Novonix (NVX) Free Cash Flow (2022 - 2024)
Novonix (NVX) reported Free Cash Flow of -$12.7 million for Q4 2024, down 59.62% on a YoY basis from -$31.4 million in Q1 2024, and down 59.62% quarter-over-quarter from -$7.9 million in Q4 2023.
Novonix (NVX) Free Cash Flow (2022 - 2024) Analysis & Trends
Novonix has reported Free Cash Flow for 3 years, with the latest figure at -$12.7 million in Q4 2024.
- For the quarter ending Q4 2024, Free Cash Flow fell 59.62% year-over-year to -$12.7 million; the trailing twelve-month figure through Dec 2025 stood at -$12.7 million (up 38.52% YoY), and the FY2023 full-year result was -$17.0 million, down 202.74% 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 -$2.8 million in Q2 2022, with the low at -$12.7 million in Q4 2024.
- Historically, Free Cash Flow has averaged -$7.8 million across 3 years, with a median of -$7.9 million in 2023.
- The largest YoY upside for Free Cash Flow was 59.62% in 2024 against a maximum downside of 59.62% in 2024.
- Novonix's Free Cash Flow stood at -$2.8 million in 2022, then plunged by 184.33% to -$7.9 million in 2023, then tumbled by 59.62% to -$12.7 million in 2024.
- The last three Free Cash Flow figures came in at -$12.7 million (Q4 2024), -$7.9 million (Q4 2023), and -$2.8 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 765.40 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 47.43 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 49.10 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 46.00 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | -42.20 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | -4.51 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 49.34 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 73.30 Mn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 131.16 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 |
| Jun 30, 2022 | -2.79 Mn |
| Jun 30, 2022 | -2.79 Mn |