Novonix (NVNXF) Net Cash Flow (2022 - 2024)

Novonix (NVNXF) reported Net Cash Flow of -$32.4 million for Q4 2024, down 17.88% on a YoY basis from -$39.5 million in Q1 2024, and down 17.88% quarter-over-quarter from -$27.5 million in Q4 2023.

Novonix (NVNXF) Net Cash Flow (2022 - 2024) Analysis & Trends

Novonix has reported Net Cash Flow for 3 years, with the latest figure at -$32.4 million in Q4 2024.

  • For the quarter ending Q4 2024, Net Cash Flow fell 17.88% year-over-year to -$32.4 million; the trailing twelve-month figure through Dec 2025 stood at -$32.4 million (up 45.9% YoY), and the FY2023 full-year result was -$18.7 million, down 144.78% from the prior year.
  • Net Cash Flow for Q4 2024 stood at -$32.4 million, down from -$27.5 million in the prior quarter.
  • The five-year high for Net Cash Flow was -$27.5 million in Q4 2023, with the low at -$43.0 million in Q2 2022.
  • Historically, Net Cash Flow has averaged -$34.3 million across 3 years, with a median of -$32.4 million in 2024.
  • The largest YoY upside for Net Cash Flow was 17.88% in 2024 against a maximum downside of 17.88% in 2024.
  • Novonix's Net Cash Flow stood at -$43.0 million in 2022, then soared by 35.94% to -$27.5 million in 2023, then slipped by 17.88% to -$32.4 million in 2024.
  • The last three Net Cash Flow figures came in at -$32.4 million (Q4 2024), -$27.5 million (Q4 2023), and -$43.0 million (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 402.00 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 34.73 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn -50.10 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 21.90 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn -88.50 Mn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 48.48 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn 1.31 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn -108.50 Mn
10 Novonix - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -32.45 Mn
Dec 31, 2024 -32.45 Mn
Dec 31, 2023 -27.53 Mn
Dec 31, 2023 -27.53 Mn
Jun 30, 2022 -42.97 Mn
Jun 30, 2022 -42.97 Mn