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Companies $NVX
$2.46 +$0.22 (9.82%) Close
NOVONIX Ltd logo

NOVONIX Ltd

novonixgroup.com

What Do They Do?

Develops synthetic graphite anode materials and cathode technology, and sells battery-testing equipment and consulting services to battery makers, automakers and electronics companies, and research institutions.

Who Are Their Customers?

Automotive and electronics manufacturers, battery developers and manufacturers, and research institutions buy testing equipment and consulting through direct contact or specialist distributors; battery-material customers are approached directly by company leaders.

Customers above 10% of revenue, FY2025
of revenue from three customers (11%, 11%, 8%)
FY2024: 25% from two customers

Do Revenues Turn Into Profits?

No. It lost $92.7M in .

Net income,
−1651% of revenue
▲ +24% (Loss) vs (−$74.8M, −1278%)

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