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NOVONIX Ltd — Earnings Release 2022
Aug 30, 2022
33557_rns_2022-08-30_ea79695d-8075-4a1e-9516-5880a85c05f3.pdf
Earnings Release
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NOVONIX LIMITED (ASX: NVX) ASX APPENDIX 4E For the year ended 30 June 2022
The ASX Appendix 4E of NOVONIX Limited and subsidiaries (NOVONIX) for the year ended 30 June 2022. It should be read in conjunction with the Directors’ Report and the audited financial statements for the year ended 30 June 2022. Information presented for the previous corresponding period is for the year ended 30 June 2021 (unless otherwise stated).
RESULTS FOR ANNOUNCEMENT TO THE MARKET
| 2022 | 2021 | Change | Change | |
|---|---|---|---|---|
| $ | $ | $ | % | |
| Revenue from ordinary activities | 8,417,763 | 5,227,347 | 3,190,416 | 61.0% |
| Loss before tax | (71,441,024) | (18,076,077) | (53,364,947) | -295.2% |
| Loss from ordinary activities after tax | (71,441,024) | (18,076,077) | (53,364,947) | -295.2% |
| Net loss for the period attributable to members | (71,441,024) | (18,076,077) | (53,364,947) | -295.2% |
| 2022 | 2021 | |||
| Cents | Cents | |||
| Basic earnings per share | (15.4 cents) | (4.9 cents) | ||
| Diluted earnings per share | (15.4 cents) | (4.9 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
| 2022 | 2021 | ||
|---|---|---|---|
| $ | $ | ||
| Net tangible asset1 | backing per ordinary share | 0.71 | 0.41 |
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 2022 Annual Report lodged with the ASX on 31 August 2022.
1 Net tangible assets is calculated as net assets less intangible assets
NOVONIX Limited (ASX: NVX) ACN 157 690 830 Level 38, 71 Eagle Street Brisbane QLD 4000 Australia