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NOVONIX Ltd — Earnings Release 2021
Aug 25, 2021
33557_rns_2021-08-25_d6fc518d-b985-4bf3-a16a-44b68a9f1eee.pdf
Earnings Release
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NOVONIX LIMITED (ASX: NVX) ASX APPENDIX 4E For the year ended 30 June 2021
The ASX Appendix 4E of NOVONIX Limited and subsidiaries (NOVONIX) for the year ended 30 June 2021. It should be read in conjunction with the Directors’ Report and the audited financial statements for the year ended 30 June 2021. Information presented for the previous corresponding period is for the year ended 30 June 2020 (unless otherwise stated).
RESULTS FOR ANNOUNCEMENT TO THE MARKET
| 2021 | 2020 | Change | Change | |
|---|---|---|---|---|
| $ | $ | $ | % | |
| Revenue from ordinary activities | 5,227,347 | 4,253,435 | 973,912 | 22.9% |
| Loss before tax | (18,076,077) | (20,028,526) | 1,952,449 | 9.7% |
| Loss from ordinary activities after tax | (18,076,077) | (20,028,526) | 1,952,449 | 9.7% |
| Net loss for the period attributable to | (18,076,077) | (20,028,526) | 1,952,449 | 9.7% |
| members | ||||
| 2021 | 2020 | |||
| Cents | Cents | |||
| Basic earnings per share | (4.9 cents) | (14.7 cents) | ||
| Diluted earnings per share | (4.9 cents) | (14.7 cents) |
Refer to the NOVONIX consolidated Annual Report for commentary on the above results.
Dividends
There were no dividends paid, recommended, or determined during, or for, the current or previous reporting period.
Net Tangible Assets
| 2021 | 2020 | ||
|---|---|---|---|
| $ | $ | ||
| Net tangible asset1 | backing per ordinary share | 0.41 | 0.14 |
Controlled entities
No control has been gained over entities during the period.
Associates and joint ventures
There are no associates or joint ventures.
Status of audit
The financial statements have been audited and an unmodified option has been issued. For additional 4E disclosures, refer to the 2021 Annual Report lodged with the ASX on 26 August 2021.
1 Net tangible assets is calculated as net assets less intangible assets
NOVONIX Limited (ASX: NVX) ACN 157 690 830 GPO Box 525 Brisbane Qld 4001 AUSTRALIA