NOVONIX（NVX）株式概要NOVONIX社は、バッテリー技術と素材を扱う会社で、北米、アジア、オーストラリア、ヨーロッパで製品とミッションクリティカルなサービスを提供している。 詳細NVX ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金0/6リスク分析過去1年間で株主の希薄化は大幅に進んだ 過去5年間で収益は年間26.5%減少しました。 キャッシュランウェイが1年未満である すべてのリスクチェックを見るNVX Community Fair Values Create NarrativeSee what 32 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.264.0k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-93m9m2016201920222025202620282031Revenue US$8.8mEarnings US$736.7kAdvancedSet Fair ValueView all narrativesNOVONIX Limited 競合他社Structural Monitoring SystemsSymbol: ASX:SMNMarket cap: AU$60.7mRubicon WaterSymbol: ASX:RWLMarket cap: AU$26.5mRocketDNASymbol: ASX:RKTMarket cap: AU$26.3mAVA Risk GroupSymbol: ASX:AVAMarket cap: AU$17.2m価格と性能株価の高値、安値、推移の概要NOVONIX過去の株価現在の株価AU$0.2652週高値AU$1.0252週安値AU$0.24ベータ0.911ヶ月の変化-10.53%3ヶ月変化-23.88%1年変化-49.00%3年間の変化-75.60%5年間の変化-86.58%IPOからの変化-8.93%最新ニュースお知らせ • Apr 30NOVONIX Limited to Report Q1, 2026 Results on Apr 29, 2026NOVONIX Limited announced that they will report Q1, 2026 results on Apr 29, 2026Recent Insider Transactions Derivative • Mar 02Independent Chairman exercised options to buy AU$81k worth of stock.On the 27th of February, Ronald Edmonds exercised options to buy 241k shares at a strike price of around AU$0.34, costing a total of AU$81k. This transaction amounted to 138% of their direct individual holding at the time of the trade. Since March 2025, Ronald has owned 175.15k shares directly. Company insiders have collectively bought AU$25k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Feb 27Full year 2025 earnings released: US$0.14 loss per share (vs US$0.15 loss in FY 2024)Full year 2025 results: US$0.14 loss per share. Net loss: US$92.7m (loss widened 24% from FY 2024).New Risk • Feb 27New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$102m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$102m).お知らせ • Feb 18+ 1 more updateNOVONIX Limited, Annual General Meeting, Apr 15, 2026NOVONIX Limited, Annual General Meeting, Apr 15, 2026.お知らせ • Oct 31Novonix Appoints Dwayne Johnson as Chief Operating OfficerNOVONIX announced the appointment of Dwayne Johnson as Chief Operating Officer. Mr. Johnson brings over 30 years of experience in manufacturing and capital project leadership, with a proven record of driving strategic growth, operational excellence, and continuous improvement across multiple industries. Prior to joining NOVONIX, Mr. Johnson served as Vice President of Strategy, Capital Projects, and Operations at EMT, the largest supplier of manufactured products to the cementitious building products industry. In this role, he led the execution of a five-year strategic growth plan that expanded operations to 10 greenfield manufacturing facilities, oversaw more than $500 million in capital investments, and doubled the company profitability. Mr. Johnson holds both B.S. and M.S. degrees in Chemical Engineering from Case Western Reserve University, where he graduated Magna Cum Laude, as well as an MBA. His extensive background in facility construction, process scale-up, and operational strategy will further advance NOVONIX's mission to build a sustainable and scalable domestic supply chain for battery materials.最新情報をもっと見るRecent updatesお知らせ • Apr 30NOVONIX Limited to Report Q1, 2026 Results on Apr 29, 2026NOVONIX Limited announced that they will report Q1, 2026 results on Apr 29, 2026Recent Insider Transactions Derivative • Mar 02Independent Chairman exercised options to buy AU$81k worth of stock.On the 27th of February, Ronald Edmonds exercised options to buy 241k shares at a strike price of around AU$0.34, costing a total of AU$81k. This transaction amounted to 138% of their direct individual holding at the time of the trade. Since March 2025, Ronald has owned 175.15k shares directly. Company insiders have collectively bought AU$25k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Feb 27Full year 2025 earnings released: US$0.14 loss per share (vs US$0.15 loss in FY 2024)Full year 2025 results: US$0.14 loss per share. Net loss: US$92.7m (loss widened 24% from FY 2024).New Risk • Feb 27New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$102m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$102m).お知らせ • Feb 18+ 1 more updateNOVONIX Limited, Annual General Meeting, Apr 15, 2026NOVONIX Limited, Annual General Meeting, Apr 15, 2026.お知らせ • Oct 31Novonix Appoints Dwayne Johnson as Chief Operating OfficerNOVONIX announced the appointment of Dwayne Johnson as Chief Operating Officer. Mr. Johnson brings over 30 years of experience in manufacturing and capital project leadership, with a proven record of driving strategic growth, operational excellence, and continuous improvement across multiple industries. Prior to joining NOVONIX, Mr. Johnson served as Vice President of Strategy, Capital Projects, and Operations at EMT, the largest supplier of manufactured products to the cementitious building products industry. In this role, he led the execution of a five-year strategic growth plan that expanded operations to 10 greenfield manufacturing facilities, oversaw more than $500 million in capital investments, and doubled the company profitability. Mr. Johnson holds both B.S. and M.S. degrees in Chemical Engineering from Case Western Reserve University, where he graduated Magna Cum Laude, as well as an MBA. His extensive background in facility construction, process scale-up, and operational strategy will further advance NOVONIX's mission to build a sustainable and scalable domestic supply chain for battery materials.New Risk • Oct 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (AU$209k sold).お知らせ • Sep 26Axon Graphite Limited acquired MD South Tenements Pty Ltd from NOVONIX Limited (ASX:NVX) for AUD 2 million.Axon Graphite Limited acquired MD South Tenements Pty Ltd from NOVONIX Limited (ASX:NVX) for AUD 2 million on September 24, 2025. A cash consideration of AUD 2 million will be paid by Axon Graphite Limited. Axon Graphite Limited completed the acquisition of MD South Tenements Pty Ltd from NOVONIX Limited (ASX:NVX) on September 24, 2025.お知らせ • Sep 10NOVONIX Limited announced that it has received $95 million in funding from Yorkville Advisors Global LPOn September 8, 2025, NOVONIX Limited closed the transaction. The company issued debentures in the principal amount of $35,500,000 at a discount of 5% for gross proceeds of $33,725,000 in its second tranche and issued debenture in the principal amount of $40,000,000 at a discount of 5% for gross proceeds of $38,000,000 in its additional tranche. The transaction has been approved by board of directors of the company.Recent Insider Transactions • Aug 29Non-Executive Director recently sold AU$163k worth of stockOn the 27th of August, Nicholas Liveris sold around 300k shares on-market at roughly AU$0.54 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$612k more than they bought in the last 12 months.Reported Earnings • Aug 23First half 2025 earnings released: US$0.032 loss per share (vs US$0.059 loss in 1H 2024)First half 2025 results: US$0.032 loss per share (improved from US$0.059 loss in 1H 2024). Net loss: US$20.1m (loss narrowed 30% from 1H 2024). Revenue is forecast to grow 103% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.New Risk • Aug 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$76m net loss next year).お知らせ • Jul 24+ 1 more updateNOVONIX Limited to Report Q2, 2025 Results on Jul 24, 2025NOVONIX Limited announced that they will report Q2, 2025 results on Jul 24, 2025お知らせ • Jun 11NOVONIX Limited Announces Board Leadership ChangesNOVONIX Limited announced the appointment of Mr. Ronald Edmonds as the new Independent Chair of its Board of Directors, effective July 1, 2025. Mr. Edmonds joined the NOVONIX Board in October 2022 and is a seasoned finance leader with extensive experience in leadership roles at Dow Chemical. On August 1, 2024, Mr. Edmonds was appointed to the interim role of Executive Officer Finance, to assist with the transition of the new Chief Financial Officer. This appointment ends on June 30, 2025. Admiral Robert Natter, the current Chair, will continue as a non-executive director and will assume the role of Deputy Chair. In addition, he will serve as a member of both the Audit and Risk Management Committee and the Nominating and Corporate Governance Committee. Mr. Tony Bellas, the current Deputy Chair, will continue as a non-executive director, serving as Chair of the Audit & Risk Management Committee, and a member of both the Remuneration Committee and the Nominating and Corporate Governance Committee. These board leadership changes reflect the Board's ongoing commitment to thoughtful succession planning and long-term stability.New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$76m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (AU$288k sold).お知らせ • Apr 28NOVONIX Limited Announces Chief Executive Officer ChangesNOVONIX Limited announced the appointment of Michael O’Kronley as Chief Executive Officer, effective May 19, 2025. With a strong technical foundation in engineering, Mr. O’Kronley brings over 30 years of automotive experience, including 15 years in the Lithium-ion battery and battery materials space. Most recently, Mr. O’Kronley served as Chief Executive Officer of Ascend Elements where he increased the enterprise value of the company by USD 1.6 billion in 5 years. Mr. O’Kronley succeeds Mr. Robert Long, who has served as Interim CEO since January 2025. He will now resume his role as Chief Financial Officer, continuing to play a key role in the Company’s strategic and financial leadership.Recent Insider Transactions • Mar 15Non-Executive Director recently sold AU$222k worth of stockOn the 13th of March, Nicholas Liveris sold around 500k shares on-market at roughly AU$0.44 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$382k more than they bought in the last 12 months.New Risk • Mar 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding).Reported Earnings • Mar 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: US$0.15 loss per share (further deteriorated from US$0.095 loss in FY 2023). Net loss: US$74.8m (loss widened 62% from FY 2023). Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 130% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 19NOVONIX Limited, Annual General Meeting, Apr 02, 2025NOVONIX Limited, Annual General Meeting, Apr 02, 2025.お知らせ • Jan 28NOVONIX Limited has completed a Follow-on Equity Offering in the amount of AUD 52.101623 million.NOVONIX Limited has completed a Follow-on Equity Offering in the amount of AUD 52.101623 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 74,064,647 Price\Range: AUD 0.6 Discount Per Security: AUD 0.024 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,771,392 Price\Range: AUD 0.6 Discount Per Security: AUD 0.024 Transaction Features: Subsequent Direct Listingお知らせ • Jan 21NOVONIX Limited Announces Chief Executive Officer Changes, Effective 24 January 2025NOVONIX Limited announced the planned transition in the Chief Executive Officer (“CEO”) role, with Dr. Chris Burns stepping down as Chief Executive Officer, effective 24 January 2025. Dr. Burns will continue to support the Company in an advisory capacity, serving as Special Advisor to the Board of Directors (the “Board”), in order to provide continuity, support ongoing operations of the Company and ensure a smooth transition. Dr. Burns has led NOVONIX since September 2020 and has positioned the company for the next phase of growth as it scales up operations at its production facilities in Chattanooga, Tennessee. With significant accomplishments during 2024, NOVONIX plans to begin production from its Riverside facility this year. With Dr. Burns’ stepping down, the Board has commenced a search for a new CEO who will be based at the Company’s headquarters in Chattanooga and will have experience in manufacturing, operations and scale-up to lead the Company into the planned growth in NOVONIX’s synthetic graphite production over the coming years. The Board of Directors has appointed Mr. Robert Long, NOVONIX Chief Financial Officer, to serve as interim CEO, effective 24 January 2025, until a permanent CEO is appointed. Mr. Long will work closely with the Board to ensure a smooth transition and maintain momentum and focus on key strategic goals.