CAP-XX Limited
CAP-XX Limited develops, manufactures and sells thin, prismatic supercapacitors (energy-storage devices) for IoT, industrial, mobility, wearable and medical-sensor applications. It is domiciled and headquartered in Australia (Seven Hills, Sydney) with contract manufacturing in Malaysia and China, and is listed on AIM (ticker CPX). FY25 revenue was A$4.94 million and the Group remains loss-making, financed primarily by equity raises and R&D tax incentives.
FY2025 in sixty seconds
year to 30 Jun 2025 · approved 7 Nov 2025 · 67 pages · Company website
CAP-XX Limited makes thin energy-storage devices called supercapacitors for gadgets, sensors and industrial equipment. In the year to 30 June 2025 its revenue rose to AUD 4.9m from AUD 4.6m (+7.5%), and its loss after tax narrowed to AUD 3.9m from AUD 6.1m.
The report credits the sales growth to new distribution deals, the first co-branded shipments with partner SCHURTER AG, and design wins such as a next-generation headphone platform for a major Asian manufacturer. The smaller loss came mainly because legal bills from settling old licence fee disputes, a heavy cost the year before, almost disappeared.
The company raised AUD 6.3m from shareholders, repaid a short-term loan and ended the year with cash of AUD 4.0m, up from AUD 1.8m, and no borrowings. No dividend was paid. Management said bookings in the first quarter of the new year were more than 20% ahead of a year earlier, and the board aims to reach profitability. But the report warns of a material uncertainty over whether the company can keep going, because it still loses money and relies on selling new shares and on research tax credits. The auditor drew attention to this but did not qualify its opinion.
New distribution agreements with Farnell (Avnet), RS Group plc and Waldom Electronics expanding EMEA/North America reach
A new distribution agreement with RS Group plc (signed June 2025) joined existing relationships with Farnell (Avnet) and other global distributors, extending CAP-XX's reach throughout EMEA and North America
page 7Reduction in legacy legal costs (licence fee dispute resolution)
The EBITDA loss decreased by $2.07m from the restated FY24 mainly due to the decrease in costs associated with resolving the legacy licence fee disputes; legal expenses fell from $2,255,213 (FY24) to $28,848 (FY25)
page 7The early impact of these initiatives is now visible in current trading, with bookings in Q1 FY26 tracking more than 20% ahead of the same period last year.
page 5No dividends paid, recommended or declared during the current or previous financial year.
page 93 years on one page · FY2023–FY2025
| Line | FY202306/23 | FY202406/24 | FY202506/25 |
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| Revenue | |||
| Operating profit | |||
| Profit for the year | |||
| Basic EPS | |||
| Dividend per share | — | ||
| Free cash flow | |||
| Net debt (negative = net cash) | |||
| Shares in issue | |||
| Operating margin | |||
| Return on capital employed | — |
AUD millions, negatives in brackets. Per-share lines in cents. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
11 figures restated in a later report
Every figure is read again from the following year’s report: 27 confirmed, 11 restated.
| Line | Year | As first filed | In the later report |
|---|---|---|---|
| FY2024 | A$1.9mFY2024 report | A$1.8mFY2025 report | |
| FY2024 | −A$43kFY2024 report | −A$199kFY2025 report | |
| FY2024 | −A$6.0mFY2024 report | −A$6.1mFY2025 report | |
| FY2024 | −A$5.7mFY2024 report | −A$5.8mFY2025 report | |
| FY2024 | −A$6.0mFY2024 report | −A$6.1mFY2025 report | |
| FY2024 | A$10.4mFY2024 report | A$10.2mFY2025 report | |
| FY2024 | A$6.3mFY2024 report | A$6.1mFY2025 report | |
| FY2024 | A$4.6mFY2024 report | A$4.5mFY2025 report | |
| FY2024 | A$686kFY2024 report | A$2.6mFY2025 report | |
| FY2024 | 1,118mFY2024 report | 1,118mFY2025 report | |
| FY2024 | 1,118mFY2024 report | 1,118mFY2025 report |