Electrovaya Inc. (ELVA)
| Market Cap | 180.31M |
| Revenue (ttm) | 48.02M |
| Net Income (ttm) | -30,000 |
| Shares Out | 40.11M |
| EPS (ttm) | -0.00 |
| PE Ratio | n/a |
| Forward PE | 35.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 100,253 |
| Open | 4.670 |
| Previous Close | 4.670 |
| Day's Range | 4.350 - 4.670 |
| 52-Week Range | 1.670 - 4.750 |
| Beta | 2.00 |
| Analysts | Strong Buy |
| Price Target | 6.10 (+35.56%) |
| Earnings Date | Aug 12, 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 5 analysts, the average rating for ELVA stock is "Strong Buy." The 12-month stock price target is $6.1, which is an increase of 35.56% from the latest price.
News
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...
Electrovaya Announces Date for Q2-2025 Financial Results & Conference Call
TORONTO, ON / ACCESS Newswire / April 23, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release i...
Electrovaya to Showcase New Battery Products at the Advanced Clean Transportation (ACT) Expo 2025
Electrovaya's Latest Battery Modules and Battery Systems that will be Manufactured in the USA will be on display at the ACT EXPO from April 28-30th at the Anaheim Convention Center TORONTO, ON / ACCES...
Prof. Donald Sadoway of MIT, Joins the Electrovaya Board
2012 Time Magazine: 100 most Influential People in the World TORONTO, ONTARIO / ACCESS Newswire / April 17, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading ...
Electrovaya Presenting at the 2025 EXIM Bank Annual Conference
Electrovaya's CEO to Discuss Strengthening Domestic Manufacturing at the Annual Conference of Export-Import Bank of the United States(EXIM) in Washington DC TORONTO, ONTARIO / ACCESS Newswire / April ...
Electrovaya Receives Purchase Orders for Batteries from Fortune 500 Customer to Re-Power Three Existing Distribution Centers
This purchase order, valued at $8.7 million, is a follow on from a December $4.1 million order, represents the continuation of the customer's fleet conversion strategy with potential further sites pla...
Electrovaya Announces Results of Annual Meeting of Shareholders
TORONTO, ON / ACCESS Newswire / March 31, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company")(NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to ann...
Electrovaya Receives Additional US$7.3 Million Order for Fortune 100 Customer
This purchase order is a follow on from a November 2024 $3.5 million order Further demands for additional sites expected later in the year TORONTO, ON / ACCESS Newswire / March 27, 2025 / Electrovaya ...
Electrovaya Secures $20M Credit Facility from Bank of Montreal to Accelerate Growth and Reduce Costs
Three year term includes an accordion of US$5.0 million expansion option to fuel future growth Lower-cost facility replaces existing debt, reducing servicing costs Supports operations in both the Unit...
Electrovaya Closes $50.8 Million Direct Loan with Export-Import Bank of the United States (“EXIM”) to Expand U.S. Battery Manufacturing
Funding Under EXIM‘s Make More in America Initiative to Fuel Expansion of Electrovaya's Jamestown Battery Manufacturing Facility Combination of EXIM Funding with $20 million BMO Credit Facility and $1...
Electrovaya Wins Orders From Second Global Japanese Headquartered Construction Equipment OEM
Orders placed through Sumitomo Corporation Power & Mobility for high-voltage battery systems to be used by a Major Japanese Headquartered OEM's Vehicle Project TORONTO, ON / ACCESS Newswire / March 6,...
Electrovaya Receives Additional US$4.2 Million Battery Order for Existing Cold Storage Operator
Repeat order represents over $13 million in purchases by this end user with further plans to add incremental batteries to their existing facilities as well as batteries for new construction sites ...
Electrovaya Announces April 2025 Startup for Jamestown Battery System Assembly Operations
The Initial Assembly of Battery Systems is Part of a Larger Planned Investment in Jamestown, New York. JAMESTOWN, NY / ACCESS Newswire / March 3, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company...
Electrovaya, Inc. (ELVA) Q1 2025 Earnings Call Transcript
Electrovaya, Inc. (NASDAQ:ELVA) Q1 2025 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants John Gibson - CFO Raj DasGupta - CEO Conference Call Participants Daniel Magder - Ra...
Electrovaya Reports Q1 Fiscal Year 2025 Results
Revenue of $11.2M and Positive Adjusted EBITDA for Seventh Consecutive Quarter Strengthened Balance Sheet and improved financial position Significant Progress in Closing EXIM and Bank Financing to sup...