Novonix Limited(NVX)Earnings, Financials & Key Ratios
NVX•NASDAQ
$0.73
$157M mkt cap·Price updated May 6, 2026
AboutNovonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. Novonix Limited has strategic alliance with Harper International Corporation to develop specialized furnace technology that would enhance Novonix's synthetic graphite manufacturing process; and partnership with Emera Technologies to develop and manufacture energy storage systems for community microgrids. The company was formerly known as Graphitecorp Limited and changed its name to Novonix Limited in July 2017. Novonix Limited was incorporated in 2012 and is headquartered in Brisbane, Australia.Show more
- Revenue$6M-51.8%
- EBITDA-$47M-15.3%
- Net Income-$75M-61.8%
- EPS (Diluted)-0.60-7.1%
- Gross Margin69.76%-9.1%
- EBITDA Margin-801.94%-138.9%
- Operating Margin-879.99%-134.8%
- Net Margin-1278.04%-235.3%
- ROE-46.54%-68.7%
- ROIC-25.58%+7.9%
- Debt/Equity0.51+38.0%
- Interest Coverage-14.48+8.8%
NVX Key Insights
Novonix Limited (NVX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 0.7x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 1/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 9 (bottom 9%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NVX Price & Volume
Novonix Limited (NVX) stock price & volume — 10-year historical chart
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NVX Growth Metrics
Novonix Limited (NVX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years6.6%
3 Years-1.37%
TTM24.03%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-55.49%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-60.15%
Return on Capital
10 Years-31.17%
5 Years-18.37%
3 Years-20.23%
Last Year-23.67%
NVX Recent Earnings
Novonix Limited (NVX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (83%)●Beat Revenue 1/12 qtrs (17%)
Q1 2026Latest
Feb 26, 2026EPS
$0.44
Est $0.11
-287.5%
Revenue
$3M
Est $4M
-21.0%
Q3 2025
Aug 21, 2025EPS
$0.13
Est $0.26
+49.7%
Revenue
$3M
Est $3M
-12.3%
Q1 2025
Feb 28, 2025EPS
$0.06
Est $0.12
+54.4%
Revenue
$2M
Est $4M
-47.6%
Q4 2024
Oct 29, 2024EPS
$0.04
Est $0.18
+77.8%
Revenue
$2M
Est $3M
-36.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.44vs $0.11-287.5% | $3Mvs $4M-21.0% |
| Q3 2025 | Aug 21, 2025 | $0.13vs $0.26+49.7% | $3Mvs $3M-12.3% |
| Q1 2025 | Feb 28, 2025 | $0.06vs $0.12+54.4% | $2Mvs $4M-47.6% |
| Q4 2024 | Oct 29, 2024 | $0.04vs $0.18+77.8% | $2Mvs $3M-36.0% |
Based on last 12 quarters of dataView full earnings history →
NVX Peer Comparison
Novonix Limited (NVX) competitors in Battery Cells and Materials — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CBAT | 70.85M | 0.79 | 6.08 | -13.61% | -4.03% | -5.5% | 0.25 | |
 MVST | 633.36M | 1.96 | -21.78 | 12.56% | -6.83% | -7.4% | 0.45 | |
 GPRE | 1.19B | 16.97 | -9.43 | -14.93% | -5.8% | -15.71% | 0.66 | |
 KORE | 155.8M | 9.16 | -1.21 | 3.43% | -24.51% | |||
 ENPH | 4.72B | 35.80 | 27.75 | 10.72% | 9.64% | 13.28% | 1.14 | |
 FLUX | 28.38M | 1.33 | -3.33 | 9.22% | -8.36% | -67.4% | ||
 CLNE | 491.3M | 2.24 | -2.22 | 2.16% | -52.22% | -39.29% | 0.18 | |