お知らせ • Dec 31NOVONIX Limited to Report Q4, 2024 Results on Jan 30, 2025NOVONIX Limited announced that they will report Q4, 2024 results After-Market on Jan 30, 2025New Risk • Dec 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (AU$161k sold).お知らせ • Nov 26+ 1 more updateNOVONIX Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.NOVONIX Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,333,333 Price\Range: AUD 0.6New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$53m free cash flow). Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (AU$161k sold).お知らせ • Oct 03NOVONIX Limited to Report Q3, 2024 Results on Oct 30, 2024NOVONIX Limited announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 26We Think NOVONIX (ASX:NVX) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent Insider Transactions • Sep 20Director recently sold AU$93k worth of stockOn the 16th of September, Nicholas Liveris sold around 162k shares on-market at roughly AU$0.58 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Aug 23First half 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2024 results: US$0.059 loss per share (further deteriorated from US$0.058 loss in 1H 2023). Net loss: US$28.7m (loss widened 2.2% from 1H 2023). Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates by 1.2%. Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 01+ 1 more updateNOVONIX Limited Announces Board ChangesNOVONIX Limited announced that CFO Nick Liveris will transition to the Company's Board of Directors upon the appointment of a new CFO. Mr. Liveris will be appointed to the Board of Directors effective September 1, 2024. To ensure a smooth transition of the CFO role to Mr. Long, Ron Edmonds, a seasoned finance leader and NOVONIX board member, will take on the interim role of Executive Officer Finance effective August 1, 2024. Mr. Edmonds' extensive experience in leadership roles at Dow Chemical, including as Chief Accounting Officer, will significantly contribute to NOVONIX's continued growth.分析記事 • Jun 01Health Check: How Prudently Does NOVONIX (ASX:NVX) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • May 24+ 1 more updateNOVONIX Limited Announces Resignation of Nick Liveris as Chief Financial OfficerNOVONIX Limited announced that Chief Financial Officer ("CFO"), Nick Liveris, will retire from his executive role and transition to a non-executive role on NOVONIX’s Board of Directors, effective on the appointment of a new CFO. The Company has begun the process of recruiting a new CFO who will work closely with Mr. Liveris to ensure a successful transition of the role. Mr. Liveris has decided to retire from the executive role at NOVONIX to work full time with the Liveris Family Office, through which he will continue to support NOVONIX. The Company recognizes the significant contributions made by Mr. Liveris over the past seven years of service to the business to build the strong position of the Company as a North American leader in the battery materials and its supporting technology. Mr. Liveris becoming a Non-Executive Director will allow NOVONIX to retain his experience and knowledge of the Company to support its continued growth.Price Target Changed • May 09Price target decreased by 9.1% to AU$1.00Down from AU$1.10, the current price target is provided by 1 analyst. New target price is 19% above last closing price of AU$0.84. Stock is down 20% over the past year. The company posted a net loss per share of US$0.095 last year.分析記事 • Apr 10Shareholders Will Probably Hold Off On Increasing NOVONIX Limited's (ASX:NVX) CEO Compensation For The Time BeingKey Insights NOVONIX will host its Annual General Meeting on 16th of April CEO Chris Burns' total compensation includes...New Risk • Apr 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$55m free cash flow). Earnings have declined by 35% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).お知らせ • Apr 03Axon Graphite Limited signed a definitive agreement to acquire Md South Tenements Pty. Ltd. from NOVONIX Limited (ASX:NVX) for approximately AUD 10 million on April 3, 2024.Axon Graphite Limited signed a definitive agreement to acquire Md South Tenements Pty. Ltd. (MDSTPL) from NOVONIX Limited (ASX:NVX) for approximately AUD 10 million on April 3, 2024. As consideration, Axon Graphite issuing 50 million fully paid ordinary shares issued at AUD 0.20 per share to the Seller. The transaction consists of sale of 100 shares in the capital of MDSTPL by NOVONIX to Lithium Energy, comprising 100% of the issued capital of MDSTPL. The acquisition includes 100% interest in the tenements comprising the Mt Dromedary Graphite Project: EPM 17246, EPM 17323 and EPM 26025 (Sub-Blocks D, J, O and S within Normanton 3123 Block) (Mt Dromedary Mining Interests). The transaction is subject to the completion of the parties' due diligence enquiries, regulatory approval, completion of the proposed initial public offering (“IPO”) of Axon, receipt of approval for the admission of Axon to the ASX and all liabilities of Md South Tenements Pty. owed to the Seller being released, forgiven or discharged. Upon completion, Lithium Energy and NOVONIX Limited to merge their adjoining Queensland Graphite Assets into spin-out company namely-Axon Graphite Limited. The transaction is expected to be closed six months from the date of the agreement and one business day after the last of the parties have given their notice of compliance with all of their obligations under the Conditions Precedent, to the other parties.お知らせ • Mar 07NOVONIX Limited, Annual General Meeting, Apr 17, 2024NOVONIX Limited, Annual General Meeting, Apr 17, 2024, at 09:00 E. Australia Standard Time. Location: Allens, Level 26, 480 Queen Street Brisbane QLD BRISBANE Australia Agenda: To consider Financial Statements and Reports; to consider Remuneration Report (Non-Binding); to consider : Election of Director Mr Suresh Vaidyanathan; to consider Election of Director Ms Sharan Burrow AC; to consider Issue of FY23 Share Rights to Mr Ron Edmonds; to consider Issue of FY24 Share Rights to Admiral Robert Natter; to consider Issue of FY24 Share Rights to Mr Anthony Bellas; to consider Issue of FY24 Share Rights to Phillips 66 Company; to consider Issue of FY24 Share Rights to Ms Jean Oelwang; to consider Issue of FY24 Share Rights to Mr Ron Edmonds; to consider Issue of FY24 Share Rights to Ms Sharan Burrow AC; to consider Issue of FY24 Performance Rights to Mr Nick Liveris; to consider Contingent Business.分析記事 • Mar 01Is NOVONIX (ASX:NVX) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Feb 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: US$0.095 loss per share (improved from US$0.12 loss in FY 2022). Net loss: US$46.2m (loss narrowed 17% from FY 2022). Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 94% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 30% per year.お知らせ • Feb 05NOVONIX Limited Appoints Sharan Burrow AC to Its Board of Directors, Effective 28 February, 2024NOVONIX Limited announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024. Sharan Burrow is a global advocate for human rights, climate action, and Just Transition. She is the former General Secretary of the International Trade Union Confederation (2010-2022). Previously she was President of the Australian Council of Trade Unions (20002010). Ms. Burrow is well known for her international advocacy on employment, human rights, industrial relations, corporate responsibility, and climate action with just transition solutions. She has represented workers and civil society groups in global policy discussions in United Nations bodies, on the Governing Body of the International Labour Organisation as well as at the tables of the G7, G20, World Bank, and International Monetary Fund. She has twice been a Co-Chair of the World Economic Forum's Annual Meeting in Davos. Ms. Burrow is currently a Visiting Professor in Practice at the London School of Economics- Grantham Institute, a Vice Chair of the European Climate Foundation, a board member of the Green Hydrogen Association, Co-Chair of the IEA Labour Council, a Commissioner for the Global Commission on Climate Governance, a B Team Leader and formerly Co-chair of 100% Human at Work. Sharan has also been appointed to the Temasek Sustainability Advisory Panel.お知らせ • Jan 25NOVONIX Limited to Report Q4, 2023 Results on Jan 30, 2024NOVONIX Limited announced that they will report Q4, 2023 results on Jan 30, 2024お知らせ • Dec 20Daniel Akerson Resigns from NOVONIX Limited Board of DirectorsNOVONIX Limited announced that Daniel Akerson has resigned from the Company's Board of Directors effective December 20, 2023. Mr. Akerson cited personal reasons for his departure from the Company's board. Mr. Akerson has been a strong contributor to NOVONIX's Board of Directors since 2022, bringing valuable expertise and strategic insights to the organization. During his tenure, he has played a key role in guiding the Company through scaling of its anode materials operation, progressing customer agreements, and has been instrumental in shaping the Company's strategic direction.New Risk • Nov 03New major risk - Revenue and earnings growthEarnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$88m free cash flow). Earnings have declined by 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).お知らせ • Oct 26NOVONIX Limited to Report Q3, 2023 Results on Oct 26, 2023NOVONIX Limited announced that they will report Q3, 2023 results at 5:30 PM, Eastern Daylight on Oct 26, 2023New Risk • Oct 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$88m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change).分析記事 • Oct 05Is NOVONIX (ASX:NVX) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent Insider Transactions • Sep 19Non-Executive Chairman recently bought AU$296k worth of stockOn the 15th of September, Robert Natter bought around 380k shares on-market at roughly AU$0.78 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Robert has been a net seller over the last 12 months, reducing personal holdings by AU$60k.