InvestSMART

NOVONIX Limited (ASX: NVX) - Financials

- Current share price for NVX : $0.145

NOVONIX Limited (NVX) strives to reduce supply chain risk, support U.S. energy independence, and establish a resilient battery materials supply chain. The company is building a North American platform for critical battery materials - anchored by its Chattanooga, Tennessee headquarters and anode materials operations, expanding through its patented all-dry, precursor-free cathode synthesis technology, and supported by battery cell testing and R&D services.

NVX Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2025 $0.01 -9.2 ¢ -11.5 ¢ 0 ¢ 0% $0.29 0 0% -42.9%
2024 $0.02 -13.1 ¢ -24.2 ¢ 0 ¢ 0% $0.39 0 0% 0%
2023 $0.02 -10.9 ¢ -13.9 ¢ 0 ¢ 0% $0.55 0 0% -50%

NVX Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$149,913 $17,849 $56,311 19% $0.00 $241,552 81%
Note: All dollars in thousands ('000) for the table above

NVX Historical Financials

2025 2024 2023
Revenue ($M) 8.4 9.4 11.8
Operating Margin (%) -658.4 -1,160.8 -482.3
Depreciation ($M) -6.8 -7.3 -6.7
Amortisation ($M)
Net Profit Before Abs ($M) -78.3 -120.4 -67.6
Net Profit After Abs ($M) -138.5 -120.4 -67.6
Income Tax Rate (%) -0.1 0.4
Net Profit Margin (%) -933.5 -1,278 -574.2
Employees ($T)
Long Term Debt ($M) 56.3 63.2 99
Shareholders Equity ($M) 241.6 221.3 268.9
Return on Capital (%) -22 -41 -18
Return on Equity (%) -32.4 -54.4 -25.1
Payout Ratio (%)

NVX Cashflow

2025 2024 2023
Customer Receipts ($M) 12 13 11
Net Operating Cashflow ($M) -63.1 -65 -53
Net Investing Cashflow ($M) -49 -29 -17
Net Financing Cashflow ($M) 164 41 42

NVX Market & Earnings

2025 2024 2023
Market Cap ($M) 353 417 359
Net Gearing (%) 12.7 21 -5.1
Net Interest Cover (%) -3.83 -33.03 -15.22
Dividend Yield (%)
NTA Per Share ($) 0.27 0.36 0.51
EBITDA ($M) -55.3 -109.3 -56.8
EBIT ($M) -62.1 -116.7 -63.7
EBT Before Abs ($M) -78.3 -120.2 -67.9

NVX Balance Sheet

2025 2024 2023
Cash ($M) 119.3 68.5 115.1
Debtors ($M) 2.03 2.21 4.44
Other Debtors ($M) 1.13 10.91 0.77
Prepayments ($M) 1.06 2.74 2.72
Inventories ($M) 3.26 2.23 2.93
Current Investments ($M)
Other Current Assets ($M) 6.4 2.34 1.16
Total Current Assets ($M) 133.2 92.2 130.3
Receivables ($M)
Inventories ($M)
Property, Plant & Equipment ($M) 309.3 274.6 227.6
Accumulated Depreciation ($M) -39.5 -24.2 -16.7
Intangibles ex. Goodwill ($M) 0.02
Goodwill ($M) 17.9 19.3 17.5
Future Income Tax Benefit ($M)
Non-Current Investments ($M) 24.4
Other Non-Current Assets ($M) 1.86 1.86 1.83
Total Non-Current Assets ($M) 289.5 271.5 254.7
Total Assets ($M) 422.7 363.7 385
Accounts Payable ($M) 19.9 13.71 8.42
Provisions ($M) 11.12 8.69 0.16
Short Term Debt ($M) 93.6 51.78 2.47
Other Current Liabilities ($M) 0.22 0.2 0.42
Total Current Liabilities ($M) 124.8 74.4 11.5
Creditors ($M)
Long Term Debt ($M) 56.3 63.2 99
Provisions ($M) 1.27
Other Non-Current Liabilities ($M) 4.83 4.39
Total Non-Current Liabilities ($M) 56.3 68 104.6
Total Liabilities ($M) 181.2 142.4 116.1
Share Capital ($M) 725.4 591.2 494.8
Reserves ex. Share Premium ($M) 42.7 47.8 44.4
Share Premium Reserve ($M)
Retained Profits ($M) -526.5 -417.7 -270.2
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M)
Total Shareholders Equity ($M) 241.6 221.3 268.9

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