Overview
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- TickerNVX on Nasdaq1
- IndustryMiscellaneous Electrical Machinery, Equipment & Supplies1
- HeadquartersBrisbane, Australia1
- Websitewww.novonixgroup.com
- Legal formpublic company limited by shares1
- Incorporated inAustralia6
- Business addressLevel 38, 71 Eagle Street, Brisbane6
- Filer categoryAccelerated filer, Emerging growth company6
- LEI222100J5P8E39WB5ER623
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered addressCENTRAL PLAZA TWO. LEVEL 11, 4000 Brisbane, Australia3
- Registered withThe Australian Securities and Investment Commission, 157 690 8303
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We were incorporated under the laws of Australia in 2012 under the name Graphitecorp Pty Limited. In 2015, we completed an initial public offering of our ordinary shares and the listing of our ordinary shares on the Australian Securities Exchange, or the ASX, and changed our name to GRAPHITECORP Limited. In 2017, we changed our name to NOVONIX Limited.7 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Research and development71¢$5.8M
- Other costs26¢$2.1M
- Income tax2¢$199.9K
Out of $8.1M in revenue.85 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $5.6M | $5.9M | $8.1M |
| Product manufacturing and operating costs | -$2.5M | -$1.8M | -$2.8M |
| Administrative and other expenses | -$22.2M | -$19.9M | -$18.9M |
| Depreciation and amortization expenses | -$4.6M | -$4.6M | -$4.7M |
| Loss on equity investment securities at fair value through profit or loss | -$15.3M | ||
| Research and development costs | -$5.7M | -$4.8M | -$5.8M |
| Share based compensation | $1.1M | -$5.5M | -$5.6M |
| Employee benefits expense | -$24.0M | -$23.6M | -$20.3M |
| Borrowing costs | -$11.9M | -$3.6M | -$2.9M |
| Foreign currency (loss) gain | $1.8M | -$1.2M | $1.4M |
| Loss on extinguishment of convertible notes | -$32.9M | ||
| Impairment of property, plant and equipment | -$7.3M | ||
| (Loss)/gain on fair value of derivative financial instruments | $5.1M | -$4.5M | $1.5M |
| Other income, net | $4.8M | $4.3M | $3.6M |
| Loss before income tax (expense) benefit | -$92.7M | -$74.7M | -$46.4M |
| Income tax (expense) benefit | -$25.5K | -$97.7K | $199.9K |
| Net loss | -$92.7M | -$74.8M | -$46.2M |
| Foreign currency translation of foreign operations | $771.4K | -$3.8M | -$1.5M |
| Total comprehensive loss | -$92.0M | -$78.6M | -$47.7M |
| Net loss per share attributable to the ordinary equity holders - basic | -$0.14 | -$0.15 | -$0.09 |
| Net loss per share attributable to the ordinary equity holders - diluted | -$0.14 | -$0.15 | -$0.09 |
| Weighted average shares outstanding - basic | 681.7M shares | 496.9M shares | 487.5M shares |
| Weighted average shares outstanding - diluted | 681.7M shares | 496.9M shares | 487.5M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $79.9M | $42.6M | $78.7M | $99.0M |
| Trade and other receivables | $2.1M | $8.2M | ||
| Inventory | $2.2M | $1.4M | ||
| Prepayments | $710.8K | $1.7M | ||
| Escrow reserves | $4.3M | $1.5M | ||
| Assets classified as held for sale | $2.0M | $2.2M | ||
| Total current assets | $89.2M | $57.3M | ||
| Property, plant and equipment | $174.9M | $149.3M | ||
| Right-of-use assets | $5.7M | $6.4M | ||
| Intangible assets and goodwill | $12.0M | $12.0M | $12.0M | |
| Other assets | $1.2M | $1.2M | ||
| Total non-current assets | $193.8M | $168.8M | ||
| Total assets | $282.9M | $226.1M | ||
| Trade and other payables | $13.3M | $8.5M | ||
| Contract liabilities | $146.5K | $126.1K | ||
| Lease liabilities | $577.8K | $522.3K | ||
| Derivative financial instruments | $7.2M | $5.4M | ||
| Borrowings | $62.1M | $31.7M | ||
| Current tax liabilities | $218.8K | $32.0K | ||
| Total current liabilities | $83.6M | $46.2M | ||
| Contract liabilities | $3.0M | |||
| Lease liabilities | $5.9M | $6.5M | ||
| Borrowings | $31.8M | $32.8M | ||
| Total non-current liabilities | $37.7M | $42.3M | ||
| Total liabilities | $121.2M | $88.5M | ||
| Net assets | $161.7M | $137.6M | ||
