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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 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.05M | 15.12M | 15.43M | 18.33M | 12.20M | 15.60M |
| Gross Profit | 5.65M | 5.74M | 4.55M | 6.18M | 3.26M | 4.86M |
| EBITDA | -4.87M | -2.75M | -2.32M | -1.59M | -2.86M | -2.03M |
| Net Income | -8.96M | -8.12M | -5.98M | -4.46M | -5.33M | -4.39M |
Balance Sheet | ||||||
| Total Assets | 33.47M | 32.85M | 33.80M | 22.39M | 18.99M | 19.81M |
| Cash, Cash Equivalents and Short-Term Investments | 932.89K | 4.14M | 4.31M | 1.09M | 1.65M | 312.76K |
| Total Debt | 13.35M | 13.68M | 11.58M | 7.50M | 7.39M | 7.83M |
| Total Liabilities | 21.48M | 22.12M | 17.52M | 11.27M | 10.61M | 12.98M |
| Stockholders Equity | 11.99M | 10.73M | 16.28M | 11.12M | 8.38M | 6.82M |
Cash Flow | ||||||
| Free Cash Flow | -527.56K | 1.75M | -3.64M | -3.22M | -4.20M | -5.64M |
| Operating Cash Flow | -319.32K | 2.12M | -2.42M | -2.40M | -2.69M | -2.37M |
| Investing Cash Flow | -2.06M | -1.10M | -9.06M | -1.57M | -1.51M | -3.19M |
| Financing Cash Flow | 1.82M | -1.13M | 14.68M | 3.37M | 5.53M | 3.95M |
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 |
|---|---|---|---|---|---|---|---|
51 Neutral | AU$23.86M | ― | -73.56% | ― | -6.15% | -12.45% | |
43 Neutral | AU$1.38B | -6.16 | -40.62% | 4.20% | -4.78% | -42.91% | |
| €1.21M | ― | -75.32% | ― | ― | ― | ||
51 Neutral | AU$4.45M | ― | -377.01% | ― | ― | 45.45% | |
46 Neutral | AU$124.04M | ― | -5.22% | ― | ― | ― | |
31 Underperform | AU$4.49M | ― | -34.97% | ― | ― | 55.38% | |
21 Underperform | AU$5.75M | ― | -1051.45% | ― | 205.01% | -28.57% |
Carbonxt Group Ltd. Corporate Events
Carbonxt Group Ltd announced the resignation of Mr. Imtiaz Kathawalla from its Board as a Non-Executive Director, effective immediately. Mr. Kathawalla played a crucial role during a period of strategic and operational progress, including the development of the Kentucky activated carbon facility. His departure marks a significant change in the company’s board composition, potentially impacting its strategic direction and stakeholder relations.
Carbonxt Group Ltd has increased its stake in a Kentucky-based activated carbon production facility by paying an additional US$1 million, bringing its ownership to 43.7%. The facility, which is on track for commercial production in mid-2025, is expected to enhance Carbonxt’s revenue and margin expansion by entering the larger liquid-phase activated carbon market, driven by rising demand from U.S. water treatment and environmental compliance sectors. To support this investment, Carbonxt raised A$1.0 million through convertible notes, indicating strong shareholder backing and strategic alignment with its expansion goals.
Carbonxt Group Ltd has announced a change in its registered office and principal place of business to Level 37, 180 George Street, Sydney NSW 2000. The company’s contact number has also been updated. This change is part of the company’s operational updates and has been authorized by the Board of Directors, reflecting a strategic move that may impact its business operations and stakeholder communications.
Carbonxt Group Ltd. announced a change in the director’s interest, with Nicholas Andrews acquiring 230,000 fully paid ordinary shares through an on-market purchase. This acquisition signifies a potential increase in the director’s confidence in the company’s future prospects, which may positively influence stakeholder perception and market positioning.
