Novonix (NVNXF) Free Cash Flow (2023 - 2024)
Novonix (NVNXF) posted quarterly Free Cash Flow of -$12.7 million for Q4 2024, down 59.62% year-over-year from -$31.4 million in Q1 2024, and down 59.62% quarter-over-quarter from -$7.9 million in Q4 2023.
Novonix (NVNXF) Free Cash Flow (2023 - 2024) Analysis & Trends
Novonix's Free Cash Flow history runs 2 years deep, the most recent figure standing at -$12.7 million for Q4 2024.
- In Q4 2024, Free Cash Flow fell 59.62% year-over-year to -$12.7 million; the TTM figure through Dec 2025 stood at -$12.7 million (up 38.52% YoY), while the FY2025 annual figure was $18.0 million, up 270.53% from the prior year.
- Free Cash Flow for Q4 2024 stood at -$12.7 million, down from -$7.9 million in the prior quarter.
- The five-year high for Free Cash Flow was -$7.9 million in Q4 2023, with the low at -$12.7 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 926.50 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 155.97 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 212.80 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 167.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 36.50 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 273.60 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 93.70 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 217.74 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -98.06 Mn |
| 10 | Novonix | 17.04 Mn | -70.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -12.68 Mn |
| Dec 31, 2024 | -12.68 Mn |
| Dec 31, 2023 | -7.94 Mn |
| Dec 31, 2023 | -7.94 Mn |