NOVONIX Ltd Sponsored ADR (NVX) AI Stock Analysis

• Market Cap: $173.62M
• Dividend Yield: N/A
• Average Volume (3M): 107.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: -27.50%
• EPS Growth: -58.61%
• Country: US
• Employees: 210
• Sector: Industrials
• Sector Strength: 65
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.60
• Shares Outstanding: 159,013,920
• 10 Day Avg. Volume: 56,075
• 30 Day Avg. Volume: 107,990
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 21.51
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

NOVONIX Ltd's stock performance is currently weak due to significant financial challenges, including operational losses and negative cash flows. Technical indicators point to a bearish trend, and valuation metrics are unattractive with a negative P/E ratio. Improvements in cost management and profitability are crucial to enhance the stock's outlook.

NOVONIX Ltd Sponsored ADR Business Overview & Revenue Model

Company Description

NOVONIX Ltd Sponsored ADR (NVX) is a technology and advanced materials company focused on the development and supply of high-performance materials and equipment for the global lithium-ion battery market. The company operates in sectors such as battery technology, energy storage, and materials science, offering products and services that enhance the performance, longevity, and sustainability of batteries. Its core offerings include high-capacity anode materials, battery testing equipment, and consulting services aimed at optimizing battery performance and production.

How the Company Makes Money

NOVONIX Ltd generates revenue primarily through the sale of advanced battery materials and technology solutions to manufacturers in the lithium-ion battery industry. Key revenue streams include sales of its high-performance anode materials, which are used by battery producers to enhance energy density and efficiency. Additionally, NOVONIX earns income from its proprietary battery testing equipment, which is utilized by research institutions and manufacturers to improve battery design and performance. The company also engages in strategic partnerships and collaborations with leading automotive, consumer electronics, and energy companies, which contribute to its earnings by expanding its market reach and driving innovation in battery technology.

NOVONIX Ltd Sponsored ADR Financial Statement Overview

Summary

NOVONIX Ltd faces considerable financial challenges, with ongoing operational losses, negative cash flows, and inconsistent revenue growth. The balance sheet shows moderate leverage but declining assets and equity indicate potential strain. Improving profitability and liquidity is essential for stability.

Income Statement

NOVONIX Ltd has faced significant challenges in its profitability, with a negative EBITDA and net income indicating ongoing operational losses. The gross profit margin is positive, but the net profit margin is negative due to high operating expenses. Revenue growth is inconsistent, showing a decline from the previous year. These factors suggest financial instability and a need for improved cost management.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating some leverage but not excessive. The equity ratio is relatively strong, suggesting reliance on equity financing. However, declining stockholders' equity and total assets indicate potential financial strain. The company's financial position is relatively stable but needs improvement in asset and equity management.

Cash Flow

The company has negative operating and free cash flow, indicating challenges in generating cash from operations. The free cash flow growth rate is negative, reflecting financial difficulties. The operating cash flow to net income ratio is unfavorable, suggesting issues in converting income into cash. Overall, cash flow management needs significant improvement.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Jun 2022	Jun 2021
Income Statement		Total Revenue
2.74M	5.85M	12.13M	―	6.10M	5.23M
	Gross Profit
1.73M	4.08M	9.32M	-20.63M	4.38M	-3.28M
	EBIT
-46.39M	0.00	-45.47M	-39.08M	-47.47M	-15.98M
	EBITDA
-39.21M	-66.61M	-38.86M	-33.28M	-43.26M	-12.04M
	Net Income Common Stockholders
-47.64M	-74.82M	-46.25M	-38.08M	-51.86M	-18.08M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.72M	42.56M	78.63M	73.93M	142.74M	136.66M
	Total Assets
2.46M	226.10M	263.34M	189.59M	302.98M	202.86M
	Total Debt
0.00	70.42M	68.22M	31.34M	42.31M	20.01M
	Net Debt
-1.72M	27.86M	-10.49M	-42.58M	-100.43M	-116.65M
	Total Liabilities
256.97K	88.51M	83.74M	38.20M	51.85M	24.68M
	Stockholders Equity
2.20M	137.59M	183.94M	151.39M	251.13M	178.18M
Cash Flow		Free Cash Flow
-24.99M	-70.32M	-55.42M	-29.65M	-113.02M	-25.66M
	Operating Cash Flow
-22.15M	-40.42M	-36.23M	-12.89M	-29.23M	-6.09M
	Investing Cash Flow
-16.49M	-18.17M	-12.04M	-16.10M	-106.80M	-19.68M
	Financing Cash Flow
-1.84M	25.21M	44.16M	―	180.69M	103.77M

NOVONIX Ltd Sponsored ADR Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NVX, the sentiment is Negative. The current price of 1.11 is below the 20-day moving average (MA) of 1.16, below the 50-day MA of 1.30, and below the 200-day MA of 1.68, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 40.41 is Neutral, neither overbought nor oversold. The STOCH value of 11.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NVX.

NOVONIX Ltd Sponsored ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$8.08B	13.63	3.82%	3.13%	3.58%	-14.35%
SLDP	52 Neutral	$189.27M	―	-21.13%	―	15.67%	-45.59%
QS	46 Neutral	$2.23B	―	-38.29%	―	―	2.40%
BLDP	45 Neutral	$476.46M	―	-38.88%	―	-30.80%	-84.41%
ENVX	44 Neutral	$1.42B	―	-88.04%	―	1429.35%	-36.13%
PLUG	43 Neutral	$1.27B	―	-90.88%	―	-29.45%	-10.79%
NVX	39 Underperform	$173.62M	―	-47.77%	―	-27.50%	-58.61%