Based on the Corporate Connect broker report. Here is expected forecast if all phases proceed smoothly.
We can probably expect $330M revenues by 2025/26. EBITDA margin should be fairly solid at around 50%, if things go according to plan. Afterwards, we can expect growth to continue, especially if synthetic graphite prices increase.
IMO this is a solid growth stock. Revenue growth can be very high in the next few years.
Tesla is currently at $31B revenues for FY21, and forecasting 50% growth with some impressive margins. There is good upside here if TSLA decide to use NVX batteries.
Novonix - $300M+ Revenue by 2025
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Last
83.0¢ |
Change
-0.005(0.60%) |
Mkt cap ! $405.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.0¢ | 82.5¢ | $1.366M | 1.640M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2205 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 4757 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
82.5¢ |
Change
-0.005 ( 1.57 %) |
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| Open | High | Low | Volume | ||
| 85.5¢ | 86.0¢ | 82.5¢ | 545212 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NVX (ASX) Chart |