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NOVONIX Ltd
(Sydney:NVX)
NOVONIX Ltd (NVX) vs. iShares MSCI Australia ETF (EWA)
NOVONIX Ltd Business Overview & Revenue Model
NOVONIX Ltd Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.85M | 12.13M | ― | 6.10M | 5.23M |
| Gross Profit | 4.08M | 9.32M | -20.63M | 4.38M | -3.28M |
| EBITDA | -66.61M | -38.86M | -33.28M | -43.26M | -12.04M |
| Net Income | -74.82M | -46.25M | -38.08M | -51.86M | -18.08M |
Balance Sheet | |||||
| Total Assets | 226.10M | 263.34M | 189.59M | 302.98M | 202.86M |
| Cash, Cash Equivalents and Short-Term Investments | 42.56M | 78.63M | 73.93M | 142.74M | 136.66M |
| Total Debt | 70.42M | 68.22M | 31.34M | 42.31M | 20.01M |
| Total Liabilities | 88.51M | 83.74M | 38.20M | 51.85M | 24.68M |
| Stockholders Equity | 137.59M | 183.94M | 151.39M | 251.13M | 178.18M |
Cash Flow | |||||
| Free Cash Flow | -70.32M | -55.42M | -29.65M | -113.02M | -25.66M |
| Operating Cash Flow | -40.42M | -36.23M | -12.89M | -29.23M | -6.09M |
| Investing Cash Flow | -18.17M | -12.04M | -16.10M | -106.80M | -19.68M |
| Financing Cash Flow | 25.21M | 44.16M | ― | 180.69M | 103.77M |
NOVONIX Ltd Technical Analysis
NOVONIX Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | £2.82B | 10.41 | 4.69% | 3.53% | 2.40% | -24.53% | |
42 Neutral | $251.30M | ― | -47.89% | ― | -26.89% | -60.25% | |
| ― | $16.83M | ― | ― | ― | ― | ||
| ― | $33.00M | 2.47 | ― | ― | ― | ||
68 Neutral | AU$97.80M | 33.71 | 12.38% | 1.11% | 11.82% | 113.33% | |
64 Neutral | AU$116.94M | 25.90 | 8.82% | 0.53% | 9.97% | -22.07% | |
40 Underperform | AU$96.03M | ― | -11.59% | ― | ― | -18.75% |
NOVONIX Ltd Corporate Events
NOVONIX Ltd announced the quotation of 66,896 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective June 30, 2025. This move is part of the company’s strategic efforts to enhance its market presence and provide additional value to its stakeholders, reflecting its ongoing commitment to growth and innovation in the energy storage sector.
The most recent analyst rating on (AU:NVX) stock is a Buy with a A$0.77 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
NOVONIX Ltd announced the issuance of 3,723,971 performance rights as part of an employee incentive scheme. This move is aimed at aligning employee interests with company performance, potentially enhancing productivity and commitment, which could positively impact the company’s market position and stakeholder value.
The most recent analyst rating on (AU:NVX) stock is a Buy with a A$0.77 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
NOVONIX Ltd has announced the quotation of 36,105 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of June 5, 2025. This move is part of the company’s strategy to enhance its financial flexibility and potentially expand its market presence, reflecting its ongoing commitment to growth in the battery materials industry.
NOVONIX Limited has welcomed the U.S. Department of Commerce’s decision to impose up to 721% tariffs on Chinese synthetic and natural graphite anode material, a move aimed at supporting the U.S. graphite industry and promoting energy independence. This decision, part of a broader investigation into China’s graphite exports, is expected to bolster NOVONIX’s operations, particularly with its plans to expand production capacity in Chattanooga, Tennessee, positioning the company as a significant player in the North American battery materials market.
NOVONIX Ltd has announced the quotation of 29,763 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code NVX, effective May 13, 2025. This move is part of the company’s ongoing efforts to strengthen its financial position and expand its market presence, potentially impacting its operations and stakeholder interests positively.
