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Calix Ltd.
(Sydney:CXL)
Calix Ltd. (CXL) vs. iShares MSCI Australia ETF (EWA)
Calix Ltd. Business Overview & Revenue Model
Calix Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 28.17M | 27.74M | 24.19M | 18.60M | 18.47M | 19.21M |
| Gross Profit | 4.96M | 10.22M | 10.29M | -2.40M | 1.01M | 1.86M |
| EBITDA | -20.42M | -11.24M | -19.52M | -25.03M | -12.69M | -11.19M |
| Net Income | -19.17M | -19.17M | -25.26M | -23.19M | -16.34M | -9.11M |
Balance Sheet | ||||||
| Total Assets | 110.38M | 110.38M | 112.40M | 127.51M | 61.21M | 51.62M |
| Cash, Cash Equivalents and Short-Term Investments | 22.98M | 22.98M | 42.96M | 74.47M | 24.98M | 15.13M |
| Total Debt | 2.63M | 2.63M | 3.26M | 1.32M | 1.47M | 1.29M |
| Total Liabilities | 22.83M | 22.83M | 28.39M | 22.55M | 16.41M | 13.48M |
| Stockholders Equity | 88.29M | 88.29M | 83.79M | 103.73M | 43.49M | 38.15M |
Cash Flow | ||||||
| Free Cash Flow | -38.95M | -39.59M | -33.13M | -30.29M | -12.76M | -15.06M |
| Operating Cash Flow | -28.67M | -28.67M | -13.68M | -17.26M | -3.74M | -8.12M |
| Investing Cash Flow | -10.64M | -10.64M | -17.55M | -13.03M | 13.83M | -6.94M |
| Financing Cash Flow | 19.33M | 19.33M | -280.00K | 79.77M | -232.33K | 19.11M |
Calix Ltd. Technical Analysis
Calix Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$41.39M | -5.36 | -67.76% | ― | 7.08% | 33.70% | |
51 Neutral | AU$64.63M | -73.91 | -1.75% | ― | -5.37% | -140.00% | |
46 Neutral | AU$17.02M | -6.28 | -63.81% | ― | ― | 52.66% | |
45 Neutral | AU$86.02M | -4.07 | -22.28% | ― | 16.47% | 29.53% | |
37 Underperform | €11.26M | -2.63 | -263.52% | ― | -32.85% | 28.30% | |
28 Underperform | €33.19M | -3.52 | -869.14% | ― | 340.27% | 19.44% |
Calix Ltd. Corporate Events
Calix Limited presented at the 14th Australian Microcap Investment Conference in Melbourne, highlighting its advancements in environmental technology. The company’s focus on industrial decarbonisation and sustainability positions it as a key player in addressing global environmental challenges, potentially impacting its operations and industry standing positively.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited has announced its 2025 Annual General Meeting, scheduled for November 18, 2025, which will be held as a hybrid meeting allowing both online and in-person participation. The meeting will cover the company’s financial report, the adoption of the remuneration report, and the re-election of Alison Deans as a director. This AGM is significant for stakeholders as it addresses key governance and strategic decisions impacting the company’s future direction.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Ltd. announced the quotation of 179,130 new ordinary fully paid securities on the Australian Securities Exchange (ASX), following the exercise of options or conversion of other convertible securities. This move is expected to enhance the company’s capital structure and potentially improve its market positioning by increasing liquidity and investor interest.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited has released its latest newsletter detailing significant commercial milestones, including a $44.9 million ARENA grant for a Green Iron Demonstration Plant and a new partnership with Hydro. The company also reported successful upgrades and testing of its Leilac-1 project, progress in its lithium demonstration project, and expansion in the magnesia market in Queensland. These developments indicate Calix’s strong focus on sustainability and its growing impact on the industrial sector.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited announced that its 2025 Annual General Meeting will be held as a hybrid meeting on November 18, 2025. The deadline for director nominations is September 29, 2025. This meeting is significant for stakeholders as it will outline future company strategies and decisions, impacting its operations and positioning within the environmental technology sector.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited has signed a memorandum of understanding (MOU) and an agreement for material testing and an engineering study with a major global aluminium company. This collaboration is expected to generate over AU$1.0M in revenue for Calix, with payments distributed over project milestones within 12-18 months. The agreement highlights Calix’s strategic positioning in the industrial decarbonisation sector, leveraging its technology to foster partnerships with significant industry players.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited has signed a Memorandum of Understanding with a leading aluminium company to jointly develop its electric calcination technology for Zero Emissions Alumina (ZEAL). This agreement includes a pilot-scale material testing program and a pre-Front-End Engineering Design study, expected to generate over AU$1.0M in revenue. The collaboration aims to demonstrate the feasibility of Calix’s ZEAL technology, which could significantly reduce emissions and costs in alumina production. This partnership marks a milestone for Calix, as it expands its commercial traction in the alumina market, further validating its strategy of partnering with global industry leaders to create self-funded projects with immediate revenue potential.
The most recent analyst rating on (AU:CXL) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Ltd. reported significant achievements for the financial year 2025, including an 11% increase in revenue to $33.9 million and a 23% reduction in operating costs in the second half of the year. The company extended its cash runway to 18 months, supported by revenue growth, reduced costs, and strategic capital investments. Calix also made progress in its commercialization efforts, notably securing a grant agreement of up to $44.9 million from the Australian Renewable Energy Agency for its ZESTY Green Iron Demonstration Plant, highlighting its commitment to sustainable processing and innovation.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Ltd. has released its Corporate Governance Statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms the company’s adherence to the ASX Corporate Governance Council’s principles, highlighting their commitment to transparency and accountability. This announcement underscores Calix’s dedication to maintaining robust governance practices, which is crucial for its stakeholders and enhances its industry reputation.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Ltd.’s 2025 Sustainability Report highlights the company’s ongoing efforts to enhance sustainability through environmental stewardship, social inclusion, and innovation. The report underscores Calix’s dedication to responsible business practices and policy engagement, aiming to benefit communities and stakeholders while maintaining strong governance.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Ltd. has released its Annual Report for the fiscal year 2025, highlighting significant achievements in sustainability and corporate governance. The report outlines the company’s financial and operational highlights, including updates on key business areas such as Leilac, Sustainable Processing, and Magnesia. The report also details Calix’s approach to sustainability and governance, setting priorities for FY26. This release underscores Calix’s commitment to sustainable innovation and its strategic focus on enhancing operational efficiency and stakeholder value.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited reported an 11.2% increase in revenue to $33.9 million for the year ending June 30, 2025, while reducing its loss from ordinary activities by 23.1% to $20.1 million. Despite the improved financial performance, the company did not declare any dividends. The results reflect Calix’s strategic focus on leveraging its technology to address global decarbonisation demands, positioning it as a key player in sustainable industrial solutions.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
Calix Limited announced an investor presentation for its Zero Emissions Steel Technology (ZESTY) and Green Iron Demonstration Plant through a deep-dive webinar. The event aims to highlight Calix’s advancements in decarbonising the steel industry, featuring insights from company leaders and a special guest from The Superpower Institute. This initiative underscores Calix’s commitment to leveraging its technology for sustainable industrial processes, potentially enhancing its market position and contributing to global decarbonisation efforts.
The most recent analyst rating on (AU:CXL) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.