お知らせ • Sep 15Novonix Limited Provide an Update on Production from Its Proprietary, Continuous Induction Generation 3 FurnacesNovonix Limited provided an update on production from its proprietary, continuous induction Generation 3 Furnaces at its Riverside, Tennessee facility. The Company previously reported its high-performance battery grade synthetic graphite met specification targets from its Furnaces. Production campaigns have been ongoing to provide both operating data and economic insight on this breakthrough technology. In the most recent campaign, material was produced that met all specifications while also reaching the equipment design throughput targets. The Company will continue with production campaigns to collect more operational data and provide mass-production material for sampling to potential customers. The achievement of these milestones highlights the potential of the Company’s continuous induction Furnace technology in meeting production targets at competitive cost while reaching company's high-energy efficiency target with a near zero-emission process. The Company is updating the engineering for both the process equipment and Riverside facility with an increased production target of up to 20,000 tonnes per annum (tpa), compared to the initial target of 10,000 tpa. This updated throughput will support KORE Power and other prospective customers with whom the Company is in discussions about product qualification, production timelines and potential supply agreements. The Company expects engineering work to confirm this full facility re-design to be completed in the first quarter of 2024 which will support the continued deployment of additional mass production equipment for the start of commercial production for KORE Power in late 2024.お知らせ • Sep 14Novonix Limited Announces the Cessation of Zhanna Golodryga as DirectorNovonix Limited announced the cessation of Zhanna Golodryga as Director, effective September 7, 2023.お知らせ • Sep 07Novonix Limited Announces Board ChangesNOVONIX Limited announced the appointment of Suresh Vaidyanathan, Vice President, Emerging Energy for Phillips 66 to its Board of Directors, effective September 6th. Mr. Vaidyanathan replaces outgoing Board member Zhanna Golodryga, Executive Vice President of Emerging Energy of Phillips 66. Pursuant to Phillips 66’s 2021 investment in the Company, Phillips 66 maintains the right to nominate a member to the Board of NOVONIX. Suresh Vaidyanathan is Vice President, Emerging Energy, for Phillips 66. A chemical engineer by training, Mr. Vaidyanathan has more than 30 years of global experience in the downstream oil and gas industry. Prior to assuming his current role in 2023, he served in a variety of refining, technical services, operations and strategy leadership roles across Phillips 66. He started his career at HPCL of India in 1991 (formerly Exxon-Caltex Refining), and later worked in the Fractionation industry with Koch Industries and Sulzer Chemtech in India, Europe and the U.S. Mr. Vaidyanathan holds a master’s degree in chemical engineering from the Indian Institute of Technology (IIT), and an MBA from Southern Methodist University.Recent Insider Transactions Derivative • Sep 01Non-Executive Chairman exercised options to buy AU$534k worth of stock.On the 29th of August, Robert Natter exercised options to buy 577k shares at a strike price of around AU$0.75, costing a total of AU$431k. This transaction amounted to 33% of their direct individual holding at the time of the trade. Since December 2022, Robert's direct individual holding has decreased from 2.13m shares to 1.76m. Company insiders have collectively bought AU$364k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Aug 29First half 2023 earnings released: US$0.058 loss per share (vs US$0.064 loss in 1H 2022)First half 2023 results: US$0.058 loss per share (improved from US$0.064 loss in 1H 2022). Net loss: US$28.1m (loss narrowed 9.5% from 1H 2022). Revenue is forecast to grow 57% p.a. on average during the next 4 years, compared to a 17% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Jul 22Novonix Limited's Battery Technology Solutions Division Commissions Zero-Waste Cathode Pilot LineNovonix Limited announced its Battery Technology Solutions division successfully completed the commissioning of its 10 tonnes per annum (TPA) cathode pilot line. The cathode pilot line’s first product, a mid-nickel grade of single-crystal cathode material (“NMC622"), produced using NOVONIX’s patent-pending, all-dry, zero-waste synthesis technology, matches the performance of leading cathode materials from existing suppliers in full-cell testing. NOVONIX will use the pilot line to further demonstrate the manufacturability of the Company’s long-life cathode materials and technology, including high-nickel (NMC811) and cobalt-free materials, along with their performance in industrial format lithium-ion cells. The NMC622 cathode material serves as a platform to expand upon the all-dry process into high-nickel and cobalt-free chemistries, demonstrating the flexibility of the NOVONIX technology across a range of critical cathode materials. The Company previously shared performance data from their all-dry, mid-nickel cathode powder that was built into 1-Ah pouch battery cells, by leveraging their cell prototyping line, and benchmarked against commercial cathode powders of the same chemistry. The data, seen in the figure below, showed that cells containing NOVONIX all-dry, zero-waste cathode powder had similar capacity retention out to 400+ cycles as high-quality, commercial, mid-nickel, single-crystal cathode powders without any ‘finishing’ or surface treatments. Early physical property measurements of mid-nickel cathode powders produced on the 10 tpa pilot line indicate similar, if not superior, expected electrochemical performance from the scaled material. The positive performance results around NMC622 mark a critical step in enabling the Company to proceed with plans to scale larger test samples and begin commercial discussions with potential partners and customers for its cathode technology.Recent Insider Transactions • Jul 07Non-Executive Chairman recently sold AU$356k worth of stockOn the 30th of June, Robert Natter sold around 373k shares on-market at roughly AU$0.95 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.お知らせ • Jun 08Novonix Limited announced that it expects to receive AUD 45.05 million in funding from LG Energy Solution, Ltd.Novonix Limited entered into Unsecured Convertible Note Agreement for the private placement of redeemable unsecured convertible notes for gross proceeds of $30 million (AUD 45.05 million) on June 7, 2023. The transaction will include participation from new investor, LG Energy Solution, Ltd. The notes will have 4% coupon rate and a maturity date of June 7, 2028. The convertible notes will mandatorily convert into ordinary shares upon acceptance of the first purchase order under the purchase agreement, although the investor may elect to convert some or all of the notes prior to such time. No interest would be payable on the notes in these circumstances. The convertible notes may be redeemed or converted on the maturity date, in which case interest is payable in cash or “in-kind” (in the case of conversion). The convertible notes will be issued with a conversion price of AUD 1.60 per common share.分析記事 • May 25Is Novonix (ASX:NVX) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Breakeven Date Change • Apr 04Forecast to breakeven in 2024The analyst covering Novonix expects the company to break even for the first time. New forecast suggests the company will make a profit of US$41.8m in 2024. Average annual earnings growth of 16% is required to achieve expected profit on schedule.Reported Earnings • Mar 01First half 2023 earnings released: US$0.057 loss per share (vs US$0.047 loss in 1H 2022)First half 2023 results: US$0.057 loss per share (further deteriorated from US$0.047 loss in 1H 2022). Net loss: US$27.9m (loss widened 33% from 1H 2022). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 16Price target increased to AU$3.11Up from AU$2.11, the current price target is provided by 1 analyst. New target price is 18% above last closing price of AU$2.64. Stock is down 73% over the past year. The company is forecast to post a net loss per share of AU$0.13 next year compared to a net loss per share of AU$0.15 last year.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Charles St Baker was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Board Change • Oct 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Charles St Baker was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Oct 26Novonix Limited Announces Board AppointmentsNovonix Limited announced the appointment of Daniel Akerson and Ron Edmonds to its Board of Directors, effective October 27, 2022. Mr. Akerson has served as an executive and director for multiple Fortune 100 companies, including as the former Chairman and Chief Executive Officer of General Motors from 2010 to 2014. In 2002, he joined The Carlyle Group as a Global Partner and Co-Head of U.S. Buyout, and then became head of the firm'sGlobal Buyout operations. In addition to his executive positions, Mr. Akerson currently serves as lead director on the Lockheed Martin Board of Directors and was previously Chairman of the United States Naval Academy Foundation. Mr. Edmonds is a highly accomplished finance executive, currently serving as Chief Accounting Officer at Dow. Prior to Dow, he served in finance and accounting roles at Chiquita Brands International, The Upjohn Company, andArthur Andersen & Company.Breakeven Date Change • Oct 22Forecast to breakeven in 2024The analyst covering Novonix expects the company to break even for the first time. New forecast suggests losses will reduce by 8.0% to 2023. The company is expected to make a profit of AU$65.6m in 2024. Average annual earnings growth of 43% is required to achieve expected profit on schedule.Price Target Changed • Oct 22Price target increased to AU$3.11Up from AU$2.11, the current price target is provided by 1 analyst. New target price is 41% above last closing price of AU$2.21. Stock is down 64% over the past year. The company is forecast to post a net loss per share of AU$0.12 next year compared to a net loss per share of AU$0.15 last year.Major Estimate Revision • Sep 07Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from AU$21.1m to AU$24.6m. EPS estimate fell from -AU$0.07 to -AU$0.12 per share. Electronic industry in Australia expected to see average net income growth of 23% next year. Consensus price target down from AU$2.98 to AU$2.11. Share price fell 15% to AU$2.06 over the past week.分析記事 • Sep 04Is Novonix (ASX:NVX) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Sep 02Novonix Limited, Annual General Meeting, Oct 26, 2022Novonix Limited, Annual General Meeting, Oct 26, 2022. Agenda: To consider the grant and issue of the performance rights.Reported Earnings • Sep 01Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: AU$0.15 loss per share (down from AU$0.049 loss in FY 2021). Net loss: AU$71.4m (loss widened 295% from FY 2021). Revenue exceeded analyst estimates by 52%. Earnings per share (EPS) missed analyst estimates by 285%. Over the next year, revenue is forecast to grow 193%, compared to a 37% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions Derivative • Jul 10Independent Non-Executive Director exercised options to buy AU$162k worth of stock.On the 7th of July, Robert Cooper exercised options to buy 66k shares at a strike price of around AU$2.44, costing a total of AU$161k. