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NOVONIX Ltd
(OTC: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 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.85M | 8.05M | 3.69M | 6.10M | 5.23M |
| Gross Profit | 4.08M | 5.24M | -20.63M | 4.38M | -3.28M |
| EBITDA | -66.61M | -38.86M | -33.28M | -46.18M | -12.04M |
| Net Income | -74.82M | -46.25M | -38.08M | -51.86M | -13.45M |
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 | 40.37M | 41.41M | 10.27M |
| Total Liabilities | 88.51M | 83.74M | 51.37M | 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 | -11.74M | -16.10M | -106.80M | -19.68M |
| Financing Cash Flow | 25.21M | 29.31M | -531.57K | 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 |
|---|---|---|---|---|---|---|---|
| ― | AU$98.45M | 28.90 | 12.33% | 1.39% | 24.67% | 96.27% | |
| ― | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
| ― | AU$189.77M | 58.56 | 5.66% | 0.71% | -14.88% | -56.89% | |
| ― | AU$562.83M | ― | -45.24% | ― | -12.84% | -29.62% | |
| ― | AU$102.43M | ― | -16.49% | ― | ― | -40.28% |
NOVONIX Ltd Corporate Events
NOVONIX Ltd has achieved significant milestones, including delivering its first mass production sample of synthetic graphite and completing the installation of mass production equipment for Panasonic. The company has also been selected for a grant from Natural Resources Canada and has been advancing its patented cathode technology. Additionally, NOVONIX has secured substantial funding through convertible debentures with Yorkville Advisors, completed strategic sales, and made key executive appointments, positioning itself strongly in the battery materials market.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
NOVONIX Limited has achieved a significant operational milestone by delivering its first mass production, commercial-grade sample of synthetic graphite for industrial applications to a major North American carbon processor. This accomplishment demonstrates the capability of NOVONIX’s proprietary continuous graphitization furnace technology to produce industrial-grade products at scale. The Riverside facility is set to become the first large-scale production site for high-performance synthetic graphite in North America, with mass production starting next year for Panasonic. The company plans to expand its production capacity with a second plant in Chattanooga, aiming for a total capacity of over 50,000 tonnes per year, which will enhance its market positioning and meet growing customer demand.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 3,552,225 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from September 25, 2025. This move is part of the company’s efforts to enhance its market presence and provide liquidity to its stakeholders, potentially impacting its financial standing and market positioning positively.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 sale of its Mt Dromedary Natural Graphite Project to focus on synthetic graphite production, a key component in lithium-ion batteries. This strategic move aligns with their expansion plans in Chattanooga, Tennessee, where they aim to establish a domestic supply chain for synthetic graphite, enhancing their market position in North America. The sale is expected to streamline operations and support the company’s goal of becoming a leading supplier of synthetic graphite for the battery, defense, and industrial sectors.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 a change in the director’s interest, specifically involving Nicholas Liveris, who has disposed of 100,000 ordinary shares through an on-market trade. This transaction, valued at $46,000, reduces his holding to 494,681 ordinary shares while maintaining 164,409 share rights. Such changes in shareholding can influence investor perceptions and reflect strategic financial decisions by company executives.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 60,413 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from September 24, 2025. This move is part of the company’s ongoing efforts to enhance its market presence and provide value to its stakeholders by leveraging opportunities in the energy storage sector.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 issuance of its second and additional tranches of convertible debentures, following shareholder approval. This move is part of a funding agreement with Yorkville Advisors Global, LP, aimed at raising up to US$57 million to support the company’s operations and strategic initiatives. The issuance allows for the conversion of these debentures into ordinary shares, which can be sold to retail investors, potentially enhancing the company’s liquidity and market presence. The funding is expected to bolster NOVONIX’s financial position and support its growth in the competitive battery materials industry.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 75,500,000 unquoted convertible debentures as part of previously disclosed transactions. This strategic move is expected to enhance the company’s financial flexibility, potentially impacting its operational capabilities and market positioning in the competitive battery materials industry.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
NOVONIX Limited announced the results of its Extraordinary General Meeting, where all resolutions were passed by poll. The meeting included the ratification and approval of various tranches of convertible debentures and interest equity shares, indicating strong shareholder support for the company’s financial strategies. This outcome reinforces NOVONIX’s strategic positioning in the battery technology sector, potentially enhancing its operational capabilities and market influence.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 cessation of 3,236,775 performance rights due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s strategic adjustments in managing its financial instruments.
The most recent analyst rating on (AU:NVX) stock is a Buy with a A$0.74 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 250,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 1, 2025. This move is part of the company’s strategy to leverage financial instruments to support its growth and operational expansion, potentially impacting its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:NVX) stock is a Buy with a A$0.74 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 12,740,231 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 28, 2025. This move is part of the company’s strategic efforts to enhance its market presence and provide additional liquidity for its stakeholders, reflecting its commitment to growth and expansion in the competitive energy sector.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 648,238 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 27, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional liquidity for its stakeholders, potentially strengthening its position in the competitive energy storage market.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 18,760 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 26, 2025. This move is part of the company’s strategy to enhance its market presence and operational capabilities, potentially impacting its industry positioning by increasing its capital base and providing more flexibility for future growth initiatives.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 issuance of 4,530,368 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code NVX. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its capital structure and market presence.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
NOVONIX Limited (ASX: NVX) is a prominent battery technology company focused on developing and scaling advanced materials and equipment essential for the lithium-ion battery supply chain, with a strong emphasis on U.S.-made synthetic graphite production. In its latest earnings report for the first half of 2025, NOVONIX highlighted significant progress in scaling operations at its Riverside facility in Chattanooga, Tennessee, aiming to establish North America’s first large-scale synthetic graphite manufacturing plant. The company also secured important customer agreements and advanced its research and development efforts in battery materials. Key financial metrics revealed a narrowed loss of $20.1 million compared to the previous year’s $28.7 million loss, with cash reserves standing at $24.8 million. Despite a stable revenue of $2.8 million, the company continues to invest heavily in expanding its production capabilities. Looking ahead, NOVONIX remains focused on scaling its operations to meet growing demand, supported by strategic partnerships and government incentives, positioning itself as a key player in strengthening North America’s battery materials supply chain.
NOVONIX Limited, a company listed on the Australian Securities Exchange and Nasdaq, has announced its corporate directory details, including its principal place of business in Chattanooga, Tennessee, and its registered office in Brisbane, Australia. The announcement provides information about the company’s directors, auditors, solicitors, and bankers, emphasizing its established presence in both the Australian and American markets.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
NOVONIX Limited has been awarded up to CAD $5 million in non-dilutive funding from Natural Resources Canada to advance its patented all-dry, zero-waste cathode active material synthesis process at its Nova Scotia pilot facility. This funding supports the commercialization, optimization, and operational scale-up of NOVONIX’s technology, which aims to enhance production efficiency and reduce environmental impact. The investment is a significant step in NOVONIX’s strategy to promote sustainable battery materials and aligns with Canada’s broader initiative to strengthen domestic battery manufacturing and support clean technology development.
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 2,690,187 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code NVX, effective from August 18, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders by leveraging its position in the advanced battery materials 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 has announced the quotation of 15,805 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective August 15, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and potentially improve its market positioning, which could have significant implications for its stakeholders and future growth prospects.
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 an Extraordinary General Meeting to be held on September 8, 2025, where shareholders will vote on several resolutions related to the issuance of Convertible Debentures and Shares to Yorkville. The resolutions aim to ratify and approve the issuance of various tranches of Convertible Debentures and Interest Equity Shares, which are significant for the company’s financial strategy and stakeholder interests.
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.