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Electrovaya Inc (ELVA.TO)

Electrovaya Inc (ELVA.TO)
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Electrovaya Inc is a technology-focused lithium-ion battery company engaged in designing, developing and manufacturing battery cells, modules and systems based on its proprietary Infinity Battery Technology, which provides high safety performance, long cycle life and durability. The Company supplies low-voltage and high-voltage battery systems for industrial and transportation markets, including material-handling equipment, robotic vehicles, electric buses and trucks, and energy-storage installations, and its products are suitable for mission-critical applications. it maintains an expanding intellectual-property portfolio, develops next-generation solid-state and hybrid solid-state battery technologies, and sells its products through OEM relationships, dealer networks and direct sales.

Fiscal Year End Date: 09/30

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Sales 63,576 44,589 43,366 19,173 9,922
Sales Growth +42.58% +2.82% +126.18% +93.24% -27.39%
Net Income 3,363 -1,485 -1,479 -6,547 -7,534
Net Income Growth +326.46% -0.41% +77.41% +13.10% -777.52%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Total Assets 63,931 39,482 36,514 18,081 14,977
Total Assets Growth +61.92% +8.13% +101.95% +20.73% +40.73%
Total Liabilities 32,804 30,897 29,368 24,000 16,673
Total Liabilities Growth +6.17% +5.21% +22.37% +43.95% -13.87%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Operating Cash Flow 1,717 1,038 -4,856 -11,815 -8,116
Operating Cash Flow Growth +65.41% +121.38% +58.90% -45.58% -108.21%
Net Cash Flow 5,577 -257 442 -2,722 2,240
Change in Net Cash Flow +2,270.04% -158.14% +116.24% -221.52% +600.00%
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