| Contributed equity | $485.5M | $367.5M | $338.4M | |
| Reserves | $28.6M | $29.7M | ||
| Accumulated losses | -$352.4M | -$259.7M | ||
| Total equity | $161.7M | $137.6M | $183.9M | $226.1M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $79.9M | $42.6M | $78.7M | $99.0M |
| Trade and other receivables | $2.1M | $8.2M | ||
| Inventory | $2.2M | $1.4M | ||
| Prepayments | $710.8K | $1.7M | ||
| Escrow reserves | $4.3M | $1.5M | ||
| Assets classified as held for sale | $2.0M | $2.2M | ||
| Total current assets | $89.2M | $57.3M | ||
| Property, plant and equipment | $174.9M | $149.3M | ||
| Right-of-use assets | $5.7M | $6.4M | ||
| Intangible assets and goodwill | $12.0M | $12.0M | $12.0M | |
| Other assets | $1.2M | $1.2M | ||
| Total non-current assets | $193.8M | $168.8M | ||
| Total assets | $282.9M | $226.1M | ||
| Trade and other payables | $13.3M | $8.5M | ||
| Contract liabilities | $146.5K | $126.1K | ||
| Lease liabilities | $577.8K | $522.3K | ||
| Derivative financial instruments | $7.2M | $5.4M | ||
| Borrowings | $62.1M | $31.7M | ||
| Current tax liabilities | $218.8K | $32.0K | ||
| Total current liabilities | $83.6M | $46.2M | ||
| Contract liabilities | $3.0M | |||
| Lease liabilities | $5.9M | $6.5M | ||
| Borrowings | $31.8M | $32.8M | ||
| Total non-current liabilities | $37.7M | $42.3M | ||
| Total liabilities | $121.2M | $88.5M | ||
| Net assets | $161.7M | $137.6M | ||
| Contributed equity | $485.5M | $367.5M | $338.4M | |
| Reserves | $28.6M | $29.7M | ||
| Accumulated losses | -$352.4M | -$259.7M | ||
| Total equity | $161.7M | $137.6M | $183.9M | $226.1M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Receipts from customers (inclusive of consumption tax) | $8.2M | $7.9M | $7.7M |
| Payments to suppliers and employees (inclusive of consumption tax) | -$51.9M | -$50.3M | -$45.6M |
| Interest received | $1.1M | $1.4M | $1.6M |
| Payment of borrowing costs | -$1.8M | -$1.8M | -$1.9M |
| Government grants received | $2.2M | $2.4M | $1.9M |
| Net cash outflow from operating activities | -$42.2M | -$40.4M | -$36.2M |
| Payments for exploration assets | -$11.9K | -$27.1K | -$13.7K |
| Proceeds from release of escrow funds | $8.3M | ||
| Proceeds from disposal of assets | $1.3M | ||
| Payments for security deposits | -$3.0M | -$657.7K | -$882.3K |
| Government grants received | $29.0M | $12.4M | |
| Payments for property, plant and equipment | -$60.2M | -$29.9M | -$19.2M |
| Net cash outflow from investing activities | -$32.9M | -$18.2M | -$11.7M |
| Proceeds on issue of shares | $25.1M | $28.8M | $338.3K |
| Transaction costs related to issue of equity securities or convertible debt securities | -$7.7M | -$1.3M | -$59.9K |
| Proceeds from convertible note issues | $95.0M | $30.0M | |
| Payment of withholding tax - Performance rights | -$716.5K | -$603.9K | -$295.0K |
| Proceeds from borrowings | $752.8K | ||
| Principal elements of lease repayments | -$522.3K | -$296.9K | -$353.4K |
| Repayment of borrowings | -$1.3M | -$1.4M | -$1.1M |
| Net cash inflow (outflow) from financing activities | $109.9M | $25.2M | $29.3M |
| Net (decrease) increase in cash and cash equivalents | $34.8M | -$33.4M | -$18.7M |
| Effects of foreign currency | $2.5M | -$2.8M | -$1.7M |
No quarter-by-quarter statement was filed.
Corporate structure
NOVONIX LIMITED sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of NOVONIX LIMITED
- LG ENERGY SOLUTIONS, LTD. Filed SC 13G on NOVONIX LIMITED, latest Jun 29, 2023
- NOVONIX LIMITED Brisbane, Australia
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What NOVONIX LIMITED reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $174.9M5 Dec 31, 2025 | $149.3M5 Dec 31, 2024 | +17.1% |
| Operating-lease assets (leased space) | $5.7M5 Dec 31, 2025 | $6.4M5 Dec 31, 2024 | −10.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $79.9M5 Dec 31, 2025 | $42.6M5 Dec 31, 2024 | +87.7% |
Intangibles and goodwill
Inventory
Leadership
Who has led NOVONIX LIMITED, and when. Pick a name to see everywhere that person has worked.
