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NOVONIX (ASX:NVX) Gross Profit : A$0.00 Mil (TTM As of Jun. 2024)


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What is NOVONIX Gross Profit?

NOVONIX's gross profit for the three months ended in Jun. 2024 was A$0.00 Mil. NOVONIX's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NOVONIX's gross profit for the three months ended in Jun. 2024 was A$0.00 Mil. NOVONIX's Revenue for the three months ended in Jun. 2024 was A$0.00 Mil. Therefore, NOVONIX's Gross Margin % for the quarter that ended in Jun. 2024 was N/A%.

NOVONIX had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of NOVONIX was 79.19%. The lowest was 13.41%. And the median was 65.02%.


NOVONIX Gross Profit Historical Data

The historical data trend for NOVONIX's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NOVONIX Gross Profit Chart

NOVONIX Annual Data
Trend Sep15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 1.08 2.92 4.03 6.23 7.82

NOVONIX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of NOVONIX's Gross Profit

For the Electrical Equipment & Parts subindustry, NOVONIX's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NOVONIX's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NOVONIX's Gross Profit distribution charts can be found below:

* The bar in red indicates where NOVONIX's Gross Profit falls into.



NOVONIX Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

NOVONIX's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=12.034 - 4.21
=7.82

NOVONIX's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

NOVONIX's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


NOVONIX  (ASX:NVX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NOVONIX had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


NOVONIX Gross Profit Related Terms

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NOVONIX Business Description

Traded in Other Exchanges
Address
46 Edward Street, Level 8, Brisbane, QLD, AUS, 4000
NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration and Mining, Battery Technology, and NOVONIX Anode Materials. Graphite Exploration and Mining segment is engaged in the exploration and development of high-grade flake graphite deposits. The NOVONIX Anode Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment and carries out research and development in battery development. The Battery Technology segment generates maximum revenue for the company.