NOVONIX（NVNX.F）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NVNX.F 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。 US市場と比較して、過去 3 か月間の株価の変動が非常に大きい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NVNX.F Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$0.173.6k% 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$744.5kAdvancedSet Fair ValueView all narrativesNOVONIX Limited 競合他社Coda Octopus GroupSymbol: NasdaqCM:CODAMarket cap: US$134.4mSmartRentSymbol: NYSE:SMRTMarket cap: US$224.9mGeorge Risk IndustriesSymbol: OTCPK:RSKI.AMarket cap: US$89.3mZRCNSymbol: OTCPK:ZRCNMarket cap: US$72.3m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$0.1752週高値AU$0.8752週安値AU$0.14ベータ0.911ヶ月の変化-25.34%3ヶ月変化-23.34%1年変化-41.79%3年間の変化-74.84%5年間の変化-88.24%IPOからの変化-65.66%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, 2026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 • 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.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, 2026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 • 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.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.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.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.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.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.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.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.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.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.New Risk • Jun 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% 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 Risk Less than 1 year of cash runway based on free cash flow trend (-US$87m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$61m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change).株主還元NVNX.FUS ElectronicUS 市場7D-6.9%2.5%2.1%1Y-41.8%97.9%30.6%株主還元を見る業界別リターン: NVNX.F過去 1 年間で97.9 % の収益を上げたUS Electronic業界を下回りました。リターン対市場: NVNX.Fは、過去 1 年間で30.6 % のリターンを上げたUS市場を下回りました。価格変動Is NVNX.F's price volatile compared to industry and market?NVNX.F volatilityNVNX.F Average Weekly Movement18.4%Electronic Industry Average Movement8.8%Market Average Movement7.2%10% most volatile stocks in US Market16.1%10% least volatile stocks in US Market3.2%安定した株価: NVNX.Fの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: NVNX.Fの weekly volatility ( 18% ) は過去 1 年間安定していますが、依然としてUSの株式の 75% よりも高くなっています。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マウント・ドロメダリー・グラファイト・プロジェクトの権益を保有している。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、自動車相手先商標製品メーカー（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。NVNX.F 基礎統計学時価総額US$158.62m収益（TTM）-US$92.73m売上高(TTM)US$5.62m28.2xP/Sレシオ-1.7xPER（株価収益率NVNX.F 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NVNX.F 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%NVNX.F 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2026/05/07 22:31終値2026/05/07 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
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 • 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.
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 • 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
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 • 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.
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.
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.
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
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
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
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.
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.
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.
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.
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
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.
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.
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.
New Risk • Jun 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% 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 Risk Less than 1 year of cash runway based on free cash flow trend (-US$87m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$61m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change).
