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- Calix
Calix Valuation Multiples
Calix is valued at $35M as of October 2026, a 1.1x revenue multiple. In the last 12 months, Calix revenue was $27M and Calix EBITDA was ($8M).
Calix Overview
About Calix
Calix Ltd is an Australian technology company. The company's patented core platform technology delivers efficient indirect heating of minerals to enable the electrification of industries, efficient capture of unavoidable CO2 emissions, and green industrial processing solutions. Its core technology platform includes the Calix Flash Calciner (CFC). The group operates in three business segments, namely: Leilac (CO2 mitigation), Sustainable Processing, and Magnesia. It has operations in Australia, New Zealand, Asia, Europe, and the United States of America. The company generates the majority of its revenue from Magnesia.
Founded
2005
HQ
Employees
100
Website
Financials (LTM)
EV
$30M
Valuation Multiples
Start free trialCalix Financials
Calix reported last 12-month revenue of $27M and negative EBITDA of ($8M).
In the same LTM period, Calix generated $11M in gross profit, ($8M) in EBITDA losses, and had net loss of ($28M).
Revenue (LTM)
Calix P&L
In the most recent fiscal year, Calix reported revenue of $25M and EBITDA of ($31M).
Calix is unprofitable as of last fiscal year, with gross margin of 39%, EBITDA margin of (126%), and net margin of (144%).
Financial data powered by Morningstar, Inc.
Calix Stock Performance
Calix has current market cap of $35M, and enterprise value of $30M.
Market Cap Evolution
Calix's stock price is $0.16.
Calix share price decreased by 2.4% in the last 30 days, and by 41.0% in the last year.
Calix has an EPS (earnings per share) of $-0.17.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $30M | $35M | 12.2% | -2.4% | -34.4% | -41.0% | $-0.17 |
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Start Free TrialCalix Valuation Multiples
Calix trades at 1.1x EV/Revenue multiple, and (3.8x) EV/EBITDA.
EV / Revenue (LTM)
Calix Financial Valuation Multiples
As of October 15, 2026, Calix has market cap of $35M and EV of $30M.
Calix has a P/E ratio of (1.2x).
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Calix Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Calix Margins & Growth Rates
Calix grew revenue by 20% but EBITDA decreased by 89% in the last fiscal year.
In the most recent fiscal year, Calix reported gross margin of 39%, EBITDA margin of (126%), and net margin of (144%).
Calix Margins
Calix Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Calix Operational KPIs
Calix's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.3M for the same period.
Calix's Rule of 40 is (44%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Calix's Rule of X is (14%) (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Calix Competitors
Calix competitors include Stem, Energy Solar Tech, Capsol Technologies, Clean Teq Water, Enapter, Eco Wave Power Global, Blue Biofuels, PN Smart Energy, MINT and NAP.
Most Calix public comparables operate across Renewable Energy, Waste & Environmental Services, Advanced Materials and ClimateTech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $156M | $7M | 2.1x | 2.2x | 49.0x | 24.2x | |||
| $5M | $507K | 9.0x | - | 84.5x | - | |||
| $7M | ($6M) | 5.1x | 5.2x | (6.7x) | (7.1x) | |||
| $14M | ($744K) | 2.4x | - | (44.7x) | - | |||
| $25M | ($22M) | 2.8x | 2.2x | (3.2x) | (5.2x) | |||
| $38K | ($4M) | 745.4x | 205.1x | (7.7x) | (6.7x) | |||
| - | ($3M) | - | - | (13.0x) | - | |||
| $63M | ($1M) | 0.6x | - | (32.3x) | - | |||
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Start Free TrialAbout Calix
| When was Calix founded? | Calix was founded in 2005. |
| Where is Calix headquartered? | Calix is headquartered in Australia. |
| How many employees does Calix have? | As of today, Calix has over 100 employees. |
| Is Calix publicly listed? | Yes, Calix is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Calix? | Calix trades under CXL ticker. |
| When did Calix go public? | Calix went public in 2018. |
| Who are competitors of Calix? | Calix main competitors include Stem, Energy Solar Tech, Capsol Technologies, Clean Teq Water, Enapter, Eco Wave Power Global, Blue Biofuels, PN Smart Energy, MINT, NAP. |
| What is the current market cap of Calix? | Calix's current market cap is $35M. |
| What is the current revenue of Calix? | Calix's last 12 months revenue is $27M. |
| What is the current revenue growth of Calix? | Calix revenue growth (NTM/LTM) is 17%. |
| What is the current EV/Revenue multiple of Calix? | Current revenue multiple of Calix is 1.1x. |
| Is Calix profitable? | No, Calix is not profitable. |
| What is the current EBITDA of Calix? | Calix has negative EBITDA and is not profitable. |
| What is Calix's EBITDA margin? | Calix's last 12 months EBITDA margin is (29%). |
| What is the current EV/EBITDA multiple of Calix? | Current EBITDA multiple of Calix is (3.8x). |
| How many companies Calix has acquired to date? | Calix hasn't acquired any companies yet (or none have been disclosed publicly). |
| In how many companies Calix has invested to date? | Calix hasn't invested in any companies yet (or none have been disclosed publicly). |
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