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since September 2021, Robert has owned 586.61k shares directly. Company insiders have collectively sold AU$11m more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Jul 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from AU$8.89m to AU$7.53m. EPS estimate unchanged from -AU$0.07 per share at last update. Electronic industry in Australia expected to see average net income growth of 22% next year. Consensus price target down from AU$5.44 to AU$4.49. Share price rose 10% to AU$2.46 over the past week.Breakeven Date Change • Jul 08No longer forecast to breakevenThe analyst covering Novonix no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$10.0m in 2024. New forecast suggests the company will make a loss of AU$34.5m in 2024.分析記事 • Jun 02Is Novonix (ASX:NVX) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • May 28Novonix Limited Announces Board ChangesNovonix Limited announced that Mr. Trevor St Baker AO has retired from the Board of the Company, effective immediately. Mr. St Baker advised that he has excessive company Board representations on behalf of the St Baker Energy Innovation Fund (SBEIF). Mr. Chris Hay’s appointment as an Alternate Director for Mr. St Baker since June 2021, ends with Mr. St Baker’s retirement.Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -AU$0.10 to -AU$0.07 per share. Revenue forecast unchanged from AU$9.43m at last update. Electronic industry in Australia expected to see average net income growth of 23% next year. Consensus price target up from AU$7.44 to AU$22.44. Share price fell 13% to AU$5.23 over the past week.お知らせ • Mar 03NOVONIX Limited Announces Appointment of Jean Oelwang to Board of DirectorsNOVONIX Limited announced the appointment of Jean Oelwang, President and Founding CEO of Virgin Unite, the entrepreneurial foundation of the worldwide Virgin Group, to its Board of Directors. Over the last 17 years, Ms. Oelwang has worked with partners to lead the incubation and start-up of several global initiatives, including: The Elders, The B Team, The Carbon War Room (successfully merged with the RMI), The Africa Donor Collective, Ocean Unite (now ORRAA), The Caribbean Climate Smart Accelerator, 100% Human at Work, The Virgin Unite Constellation, and The Branson Centers of Entrepreneurship. She also played a key partner role in the incubation of many other initiatives such as The Audacious Project. Prior to that, Jean helped start up mobile phone companies in seven countries.Price Target Changed • Feb 28Price target decreased to AU$7.44Down from AU$8.49, the current price target is an average from 2 analysts. New target price is 48% above last closing price of AU$5.03. Stock is up 79% over the past year. The company is forecast to post a net loss per share of AU$0.06 next year compared to a net loss per share of AU$0.049 last year.Reported Earnings • Feb 28First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: AU$0.065 loss per share (down from AU$0.031 loss in 1H 2021). Net loss: AU$28.8m (loss widened 168% from 1H 2021). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 340%, compared to a 116% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 133% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Feb 26Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$9.07m to AU$9.43m. Forecast EPS reduced from -AU$0.07 to -AU$0.08 per share. Electronic industry in Australia expected to see average net income growth of 23% next year. Consensus price target down from AU$6.97 to AU$4.88. Share price fell 9.4% to AU$5.08 over the past week.Price Target Changed • Feb 11Price target decreased to AU$6.97Down from AU$8.66, the current price target is an average from 2 analysts. New target price is 7.1% above last closing price of AU$6.51. Stock is up 139% over the past year. The company is forecast to post a net loss per share of AU$0.067 next year compared to a net loss per share of AU$0.049 last year.Major Estimate Revision • Feb 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -AU$0.05 to -AU$0.07 per share. Revenue forecast of AU$9.07m unchanged since last update. Electronic industry in Australia expected to see average net income growth of 25% next year. Consensus price target broadly unchanged at AU$8.49. Share price was steady at AU$7.70 over the past week.お知らせ • Dec 20NOVONIX Limited Announces Preliminary Results of Environmental Impact StudyNOVONIX Limited announced that the preliminary results from an assessment by an independent globally recognised sustainability and life cycle assessment consultancy shows NOVONIX Anode Material offers an approximate 60% decrease in CO emissions in a lifecycle assessment. The company has appointed Minviro Ltd. to conduct a life cycle assessment (LCA) on a grade of the Company's synthetic graphite EV and ESS battery anode product, GX-23 LCA is a robust, globally-recognised tool for quantifying the direct and embodied environmental impacts associated with a particular product or process. By taking into account all material and energy inputs, direct emissions and waste products within a given production process, LCAs provide a detailed account of the environmental footprint of a project and identify environmental `hotspots' in process flows. LCAs go beyond simple carbon accounting and can quantify acidification potential, disease incidence related to particulate emissions and water use impacts, amongst other categories. Furthermore, the approach identifies scope 1, 2 and 3 CO2 emissions (from the Greenhouse Gas Protocol) that are often overlooked in other methodologies and can contribute substantial environmental burdens to projects overall. This current study involves a complete `cradle-to-gate' assessment of a grade of synthetic graphite from NOVONIX Anode Materials division's production process, and benchmarks all results against other natural and synthetic anode grade graphite projects. It will also explore impacts associated with the use phase of synthetic graphite anodes by contextualising the product's environmental performance relative to the kWh of a final lithium-ion battery in an electric vehicle and kilometers travelled. All results will be reviewed by a third-party under ISO- compliance, ensuring all results are scientifically robust and transparent, for communication to the public. Preliminary results, that have yet to be finalized and are not yet third-party peer reviewed, show that as compared to data extracted from graphite processing facilities in Inner Mongolia andHeilongjiang Provinces, China, NOVONIX Anode Material's division's GX-23 synthetic graphite product offers an approximate 60% decrease in CO2 emissions. If final results, which will be third party peer reviewed, confirm this preliminary data, NOVONIX Anode Materials GX-23 product will show that it is 2.5x better for the environment than Chinese synthetic graphite EV and ESS battery anode material.Executive Departure • Dec 02Non-Executive Director Gregory Baynton has left the companyOn the 30th of November, Gregory Baynton's tenure as Non-Executive Director ended after 9.7 years in the role. As of September 2021, Gregory still personally held 25.29m shares (AU$168m worth at the time). Gregory is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • Aug 27Full year 2021 earnings released: AU$0.049 loss per share (vs AU$0.15 loss in FY 2020)Full year 2021 results: Net loss: AU$18.1m (loss narrowed 9.7% from FY 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Aug 11Price target increased to AU$3.62Up from AU$3.02, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of AU$3.92. Stock is up 242% over the past year.お知らせ • Aug 10Novonix Limited announced that it expects to receive $150 million in funding from Phillips 66Novonix Limited announced that it has entered into an agreement for 77,962,578 ordinary shares at a price of approximately $1.92399999907648 per share for gross proceeds of $150,000,000 on August 9, 2021. The transaction will include participation from new investor Phillips 66 for 16% stake in the company. As a result, Phillips 66 will nominate one director to the company's board of directors. The transaction is subject to approval by the company's shareholders, as well as other customary closing conditions.Recent Insider Transactions Derivative • May 27Independent Non-Executive Director exercised options to buy AU$5.6m worth of stock.On the 24th of May, Andrew Liveris exercised options to buy 3m shares at a strike price of around AU$0.66, costing a total of AU$1.6m. This transaction amounted to 38% of their direct individual holding at the time of the trade. Since June 2020, Andrew's direct individual holding has increased from 4.13m shares to 6.63m. Company insiders have collectively bought AU$3.3m more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Mar 02First half 2021 earnings released: AU$0.031 loss per share (vs AU$0.055 loss in 1H 2020)First half 2021 results: Net loss: AU$10.8m (loss widened 53% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.分析記事 • Mar 01Who Has Been Buying Novonix Limited (ASX:NVX) Shares?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...株主還元NVXAU ElectronicAU 市場7D-5.6%-2.3%1.1%1Y-49.0%95.1%7.2%株主還元を見る業界別リターン: NVX過去 1 年間で95.1 % の収益を上げたAustralian Electronic業界を下回りました。リターン対市場: NVXは、過去 1 年間で7.2 % のリターンを上げたAustralian市場を下回りました。価格変動Is NVX's price volatile compared to industry and market?NVX volatilityNVX Average Weekly Movement9.4%Electronic Industry Average Movement9.5%Market Average Movement10.6%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.5%安定した株価: NVX 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: NVXの 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2012192Mike O'Kronleywww.novonixgroup.comノボニックス・リミテッド（NOVONIX Limited）は、バッテリー技術・素材企業で、北米、アジア、オーストラリア、ヨーロッパで製品とミッションクリティカルなサービスを提供している。電池材料、電池技術、グラファイト探査の各セグメントで事業を展開。電池負極材や電池セル試験装置の開発・製造、コンサルティング・サービス、電池開発の研究開発などを行っている。また、オーストラリアのクイーンズランド州北部に位置するドロメダリー山天然黒鉛鉱床の管理、メンテナンス、開発も行っている。さらに、投資・経営、不動産借り入れ活動、電池技術活動も行っている。電池メーカー、素材メーカー、自動車OEM、家電メーカーにサービスを提供している。旧社名はGraphitecorp Limitedで、2017年7月にNOVONIX Limitedに社名変更した。NOVONIX Limitedは2012年に法人化され、オーストラリアのブリスベンを拠点としている。もっと見るNOVONIX Limited 基礎のまとめNOVONIX の収益と売上を時価総額と比較するとどうか。NVX 基礎統計学時価総額AU$219.67m収益（TTM）-AU$128.40m売上高(TTM)AU$7.78m28.2xP/Sレシオ-1.7xPER（株価収益率NVX は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計NVX 損益計算書（TTM）収益US$5.62m売上原価US$2.50m売上総利益US$3.12mその他の費用US$95.84m収益-US$92.73m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.11グロス・マージン55.49%純利益率-1,650.76%有利子負債／自己資本比率58.0%NVX の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 12:17終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋NOVONIX Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Brian DobsonChardan Capital Markets, LLCAdrian PrendergastMorgans Financial LimitedMax VickersonMorgans Financial Limited1 その他のアナリストを表示
お知らせ • Apr 30NOVONIX Limited to Report Q1, 2026 Results on Apr 29, 2026NOVONIX Limited announced that they will report Q1, 2026 results on Apr 29, 2026
Recent Insider Transactions Derivative • Mar 02Independent Chairman exercised options to buy AU$81k worth of stock.On the 27th of February, Ronald Edmonds exercised options to buy 241k shares at a strike price of around AU$0.34, costing a total of AU$81k. This transaction amounted to 138% of their direct individual holding at the time of the trade. Since March 2025, Ronald has owned 175.15k shares directly. Company insiders have collectively bought AU$25k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Feb 27Full year 2025 earnings released: US$0.14 loss per share (vs US$0.15 loss in FY 2024)Full year 2025 results: US$0.14 loss per share. Net loss: US$92.7m (loss widened 24% from FY 2024).
