Novonix Gross Profit from 2010 to 2024

NVX Stock  USD 2.69  0.76  39.38%   
Novonix Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Novonix Ltd ADR makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2015-09-30
Previous Quarter
-8.6 M
Current Value
1.7 M
Quarterly Volatility
4.4 M
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 47.1 M, as well as many indicators such as Price To Sales Ratio of 28.8, Dividend Yield of 0.0167 or PTB Ratio of 2.05. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Novonix Ltd ADR over the last few years. Gross profit is a required income statement account that reflects total revenue of Novonix Ltd ADR minus its cost of goods sold. It is profit before Novonix operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Novonix's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.77 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Novonix Gross Profit Regression Statistics

Arithmetic Mean1,059,649
Geometric Mean1,514,311
Coefficient Of Variation266.82
Mean Deviation2,430,803
Median753,403
Standard Deviation2,827,350
Sample Variance8T
Range7.2M
R-Value0.96
Mean Square Error678.8B
R-Squared0.92
Slope606,779
Total Sum of Squares111.9T

Novonix Gross Profit History

20245.5 M
20235.2 M
20214.4 M
20203.1 M
2019M
2018753.4 K
2017891.8 K

Other Fundumenentals of Novonix Ltd ADR

Novonix Gross Profit component correlations

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0.99-0.74-0.840.910.840.780.980.940.26-0.31-0.140.480.360.370.07-0.150.540.290.050.24-0.29
-0.68-0.740.42-0.69-0.46-0.28-0.83-0.58-0.260.35-0.13-0.130.12-0.250.360.19-0.580.09-0.14-0.07-0.09
-0.87-0.840.42-0.76-0.99-0.98-0.77-0.97-0.290.350.31-0.65-0.58-0.22-0.080.06-0.3-0.42-0.16-0.120.72
0.890.91-0.69-0.760.750.680.860.850.22-0.26-0.020.390.330.390.220.030.580.22-0.010.21-0.2
0.860.84-0.46-0.990.750.970.770.970.22-0.35-0.320.640.550.20.03-0.10.30.40.150.13-0.73
0.810.78-0.28-0.980.680.970.70.940.23-0.23-0.380.710.680.240.19-0.060.270.530.050.16-0.8
0.960.98-0.83-0.770.860.770.70.890.3-0.31-0.060.410.260.34-0.05-0.150.560.210.060.17-0.23
0.940.94-0.58-0.970.850.970.940.890.27-0.34-0.290.630.540.320.09-0.140.450.420.080.21-0.6
0.270.26-0.26-0.290.220.220.230.30.27-0.49-0.170.320.310.30.030.110.310.270.16-0.12-0.13
-0.29-0.310.350.35-0.26-0.35-0.23-0.31-0.34-0.490.25-0.110.020.090.260.21-0.030.06-0.27-0.040.22
-0.17-0.14-0.130.31-0.02-0.32-0.38-0.06-0.29-0.170.25-0.84-0.79-0.65-0.450.68-0.46-0.860.34-0.80.49
0.510.48-0.13-0.650.390.640.710.410.630.32-0.11-0.840.940.750.43-0.480.650.94-0.220.63-0.65
0.410.360.12-0.580.330.550.680.260.540.310.02-0.790.940.70.65-0.280.520.96-0.320.57-0.63
0.370.37-0.25-0.220.390.20.240.340.320.30.09-0.650.750.70.6-0.510.920.82-0.410.79-0.01
0.110.070.36-0.080.220.030.19-0.050.090.030.26-0.450.430.650.60.050.360.62-0.70.59-0.01
-0.13-0.150.190.060.03-0.1-0.06-0.15-0.140.110.210.68-0.48-0.28-0.510.05-0.48-0.49-0.07-0.720.09
0.510.54-0.58-0.30.580.30.270.560.450.31-0.03-0.460.650.520.920.36-0.480.63-0.290.670.03
0.320.290.09-0.420.220.40.530.210.420.270.06-0.860.940.960.820.62-0.490.63-0.360.71-0.5
0.040.05-0.14-0.16-0.010.150.050.060.080.16-0.270.34-0.22-0.32-0.41-0.7-0.07-0.29-0.36-0.54-0.11
0.240.24-0.07-0.120.210.130.160.170.21-0.12-0.04-0.80.630.570.790.59-0.720.670.71-0.54-0.02
-0.33-0.29-0.090.72-0.2-0.73-0.8-0.23-0.6-0.130.220.49-0.65-0.63-0.01-0.010.090.03-0.5-0.11-0.02
Click cells to compare fundamentals

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit5.2 M5.5 M
Gross Profit Margin 0.65  0.68 

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Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.