TSX:ELVAElectrical
Electrovaya (TSX:ELVA) Profit Turnaround Fuels Bullish Narratives Despite Near-99x P/E Valuation
Electrovaya (TSX:ELVA) just capped FY 2025 with fourth quarter revenue of about $20.5 million and basic EPS of roughly $0.05, underscoring a clean finish to a year in which trailing twelve month revenue reached about $63.8 million and EPS came in at roughly $0.09. The company has seen quarterly revenue move from about $11.6 million in Q4 2024 to $20.5 million in Q4 2025, while quarterly EPS shifted from roughly $0.00 to about $0.05 over the same stretch, pointing to a business that is now...