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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