AI assistant
NOVONIX Ltd — Earnings Release 2023
Feb 27, 2024
33557_rns_2024-02-27_3583fafc-2906-42b5-8d89-e114a5ef7622.pdf
Earnings Release
Open in viewerOpens in your device viewer
==> picture [211 x 33] intentionally omitted <==
NOVONIX LIMITED (ASX: NVX) ASX APPENDIX 4E For the financial year ended 31 December 2023
The ASX Appendix 4E of NOVONIX Limited and subsidiaries (NOVONIX) for the financial year ended 31 December 2023. It should be read in conjunction with the Directors’ Report and the audited financial statements for the financial year ended 31 December 2023. Information presented for the previous corresponding period is for the six-month period ended 31 December 2022 (unless otherwise stated).
RESULTS FOR ANNOUNCEMENT TO THE MARKET
| 12 months | 6 months | Change | Change | |
|---|---|---|---|---|
| ended | ended | US$ | % | |
| 31 December | 31 December | |||
| 2023 | 2022 | |||
| US$ | US$ | |||
| Revenue from ordinary activities | 8,054,528 | 2,702,276 | 5,352,252 | 198.1% |
| Loss before tax | (46,448,210) | (27,864,014) | (18,584,196) | (66.7%) |
| Loss from ordinary activities after tax | (46,248,261) | (27,864,014) | (18,384,247) | (66.0%) |
| Net loss for the period attributable to members | (46,248,261) |
(27,864,014) | (18,384,247) | (66.0%) |
| 12 months ended | 6 months ended | |||
| 31 December 2023 | 31 December 2022 | |||
| US | US | |||
| Basic loss per share | ($0.09) | ($0.06) | ||
| Diluted loss per share | ($0.09) | ($0.06) |
Refer to the NOVONIX consolidated Annual Report for the financial year ended 31 December 2023 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
| 31 | December | 31 |
December | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| US | US | ||||
| Net tangible asset1 | backing per ordinary share | $0.35 | $0.44 |
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 opinion has been issued. For additional 4E disclosures, refer to the Annual Report for the financial year ended 31 December 2023 lodged with the ASX on 28 February 2024.
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