Electrovaya Inc. (ELVA)
| Market Cap | 243.66M |
| Revenue (ttm) | 54.88M |
| Net Income (ttm) | 1.20M |
| Shares Out | 47.87M |
| EPS (ttm) | 0.03 |
| PE Ratio | 189.87 |
| Forward PE | 48.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 81,402 |
| Open | 5.15 |
| Previous Close | 5.09 |
| Day's Range | 5.08 - 5.23 |
| 52-Week Range | 1.73 - 7.72 |
| Beta | 0.84 |
| Analysts | Strong Buy |
| Price Target | 6.50 (+26.21%) |
| Earnings Date | Dec 11, 2025 |
About ELVA
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. The company operates infinity battery cells technology comprising of low and high voltage systems. It also operates solid state battery technology. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated... [Read more]
Financial Performance
In 2024, Electrovaya's revenue was $44.62 million, an increase of 1.26% compared to the previous year's $44.06 million. Losses were -$1.49 million, 0.41% more than in 2023.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for ELVA stock is "Strong Buy." The 12-month stock price target is $6.5, which is an increase of 26.21% from the latest price.
News
Electrovaya to Participate in Three Investor Conferences
TORONTO, ON / ACCESS Newswire / November 12, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announc...
Electrovaya Inc. Announces Closing of Oversubscribed US$28.1 Million Public Offering of Common Shares, Including Full Exercise of Overallotment Option
TORONTO, ON / ACCESS Newswire / November 6, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announ...
Electrovaya Inc. Announces Pricing of Oversubscribed US$24.4 Million Public Offering of Common Shares
BASE SHELF PROSPECTUS IS ACCESSIBLE, AND FINAL PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ AND ON EDGAR TORONTO, ONTARIO / ACCESS Newswire / November 5, 2025 / Electro...
Electrovaya Inc. Announces Proposed Public Offering of Common Shares
BASE SHELF PROSPECTUSES ARE ACCESSIBLE, AND PROSPECTUS SUPPLEMENTS WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ AND ON EDGAR TORONTO, ON / ACCESS Newswire / November 4, 2025 / Electrovaya In...
Electrovaya Expands Global Presence with New Japan Subsidiary to Support Growing Sales and Strategic Partnerships in Japan
TORONTO, ON / ACCESS Newswire / October 31, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today ...
Electrovaya ranked 3rd in Canada's Enterprise-Industry Leaders winners in Deloitte's Technology Fast 50TM program
Electrovaya's 3 year growth percentage of 383%, ranking 3rd in the Enterprise-Industry Leaders category that is limited to enterprise-level companies with a minimum of C$50 million in revenue TORONTO,...
Electrovaya Announces Estimated Preliminary Unaudited Q4 FY2025 Revenues at $20 million(1) and Full Year FY2025 Revenue at $64 million(1)
Preliminary unaudited results indicate record quarterly and annual revenue, beating internal guidance by over 5% and representing approximately 43% annual growth Deliveries in the quarter included cor...
Electrovaya Commences Drawdown on Export-Import Bank of the United States ("EXIM") Loan Facility and Provides a Business Update
TORONTO, ON / ACCESS Newswire / September 17, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announ...
Electrovaya Launches Advanced Energy Storage Systems Featuring its Proprietary Infinity Technology
Energy Storage Systems will be based on Electrovaya's proven technology and includes cells, modules and packs manufactured in the USA, enabling strong ITC Incentives Initial systems offer over 2MWh of...
Electrovaya Delivers Newly Developed Custom Battery Modules to Global Japanese Headquartered Construction Equipment OEM
Modules utilize a new 51Ah cell format both of which received UN38.8 certification Further demand for the new battery module expected in the Japanese market for other OEM opportunities with sales thro...
Electrovaya, Inc. (ELVA) Q2 2025 Earnings Call Transcript
Electrovaya, Inc. (NASDAQ:ELVA) Q2 2025 Earnings Conference Call August 13, 2025 5:00 PM ET Company Participants Francis John Gibson - CFO & Secretary Rajshekar Das Gupta - CEO & Director Conference ...
Electrovaya Reports Q3 Fiscal Year 2025 Results
Revenue increased 67% y/y to $17.1M with Positive Adjusted EBITDA1 for Ninth Consecutive Quarter Adjusted EBITDA1 increased 387% y/y to $2.9M or 17% of revenue Net Profit for the quarter of $0.9M and ...
Electrovaya Launches Battery System Products for Airport Ground Support Equipment (GSE) with First Delivery in August to a Major OEM Supplier
Multiple battery system products launched for airport ground support equipment platforms for a a major USA based OEM supplier Electrovaya to showcase its new products at the International GSE Expo bei...
Electrovaya Announces date for Q3-2025 Financial Results & Conference Call
TORONTO, ONTARIO / ACCESS Newswire / July 28, 2025 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and relea...
Electrovaya Launches Multiple Battery System Products for New Robotic Vehicle Platforms with Three Leading OEMs
Multiple battery system products launched for new robotic vehicle platforms for three distinct OEM customers with applications ranging from material handling to surveillance systems Part of a major pr...
Electrovaya Receives Additional US$4.5 Million in New Order from Fortune 100 Customer
Additional order drives cumulative demand to over $20 million in fiscal 2025 from this global leading customer Continued demand expected for additional sites in the calendar year 2025 from this custom...
Electrovaya Achieves UL2580 Certification for Over 400 Next-Generation Lithium-Ion Battery Models
Latest battery systems feature enhanced performance and include 54Ah ceramic cell to be mass produced in Jamestown, NY Passed the most stringent safety testing in the industry, including fire propagat...
Electrovaya to Provide Battery Systems for Electrified Class 8 Trucks through Supply Agreement with Janus Electric
Represents Electrovaya's foray into a new mission critical sector of heavy duty Class 8 trucks for the Australian and US markets TORONTO, ON / ACCESS Newswire / July 8, 2025 / Electrovaya Inc. ("Elect...
Electrovaya to Participate at the ROTH 15th Annual - London, Conference
TORONTO, ON / ACCESS Newswire / June 25, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today ann...
Electrovaya Receives Additional US$6.3 Million Order for Fortune 100 Customer
This purchase order is a follow on from other orders received during the fiscal year from the same end customer with a cumulative total over $16 million Further demands for additional sites expected l...
Electrovaya To Host Investor Webcast on June 3, 2025
TORONTO, ONTARIO / ACCESS Newswire / May 27, 2025 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that it will host an i...
Electrovaya Inc. (ELVA) Q2 2025 Earnings Call Transcript
Electrovaya Inc. (NASDAQ:ELVA) Q2 2025 Earnings Conference Call May 14, 2025 5:00 PM ET Company Participants Dr. Rajshekar DasGupta - Chief Executive Officer John Gibson - Chief Financial Officer Con...
Electrovaya Reports Q2 Fiscal Year 2025 Results
Revenue increased 40% y/y to $15.0M with Positive Adjusted EBITDA1 for Eighth Consecutive Quarter Adjusted EBITDA1 of $2.0M or 13% of revenue Net Profit for the quarter of $0.8M and EPS of $0.02 Reaff...
Electrovaya Announces Start of Battery System Manufacturing in Jamestown, NY
Key Milestone as part of Electrovaya's Manufacturing Investment in Jamestown, New York JAMESTOWN, NY / ACCESS Newswire / May 7, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion b...
Electrovaya Receives the Make More in America Deal of the Year Award at Export-Import Bank of the United States' 2025 Annual Conference
TORONTO, ON / ACCESS Newswire / April 30, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it has received the Make M...