Electrovaya (ELVA)
Makes Infinity-based lithium-ion battery systems for demanding industrial, mobility, defense, and storage applications.
$6.86
After hours+0.15 (+2.16%)
At close$6.72(−0.81%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 12 | 11 | 10 | 12 | 11 | 15 | 17 | 20 | 16 | 18 | 17 |
| Cost of revenue | 12 | 9 | 7 | 7 | 9 | 8 | 10 | 12 | 14 | 10 | 12 | 12 |
| Gross profit | 5 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 6 | 5 | 6 | 6 |
| 0 | 4 | 3 | 4 | 2 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | |
| Research & development | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | |
| Selling & marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General & administrative | 1 | 2 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 4 |
| Other expenses | −3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 4 | 0 | 1 | −1 | 1 | 0 | 1 | 2 | 2 | 1 | 2 | 1 |
| −1 | 0 | −2 | 0 | −1 | 0 | −1 | −1 | −2 | 0 | −1 | −1 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | −1 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 0 |
| Other non-operating income | 4 | −1 | 1 | −1 | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 0 |
| Income before tax | 3 | 0 | −1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 0 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | 0 | 0 | 0 |
| Net income from continuing operations | 3 | 0 | −1 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 0 |
| Net income | 3 | 0 | −1 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 0 |
| EPS, basic | $0.07 | −$0.01 | −$0.02 | −$0.01 | −$0.00 | −$0.01 | $0.02 | $0.02 | $0.05 | $0.02 | $0.02 | $0.01 |
| EPS, diluted | $0.07 | −$0.01 | −$0.02 | −$0.01 | −$0.00 | −$0.01 | $0.02 | $0.02 | $0.05 | $0.02 | $0.02 | $0.01 |
| Weighted average shares, basic | 34 | 34 | 34 | 34 | 34 | 35 | 40 | 45 | 42 | 43 | 49 | 50 |
| Weighted average shares, diluted | 34 | 34 | 34 | 34 | 34 | 35 | 40 | 45 | 42 | 46 | 52 | 52 |
| EBITDA | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 2 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 2 | 1 |