Electrovaya Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Year	2023	2022	2021
Revenue	44.06	16.27	11.58
Revenue Growth (YoY)	170.80%	40.45%	-
Cost of Revenue	32.2	12.4	7.66
Gross Profit	11.86	3.87	3.92
Selling, General & Admin	5.58	4.19	3.93
Research & Development	3.38	3.43	4.56
Other Operating Expenses	1.69	3.52	0.05
Operating Expenses	10.65	11.14	8.53
Operating Income	1.2	-7.27	-4.61
Interest Expense / Income	0	0	2.67
Other Expense / Income	3.36	1.94	0.26
Pretax Income	-2.16	-9.21	-7.53
Income Tax	-0.68	0	0
Net Income	-1.48	-9.21	-7.53
Shares Outstanding (Basic)	34	29	28
Shares Outstanding (Diluted)	34	29	28
Shares Change	15.29%	4.88%	-
EPS (Basic)	-0.04	-0.31	-0.25
EPS (Diluted)	-0.04	-0.31	-0.25
Free Cash Flow	2.38	-2.66	-6.08
Free Cash Flow Per Share	0.07	-0.09	-0.22
Gross Margin	26.91%	23.81%	33.87%
Operating Margin	2.73%	-44.68%	-39.79%
Profit Margin	-3.36%	-56.61%	-65.04%
Free Cash Flow Margin	5.40%	-16.32%	-52.45%
EBITDA	-1.25	-8.71	-4.55
EBITDA Margin	-2.84%	-53.52%	-39.24%
Depreciation & Amortization	0.91	0.5	0.32
EBIT	-2.16	-9.21	-4.87
EBIT Margin	-4.90%	-56.61%	-42.00%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).