Electrovaya Inc.

Electrovaya Inc.

ELVA
Electrovaya Inc.US flagNASDAQ Capital Market
9.67
USD
-0.03
- -
478.74MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.2
0.51
1.04
1.17
0.13
0.29
0.21
0.57
0.35
0.53
1.28
1.31
1.63
1.61
Basic EPS, GAAP
-0.32
-0.24
-0.2
-0.52
-1.2
-1.15
-0.13
0.05
-0.27
-0.31
-0.04
-0.04
0.09
0.11
Free Cash Flow per Basic Share
-0.15
-0.38
0.02
-0.52
-1.09
-0.35
-0.13
-0.16
-0.31
-0.31
-0.17
0.01
-0.24
-0.6
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.05
0.05
-0.06
-0.25
-1.19
-2.1
-1.77
-1.4
-0.88
-0.87
-0.38
-0.38
0.23
1.03
Tangible Book Value per Share
0.33
0.36
0.79
0.47
-0.07
-0.7
-0.67
-0.36
-0.06
-0.23
0.21
0.25
0.8
1.43
Basic Weighted Avg Shares
14
15
16
17
18
20
21
24
28
29
34
34
39
44
Sales/Revenue/Turnover
3
7
17
20
2
6
4
14
10
16
43
45
64
71
Operating Margin (%)
-144.23
-43.27
-15.85
-38.76
-77.8
-119.67
-111.57
-5.85
-46.45
-46.54
2.77
1.63
8.71
11.11
Depreciation Expense
1
1
1
1
- -
- -
- -
- -
- -
1
1
1
1
2
Net Income, GAAP
-5
-3
-3
-9
-21
-23
-3
1
-8
-9
-1
-1
3
5
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-160.49
-46.54
-19.27
-45
-930.73
-402.22
-64.13
8.14
-75.93
-58.97
-3.41
-3.33
5.29
7.06
Working Capital
-5
2
8
1
-3
-15
-14
-8
-1
-8
-1
1
32
58
LT Debt
- -
6
1
- -
10
11
- -
3
3
6
2
2
22
34
Total Equity
5
5
13
8
-1
-14
-14
-9
-2
-7
7
9
31
63
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-60.26
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
-18.47
- -
- -
- -
- -
- -
39.01
Return on Common Equity (%)
-151.25
-478.28
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
- -
1
LT Borrowings
21
27
32
LT Finance Leases
1
1
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
48
50
Market Capitalization
226
323
344

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
42
62
67
Cash, Cash Equivalents & STI
6
23
20
Accounts Receivable, Net
14
13
18
Inventories
12
14
15
Total Current Liabilities
10
10
9
Payables & Accruals
10
10
8
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
113.07%
58.22%
262.57%
Free Cash Flow
-534.29%
-534.57%
-2,654.3%
Net Income, GAAP
-106.88%
-233.05%
-326.46%
Sales/Revenue/Turnover
51.77%
50.61%
42.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
11
10
12
45
2025
11
15
17
20
64
2026
16
18
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.02
-0.01
- -
-0.04
2025
-0.01
0.02
0.02
- -
0.09
2026
0.02
0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Rajshekar Das Gupta
Full Time Employees
123
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
6688 Kitimat Road Mississauga ON Canada L5N 1P8
IPO Date
Jan 5, 2010
Business
Electrovaya Inc. Electrovaya Inc. (NASDAQ:ELVA; TSX:ELVA) designs, develops, and manufactures proprietary lithium-ion batteries and battery systems based on its Infinity Battery Technology Platform, which delivers enhanced safety, industry-leading cycle life longevity, and high energy efficiency for mission-critical applications; core products include lithium-ion battery systems for material handling electric vehicles such as forklifts and automated guided vehicles, high-voltage battery systems for heavy-duty electric vehicles including electric trucks, buses, robotics, construction and mining equipment, industrial energy storage systems, and accessories like battery chargers; the company also advances next-generation solid-state battery technology through its Labs division and holds over 150 global patents covering electrode materials, electrolytes, battery architectures, management systems, and manufacturing processes. Founded in 1996 and headquartered in Mississauga, Ontario, Canada, with manufacturing facilities in Canada, a 135,000-square-foot site in Jamestown, New York, for its planned gigafactory, and operations extending to the United States and Europe, Electrovaya serves blue-chip customers in clean energy, transportation, warehousing, and industrial sectors across North America, Europe, and Asia. Recent developments include the launch of the Infinity Battery System HV for high-voltage applications, the completion of an industrial site purchase in Jamestown, New York, to support gigafactory expansion, a November 2025 equity offering to fund technology and manufacturing investments, continued EXIM direct loan drawdowns for the gigafactory build-out, and the October 2025 establishment of Electrovaya Japan subsidiary to bolster sales, customer support, and strategic partnerships in robotics, heavy industrial equipment, and energy storage markets.

Company News

APIChatGPT
  • Electrovaya Inc (ELVA) Stock Up 5.6% but GF Value Says Overvalued -- GF Score: 70/100

  • 3 More Small-Cap Stocks to Buy

  • Electrovaya: Finding New Markets For Battery Technology

  • Electrovaya Inc. (ELVA:CA) Q2 2026 Earnings Call Transcript

  • Electrovaya Q2 Earnings Call Highlights

  • Electrovaya Inc. (ELVA) Tops Q2 Earnings and Revenue Estimates

  • Electrovaya Reports Fiscal Year Q2 2026 Results

  • Electrovaya Announces Date for Q2-2026 Financial Results & Conference Call

  • Electrovaya Launches New Line of Lithium-Ion Battery Systems for Class III Material Handling Vehicles

  • Electrovaya Collaborates on U.S. Department of Energy-Funded Project to Advance Energy Storage for Critical Infrastructure

  • Financial Review: Electrovaya (NASDAQ:ELVA) vs. Star Group (NYSE:SGU)

  • Electrovaya Achieves First UL 2580 Certification for High-Voltage Batter Systems in Its Class

  • Electrovaya (NASDAQ:ELVA) & Spectris (OTCMKTS:SEPJY) Financial Review

  • Electrovaya Inc. (ELVA:CA) Discusses Battery Technology Advancements and Business Growth Strategy Transcript

  • Electrovaya: An Ideal Time To Buy This Profitable Battery Tech Specialist

  • Electrovaya Announces Results of Annual Meeting of Shareholders

  • Electrovaya To Host Investor Webcast on March 5, 2026

  • Electrovaya Receives $10.5 Million P.O from Fortune 500 Customer

  • Electrovaya Inc. (NASDAQ:ELVA) Given Average Rating of “Moderate Buy” by Brokerages

  • Electrovaya Inc. (ELVA:CA) Q1 2026 Earnings Call Transcript