Novonix Limited (NVX) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	8.7M	5.6M	5.9M	8.1M	3.7M
Cost of Revenue	46.8M	30.0M	1.8M	2.8M	24.3M
Gross Profit	(38.1M)	(24.4M)	4.1M	5.2M	2.8M
Operating Expenses
R&D Expense	12.2M	5.7M	4.8M	5.8M	2.8M
SG&A Expense	60.7M	45.1M	49.1M	44.8M	15.7M
General & Admin Expense	17.7M	45.1M	49.1M	30.5M	21.8M
Selling & Marketing Expense	13.8M	—	—	14.3M	(6.1M)
Other Expenses	(13.1M)	(22.9M)	1.7M	2.9M	—
Total Operating Expenses	59.8M	27.9M	55.6M	53.5M	18.5M
Cost and Expenses	106.7M	57.9M	57.4M	56.3M	43.4M
Operating Income (EBIT)	(97.9M)	(52.3M)	(51.5M)	(48.2M)	(39.6M)
Non-Operating
Interest Income	1.5M	1.1M	1.4M	1.6M	26.9K
Interest Expense	16.8M	12.0M	3.6M	2.9M	1.3M
Net Interest Income	(15.2M)	(10.9M)	(2.2M)	(1.3M)	(1.3M)
Other Non-Op Income/Expense	(64.4M)	(41.4M)	(23.2M)	1.8M	1.0M
Non-Operating Income (excl Interest)	50.0M	29.4M	19.7M	—	—
EBT (Pre-Tax Income)	(162.3M)	(93.7M)	(74.7M)	(46.4M)	(38.6M)
Income Tax Expense	122.9K	(867.8K)	97.7K	(199.9K)	—
Bottom Line
Net Income	(163.6M)	(92.8M)	(74.8M)	(46.2M)	(38.6M)
Earnings from Cont. Ops	(162.4M)	(92.8M)	(74.8M)	(46.2M)	(38.6M)
Earnings from Discont. Ops	(1.2M)	—	—	—	—
Bottom Line Net Income	(163.6M)	(92.8M)	(74.8M)	(69.7M)	(38.6M)
Per Share
Basic EPS	($10.50)	($5.20)	($6.00)	($5.60)	($3.20)
Diluted EPS	($10.50)	($5.20)	($6.00)	($5.60)	($3.20)
Revenue Per Share	$0.40	$0.33	$0.47	$0.66	$0.31
Shares
Basic Shares Outstanding	21.6M	17.0M	12.4M	12.2M	12.2M
Diluted Shares Outstanding	21.6M	17.0M	12.4M	12.2M	12.2M
Profitability Metrics
EBITDA	(138.6M)	(77.1M)	(66.6M)	(38.9M)	(36.1M)
D&A	9.4M	4.6M	4.6M	4.7M	3.6M
EBIT	(148.0M)	(81.7M)	(71.2M)	(49.4M)	(39.6M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026