Novonix Historical Income Statement

NVX Stock  USD 1.56  0.08  5.41%   
Historical analysis of Novonix income statement accounts such as Interest Expense of 3.7 M can show how well Novonix Ltd ADR performed in making a profits. Evaluating Novonix income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Novonix's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Novonix Ltd ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Novonix Ltd ADR is a good buy for the upcoming year.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novonix Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Novonix Income Statement Analysis

Novonix Ltd ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Novonix shareholders. The income statement also shows Novonix investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Novonix Income Statement Chart

At this time, Novonix's Research Development is fairly stable compared to the past year.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Novonix Ltd ADR. It is also known as Novonix overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Revenue

Total revenue comprises all receipts Novonix Ltd ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Novonix Ltd ADR income statement and represents the costs associated with goods and services Novonix provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Novonix's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Novonix Ltd ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novonix Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Novonix's Research Development is fairly stable compared to the past year.

Novonix income statement Correlations

-0.99-0.970.85-0.580.31-0.580.90.80.970.690.830.25-0.980.410.230.06-0.410.75-0.940.92-0.11
-0.990.96-0.860.49-0.410.49-0.93-0.8-0.96-0.66-0.82-0.210.98-0.4-0.27-0.040.41-0.720.94-0.930.14
-0.970.96-0.910.62-0.240.62-0.85-0.83-0.99-0.76-0.71-0.281.0-0.34-0.13-0.160.41-0.790.95-0.850.1
0.85-0.86-0.91-0.490.28-0.50.780.720.930.620.510.26-0.910.540.040.27-0.410.55-0.840.68-0.11
-0.580.490.62-0.490.591.0-0.23-0.44-0.61-0.55-0.32-0.240.57-0.260.08-0.190.15-0.560.59-0.48-0.06
0.31-0.41-0.240.280.590.590.620.260.250.030.43-0.05-0.30.110.32-0.17-0.20.08-0.250.36-0.17
-0.580.490.62-0.51.00.59-0.23-0.44-0.61-0.55-0.32-0.240.57-0.260.08-0.190.15-0.560.59-0.48-0.06
0.9-0.93-0.850.78-0.230.62-0.230.770.850.570.810.18-0.890.290.3-0.06-0.440.62-0.820.83-0.17
0.8-0.8-0.830.72-0.440.26-0.440.770.80.750.70.33-0.830.090.070.03-0.780.75-0.740.66-0.37
0.97-0.96-0.990.93-0.610.25-0.610.850.80.770.720.34-0.990.430.070.17-0.370.78-0.920.83-0.03
0.69-0.66-0.760.62-0.550.03-0.550.570.750.770.630.72-0.750.01-0.380.09-0.220.95-0.580.440.3
0.83-0.82-0.710.51-0.320.43-0.320.810.70.720.630.38-0.740.230.17-0.21-0.330.71-0.640.790.02
0.25-0.21-0.280.26-0.24-0.05-0.240.180.330.340.720.38-0.270.21-0.84-0.080.060.560.0-0.040.61
-0.980.981.0-0.910.57-0.30.57-0.89-0.83-0.99-0.75-0.74-0.27-0.34-0.16-0.130.42-0.780.95-0.860.11
0.41-0.4-0.340.54-0.260.11-0.260.290.090.430.010.230.21-0.34-0.090.25-0.06-0.08-0.290.350.03
0.23-0.27-0.130.040.080.320.080.30.070.07-0.380.17-0.84-0.16-0.09-0.02-0.26-0.16-0.390.51-0.65
0.06-0.04-0.160.27-0.19-0.17-0.19-0.060.030.170.09-0.21-0.08-0.130.25-0.02-0.020.04-0.10.03-0.15
-0.410.410.41-0.410.15-0.20.15-0.44-0.78-0.37-0.22-0.330.060.42-0.06-0.26-0.02-0.210.41-0.360.8
0.75-0.72-0.790.55-0.560.08-0.560.620.750.780.950.710.56-0.78-0.08-0.160.04-0.21-0.680.60.21
-0.940.940.95-0.840.59-0.250.59-0.82-0.74-0.92-0.58-0.640.00.95-0.29-0.39-0.10.41-0.68-0.920.25
0.92-0.93-0.850.68-0.480.36-0.480.830.660.830.440.79-0.04-0.860.350.510.03-0.360.6-0.92-0.27
-0.110.140.1-0.11-0.06-0.17-0.06-0.17-0.37-0.030.30.020.610.110.03-0.65-0.150.80.210.25-0.27
Click cells to compare fundamentals

Novonix Account Relationship Matchups

Novonix income statement Accounts

202020212022202320242025 (projected)
Other Operating Expenses21.2M54.1M42.8M53.5M57.4M60.2M
Operating Income(16.0M)(47.5M)(39.1M)(45.5M)(51.5M)(48.9M)
Ebitda(12.0M)(43.3M)(33.3M)(38.9M)(66.6M)(63.3M)
Total Operating Expenses12.7M52.4M18.5M5.2M55.6M58.4M
Total Other Income Expense Net(2.1M)(3.8M)1.0M(976.6K)(23.2M)(22.0M)
Depreciation And Amortization1.7M4.2M3.5M4.7M4.6M4.8M
Interest Expense171.1K1.5M1.3M2.9M3.6M3.7M
Selling General Administrative11.7M39.9M21.8M30.5M49.1M51.5M
Total Revenue5.2M6.1M3.7M12.1M5.9M4.5M
Gross Profit(3.3M)4.4M(20.6M)9.3M4.1M4.3M
Ebit(13.7M)(47.5M)(36.8M)(43.6M)(71.2M)(67.6M)
Income Tax Expense(4.0)2.1M1.37(199.9K)97.7K149.4K
Net Interest Income(194.3K)(1.5M)(2.1M)(1.3M)(2.2M)(2.3M)
Interest Income35.1K8.3K11.5K1.6M1.4M1.4M
Net Income From Continuing Ops(18.1M)(51.9M)(71.4M)(46.2M)(74.8M)(71.1M)
Reconciled Depreciation1.7M4.2M5.8M4.7M4.6M3.2M
Net Income Applicable To Common Shares(26.1M)(20.0M)(18.1M)(71.4M)(64.3M)(61.1M)

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Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.