NOVONIX Ltd has announced the issuance of 3,635,728 performance rights as part of an employee incentive scheme. This move is aimed at aligning the interests of employees with the company’s strategic goals, potentially enhancing productivity and commitment. The issuance of these unquoted securities reflects NOVONIX’s efforts to strengthen its workforce and maintain a competitive edge in the rapidly evolving battery technology market.
NOVONIX Ltd has made significant strides in its operations, including progressing equipment installation at its Riverside facility to support supply agreements and securing a preliminary ITC trade case ruling for US graphite producers. The company has also entered an exclusive license agreement for graphitization furnaces and received approval for land purchase for a new manufacturing plant. Additionally, NOVONIX has completed a share purchase plan, received substantial reimbursements on the MESC grant, and maintained a strong cash balance, indicating robust financial health and strategic growth initiatives.
NOVONIX Limited has finalized a definitive agreement to purchase a 182-acre parcel in the Enterprise South Industrial Park in Chattanooga, Tennessee, for approximately US$5 million. This site will host NOVONIX’s second facility for high-performance synthetic graphite, expected to create 450 to 500 full-time jobs and increase the company’s total production capacity in Chattanooga to over 50,000 tonnes per annum. The acquisition is part of NOVONIX’s expansion strategy, supported by local government endorsements and contingent on a US$754 million loan from the U.S. Department of Energy. Additionally, NOVONIX is enhancing its collaboration with local educational institutions to provide career-focused learning opportunities in the battery industry.
NOVONIX Ltd has announced a change in the director’s interest, with Anthony Bellas acquiring 120,594 share rights, valued at approximately $53,664. This change reflects the company’s ongoing efforts to align its leadership’s interests with its strategic goals, potentially impacting its market positioning and stakeholder confidence.
NOVONIX Ltd announced a change in the director’s interest, with Jean Oelwang acquiring 120,594 share rights, valued at approximately $53,664 based on the closing share price on April 28, 2025. This change reflects a strategic move in the company’s governance, potentially impacting its market positioning and signaling confidence in its future prospects.
NOVONIX Ltd has announced a change in the director’s interest notice, specifically regarding Sharan Burrow. The director has acquired 120,594 share rights, valued at approximately $53,664 based on the closing share price on April 28, 2025. This change reflects an increase in the director’s holdings, which may impact the company’s governance and stakeholder confidence.
NOVONIX Ltd has announced a change in the director’s interest notice, specifically regarding Ron Edmonds, who has acquired 241,188 share rights. This change reflects an estimated value of $107,329 based on the closing share price on April 28, 2025. The update could potentially impact the company’s governance and investor perception, as it indicates confidence in the company’s future performance and strategic direction.
NOVONIX Ltd announced a change in the director’s interest, with Robert Natter acquiring 120,594 share rights directly, valued at approximately $53,664. This change reflects the company’s ongoing commitment to aligning its leadership’s interests with its strategic goals, potentially impacting its market positioning and stakeholder confidence.
NOVONIX Ltd announced the issuance of 1,008,567 unquoted share rights, marking a strategic move to bolster its equity base. This development is significant for the company’s financial structuring and could enhance its market positioning by potentially attracting more investors and stakeholders interested in the growing battery materials sector.
NOVONIX Limited has announced the appointment of Michael O’Kronley as its new Chief Executive Officer, effective May 19, 2025. Mr. O’Kronley, who brings over 30 years of experience in the automotive and lithium-ion battery sectors, is expected to lead the company into its next growth phase, focusing on onshoring the graphite supply chain in North America. His appointment follows the interim leadership of Mr. Robert Long, who will return to his role as Chief Financial Officer. This leadership change is seen as a strategic move to strengthen NOVONIX’s position in the battery technology industry and enhance its operational capabilities.
NOVONIX Ltd has announced the issuance of 7,758,413 unquoted performance rights as part of its employee incentive scheme. This move is indicative of the company’s strategy to align employee interests with corporate goals, potentially enhancing productivity and commitment. The issuance of these securities reflects NOVONIX’s ongoing efforts to strengthen its operational framework and maintain a competitive edge in the rapidly evolving battery technology industry.