Carbonxt Group Ltd has announced a change in its company secretary, with Ms. Olga Smejkalova resigning and Ms. Laura Newell being appointed to the position, effective June 23, 2025. Ms. Newell brings extensive experience in advising ASX-listed and multinational companies on corporate governance, compliance with ASX Listing Rules, and regulatory obligations, which could enhance Carbonxt’s operational efficiency and regulatory communication.
Carbonxt Group Ltd has reported significant progress in its March 2025 Quarterly Activities Report, highlighting the commissioning of its Kentucky activated carbon facility, which is expected to enhance revenue and margins once operational. The company successfully raised $2.5 million through a share purchase plan and convertible notes to support this investment. Additionally, restructuring the lease at its Black Birch facility has reduced fixed costs by over 50%, improving cash flow. The company experienced a rebound in activated carbon pellet sales and strong powdered activated carbon sales, driven by regulatory demands and new contracts. Financially, Carbonxt saw a 49.8% increase in total revenue for the quarter and improved gross margins, positioning it for stronger growth in FY26.
Carbonxt Group Limited has issued 1,165,000 convertible notes and 7,281,250 options to raise funds for additional working capital and to improve cash flow. This move is expected to enhance the company’s operational capabilities and financial stability, potentially strengthening its position in the cleantech industry. The announcement indicates compliance with relevant sections of the Corporations Act, ensuring transparency and adherence to regulatory standards.
Carbonxt Group Ltd. announced the issuance of unquoted equity securities, including 1,165,000 convertible notes and 7,281,250 options expiring in February 2027. This move is part of previously announced transactions and is not intended for quotation on the ASX, potentially impacting the company’s financial structure and strategic flexibility.
Carbonxt Group Ltd has issued 5,650,000 fully paid ordinary shares to raise funds for additional working capital and to improve cash flow. This strategic move is expected to enhance the company’s operational efficiency and financial stability, potentially strengthening its position in the cleantech industry. The issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company has complied with all relevant regulatory requirements.
Carbonxt Group Ltd. has announced the quotation of 5,650,000 fully paid ordinary securities on the ASX, effective April 11, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s liquidity and market presence, and could have implications for its stakeholders by increasing the available shares for trading.
Carbonxt Group Limited has issued over 21 million fully paid ordinary shares to raise funds for additional working capital and improved cash flow. This strategic move is expected to bolster the company’s financial position, potentially enhancing its operational capabilities and market competitiveness in the cleantech industry.
Carbonxt Group Ltd has raised an additional A$1.5 million through a combination of share placement and an expanded convertible note facility to support its strategic investment in a Kentucky activated carbon plant. This funding will aid in acquiring an additional 10% stake in the facility and provide working capital for operational expansion, aligning with the company’s long-term growth strategy.
Carbonxt Group Ltd. announced a change in the director’s interest, with Warren Murphy acquiring an additional 500,000 ordinary shares through the company’s Share Purchase Plan. This acquisition increases his total holding to 2,028,033 fully paid ordinary shares, reflecting his continued confidence in the company’s growth and strategic direction.
Carbonxt Group Ltd. has announced a change in the director’s interest, with Director Matthew Driscoll acquiring an additional 500,000 fully paid ordinary shares, increasing his total holdings to 3,276,962 shares. This acquisition was part of a Share Purchase Plan, reflecting a strategic move to strengthen the director’s stake in the company, potentially signaling confidence in the company’s future performance and stability.
Carbonxt Group Ltd. has announced the application for quotation of 16,666,667 fully paid ordinary securities on the Australian Securities Exchange, with an issue date of April 9, 2025. This move is part of previously announced transactions and could enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s capital for further expansion and operational improvements.
Carbonxt Group Ltd has successfully completed its Share Purchase Plan, raising a total of A$739,000. The funds will be used to support the company’s strategic investment in a state-of-the-art activated carbon plant in eastern Kentucky, USA, which is central to its expansion strategy and long-term revenue growth. The plan was underwritten by two major shareholders, and the company’s leadership has shown confidence in its growth plans by participating fully in the share purchase. This investment is expected to enhance Carbonxt’s industry positioning and provide significant benefits to its stakeholders.