 ALB | 22.7B | 192.61 | -33.50 | -4.37% | -5% | -2.7% | 0.34 |
Compare NVX vs Peers
Novonix Limited (NVX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NVX Income Statement
Novonix Limited (NVX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 80.81K | 2.17M | 1.82M | 4.25M | 5.23M | 6.1M | 3.69M | 12.13M | 5.85M | 12.97M |
| Revenue Growth % | 290.37% | 2587.76% | -16.34% | 134.08% | 22.9% | 16.72% | -39.46% | 228.54% | -51.75% | 24.03% |
| Cost of Goods Sold | 1.41M | 2.77M | 3.34M | 6.7M | 8.51M | 1.72M | 24.32M | 2.82M | 1.77M | 46.09M |
| COGS % of Revenue | 1739.69% | 127.48% | 183.84% | 157.47% | 162.71% | 28.27% | 658.56% | 23.22% | 30.24% | - |
| Gross Profit | -1.32M▲ 0% | -596.8K▲ 55.0% | -1.52M▼ 155.3% | -2.44M▼ 60.5% | -3.28M▼ 34.1% | 4.38M▲ 233.5% | -20.63M▼ 571.4% | 9.32M▲ 145.2% | 4.08M▼ 56.2% | -33.12M▲ 0% |
| Gross Margin % | -1639.69% | -27.48% | -83.84% | -57.47% | -62.71% | 71.73% | -558.56% | 76.78% | 69.76% | -255.27% |
| Gross Profit Growth % | -6500.89% | 54.96% | -155.25% | -60.45% | -34.11% | 233.51% | -571.38% | 145.16% | -56.17% | - |
| Operating Expenses | 4.13M | 7.84M | 9.77M | 13.1M | 12.7M | 52.42M | 18.45M | 5.24M | 55.6M | 62.42M |
| OpEx % of Revenue | 5112.66% | 360.94% | 537.74% | 307.94% | 243.04% | 859.18% | 499.66% | 43.16% | 949.75% | - |
| Selling, General & Admin | 4.2M | 6.98M | 8.32M | 13.1M | 12.7M | 39.86M | 15.69M | 44.78M | 49.08M | 56.72M |
| SG&A % of Revenue | 5194.09% | 321.17% | 457.7% | 307.94% | 243.04% | 653.3% | 424.89% | 368.99% | 838.27% | - |
| Research & Development | 0 | 0 | 0 | 2.35M | 5.71M | 5.1M | 2.76M | 5.75M | 4.85M | 10.48M |
| R&D % of Revenue | - | - | - | 55.34% | 109.16% | 83.64% | 74.78% | 47.39% | 82.84% | - |
| Other Operating Expenses | 83.26K | 91.56K | 231.05K | 580.03K | 14.54K | 605.04K | 0 | 0 | 1.68M | 1000K |
| Operating Income | -5.46M▲ 0% | -8.44M▼ 54.6% | -11.29M▼ 33.9% | -15.54M▼ 37.6% | -15.98M▼ 2.8% | -47.47M▼ 197.0% | -39.08M▲ 17.7% | -45.47M▼ 16.3% | -51.52M▼ 13.3% | -95.54M▲ 0% |
| Operating Margin % | -6752.35% | -388.42% | -621.57% | -365.41% | -305.75% | -778.11% | -1058.22% | -374.73% | -879.99% | -736.42% |
| Operating Income Growth % | -394.02% | -54.61% | -33.88% | -37.61% | -2.83% | -197.04% | 17.67% | -16.34% | -13.3% | - |
| EBITDA | -5.45M | -8.28M | -10.8M | -14.16M | -14.28M | -43.26M | -35.57M | -40.73M | -46.95M | -86.17M |
| EBITDA Margin % | -6745.76% | -381.32% | -594.34% | -332.96% | -273.27% | -709.03% | -963.04% | -335.67% | -801.94% | -664.17% |
| EBITDA Growth % | -394.84% | -51.93% | -30.4% | -31.14% | -0.87% | -202.84% | 17.78% | -14.51% | -15.26% | -24.66% |
| D&A (Non-Cash Add-back) | 5.32K | 154.25K | 494.95K | 1.38M | 1.7M | 4.21M | 3.52M | 4.74M | 4.57M | 9.37M |
| EBIT | -4.26M | -7.09M | -17.47M | -11.07M | -13.31M | -50.39M | -53.84M | -43.6M | -71.18M | -114.52M |
| Net Interest Income | -561.09K | -481.86K | -1.09M | -3.57M | -144.96K | -1.5M | -1.85M | -1.25M | -2.19M | -5.96M |
| Interest Income | 4.37K | 4.95K | 3.17K | 485 | 26.16K | 8.31K | 26.54K | 1.61M | 1.37M | 1.89M |
