Novonix Limited (NVX) Stock

About Novonix Limited

Novonix Limited (NVX) is a Brisbane, Australia-headquartered firm, established in 2012 (and known as Graphitecorp Limited until its rebranding in July 2017). The company is a key provider of battery materials, specialized equipment, and ancillary services to the North American lithium-ion battery industry. Its operations are segmented into three primary areas: Graphite Exploration and Mining: This division focuses on identifying and assessing graphite deposits within Australia. Battery Technology: Responsible for creating sophisticated battery cell testing apparatus, manufacturing batteries, and offering expert consulting services. Battery Materials: Dedicated to the research, development, and production of crucial battery anode materials. Beyond these core business units, Novonix also engages in investment opportunities and comprehensive battery testing. The company has also secured significant strategic alliances, including a collaboration with Harper International Corporation to innovate specialized furnace technology aimed at refining its synthetic graphite production. Furthermore, Novonix partners with Emera Technologies to co-develop and manufacture energy storage systems tailored for community microgrids.

Novonix Limited is headquartered in AU.

Novonix Limited (NVX) stock trades at $0.44 with a market capitalization of $65.26M. The stock is valued at a negative price-to-earnings (P/E) ratio of -0.74, reflecting a net loss over the last twelve months, price-to-book of 0.47, price-to-sales of 15.32. Over the past 52 weeks the stock has ranged between $0.42 and $3.86, and currently trades 88.6% below its 52-week high.

On profitability, Novonix Limited generates a return on equity (ROE) of -63.74% (negative, reflecting a net loss), return on capital employed of -25.20%, an operating margin of -872.81%, a net profit margin of -1550.00%.

Official website: www.novonixgroup.com

Novonix Limited by the numbers, 2016–2025

Between 2016 and 2025 Novonix Limited reported revenue of $0 rising to $6.0M. Compounded, revenue has grown 3.7% a year over five years, 14.5% over three, 0.0% over the last twelve months. Net profit fell to $-93.0M.

Operating margin went from -6752.4% in 2016 to -929.6% in 2025, a gain of 5822.7 percentage points. The most recent net margin is -1550.00%. On a trailing twelve-month basis to Dec '25, revenue is $12.0M and net profit $-168.0M.

Borrowings rose from $12.0M to $99.0M, cash on hand is $84.1M, cash from operations was $-42.0M in the latest year, positive in 0 of the last 10.

Return on equity has averaged -37.0% over five years, and was -59.2% in the most recent year.

The share price itself has compounded at —% a year over five years, -46.6% over three, -65.3% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Novonix Limited (NVX) — frequently asked questions