Electrovaya Inc. (ELVA)
NCM · Industrials · Electrical Equipment & Parts
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
About Electrovaya Inc.
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. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge the batteries; lithium-ion batteries for robotic applications; lithium ion battery cell and modules for sales to OEM customers in the defense, construction, and other applications; high voltage battery systems for electric bus, truck, and defense applications; and industrial products for energy storage. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 17.1M | 20.3M | 15.6M | 18.0M |
| Gross Profit | 5.3M | 6.1M | 5.1M | 6.0M |
| Operating Income | 2.0M | 2.4M | 1.4M | 2.2M |
| Net Income | 907K | 2.0M | 1.0M | 1.0M |
| Diluted EPS | $0.02 | $nan | $0.02 | $0.02 |
Annual Financials
| Metric | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Revenue | 15.6M | 43.4M | 44.6M | 63.6M |
| Gross Profit | 3.2M | 11.2M | 13.7M | 19.5M |
| Operating Income | -7.3M | 1.2M | 729K | 5.5M |
| Net Income | -9.2M | -1.5M | -1.5M | 3.4M |
| Diluted EPS | $-0.31 | $-0.04 | $-0.04 | $0.08 |