Carbon RevolutionCREV
CREV
About: Carbon Revolution PLC is an Australian-based technology company manufacturing carbon fiber wheels. It is an OEM supplier and a world-wide manufacturer of lightweight technology carbon fibre wheels to the automotive industry. The Company supplies wheels to OEMs across the globe for luxury and high-performance vehicles and SUVs, and is developing wheels for electric vehicles under contract for its OEM customers. The company generates maximum revenue Internationally.
Employees: 449
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more funds holding
Funds holding: 2 [Q3] → 4 (+2) [Q4]
0.67% less ownership
Funds ownership: 0.99% [Q3] → 0.32% (-0.67%) [Q4]
45% less capital invested
Capital invested by funds: $85.7K [Q3] → $47.4K (-$38.4K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for CREV.
Financial journalist opinion
Neutral
GlobeNewsWire
4 days ago
Carbon Revolution Secures Further Release of $5m Million from OIC and further $0.4 Million Reserve Release from Existing Lenders
GEELONG, Australia, March 11, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that Orion Infrastructure Capital ("OIC") has released an incremental US$5 million of the US$25 million facility announced on December 23, 2024 . As a result of this most recent release, $15 million of this US$25 million facility has now been released. Concurrent with this US$5 million tranche, lenders under the US$60 million PIUS loan entered into in May 2023 (“Existing Noteholders”) have also released a further US$400,000 of existing loan reserves, taking reserves released to US$1.2 million of the up to US$2 million agreed to be released. In connection with this funding tranche, the Company will issue to OIC and Existing Noteholders, penny warrants to purchase an aggregate number of shares equal to 5.0% of the Company's shares outstanding.
Neutral
GlobeNewsWire
1 month ago
Carbon Revolution Announces Receipt of Extension from Nasdaq Stock Market
GEELONG, Australia, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that on January 31, 2025 it received a letter from the Nasdaq Stock Market ("Nasdaq") informing the Company that Nasdaq has granted the Company's request for an exception to Nasdaq's Listing Rule 5250(c)(1) through May 14, 2025. The exception gives the Company until May 14, 2025 to file its Annual Report on Form 20-F for the year ended June 30, 2024. The Company's securities will remain listed and traded on Nasdaq during the exception period. If the Company files the Annual Report by May 14, 2025, the securities will remain listed, so long as the Company remains in compliance with Nasdaq's listing rules.
Neutral
GlobeNewsWire
1 month ago
Carbon Revolution Secures Further Release of $5 Million from OIC and further $0.4 Million Reserve Release from Existing Lenders
GEELONG, Australia, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that Orion Infrastructure Capital ("OIC") has released an incremental US$5 million of the US$25 million facility announced on December 23, 2024. As a result of this most recent release, $10 million of this US$25 million facility has now been released. Concurrent with this US$5 million tranche, lenders under the US$60 million PIUS loan entered into in May 2023 (“Existing Noteholders”) have also released a further US$400,000 of existing loan reserves, taking reserves released to US$800,000 of the up to US$2 million agreed to be released. In connection with this funding tranche, the Company will issue to OIC and Existing Noteholders, penny warrants to purchase an aggregate number of shares equal to 5.0% of the Company's shares outstanding.
Positive
Invezz
2 months ago
Carbon Revolution secures $25M financing from OIC to fuel growth
Carbon Revolution plc (Nasdaq: CREV), a leading innovator in lightweight automotive carbon fibre wheels, has secured an additional $25 million financing from Orion Infrastructure Capital (OIC). This strategic funding aims to bolster the company's liquidity, expand production capabilities, and meet rising demand from its original equipment manufacturer (OEM) customers.
Neutral
GlobeNewsWire
2 months ago
Carbon Revolution Secures New $25 Million Financing Agreement with OIC and Existing Lenders
GEELONG, Australia, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital ("OIC") for a further US$25 million financing, which will be released in five tranches, each equal to US$5 million, subject to satisfying certain release conditions. In connection with the release of each of the five tranches of US$5 million, the Company will issue to OIC and the lenders under the US$60 million PIUS loan entered into in May 2023 ("Existing Noteholders"), penny warrants to purchase an aggregate number of shares equal to 5.0% of the Company's shares outstanding.
Neutral
GlobeNewsWire
3 months ago
Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq
GEELONG, Australia, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that the Company has received a notification letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company's delay in filing its Annual Report on Form 20-F for the fiscal year ended June 30, 2024 (the “Annual Report”). The Letter has no immediate effect on the listing or trading of the Company's ordinary shares or warrants on Nasdaq. The Letter stated that, under Nasdaq rules, the Company has until 60 calendar days after receipt of the Letter, which is January 21, 2025, to submit a plan to regain compliance, and that if a plan is submitted and accepted, Nasdaq could grant the Company an exception of up to 180 calendar days from the filing's due date, or until May 14, 2025, to regain compliance. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel. The Company continues to work diligently to file its Annual Report as promptly as practical to regain compliance with Nasdaq Listing Rule 5250(c)(1).
Neutral
GlobeNewsWire
4 months ago
Carbon Revolution Secures Further Release of $5 Million from OIC
GEELONG, Australia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that OIC has released an incremental US$5 million of the escrowed US$35 million facility, of which, as a result of this most recent release, all US$35 million has now been released. In connection with the release the Company issued to OIC a warrant to purchase a number of shares equal to 2.5% of the Company's shares outstanding.
Neutral
GlobeNewsWire
6 months ago
Carbon Revolution Secures Further Release of $5 Million from OIC as Company Launches Key Programs
GEELONG, Australia, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that OIC has released an incremental US$5 million of the escrowed US$35 million facility, of which, as a result of this most recent release, $30 million has been released.
Neutral
GlobeNewsWire
7 months ago
Carbon Revolution Supplies Carbon Fiber Wheels For Range Rover Sport SV Edition Two
Pioneering 23‑inch Carbon Fiber Wheel Option Contributes To 76kg Total Weight Saving, Minimizing Unsprung Mass, Improving Handling, Acceleration And Ride Quality Pioneering 23‑inch Carbon Fiber Wheel Option Contributes To 76kg Total Weight Saving, Minimizing Unsprung Mass, Improving Handling, Acceleration And Ride Quality
Neutral
GlobeNewsWire
7 months ago
Carbon Revolution Secures Further Release of $5 Million from OIC as Company Launches Key Program
GEELONG, Australia, July 30, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that OIC has released an incremental US$5 million of the escrowed US$35 million facility early, of which, as a result of this most recent release, $25 million has been released. In connection with the release the Company issued to OIC a warrant to purchase a number of shares equal to 2.5% of the Company's shares outstanding.
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