| Interest Expense | 565.46K | 486.81K | 1.1M | 3.57M | 171.12K | 1.47M | 1.29M | 2.87M | 3.56M | 7.38M |
| Other Income/Expense | -717.32K | -431.17K | -14.46M | -6.63M | -2.09M | -3.82M | 1M | -976.64K | -23.21M | -18.28M |
| Pretax Income | -6.17M▲ 0% | -8.87M▼ 43.6% | -25.75M▼ 190.4% | -20.03M▲ 22.2% | -18.08M▲ 9.7% | -51.86M▼ 186.9% | -38.08M▲ 26.6% | -46.45M▼ 22.0% | -74.72M▼ 60.9% | -113.82M▲ 0% |
| Pretax Margin % | -7640.04% | -408.27% | -1417.33% | -470.88% | -345.8% | -850.01% | -1031.13% | -382.78% | -1276.38% | -877.3% |
| Income Tax | -243.07K | 13.4K | -383.65K | 0 | 0 | 0 | 1 | -199.95K | 97.69K | -111.32K |
| Effective Tax Rate % | 3.94% | -0.15% | 1.49% | 0% | 0% | 0% | -0% | 0.43% | -0.13% | 0.1% |
| Net Income | -6.14M▲ 0% | -10.32M▼ 68.3% | -26.12M▼ 153.0% | -20.03M▲ 23.3% | -18.08M▲ 9.7% | -51.86M▼ 186.9% | -38.08M▲ 26.6% | -46.25M▼ 21.4% | -74.82M▼ 61.8% | -113.71M▲ 0% |
| Net Margin % | -7592.94% | -475.32% | -1437.6% | -470.88% | -345.8% | -850.01% | -1031.13% | -381.13% | -1278.04% | -876.47% |
| Net Income Growth % | -393.3% | -68.25% | -153.04% | 23.33% | 9.75% | -186.9% | 26.56% | -21.44% | -61.78% | -55.49% |
| Net Income (Continuing) | -5.93M | -10.32M | -25.37M | -20.03M | -18.08M | -51.86M | -55.73M | -46.25M | -74.82M | -122.59M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.22▲ 0% | -0.26▼ 18.2% | -0.22▲ 15.4% | -0.17▲ 22.7% | -0.16▲ 5.9% | -0.44▼ 175.0% | -0.30▲ 31.8% | -0.56▼ 86.7% | -0.60▼ 7.1% | -0.72▲ 0% |
| EPS Growth % | -274.15% | -18.18% | 15.38% | 22.73% | 5.88% | -175% | 31.82% | -86.67% | -7.14% | -60.15% |
| EPS (Basic) | -0.22 | -0.26 | -0.22 | -0.17 | -0.16 | -0.44 | -0.30 | -0.56 | -0.60 | - |
| Diluted Shares Outstanding | 116.11M | 116.11M | 116.11M | 116.11M | 116.11M | 116.11M | 121.65M | 121.87M | 124.22M | 157.01M |
| Basic Shares Outstanding | 116.11M | 116.11M | 116.11M | 116.11M | 116.11M | 116.11M | 121.65M | 121.87M | 124.22M | 157.01M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
NVX Balance Sheet
Novonix Limited (NVX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.11M | 1.85M | 7.85M | 41.4M | 144.03M | 162.22M | 79.38M | 89.15M | 57.3M | 52.73M |
| Cash & Short-Term Investments | 2.42M | 396.22K | 6.05M | 38.81M | 136.66M | 142.74M | 73.93M | 78.63M | 42.56M | 26.95M |
| Cash Only | 2.42M | 396.22K | 6.05M | 38.81M | 136.66M | 142.74M | 73.93M | 115.49M | 42.56M | 26.95M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 702.87K | 0 | 0 |
| Accounts Receivable | 289.99K | 595.91K | 478.4K | 1.23M | 2.04M | 2.45M | 1.95M | 3.56M | 8.16M | 18.89M |
| Days Sales Outstanding | 1.31K | 100.15 | 96.1 | 105.36 | 142.65 | 146.72 | 192.29 | 107.21 | 508.63 | 225.04 |
| Inventory | 318.69K | 646.14K | 1.12M | 1.37M | 2.78M | 1.87M | 2.16M | 2M | 1.38M | 1.76M |
| Days Inventory Outstanding | 82.75 | 85.18 | 122.05 | 74.5 | 119.32 | 396.23 | 32.47 | 259.22 | 285.3 | 12.95 |
| Other Current Assets | 153.12K | 250.99K | 126.17K | 0 | 1.63M | 10.09M | 0 | 3.01M | 3.5M | 2.17M |
| Total Non-Current Assets | 32.39M | 35.2M | 27.07M | 33.85M | 58.83M | 140.76M | 110.22M | 174.19M | 168.8M | 186.31M |