New Risk • Feb 27New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$102m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$102m).
お知らせ • Feb 18+ 1 more updateNOVONIX Limited, Annual General Meeting, Apr 15, 2026NOVONIX Limited, Annual General Meeting, Apr 15, 2026.
お知らせ • Oct 31Novonix Appoints Dwayne Johnson as Chief Operating OfficerNOVONIX announced the appointment of Dwayne Johnson as Chief Operating Officer. Mr. Johnson brings over 30 years of experience in manufacturing and capital project leadership, with a proven record of driving strategic growth, operational excellence, and continuous improvement across multiple industries. Prior to joining NOVONIX, Mr. Johnson served as Vice President of Strategy, Capital Projects, and Operations at EMT, the largest supplier of manufactured products to the cementitious building products industry. In this role, he led the execution of a five-year strategic growth plan that expanded operations to 10 greenfield manufacturing facilities, oversaw more than $500 million in capital investments, and doubled the company profitability. Mr. Johnson holds both B.S. and M.S. degrees in Chemical Engineering from Case Western Reserve University, where he graduated Magna Cum Laude, as well as an MBA. His extensive background in facility construction, process scale-up, and operational strategy will further advance NOVONIX's mission to build a sustainable and scalable domestic supply chain for battery materials.
お知らせ • Apr 30NOVONIX Limited to Report Q1, 2026 Results on Apr 29, 2026NOVONIX Limited announced that they will report Q1, 2026 results on Apr 29, 2026
Recent Insider Transactions Derivative • Mar 02Independent Chairman exercised options to buy AU$81k worth of stock.On the 27th of February, Ronald Edmonds exercised options to buy 241k shares at a strike price of around AU$0.34, costing a total of AU$81k. This transaction amounted to 138% of their direct individual holding at the time of the trade. Since March 2025, Ronald has owned 175.15k shares directly. Company insiders have collectively bought AU$25k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Feb 27Full year 2025 earnings released: US$0.14 loss per share (vs US$0.15 loss in FY 2024)Full year 2025 results: US$0.14 loss per share. Net loss: US$92.7m (loss widened 24% from FY 2024).
New Risk • Feb 27New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$102m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$102m).
お知らせ • Feb 18+ 1 more updateNOVONIX Limited, Annual General Meeting, Apr 15, 2026NOVONIX Limited, Annual General Meeting, Apr 15, 2026.
お知らせ • Oct 31Novonix Appoints Dwayne Johnson as Chief Operating OfficerNOVONIX announced the appointment of Dwayne Johnson as Chief Operating Officer. Mr. Johnson brings over 30 years of experience in manufacturing and capital project leadership, with a proven record of driving strategic growth, operational excellence, and continuous improvement across multiple industries. Prior to joining NOVONIX, Mr. Johnson served as Vice President of Strategy, Capital Projects, and Operations at EMT, the largest supplier of manufactured products to the cementitious building products industry. In this role, he led the execution of a five-year strategic growth plan that expanded operations to 10 greenfield manufacturing facilities, oversaw more than $500 million in capital investments, and doubled the company profitability. Mr. Johnson holds both B.S. and M.S. degrees in Chemical Engineering from Case Western Reserve University, where he graduated Magna Cum Laude, as well as an MBA. His extensive background in facility construction, process scale-up, and operational strategy will further advance NOVONIX's mission to build a sustainable and scalable domestic supply chain for battery materials.
New Risk • Oct 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (AU$209k sold).
お知らせ • Sep 26Axon Graphite Limited acquired MD South Tenements Pty Ltd from NOVONIX Limited (ASX:NVX) for AUD 2 million.Axon Graphite Limited acquired MD South Tenements Pty Ltd from NOVONIX Limited (ASX:NVX) for AUD 2 million on September 24, 2025. A cash consideration of AUD 2 million will be paid by Axon Graphite Limited. Axon Graphite Limited completed the acquisition of MD South Tenements Pty Ltd from NOVONIX Limited (ASX:NVX) on September 24, 2025.
お知らせ • Sep 10NOVONIX Limited announced that it has received $95 million in funding from Yorkville Advisors Global LPOn September 8, 2025, NOVONIX Limited closed the transaction. The company issued debentures in the principal amount of $35,500,000 at a discount of 5% for gross proceeds of $33,725,000 in its second tranche and issued debenture in the principal amount of $40,000,000 at a discount of 5% for gross proceeds of $38,000,000 in its additional tranche. The transaction has been approved by board of directors of the company.
Recent Insider Transactions • Aug 29Non-Executive Director recently sold AU$163k worth of stockOn the 27th of August, Nicholas Liveris sold around 300k shares on-market at roughly AU$0.54 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$612k more than they bought in the last 12 months.
Reported Earnings • Aug 23First half 2025 earnings released: US$0.032 loss per share (vs US$0.059 loss in 1H 2024)First half 2025 results: US$0.032 loss per share (improved from US$0.059 loss in 1H 2024). Net loss: US$20.1m (loss narrowed 30% from 1H 2024). Revenue is forecast to grow 103% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
New Risk • Aug 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$76m net loss next year).
お知らせ • Jul 24+ 1 more updateNOVONIX Limited to Report Q2, 2025 Results on Jul 24, 2025NOVONIX Limited announced that they will report Q2, 2025 results on Jul 24, 2025
お知らせ • Jun 11NOVONIX Limited Announces Board Leadership ChangesNOVONIX Limited announced the appointment of Mr. Ronald Edmonds as the new Independent Chair of its Board of Directors, effective July 1, 2025. Mr. Edmonds joined the NOVONIX Board in October 2022 and is a seasoned finance leader with extensive experience in leadership roles at Dow Chemical. On August 1, 2024, Mr. Edmonds was appointed to the interim role of Executive Officer Finance, to assist with the transition of the new Chief Financial Officer. This appointment ends on June 30, 2025. Admiral Robert Natter, the current Chair, will continue as a non-executive director and will assume the role of Deputy Chair. In addition, he will serve as a member of both the Audit and Risk Management Committee and the Nominating and Corporate Governance Committee. Mr. Tony Bellas, the current Deputy Chair, will continue as a non-executive director, serving as Chair of the Audit & Risk Management Committee, and a member of both the Remuneration Committee and the Nominating and Corporate Governance Committee. These board leadership changes reflect the Board's ongoing commitment to thoughtful succession planning and long-term stability.
New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$76m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (AU$288k sold).
お知らせ • Apr 28NOVONIX Limited Announces Chief Executive Officer ChangesNOVONIX Limited announced the appointment of Michael O’Kronley as Chief Executive Officer, effective May 19, 2025. With a strong technical foundation in engineering, Mr. O’Kronley brings over 30 years of automotive experience, including 15 years in the Lithium-ion battery and battery materials space. Most recently, Mr. O’Kronley served as Chief Executive Officer of Ascend Elements where he increased the enterprise value of the company by USD 1.6 billion in 5 years. Mr. O’Kronley succeeds Mr. Robert Long, who has served as Interim CEO since January 2025. He will now resume his role as Chief Financial Officer, continuing to play a key role in the Company’s strategic and financial leadership.
