NOVONIX Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Net Income	-92.73	-74.82	-46.25	-55.73	-51.86
Depreciation & Amortization	4.57	4.57	4.74	5.14	4.21
Loss (Gain) From Sale of Assets	0.88	-	-	0.07	-
Asset Writedown & Restructuring Costs	7.35	0.1	-	0.19	-
Loss (Gain) From Sale of Investments	-	15.31	-	-	7.94
Stock-Based Compensation	-1.13	5.52	5.62	10.71	14.68
Other Operating Activities	35.85	5.85	-0.67	-2.65	-5.32
Change in Accounts Receivable	0.22	1.6	-0.57	-0.76	-0.99
Change in Inventory	-0.67	0.46	1.2	-2.77	0.17
Change in Accounts Payable	-0.79	1.42	-1.37	2.68	-0.09
Change in Income Taxes	0.19	-	0.11	-	-
Change in Other Net Operating Assets	3.95	-0.5	1.15	5.37	2.03
Operating Cash Flow	-42.2	-40.42	-36.23	-37.73	-29.23
Capital Expenditures	-60.18	-29.91	-19.2	-49.03	-83.76
Sale (Purchase) of Intangibles	-	-	-	-	-0.03
Investment in Securities	-	-	-	-	-12.77
Other Investing Activities	27.32	11.73	7.46	1.91	-10.24
Investing Cash Flow	-32.86	-18.17	-11.74	-47.13	-106.8
Long-Term Debt Issued	95	-	30.75	-	33.24
Total Debt Issued	95	-	30.75	-	33.24
Long-Term Debt Repaid	-1.8	-1.73	-1.43	-	-0.88
Total Debt Repaid	-1.8	-1.73	-1.43	-1.3	-0.88
Net Debt Issued (Repaid)	93.2	-1.73	29.33	-1.3	32.36
Issuance of Common Stock	25.11	28.82	0.34	0.02	150.97
Other Financing Activities	-8.4	-1.88	-0.35	-0.28	-2.64
Financing Cash Flow	109.9	25.21	29.31	-1.56	180.69
Foreign Exchange Rate Adjustments	2.47	-2.78	-1.67	-0.98	-4.52
Net Cash Flow	37.31	-36.16	-20.33	-87.4	40.14
Free Cash Flow	-102.38	-70.32	-55.42	-86.76	-112.99
Free Cash Flow Margin	-1822.69%	-1201.22%	-688.11%	-1605.40%	-1851.97%
Free Cash Flow Per Share	-0.15	-0.14	-0.11	-0.18	-0.24
Cash Interest Paid	1.83	1.77	1.87	1.8	1.47
Levered Free Cash Flow	-84.52	-53.3	-35.25	-	-104.64
Unlevered Free Cash Flow	-77.09	-51.09	-33.47	-	-103.72
Change in Working Capital	3.01	3.05	0.33	4.52	1.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.