| Property, Plant & Equipment | 150.38K | 2.44M | 5.98M | 12.47M | 38.99M | 111.56M | 89M | 144.28M | 155.67M | 173.02M |
| Fixed Asset Turnover | 0.54x | 0.89x | 0.30x | 0.34x | 0.13x | 0.05x | 0.04x | 0.08x | 0.04x | 0.09x |
| Goodwill | 3.4M | 4.55M | 17.04M | 17.41M | 15.95M | 11.98M | 8.18M | 11.98M | 11.98M | 11.97M |
| Intangible Assets | 408.25K | 5.03M | 18.23M | 18.37M | 16.58M | 389.75K | 8.32M | 10.41K | 0 | 0 |
| Long-Term Investments | 13.09M | 11.64M | 0 | 0 | 0 | 16.67M | 11.27M | 16.63M | 0 | 27.68M |
| Other Non-Current Assets | 12.68M | 8.71M | -14.19M | -14.4M | -12.69M | 168.71K | 1.63M | 1.32M | 1.16M | 4.3M |
| Total Assets | 35.5M▲ 0% | 37.05M▲ 4.4% | 34.92M▼ 5.8% | 75.26M▲ 115.5% | 202.86M▲ 169.6% | 302.98M▲ 49.4% | 189.59M▼ 37.4% | 263.34M▲ 38.9% | 226.1M▼ 14.1% | 239.04M▲ 0% |
| Asset Turnover | 0.00x | 0.06x | 0.05x | 0.06x | 0.03x | 0.02x | 0.02x | 0.05x | 0.03x | 0.06x |
| Asset Growth % | 1113.75% | 4.38% | -5.76% | 115.51% | 169.55% | 49.36% | -37.42% | 38.9% | -14.14% | 49.02% |
| Total Current Liabilities | 13.13M | 973.03K | 6.13M | 4.01M | 5.35M | 7.89M | 5.79M | 7.84M | 46.24M | 56.57M |
| Accounts Payable | 257.82K | 331.79K | 1.31M | 2.47M | 1.37M | 2.65M | 2.81M | 1.34M | 998.26K | 18.48M |
| Days Payables Outstanding | 66.94 | 43.74 | 142.89 | 134.67 | 58.76 | 561.27 | 42.13 | 173.91 | 205.8 | 54.57 |
| Short-Term Debt | 9.22M | 86.89K | 4.15M | 189.08K | 124.77K | 119.97K | 78.01K | 1.97M | 30.64M | 33.16M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 98.78K | 310.1K | 2.71K | 49.19K | 418K | 126.06K | 3.79M |
| Other Current Liabilities | 3.66M | 554.35K | 677.5K | 1.25M | 1.65M | 896.08K | 750.98K | -1.07M | 6.76M | 1.43M |
| Current Ratio | 0.24x | 1.90x | 1.28x | 10.33x | 26.90x | 20.56x | 13.72x | 11.37x | 1.24x | 1.24x |
| Quick Ratio | 0.21x | 1.24x | 1.10x | 9.99x | 26.38x | 20.32x | 13.35x | 11.12x | 1.21x | 1.21x |
| Cash Conversion Cycle | 1.33K | 141.59 | 75.26 | 45.19 | 203.21 | -18.32 | 182.62 | 192.52 | 588.13 | 183.42 |
| Total Non-Current Liabilities | 3.95M | 6.9M | 18.25M | 10.94M | 19.33M | 43.96M | 32.41M | 105M | 42.26M | 43.17M |
| Long-Term Debt | 2.43M | 1.21M | 18.25M | 8.16M | 12.21M | 35.95M | 27.06M | 99.28M | 32.78M | 36.97M |
| Capital Lease Obligations | 0 | 0 | 0 | 2.78M | 7.12M | 5.01M | 4.83M | 4.48M | 6.49M | 23.92M |
| Deferred Tax Liabilities | 1.52M | 2.83M | 0 | 0 | 0 | 0 | 1.25M | 0 | 0 | -4K |
| Other Non-Current Liabilities | 0 | 5.69M | 0 | 0 | 0 | 5.94K | 0 | 1.24M | 0 | 3.05M |
| Total Liabilities | 17.08M | 7.87M | 24.38M | 14.94M | 24.68M | 51.85M | 38.2M | 83.74M | 88.51M | 99.73M |
| Total Debt | 11.64M | 4.16M | 22.39M | 11.35M | 20.01M | 41.41M | 31.34M | 68.22M | 70.42M | 76.33M |
| Net Debt | 9.23M | 3.76M | 16.34M | -27.46M | -116.65M | -101.32M | -42.58M | -10.49M | 27.86M | 49.38M |
| Debt / Equity | 0.63x | 0.14x | 2.12x | 0.19x | 0.11x | 0.16x | 0.21x | 0.37x | 0.51x | 0.51x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.89x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.57x |
