Novonix (NVX) Income towards Parent Company (2022 - 2024)
Novonix (NVX) posted quarterly Income towards Parent Company of -$28.7 million for Q4 2024, down 2.18% year-on-year from -$29.4 million in Q1 2024, and down 2.18% on a QoQ basis from -$28.1 million in Q4 2023.
Novonix (NVX) Income towards Parent Company (2022 - 2024) Analysis & Trends
Novonix (NVX) has reported Income towards Parent Company for 3 consecutive years, with -$28.7 million the latest figure, recorded in Q4 2024.
- Quarterly Income towards Parent Company fell 2.18% year-over-year to -$28.7 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was -$28.7 million (up 49.46% YoY) and the FY2025 annual result came in at -$92.7 million, down 23.93% from the prior year.
- Income towards Parent Company retreated to -$28.7 million in Q4 2024 per NVX's latest filing, from -$28.1 million in the prior quarter.
- Over the last five years, Income towards Parent Company for NVX reached as high as $0.06 in Q2 2022 and fell as low as -$28.7 million in Q4 2024.
- A 3-year average of -$18.9 million and a median of -$28.1 million in 2023 frame the typical range for Income towards Parent Company.
- The largest YoY upside for Income towards Parent Company was 2.18% in 2024 against a maximum downside of 2.18% in 2024.
- Year by year, Income towards Parent Company stood at $0.06 in 2022, then plunged by 46831245100.0% to -$28.1 million in 2023, then decreased by 2.18% to -$28.7 million in 2024.
- According to Business Quant data, Income towards Parent Company over the past three periods registered -$28.7 million, -$28.1 million, and $0.06 for Q4 2024, Q4 2023, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 405.68 Bn | 405.65 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 108.07 Bn | 105.57 Bn | 999.70 Mn |
| 3 | Bloom Energy | 52.30 Bn | 49.81 Bn | 225.54 Mn |
| 4 | Hubbell | 25.71 Bn | 25.19 Bn | 505.30 Mn |
| 5 | nVent Electric | 23.77 Bn | 23.58 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 10.77 Bn | 10.07 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 10.05 Bn | 9.64 Bn | 606.40 Mn |
| 8 | Powell Industries | 7.89 Bn | 7.35 Bn | 87.94 Mn |
| 9 | EnerSys | 7.01 Bn | 6.57 Bn | 290.87 Mn |
| 10 | Novonix | 277.03 Mn | 197.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -28.71 Mn |
| Dec 31, 2023 | -28.10 Mn |
| Jun 30, 2022 | 0.06 |