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Carbonxt Group Ltd.
(Sydney:CG1)
Carbonxt Group Ltd. (CG1) vs. iShares MSCI Australia ETF (EWA)
Carbonxt Group Ltd. Business Overview & Revenue Model
Carbonxt Group Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.35M | 16.20M | 15.12M | 15.43M | 18.33M | 12.33M |
| Gross Profit | 6.91M | 8.48M | 5.74M | -841.66K | 6.18M | 3.39M |
| EBITDA | 581.39K | -1.35M | -2.75M | -2.32M | -1.59M | -2.86M |
| Net Income | -6.52M | -6.76M | -8.12M | -5.98M | -4.46M | -5.33M |
Balance Sheet | ||||||
| Total Assets | 32.07M | 32.27M | 32.85M | 33.80M | 22.39M | 18.99M |
| Cash, Cash Equivalents and Short-Term Investments | 1.27M | 480.69K | 4.14M | 4.31M | 1.09M | 1.65M |
| Total Debt | 15.57M | 14.83M | 13.68M | 11.58M | 7.50M | 7.39M |
| Total Liabilities | 25.44M | 23.04M | 22.12M | 17.52M | 11.27M | 10.61M |
| Stockholders Equity | 6.63M | 9.22M | 10.73M | 16.28M | 11.12M | 8.38M |
Cash Flow | ||||||
| Free Cash Flow | -658.32K | -4.89M | 1.75M | -3.64M | -3.22M | -4.20M |
| Operating Cash Flow | -685.30K | -4.75M | 2.12M | -2.42M | -2.40M | -2.69M |
| Investing Cash Flow | -2.67M | -3.62M | -1.10M | -9.06M | -1.57M | -1.51M |
| Financing Cash Flow | 3.36M | 4.54M | -1.13M | 14.68M | 2.84M | 5.53M |
Carbonxt Group Ltd. Technical Analysis
Carbonxt Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$34.67M | -2.92 | -67.76% | ― | 7.08% | 33.70% | |
52 Neutral | AU$23.64M | -2.95 | -63.81% | ― | ― | 52.66% | |
45 Neutral | AU$45.62M | -10.44 | -1.75% | ― | -5.37% | -140.00% | |
43 Neutral | AU$25.64M | -1.69 | -869.14% | ― | 340.27% | 19.44% |
Carbonxt Group Ltd. Corporate Events
Carbonxt reported half-year 2026 revenue of A$8.5 million, up 15.7% year on year, with gross margins improving to 54% on the back of stronger pricing, a favourable product mix and tighter cost control. While ACP sales were temporarily hit by a longer-than-expected maintenance outage at the Black Birch plant, volumes are being recovered in the third quarter, and operating cash flow turned positive at A$0.66 million despite the group remaining loss-making.
The company advanced commissioning of its Kentucky activated carbon facility, where kiln construction, refractory heat treatment and back-end infrastructure are largely complete and onsite power is now online. Once fully operational, the Kentucky plant is expected to lift group sales by about 200% and open access to the larger liquid-phase activated carbon market, strengthening Carbonxt’s growth prospects amid regulatory-driven demand for PFAS and emissions treatment solutions.
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.
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.
Carbonxt Group Ltd. has issued 500,000 unquoted convertible notes under security code CG1AV, as disclosed in an Appendix 3G filing dated 25 February 2026. The issuance underscores the company’s continued use of debt-like securities to raise capital away from the ordinary share register.
In addition, the company has created a new class of unquoted options, totaling 1,666,667 options expiring on 25 February 2028 with an exercise price of $0.10. This structure may provide future equity upside for holders and signals Carbonxt’s intent to align longer-term financing with potential share price appreciation while limiting immediate dilution for existing shareholders.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
Carbonxt Group has secured $500,000 in funding through the issue of convertible notes to major shareholder Phelbe Pty Ltd, structured as up to 500,000 notes at a $1.00 face value, convertible at $0.10 and expiring in three years, with free-attaching options on a one-for-three basis. The capital will bolster working capital and fund a further US$250,000 investment in New Carbon Processing, LLC, lifting Carbonxt’s stake to 47.4% and deepening its strategic position in emissions control and activated carbon processing while utilising existing placement capacity under ASX rules.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
Carbonxt Group Ltd has issued a corrected Appendix 4C for the quarter ended 31 December 2025, after identifying a clerical error in its previously lodged cash flow report. An amount of $388,000 related to the company’s recent investment in New Carbon Processing LLC was mistakenly recorded as an expense under operating cash flows instead of being classified as an investment item, and the company has also updated its disclosure to reflect that it is now reporting positive net operating cash flows. Carbonxt emphasised that no other cash movements or cash balances have changed, suggesting that the correction is limited to classification rather than underlying financial performance, which should reassure investors that the company’s cash position and operations remain unaffected by the adjustment.
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.
Carbonxt Group reported a strong December 2025 quarter with customer receipts rising 72% year-on-year to $3.8 million, improved gross margins of 58.8%, and positive EBITDA each month, despite operating cash being temporarily impacted by the deferral of around $900,000 in activated carbon pellet sales into the next quarter due to a maintenance overrun at its Black Birch plant. The company highlighted robust demand for powdered activated carbon supported by existing contracts, ongoing tailwinds from tightening US EPA regulations on PFAS, and progress at its Kentucky activated carbon facility, which has completed kiln construction and key infrastructure and is moving through remediation, commissioning and sample qualification; management expects first revenues from this plant in early 2026 and forecasts that, once fully operational, it could increase group sales by about 200%, broaden Carbonxt’s entry into the larger liquid-phase activated carbon market, and support margin expansion and full-year profitability in FY26.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
Carbonxt Group Ltd has issued 6,666,667 fully paid ordinary shares to raise additional working capital and fund a further US$250,000 investment in New Carbon Processing, LLC, signalling continued commitment to expanding its specialised activated carbon operations. The company confirmed that the share issue was conducted without a disclosure document under relevant Corporations Act provisions and stated it remains compliant with its continuous disclosure and financial reporting obligations, indicating no excluded information, which may reassure investors about governance and transparency around the capital raising.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
Carbonxt Group Ltd has applied to the ASX for quotation of 6,666,667 new fully paid ordinary shares under its existing issuer code CG1. The additional securities, issued on 6 January 2026, expand the company’s quoted share capital and may provide further funding flexibility and liquidity for shareholders, signalling ongoing capital markets activity to support its operations and growth plans.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
Carbonxt Group Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 6,666,667 new fully paid ordinary shares, with the issue date scheduled for 6 January 2026. The capital raising via this share placement is expected to provide additional funding flexibility for the company’s ongoing operations and growth initiatives, potentially strengthening its balance sheet and supporting its positioning in the environmental technology market, though specific use of proceeds was not disclosed.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
Carbonxt Group has raised $600,000 through a placement of 6,666,667 new shares at $0.09 each to major shareholder Phelbe Pty Ltd and several high-net-worth investors, priced at a discount to recent trading levels. The funds will bolster working capital and support a further US$250,000 investment in New Carbon Processing, LLC, lifting Carbonxt’s stake to 46.7% as the Kentucky processing facility advances towards commissioning campaigns, with remediation and additional works under way to support ongoing and redundant operations; all new shares will rank equally with existing ordinary shares.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.