| Interest Coverage | -9.65x | -17.33x | -10.30x | -4.35x | -93.40x | -32.33x | -30.31x | -15.87x | -14.48x | -15.52x |
| Total Equity | 18.41M▲ 0% | 29.18M▲ 58.5% | 10.54M▼ 63.9% | 60.31M▲ 472.0% | 178.18M▲ 195.4% | 251.13M▲ 40.9% | 151.39M▼ 39.7% | 183.94M▲ 21.5% | 137.59M▼ 25.2% | 139.3M▲ 0% |
| Equity Growth % | 578.8% | 58.48% | -63.87% | 472.02% | 195.42% | 40.95% | -39.72% | 21.49% | -25.2% | -1.44% |
| Book Value per Share | 0.16 | 0.25 | 0.09 | 0.52 | 1.53 | 2.16 | 1.24 | 1.51 | 1.11 | 0.89 |
| Total Shareholders' Equity | 18.41M | 29.18M | 10.54M | 60.31M | 178.18M | 251.13M | 151.39M | 183.94M | 137.59M | 139.3M |
| Common Stock | 22.21M | 38.16M | 38.16M | 99.85M | 233.2M | 338.01M | 231.06M | 338.43M | 367.54M | 392.54M |
| Retained Earnings | -7.38M | -17.71M | -43.83M | -63.86M | -81.93M | -110.74M | -94.72M | -184.85M | -259.67M | -279.81M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.59M | 8.73M | 16.21M | 24.32M | 26.91M | 23.86M | 15.05M | 30.36M | 29.72M | 26.57M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NVX Cash Flow Statement
Novonix Limited (NVX) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -749.64K | -2.87M | -2.81M | -3.75M | -6.09M | -29.23M | -12.89M | -36.23M | -40.42M | -40.42M |
| Operating CF Margin % | -927.69% | -132.14% | -154.55% | -88.15% | -116.45% | -479.08% | -349.09% | -298.56% | -690.38% | - |
| Operating CF Growth % | -60.43% | -282.84% | 2.15% | -33.51% | -62.36% | -380.18% | 55.89% | -180.99% | -11.56% | -60.72% |
| Net Income | -4.72M | -7.64M | -18.34M | -13.43M | -13.45M | -51.86M | -38.08M | -46.25M | -74.82M | -113.71M |
| Depreciation & Amortization | 7.14K | 114.17K | 7.84M | 1.18M | 1.26M | 4.21M | 3.52M | 4.74M | 4.57M | 6.86M |
| Stock-Based Compensation | 2.75M | 0 | 0 | 5.07M | 4.47M | 14.68M | 0 | 3.83M | 5.52M | 0 |
| Deferred Taxes | 0 | 0 | 74.31K | -4.41M | -2.85M | 2.79M | -4.91M | 0 | 0 | 0 |
| Other Non-Cash Items | 1.21M | -40.2K | 3.01M | 8.5M | 6.09M | -172.95K | 27.03M | 961.98K | 21.26M | 25.4M |
| Working Capital Changes | 1.78M | -1.35M | -74.31K | -654.85K | -1.62M | 1.12M | 1.55M | 491.56K | 3.05M | 0 |
| Change in Receivables | 0 | 0 | 0 | -654.85K | -1.62M | 0 | 158.79K | -582.43K | 1.6M | 0 |
| Change in Inventory | 0 | 0 | 0 | 201.3K | 866.51K | 166.18K | -945.58K | 1.23M | 455.64K | 0 |
| Change in Payables | 188.4K | -124.52K | 288.42K | 387.2K | -145.62K | -90.69K | 916.22K | -1.4M | 1.42M | 0 |
| Cash from Investing | -11.16M | -3.96M | -5.16M | -3.69M | -19.68M | -106.8M | -16.1M | -12.04M | -18.17M | -46.06M |
| Capital Expenditures | -1.11M | -2.07M | -1.52M | -3.68M | -19.58M | -83.79M | -16.75M | -19.69M | -29.91M | -65.79M |
| CapEx % of Revenue | 1373.56% | 95.31% | 83.39% | 86.45% | 374.52% | 1373.35% | 453.61% | 162.25% | 510.84% | - |
| Acquisitions | -2.33M | 0 | -3.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 375.98K | -10.89K | -9.24K | -10.97K | -100K | -10.24M | 651.24K | 7.65M | 11.73M | 19.73M |
| Cash from Financing | 12.48M | 5.34M | 11.84M | 30.48M | 103.77M | 180.69M | -531.57K | 44.16M | 25.21M | 47.92M |