Chief executive
- Chief executive officerMichael O'Kronley Mar 16, 2026 to now11
Board members and other officers (9)
- Board memberJean Oelwang Mar 16, 2026 to now12
- Board memberMichael O'Kronley Mar 16, 2026 to now11
- Board memberNicholas Liveris Mar 16, 2026 to now13
- Board memberRobert J. Natter Mar 16, 2026 to now14
- Board memberRonald C. Edmonds Mar 16, 2026 to now15
- Board memberSharan Burrow Mar 16, 2026 to now16
- Board memberSuresh Vaidyanathan Mar 16, 2026 to now17
- Board memberTony Bellas Mar 16, 2026 to now18
- General counselKimberly J. Heimert Mar 16, 2026 to now19
Timeline
Filings
332 filings to the SEC since October 2021: 5 annual reports, 20 insider forms, 1 large holders, 306 other. The latest 20:
- Oct 8, 20266-K EDGAR
- Sep 28, 20266-K EDGAR
- Sep 21, 20266-K EDGAR
- Sep 16, 20266-K EDGAR
- Sep 15, 20266-K EDGAR
- Sep 14, 20266-K EDGAR
- Sep 2, 20266-K EDGAR
- Aug 13, 20266-K EDGAR
- Aug 12, 20266-K EDGAR
- Jul 30, 20266-K EDGAR
- Jul 24, 20266-K EDGAR
- Jul 23, 20264 EDGAR
- Jul 22, 20266-K EDGAR
- Jul 10, 20266-K EDGAR
- Jul 8, 20266-K EDGAR
- Jul 2, 20266-K EDGAR
- Jul 1, 20264 EDGAR
- Jul 1, 20266-K EDGAR
- Jun 30, 20266-K EDGAR
- Jun 22, 20266-K EDGAR
The 332 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- LG ENERGY SOLUTIONS, LTD.SC 13G, 1 filing Jun 29, 202320
SEC filer profile
How NOVONIX LIMITED is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNOVONIX Ltd2
- CIK0001859795
- Employer ID (EIN)98-15591312
- Filer statusAccelerated filer an emerging growth company; not a shell company7
- Incorporated inAustralia7
- Fiscal year endsDecember 312
- Industry code (SIC)3690 Miscellaneous Electrical Machinery, Equipment & Supplies2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business addressLevel 38, 71 Eagle Street, Brisbane, Australia2
- Phone42354168742
- Shares outstanding840,073,798 shares as of Dec 31, 20257
- AuditorPricewaterhouseCoopers, Brisbane PCAOB ID 1379; no auditor attestation of internal control over financial reporting7
- On EDGAR sinceDec 7, 20212
- Filings332 in all: 6-K (286), 3 (11), 4 (9), 20-F (5), S-8 (4), CORRESP (3), UPLOAD (3), 20FR12B/A (2)2
All 15 form types
6-K/A (2), SD (2), 20FR12B (1), CERT (1), DRS (1), SC 13G (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (20-F) Feb 26, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| American Depositary Shares, each representing four ordinary | NVX | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Feb 26, 2026 (Section 12(b) of the Exchange Act).7
Links
- Websitewww.novonixgroup.com1
- WikidataQ109625744
- SEC EDGARCIK 1859795
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataNOVONIX LIMITED on Wikidata
- 2SEC EDGARNOVONIX LIMITED filings on SEC EDGAR
- 3
- 4Company websiteNOVONIX LIMITED logo
- 5SEC EDGARNOVONIX LIMITED 10-K for fiscal 2025
- 6SEC EDGARNOVONIX LIMITED filings on SEC EDGAR
- 7
- 8SEC EDGARNOVONIX LIMITED 10-K for fiscal 2023
- 9SEC EDGARNOVONIX LIMITED 10-K for fiscal 2023
- 10SEC EDGARNOVONIX LIMITED 10-K for fiscal 2020
- 11
- 12SEC EDGARJean Oelwang, Board member
- 13SEC EDGARNicholas Liveris, Board member
- 14SEC EDGARRobert J. Natter, Board member
- 15SEC EDGARRonald C. Edmonds, Board member
- 16SEC EDGARSharan Burrow, Board member
- 17SEC EDGARSuresh Vaidyanathan, Board member
- 18SEC EDGARTony Bellas, Board member
- 19SEC EDGARKimberly J. Heimert, General counsel
- 20