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
DateValue
Dec 31, 2024 -28.71 Mn
Dec 31, 2023 -28.10 Mn
Jun 30, 2022 0.06