| Debt Issued (Net) | 12.29M | 1.32M | 11.81M | 0 | 0 | 32.36M | -483.62K | 29.33M | -1.73M | -3.04M |
| Equity Issued (Net) | 230.53K | 1000K | 0 | 0 | 0 | 1000K | 4.04K | 338.33K | 1000K | 2.34M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -44.43K | -166.83K | 0 | -1.31M | -7.91M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -32.03K | -82.57K | 0 | 30.48M | 103.77M | -2.64M | -203.82K | 14.49M | -1.88M | -1.83M |
| Net Change in Cash | 615.29K▲ 0% | -1.59M▼ 357.7% | 3.98M▲ 351.0% | 22.44M▲ 463.8% | 75.91M▲ 238.3% | 40.14M▼ 47.1% | -19.47M▼ 148.5% | -20.33M▼ 4.4% | -36.16M▼ 77.9% | -45.06M▲ 0% |
| Free Cash Flow | -1.86M▲ 0% | -4.94M▼ 165.7% | -4.32M▲ 12.5% | -7.43M▼ 71.8% | -25.66M▼ 245.6% | -113.02M▼ 340.4% | -29.65M▲ 73.8% | -55.42M▼ 86.9% | -70.32M▼ 26.9% | -119.71M▲ 0% |
| FCF Margin % | -2301.25% | -227.45% | -237.94% | -174.59% | -490.97% | -1852.43% | -802.7% | -456.75% | -1201.21% | -922.67% |
| FCF Growth % | -23.24% | -165.65% | 12.48% | -71.77% | -245.6% | -340.37% | 73.77% | -86.95% | -26.88% | -165.1% |
| FCF per Share | -0.02 | -0.04 | -0.04 | -0.06 | -0.22 | -0.97 | -0.24 | -0.45 | -0.57 | -0.57 |
| FCF Conversion (FCF/Net Income) | 0.12x | 0.28x | 0.11x | 0.19x | 0.34x | 0.56x | 0.34x | 0.78x | 0.54x | 1.05x |
| Interest Paid | 0 | 48.31K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 18.67K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NVX Key Ratios
Novonix Limited (NVX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -58.08% | -43.38% | -131.51% | -56.53% | -15.16% | -24.16% | -18.92% | -27.58% | -46.54% | -81.63% |
| Return on Invested Capital (ROIC) | -28.53% | -20.89% | -28.32% | -39.03% | -25.4% | -33.7% | -22.67% | -27.79% | -25.58% | -25.58% |
| Gross Margin | -1639.69% | -27.48% | -83.84% | -57.47% | -62.71% | 71.73% | -558.56% | 76.78% | 69.76% | -255.27% |
| Net Margin | -7592.94% | -475.32% | -1437.6% | -470.88% | -345.8% | -850.01% | -1031.13% | -381.13% | -1278.04% | -876.47% |
| Debt / Equity | 0.63x | 0.14x | 2.12x | 0.19x | 0.11x | 0.16x | 0.21x | 0.37x | 0.51x | 0.51x |
| Interest Coverage | -9.65x | -17.33x | -10.30x | -4.35x | -93.40x | -32.33x | -30.31x | -15.87x | -14.48x | -15.52x |
| FCF Conversion | 0.12x | 0.28x | 0.11x | 0.19x | 0.34x | 0.56x | 0.34x | 0.78x | 0.54x | 1.05x |
| Revenue Growth | 290.37% | 2587.76% | -16.34% | 134.08% | 22.9% | 16.72% | -39.46% | 228.54% | -51.75% | 24.03% |
NVX Frequently Asked Questions
Novonix Limited (NVX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Novonix Limited (NVX) reported $13.0M in revenue for fiscal year 2024.
Novonix Limited (NVX) saw revenue decline by 51.8% over the past year.
Novonix Limited (NVX) reported a net loss of $113.7M for fiscal year 2024.
Dividend & Returns
Novonix Limited (NVX) has a return on equity (ROE) of -46.5%. Negative ROE indicates the company is unprofitable.
Novonix Limited (NVX) had negative free cash flow of $119.7M in fiscal year 2024, likely due to heavy capital investments.
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