Recent Insider Transactions • Mar 15Non-Executive Director recently sold AU$222k worth of stockOn the 13th of March, Nicholas Liveris sold around 500k shares on-market at roughly AU$0.44 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$382k more than they bought in the last 12 months.
New Risk • Mar 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding).
Reported Earnings • Mar 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: US$0.15 loss per share (further deteriorated from US$0.095 loss in FY 2023). Net loss: US$74.8m (loss widened 62% from FY 2023). Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 130% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 19NOVONIX Limited, Annual General Meeting, Apr 02, 2025NOVONIX Limited, Annual General Meeting, Apr 02, 2025.
お知らせ • Jan 28NOVONIX Limited has completed a Follow-on Equity Offering in the amount of AUD 52.101623 million.NOVONIX Limited has completed a Follow-on Equity Offering in the amount of AUD 52.101623 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 74,064,647 Price\Range: AUD 0.6 Discount Per Security: AUD 0.024 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,771,392 Price\Range: AUD 0.6 Discount Per Security: AUD 0.024 Transaction Features: Subsequent Direct Listing
お知らせ • Jan 21NOVONIX Limited Announces Chief Executive Officer Changes, Effective 24 January 2025NOVONIX Limited announced the planned transition in the Chief Executive Officer (“CEO”) role, with Dr. Chris Burns stepping down as Chief Executive Officer, effective 24 January 2025. Dr. Burns will continue to support the Company in an advisory capacity, serving as Special Advisor to the Board of Directors (the “Board”), in order to provide continuity, support ongoing operations of the Company and ensure a smooth transition. Dr. Burns has led NOVONIX since September 2020 and has positioned the company for the next phase of growth as it scales up operations at its production facilities in Chattanooga, Tennessee. With significant accomplishments during 2024, NOVONIX plans to begin production from its Riverside facility this year. With Dr. Burns’ stepping down, the Board has commenced a search for a new CEO who will be based at the Company’s headquarters in Chattanooga and will have experience in manufacturing, operations and scale-up to lead the Company into the planned growth in NOVONIX’s synthetic graphite production over the coming years. The Board of Directors has appointed Mr. Robert Long, NOVONIX Chief Financial Officer, to serve as interim CEO, effective 24 January 2025, until a permanent CEO is appointed. Mr. Long will work closely with the Board to ensure a smooth transition and maintain momentum and focus on key strategic goals.
お知らせ • Dec 31NOVONIX Limited to Report Q4, 2024 Results on Jan 30, 2025NOVONIX Limited announced that they will report Q4, 2024 results After-Market on Jan 30, 2025
New Risk • Dec 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (AU$161k sold).
お知らせ • Nov 26+ 1 more updateNOVONIX Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.NOVONIX Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,333,333 Price\Range: AUD 0.6
New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$53m free cash flow). Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (AU$161k sold).
お知らせ • Oct 03NOVONIX Limited to Report Q3, 2024 Results on Oct 30, 2024NOVONIX Limited announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 26We Think NOVONIX (ASX:NVX) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Recent Insider Transactions • Sep 20Director recently sold AU$93k worth of stockOn the 16th of September, Nicholas Liveris sold around 162k shares on-market at roughly AU$0.58 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Aug 23First half 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2024 results: US$0.059 loss per share (further deteriorated from US$0.058 loss in 1H 2023). Net loss: US$28.7m (loss widened 2.2% from 1H 2023). Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates by 1.2%. Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 01+ 1 more updateNOVONIX Limited Announces Board ChangesNOVONIX Limited announced that CFO Nick Liveris will transition to the Company's Board of Directors upon the appointment of a new CFO. Mr. Liveris will be appointed to the Board of Directors effective September 1, 2024. To ensure a smooth transition of the CFO role to Mr. Long, Ron Edmonds, a seasoned finance leader and NOVONIX board member, will take on the interim role of Executive Officer Finance effective August 1, 2024. Mr. Edmonds' extensive experience in leadership roles at Dow Chemical, including as Chief Accounting Officer, will significantly contribute to NOVONIX's continued growth.
分析記事 • Jun 01Health Check: How Prudently Does NOVONIX (ASX:NVX) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • May 24+ 1 more updateNOVONIX Limited Announces Resignation of Nick Liveris as Chief Financial OfficerNOVONIX Limited announced that Chief Financial Officer ("CFO"), Nick Liveris, will retire from his executive role and transition to a non-executive role on NOVONIX’s Board of Directors, effective on the appointment of a new CFO. The Company has begun the process of recruiting a new CFO who will work closely with Mr. Liveris to ensure a successful transition of the role. Mr. Liveris has decided to retire from the executive role at NOVONIX to work full time with the Liveris Family Office, through which he will continue to support NOVONIX. The Company recognizes the significant contributions made by Mr. Liveris over the past seven years of service to the business to build the strong position of the Company as a North American leader in the battery materials and its supporting technology. Mr. Liveris becoming a Non-Executive Director will allow NOVONIX to retain his experience and knowledge of the Company to support its continued growth.
Price Target Changed • May 09Price target decreased by 9.1% to AU$1.00Down from AU$1.10, the current price target is provided by 1 analyst. New target price is 19% above last closing price of AU$0.84. Stock is down 20% over the past year. The company posted a net loss per share of US$0.095 last year.
分析記事 • Apr 10Shareholders Will Probably Hold Off On Increasing NOVONIX Limited's (ASX:NVX) CEO Compensation For The Time BeingKey Insights NOVONIX will host its Annual General Meeting on 16th of April CEO Chris Burns' total compensation includes...
New Risk • Apr 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$55m free cash flow). Earnings have declined by 35% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
お知らせ • Apr 03Axon Graphite Limited signed a definitive agreement to acquire Md South Tenements Pty. Ltd. from NOVONIX Limited (ASX:NVX) for approximately AUD 10 million on April 3, 2024.Axon Graphite Limited signed a definitive agreement to acquire Md South Tenements Pty. Ltd. (MDSTPL) from NOVONIX Limited (ASX:NVX) for approximately AUD 10 million on April 3, 2024. As consideration, Axon Graphite issuing 50 million fully paid ordinary shares issued at AUD 0.20 per share to the Seller. The transaction consists of sale of 100 shares in the capital of MDSTPL by NOVONIX to Lithium Energy, comprising 100% of the issued capital of MDSTPL. The acquisition includes 100% interest in the tenements comprising the Mt Dromedary Graphite Project: EPM 17246, EPM 17323 and EPM 26025 (Sub-Blocks D, J, O and S within Normanton 3123 Block) (Mt Dromedary Mining Interests). The transaction is subject to the completion of the parties' due diligence enquiries, regulatory approval, completion of the proposed initial public offering (“IPO”) of Axon, receipt of approval for the admission of Axon to the ASX and all liabilities of Md South Tenements Pty. owed to the Seller being released, forgiven or discharged. Upon completion, Lithium Energy and NOVONIX Limited to merge their adjoining Queensland Graphite Assets into spin-out company namely-Axon Graphite Limited. The transaction is expected to be closed six months from the date of the agreement and one business day after the last of the parties have given their notice of compliance with all of their obligations under the Conditions Precedent, to the other parties.
お知らせ • Mar 07NOVONIX Limited, Annual General Meeting, Apr 17, 2024NOVONIX Limited, Annual General Meeting, Apr 17, 2024, at 09:00 E. Australia Standard Time. Location: Allens, Level 26, 480 Queen Street Brisbane QLD BRISBANE Australia Agenda: To consider Financial Statements and Reports; to consider Remuneration Report (Non-Binding); to consider : Election of Director Mr Suresh Vaidyanathan; to consider Election of Director Ms Sharan Burrow AC; to consider Issue of FY23 Share Rights to Mr Ron Edmonds; to consider Issue of FY24 Share Rights to Admiral Robert Natter; to consider Issue of FY24 Share Rights to Mr Anthony Bellas; to consider Issue of FY24 Share Rights to Phillips 66 Company; to consider Issue of FY24 Share Rights to Ms Jean Oelwang; to consider Issue of FY24 Share Rights to Mr Ron Edmonds; to consider Issue of FY24 Share Rights to Ms Sharan Burrow AC; to consider Issue of FY24 Performance Rights to Mr Nick Liveris; to consider Contingent Business.
分析記事 • Mar 01Is NOVONIX (ASX:NVX) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Feb 29Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: US$0.095 loss per share (improved from US$0.12 loss in FY 2022). Net loss: US$46.2m (loss narrowed 17% from FY 2022). Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 94% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 30% per year.
お知らせ • Feb 05NOVONIX Limited Appoints Sharan Burrow AC to Its Board of Directors, Effective 28 February, 2024NOVONIX Limited announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024. Sharan Burrow is a global advocate for human rights, climate action, and Just Transition. She is the former General Secretary of the International Trade Union Confederation (2010-2022). Previously she was President of the Australian Council of Trade Unions (20002010). Ms. Burrow is well known for her international advocacy on employment, human rights, industrial relations, corporate responsibility, and climate action with just transition solutions. She has represented workers and civil society groups in global policy discussions in United Nations bodies, on the Governing Body of the International Labour Organisation as well as at the tables of the G7, G20, World Bank, and International Monetary Fund. She has twice been a Co-Chair of the World Economic Forum's Annual Meeting in Davos. Ms. Burrow is currently a Visiting Professor in Practice at the London School of Economics- Grantham Institute, a Vice Chair of the European Climate Foundation, a board member of the Green Hydrogen Association, Co-Chair of the IEA Labour Council, a Commissioner for the Global Commission on Climate Governance, a B Team Leader and formerly Co-chair of 100% Human at Work. Sharan has also been appointed to the Temasek Sustainability Advisory Panel.
