-  Achieved Record Full Year Revenue of US$47.3 million, up 87% year-over-year-  Makes substantial progress on operational and liquidity actions GEELONG, Australia, May 14, 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 fiscal 2024 results for the period ended June 30, 2024. Full year revenue was a record US$47.3 million, up 87% year-ove ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF T ...

GEELONG, Australia, May 12, 2025 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 automotive supplier and the world’s leading manufacturer of innovative, lightweight carbon fiber wheels, announced today it will hold a conference call to discuss its fiscal 2024 results on May 15, 2025 at 8:00 A.M Eastern time. After market close on May 14, the Company will issue a copy of the earnings press release via Globe Newswire. The press release may also be viewed on the News section ...

Core Viewpoint - Carbon Revolution plc has appointed Donnie Hampton, Jr. as the Acting Chief Executive Officer, bringing extensive experience in the automotive supply industry to lead the company into its next growth phase [1][2][3]. Company Leadership - Donnie Hampton, Jr. has over three decades of experience with Tier 1 automotive suppliers, including roles at Maxion Wheels and Pace Industries, which positions him well to drive Carbon Revolution's operational excellence and expansion [2][4]. - Bob Lutz, Chairman of the Board, emphasized Hampton's expertise in global manufacturing and his hands-on experience, making him an ideal leader for the company [3]. Company Growth and Strategy - Under the previous CEO Jake Dingle, Carbon Revolution transitioned from a research-focused startup to a leading supplier of carbon fiber wheels, setting the stage for future growth [5][6]. - The company aims to leverage Hampton's experience to enhance its operations and expand its customer base in the global automotive market [3][6]. Product and Market Position - Carbon Revolution specializes in the advanced manufacture of lightweight carbon fiber wheels, targeting high-performance, premium, and luxury automotive segments [7]. - The company has successfully moved from prototype development to mass production, establishing itself as a significant player in the automotive industry [7].

Core Points - Carbon Revolution plc, a leading manufacturer of lightweight carbon fiber wheels, announced the release of an additional US$5 million from a previously announced US$25 million facility, bringing the total released to US$15 million [1][2] - The company also received a further US$400,000 from existing loan reserves, increasing the total reserves released to US$1.2 million out of an agreed US$2 million [1][2] - The funding is aimed at supporting the company's liquidity and meeting the demand from OEM customers, with new programs expected to enter production soon [2] Financial Overview - The total additional funding from Orion Infrastructure Capital and existing noteholders amounts to US$27 million [2] - The company has not guaranteed the ability to receive the remaining US$10 million from the US$25 million facility [2] Company Background - Carbon Revolution plc is the parent company of Carbon Revolution Pty Ltd, which specializes in the advanced manufacture of carbon fiber wheels for the automotive industry [4] - The company has transitioned from producing single prototypes to manufacturing lightweight wheels for high-performance, premium, and luxury vehicles for prestigious automotive brands [4]

Core Points - Carbon Revolution plc, a leading manufacturer of lightweight carbon fiber wheels, received an exception from Nasdaq allowing it until May 14, 2025, to file its Annual Report on Form 20-F for the year ended June 30, 2024 [1][2] - The company's securities will remain listed and traded on Nasdaq during this exception period, provided the report is filed by the deadline and compliance with Nasdaq's listing rules is maintained [1] Company Overview - Carbon Revolution plc is the parent company of Carbon Revolution Pty Ltd, which specializes in the advanced manufacture of carbon fiber wheels for the global automotive industry [3] - The company has transitioned from producing single prototypes to designing and manufacturing lightweight wheels for high-performance, premium, and luxury vehicles for prestigious automotive brands [3] - Carbon Revolution aims to establish a significant and sustainable advanced technology business by supplying its lightweight wheel technology to automotive manufacturers worldwide [3]

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 ...

Core Viewpoint - Carbon Revolution plc has secured an additional US$25 million financing agreement with Orion Infrastructure Capital to support its liquidity and production capacity as it meets demand from OEM customers [1][3][11] Group 1: Financing Details - The new financing will be released in five tranches of US$5 million each, contingent upon meeting specific conditions [1] - This financing is part of a larger US$110 million funding agreement with OIC, which includes US$70 million already drawn and allows for up to US$40 million in additional funding [2] - Existing Noteholders have agreed to release up to US$2 million of existing loan reserves in conjunction with the OIC funding tranches [2] Group 2: Business Operations and Strategy - The incremental funding is aimed at enhancing the company's liquidity and supporting ongoing investments in capacity and throughput [3][11] - Carbon Revolution is focused on launching new programs and increasing production efficiency, positioning itself as the only company capable of producing carbon fiber wheels at scale [4][11] - The company has transitioned from prototype development to manufacturing lightweight wheels for high-performance and luxury automotive segments [5]

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 ...

Core Viewpoint - Carbon Revolution plc has successfully released an additional US$5 million from an escrowed facility, bringing the total released to US$30 million, which will support the company's growth in response to increasing demand for its carbon fiber wheels [1][2]. Group 1: Financial Developments - The company has received an incremental US$5 million from a US$35 million escrowed facility, with US$30 million now released [1]. - The proceeds from the OIC investment will be utilized to fund the company's operations as it meets the rising demand from OEM customers [2]. Group 2: Production and Capacity - Carbon Revolution is making significant investments in capacity and throughput, achieving record production rates of its carbon fiber wheels [2]. - The company has recently announced that it will supply carbon fiber wheels for the Chevrolet Corvette ZR1 and Edition 2 Range Rover Sport SV [2]. Group 3: Company Overview - Carbon Revolution plc is a leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, transitioning from prototypes to mass production for high-performance and luxury automotive brands [3]. - The company aims to establish a sustainable advanced technology business by supplying its lightweight wheel technology to automotive manufacturers worldwide [3].