million, the group’s underlying EBITDA swung to a modest profit, while underlying EBIT losses narrowed, though net tangible assets per share declined sharply and no dividend was declared, underscoring ongoing balance sheet and profitability pressures.

Management highlighted that underlying EBITDA and EBIT, which exclude significant non-cash items such as fair value movements on financial instruments and share-based payments, better reflect core operating performance. However, high net interest costs and non-cash derivative revaluations continued to weigh on the bottom line, and the reduction in net tangible assets per security may concern investors even as operational metrics, including revenue and gross margin, showed meaningful improvement over the prior corresponding period.

The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.

More about Carbonxt Group Ltd.

Carbonxt Group Limited operates in the emissions control and clean energy materials sector, producing activated carbon products such as powdered activated carbon (PAC) used primarily for industrial air and water purification. The company focuses on supplying large industrial customers, including utilities that require PAC to meet environmental and regulatory standards in their operations.

Average Trading Volume: 154,314

Technical Sentiment Signal: Buy

Current Market Cap: A$38.57M

For an in-depth examination of CG1 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1