お知らせ • Jan 25NOVONIX Limited to Report Q4, 2023 Results on Jan 30, 2024NOVONIX Limited announced that they will report Q4, 2023 results on Jan 30, 2024
お知らせ • Dec 20Daniel Akerson Resigns from NOVONIX Limited Board of DirectorsNOVONIX Limited announced that Daniel Akerson has resigned from the Company's Board of Directors effective December 20, 2023. Mr. Akerson cited personal reasons for his departure from the Company's board. Mr. Akerson has been a strong contributor to NOVONIX's Board of Directors since 2022, bringing valuable expertise and strategic insights to the organization. During his tenure, he has played a key role in guiding the Company through scaling of its anode materials operation, progressing customer agreements, and has been instrumental in shaping the Company's strategic direction.
New Risk • Nov 03New major risk - Revenue and earnings growthEarnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$88m free cash flow). Earnings have declined by 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).
お知らせ • Oct 26NOVONIX Limited to Report Q3, 2023 Results on Oct 26, 2023NOVONIX Limited announced that they will report Q3, 2023 results at 5:30 PM, Eastern Daylight on Oct 26, 2023
New Risk • Oct 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$88m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change).
分析記事 • Oct 05Is NOVONIX (ASX:NVX) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Recent Insider Transactions • Sep 19Non-Executive Chairman recently bought AU$296k worth of stockOn the 15th of September, Robert Natter bought around 380k shares on-market at roughly AU$0.78 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Robert has been a net seller over the last 12 months, reducing personal holdings by AU$60k.
お知らせ • Sep 15Novonix Limited Provide an Update on Production from Its Proprietary, Continuous Induction Generation 3 FurnacesNovonix Limited provided an update on production from its proprietary, continuous induction Generation 3 Furnaces at its Riverside, Tennessee facility. The Company previously reported its high-performance battery grade synthetic graphite met specification targets from its Furnaces. Production campaigns have been ongoing to provide both operating data and economic insight on this breakthrough technology. In the most recent campaign, material was produced that met all specifications while also reaching the equipment design throughput targets. The Company will continue with production campaigns to collect more operational data and provide mass-production material for sampling to potential customers. The achievement of these milestones highlights the potential of the Company’s continuous induction Furnace technology in meeting production targets at competitive cost while reaching company's high-energy efficiency target with a near zero-emission process. The Company is updating the engineering for both the process equipment and Riverside facility with an increased production target of up to 20,000 tonnes per annum (tpa), compared to the initial target of 10,000 tpa. This updated throughput will support KORE Power and other prospective customers with whom the Company is in discussions about product qualification, production timelines and potential supply agreements. The Company expects engineering work to confirm this full facility re-design to be completed in the first quarter of 2024 which will support the continued deployment of additional mass production equipment for the start of commercial production for KORE Power in late 2024.
お知らせ • Sep 14Novonix Limited Announces the Cessation of Zhanna Golodryga as DirectorNovonix Limited announced the cessation of Zhanna Golodryga as Director, effective September 7, 2023.
お知らせ • Sep 07Novonix Limited Announces Board ChangesNOVONIX Limited announced the appointment of Suresh Vaidyanathan, Vice President, Emerging Energy for Phillips 66 to its Board of Directors, effective September 6th. Mr. Vaidyanathan replaces outgoing Board member Zhanna Golodryga, Executive Vice President of Emerging Energy of Phillips 66. Pursuant to Phillips 66’s 2021 investment in the Company, Phillips 66 maintains the right to nominate a member to the Board of NOVONIX. Suresh Vaidyanathan is Vice President, Emerging Energy, for Phillips 66. A chemical engineer by training, Mr. Vaidyanathan has more than 30 years of global experience in the downstream oil and gas industry. Prior to assuming his current role in 2023, he served in a variety of refining, technical services, operations and strategy leadership roles across Phillips 66. He started his career at HPCL of India in 1991 (formerly Exxon-Caltex Refining), and later worked in the Fractionation industry with Koch Industries and Sulzer Chemtech in India, Europe and the U.S. Mr. Vaidyanathan holds a master’s degree in chemical engineering from the Indian Institute of Technology (IIT), and an MBA from Southern Methodist University.
Recent Insider Transactions Derivative • Sep 01Non-Executive Chairman exercised options to buy AU$534k worth of stock.On the 29th of August, Robert Natter exercised options to buy 577k shares at a strike price of around AU$0.75, costing a total of AU$431k. This transaction amounted to 33% of their direct individual holding at the time of the trade. Since December 2022, Robert's direct individual holding has decreased from 2.13m shares to 1.76m. Company insiders have collectively bought AU$364k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Aug 29First half 2023 earnings released: US$0.058 loss per share (vs US$0.064 loss in 1H 2022)First half 2023 results: US$0.058 loss per share (improved from US$0.064 loss in 1H 2022). Net loss: US$28.1m (loss narrowed 9.5% from 1H 2022). Revenue is forecast to grow 57% p.a. on average during the next 4 years, compared to a 17% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 22Novonix Limited's Battery Technology Solutions Division Commissions Zero-Waste Cathode Pilot LineNovonix Limited announced its Battery Technology Solutions division successfully completed the commissioning of its 10 tonnes per annum (TPA) cathode pilot line. The cathode pilot line’s first product, a mid-nickel grade of single-crystal cathode material (“NMC622"), produced using NOVONIX’s patent-pending, all-dry, zero-waste synthesis technology, matches the performance of leading cathode materials from existing suppliers in full-cell testing. NOVONIX will use the pilot line to further demonstrate the manufacturability of the Company’s long-life cathode materials and technology, including high-nickel (NMC811) and cobalt-free materials, along with their performance in industrial format lithium-ion cells. The NMC622 cathode material serves as a platform to expand upon the all-dry process into high-nickel and cobalt-free chemistries, demonstrating the flexibility of the NOVONIX technology across a range of critical cathode materials. The Company previously shared performance data from their all-dry, mid-nickel cathode powder that was built into 1-Ah pouch battery cells, by leveraging their cell prototyping line, and benchmarked against commercial cathode powders of the same chemistry. The data, seen in the figure below, showed that cells containing NOVONIX all-dry, zero-waste cathode powder had similar capacity retention out to 400+ cycles as high-quality, commercial, mid-nickel, single-crystal cathode powders without any ‘finishing’ or surface treatments. Early physical property measurements of mid-nickel cathode powders produced on the 10 tpa pilot line indicate similar, if not superior, expected electrochemical performance from the scaled material. The positive performance results around NMC622 mark a critical step in enabling the Company to proceed with plans to scale larger test samples and begin commercial discussions with potential partners and customers for its cathode technology.
Recent Insider Transactions • Jul 07Non-Executive Chairman recently sold AU$356k worth of stockOn the 30th of June, Robert Natter sold around 373k shares on-market at roughly AU$0.95 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
お知らせ • Jun 08Novonix Limited announced that it expects to receive AUD 45.05 million in funding from LG Energy Solution, Ltd.Novonix Limited entered into Unsecured Convertible Note Agreement for the private placement of redeemable unsecured convertible notes for gross proceeds of $30 million (AUD 45.05 million) on June 7, 2023. The transaction will include participation from new investor, LG Energy Solution, Ltd. The notes will have 4% coupon rate and a maturity date of June 7, 2028. The convertible notes will mandatorily convert into ordinary shares upon acceptance of the first purchase order under the purchase agreement, although the investor may elect to convert some or all of the notes prior to such time. No interest would be payable on the notes in these circumstances. The convertible notes may be redeemed or converted on the maturity date, in which case interest is payable in cash or “in-kind” (in the case of conversion). The convertible notes will be issued with a conversion price of AUD 1.60 per common share.
分析記事 • May 25Is Novonix (ASX:NVX) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Breakeven Date Change • Apr 04Forecast to breakeven in 2024The analyst covering Novonix expects the company to break even for the first time. New forecast suggests the company will make a profit of US$41.8m in 2024. Average annual earnings growth of 16% is required to achieve expected profit on schedule.
Reported Earnings • Mar 01First half 2023 earnings released: US$0.057 loss per share (vs US$0.047 loss in 1H 2022)First half 2023 results: US$0.057 loss per share (further deteriorated from US$0.047 loss in 1H 2022). Net loss: US$27.9m (loss widened 33% from 1H 2022). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 16Price target increased to AU$3.11Up from AU$2.11, the current price target is provided by 1 analyst. New target price is 18% above last closing price of AU$2.64. Stock is down 73% over the past year. The company is forecast to post a net loss per share of AU$0.13 next year compared to a net loss per share of AU$0.15 last year.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Charles St Baker was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Board Change • Oct 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Charles St Baker was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Oct 26Novonix Limited Announces Board AppointmentsNovonix Limited announced the appointment of Daniel Akerson and Ron Edmonds to its Board of Directors, effective October 27, 2022. Mr. Akerson has served as an executive and director for multiple Fortune 100 companies, including as the former Chairman and Chief Executive Officer of General Motors from 2010 to 2014. In 2002, he joined The Carlyle Group as a Global Partner and Co-Head of U.S. Buyout, and then became head of the firm'sGlobal Buyout operations. In addition to his executive positions, Mr. Akerson currently serves as lead director on the Lockheed Martin Board of Directors and was previously Chairman of the United States Naval Academy Foundation. Mr. Edmonds is a highly accomplished finance executive, currently serving as Chief Accounting Officer at Dow. Prior to Dow, he served in finance and accounting roles at Chiquita Brands International, The Upjohn Company, andArthur Andersen & Company.
