Electrovaya Inc. (TSX:ELVA)

Canada · Delayed Price · Currency is CAD

10.18

-2.74 (-21.21%)

Aug 11, 2026, 4:00 PM EST

Electrovaya Financials Overview

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	71.82	63.83	44.62	44.06	16.27	11.58
Revenue Growth	30.89%	43.06%	1.26%	170.80%	40.45%	-20.25%
Gross Profit	23.7	19.72	13.69	11.86	3.87	3.87
Operating Income	6.72	5.54	0.73	1.2	-7.27	-4.61
Net Income	4.41	3.36	-1.49	-1.48	-9.21	-7.53
Earnings Per Share	0.09	0.08	-0.04	-0.04	-0.31	-0.27
EPS Growth	201.42%	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Canada	2.5	1.66	1.26	1.93	2.17
United States	60.72	42.78	42.35	14.31	9.41
Other	0.61	0.18	0.45	0.03	-
Total	63.83	44.62	44.06	16.27	11.58

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Investments	13.08	6.36	0.78	1.03	0.63	4.2
Total Debt	41.06	22.56	20.77	19.03	23.11	11.39
Net Cash (Debt)	-27.97	-16.2	-19.99	-18	-22.48	-7.18
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.57	-0.39	-0.59	-0.53	-0.77	-0.26

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Operating Cash Flow	-8.34	1.72	1.04	-5.24	-8.83	-8.12
Capital Expenditures	-7.29	-4.61	-0.13	-0.51	-0.2	-0.56
Free Cash Flow	-15.63	-2.89	0.91	-5.74	-9.03	-8.68
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Gross Margin	33.00%	30.90%	30.68%	26.91%	23.81%	33.37%
Operating Margin	9.35%	8.68%	1.63%	2.73%	-44.68%	-39.79%
Pretax Margin	3.14%	2.05%	-3.33%	-4.90%	-56.61%	-65.04%
Profit Margin	6.14%	5.27%	-3.33%	-3.36%	-56.61%	-65.04%
FCF Margin	-21.76%	-4.53%	2.05%	-13.03%	-55.49%	-74.90%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 12, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
PE Ratio	76.55	70.21	-	-	-	-
Forward PE	52.20	54.76	77.97	184.81	10.05	16.22
P/FCF Ratio	-	-	87.45	-	-	-
PS Ratio	4.94	3.70	1.79	2.08	6.46	12.60