Breakeven Date Change • Oct 22Forecast to breakeven in 2024The analyst covering Novonix expects the company to break even for the first time. New forecast suggests losses will reduce by 8.0% to 2023. The company is expected to make a profit of AU$65.6m in 2024. Average annual earnings growth of 43% is required to achieve expected profit on schedule.
Price Target Changed • Oct 22Price target increased to AU$3.11Up from AU$2.11, the current price target is provided by 1 analyst. New target price is 41% above last closing price of AU$2.21. Stock is down 64% over the past year. The company is forecast to post a net loss per share of AU$0.12 next year compared to a net loss per share of AU$0.15 last year.
Major Estimate Revision • Sep 07Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from AU$21.1m to AU$24.6m. EPS estimate fell from -AU$0.07 to -AU$0.12 per share. Electronic industry in Australia expected to see average net income growth of 23% next year. Consensus price target down from AU$2.98 to AU$2.11. Share price fell 15% to AU$2.06 over the past week.
分析記事 • Sep 04Is Novonix (ASX:NVX) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Sep 02Novonix Limited, Annual General Meeting, Oct 26, 2022Novonix Limited, Annual General Meeting, Oct 26, 2022. Agenda: To consider the grant and issue of the performance rights.
Reported Earnings • Sep 01Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: AU$0.15 loss per share (down from AU$0.049 loss in FY 2021). Net loss: AU$71.4m (loss widened 295% from FY 2021). Revenue exceeded analyst estimates by 52%. Earnings per share (EPS) missed analyst estimates by 285%. Over the next year, revenue is forecast to grow 193%, compared to a 37% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions Derivative • Jul 10Independent Non-Executive Director exercised options to buy AU$162k worth of stock.On the 7th of July, Robert Cooper exercised options to buy 66k shares at a strike price of around AU$2.44, costing a total of AU$161k. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since September 2021, Robert has owned 586.61k shares directly. Company insiders have collectively sold AU$11m more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Jul 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from AU$8.89m to AU$7.53m. EPS estimate unchanged from -AU$0.07 per share at last update. Electronic industry in Australia expected to see average net income growth of 22% next year. Consensus price target down from AU$5.44 to AU$4.49. Share price rose 10% to AU$2.46 over the past week.
Breakeven Date Change • Jul 08No longer forecast to breakevenThe analyst covering Novonix no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$10.0m in 2024. New forecast suggests the company will make a loss of AU$34.5m in 2024.
分析記事 • Jun 02Is Novonix (ASX:NVX) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • May 28Novonix Limited Announces Board ChangesNovonix Limited announced that Mr. Trevor St Baker AO has retired from the Board of the Company, effective immediately. Mr. St Baker advised that he has excessive company Board representations on behalf of the St Baker Energy Innovation Fund (SBEIF). Mr. Chris Hay’s appointment as an Alternate Director for Mr. St Baker since June 2021, ends with Mr. St Baker’s retirement.
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -AU$0.10 to -AU$0.07 per share. Revenue forecast unchanged from AU$9.43m at last update. Electronic industry in Australia expected to see average net income growth of 23% next year. Consensus price target up from AU$7.44 to AU$22.44. Share price fell 13% to AU$5.23 over the past week.
お知らせ • Mar 03NOVONIX Limited Announces Appointment of Jean Oelwang to Board of DirectorsNOVONIX Limited announced the appointment of Jean Oelwang, President and Founding CEO of Virgin Unite, the entrepreneurial foundation of the worldwide Virgin Group, to its Board of Directors. Over the last 17 years, Ms. Oelwang has worked with partners to lead the incubation and start-up of several global initiatives, including: The Elders, The B Team, The Carbon War Room (successfully merged with the RMI), The Africa Donor Collective, Ocean Unite (now ORRAA), The Caribbean Climate Smart Accelerator, 100% Human at Work, The Virgin Unite Constellation, and The Branson Centers of Entrepreneurship. She also played a key partner role in the incubation of many other initiatives such as The Audacious Project. Prior to that, Jean helped start up mobile phone companies in seven countries.
Price Target Changed • Feb 28Price target decreased to AU$7.44Down from AU$8.49, the current price target is an average from 2 analysts. New target price is 48% above last closing price of AU$5.03. Stock is up 79% over the past year. The company is forecast to post a net loss per share of AU$0.06 next year compared to a net loss per share of AU$0.049 last year.
Reported Earnings • Feb 28First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: AU$0.065 loss per share (down from AU$0.031 loss in 1H 2021). Net loss: AU$28.8m (loss widened 168% from 1H 2021). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 340%, compared to a 116% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 133% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Feb 26Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$9.07m to AU$9.43m. Forecast EPS reduced from -AU$0.07 to -AU$0.08 per share. Electronic industry in Australia expected to see average net income growth of 23% next year. Consensus price target down from AU$6.97 to AU$4.88. Share price fell 9.4% to AU$5.08 over the past week.
Price Target Changed • Feb 11Price target decreased to AU$6.97Down from AU$8.66, the current price target is an average from 2 analysts. New target price is 7.1% above last closing price of AU$6.51. Stock is up 139% over the past year. The company is forecast to post a net loss per share of AU$0.067 next year compared to a net loss per share of AU$0.049 last year.
Major Estimate Revision • Feb 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -AU$0.05 to -AU$0.07 per share. Revenue forecast of AU$9.07m unchanged since last update. Electronic industry in Australia expected to see average net income growth of 25% next year. Consensus price target broadly unchanged at AU$8.49. Share price was steady at AU$7.70 over the past week.
お知らせ • Dec 20NOVONIX Limited Announces Preliminary Results of Environmental Impact StudyNOVONIX Limited announced that the preliminary results from an assessment by an independent globally recognised sustainability and life cycle assessment consultancy shows NOVONIX Anode Material offers an approximate 60% decrease in CO emissions in a lifecycle assessment. The company has appointed Minviro Ltd. to conduct a life cycle assessment (LCA) on a grade of the Company's synthetic graphite EV and ESS battery anode product, GX-23 LCA is a robust, globally-recognised tool for quantifying the direct and embodied environmental impacts associated with a particular product or process. By taking into account all material and energy inputs, direct emissions and waste products within a given production process, LCAs provide a detailed account of the environmental footprint of a project and identify environmental `hotspots' in process flows. LCAs go beyond simple carbon accounting and can quantify acidification potential, disease incidence related to particulate emissions and water use impacts, amongst other categories. Furthermore, the approach identifies scope 1, 2 and 3 CO2 emissions (from the Greenhouse Gas Protocol) that are often overlooked in other methodologies and can contribute substantial environmental burdens to projects overall. This current study involves a complete `cradle-to-gate' assessment of a grade of synthetic graphite from NOVONIX Anode Materials division's production process, and benchmarks all results against other natural and synthetic anode grade graphite projects. It will also explore impacts associated with the use phase of synthetic graphite anodes by contextualising the product's environmental performance relative to the kWh of a final lithium-ion battery in an electric vehicle and kilometers travelled. All results will be reviewed by a third-party under ISO- compliance, ensuring all results are scientifically robust and transparent, for communication to the public. Preliminary results, that have yet to be finalized and are not yet third-party peer reviewed, show that as compared to data extracted from graphite processing facilities in Inner Mongolia andHeilongjiang Provinces, China, NOVONIX Anode Material's division's GX-23 synthetic graphite product offers an approximate 60% decrease in CO2 emissions. If final results, which will be third party peer reviewed, confirm this preliminary data, NOVONIX Anode Materials GX-23 product will show that it is 2.5x better for the environment than Chinese synthetic graphite EV and ESS battery anode material.
Executive Departure • Dec 02Non-Executive Director Gregory Baynton has left the companyOn the 30th of November, Gregory Baynton's tenure as Non-Executive Director ended after 9.7 years in the role. As of September 2021, Gregory still personally held 25.29m shares (AU$168m worth at the time). Gregory is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • Aug 27Full year 2021 earnings released: AU$0.049 loss per share (vs AU$0.15 loss in FY 2020)Full year 2021 results: Net loss: AU$18.1m (loss narrowed 9.7% from FY 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Aug 11Price target increased to AU$3.62Up from AU$3.02, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of AU$3.92. Stock is up 242% over the past year.
お知らせ • Aug 10Novonix Limited announced that it expects to receive $150 million in funding from Phillips 66Novonix Limited announced that it has entered into an agreement for 77,962,578 ordinary shares at a price of approximately $1.92399999907648 per share for gross proceeds of $150,000,000 on August 9, 2021. The transaction will include participation from new investor Phillips 66 for 16% stake in the company. As a result, Phillips 66 will nominate one director to the company's board of directors. The transaction is subject to approval by the company's shareholders, as well as other customary closing conditions.
Recent Insider Transactions Derivative • May 27Independent Non-Executive Director exercised options to buy AU$5.6m worth of stock.On the 24th of May, Andrew Liveris exercised options to buy 3m shares at a strike price of around AU$0.66, costing a total of AU$1.6m. This transaction amounted to 38% of their direct individual holding at the time of the trade. Since June 2020, Andrew's direct individual holding has increased from 4.13m shares to 6.63m. Company insiders have collectively bought AU$3.3m more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Mar 02First half 2021 earnings released: AU$0.031 loss per share (vs AU$0.055 loss in 1H 2020)First half 2021 results: Net loss: AU$10.8m (loss widened 53% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
分析記事 • Mar 01Who Has Been Buying Novonix Limited (ASX:NVX) Shares?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
