Electrovaya Inc.

TSX:ELVA Stock Report

Market Cap: CA$109.2m

Electrovaya Management

Management criteria checks 3/4

Electrovaya's CEO is Raj Gupta, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is $2.36M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth CA$787.44K. The average tenure of the management team and the board of directors is 2.5 years and 6.7 years respectively.

Key information

Raj Gupta

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage8.8%
CEO tenure2.5yrs
CEO ownership0.7%
Management average tenure2.5yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet

Sep 16
Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet

Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year

Aug 15
Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year

Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden

Aug 03
Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden

Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues

May 21
Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues

These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively

Dec 05
These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively

Is Electrovaya (TSE:ELVA) A Risky Investment?

Aug 30
Is Electrovaya (TSE:ELVA) A Risky Investment?

What We Learned About Electrovaya's (TSE:EFL) CEO Pay

Feb 16
What We Learned About Electrovaya's (TSE:EFL) CEO Pay

If You Had Bought Electrovaya (TSE:EFL) Shares A Year Ago You'd Have Earned 629% Returns

Jan 12
If You Had Bought Electrovaya (TSE:EFL) Shares A Year Ago You'd Have Earned 629% Returns

CEO Compensation Analysis

How has Raj Gupta's remuneration changed compared to Electrovaya's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$592k

Mar 31 2024n/an/a

US$359k

Dec 31 2023n/an/a

US$894k

Sep 30 2023US$2mUS$208k

-US$1m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$8m

Dec 31 2022n/an/a

-US$10m

Sep 30 2022US$278kUS$157k

-US$9m

Jun 30 2022n/an/a

-US$8m

Mar 31 2022n/an/a

-US$8m

Dec 31 2021n/an/a

-US$8m

Sep 30 2021US$3mUS$159k

-US$8m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

US$419k

Dec 31 2020n/an/a

US$1m

Sep 30 2020US$307kUS$126k

US$1m

Jun 30 2020n/an/a

-US$675k

Mar 31 2020n/an/a

-US$7m

Dec 31 2019n/an/a

-US$8m

Sep 30 2019US$527kUS$113k

-US$3m

Jun 30 2019n/an/a

-US$3m

Mar 31 2019n/an/a

-US$4m

Dec 31 2018n/an/a

-US$5m

Sep 30 2018US$96kUS$96k

-US$10m

Compensation vs Market: Raj's total compensation ($USD2.36M) is above average for companies of similar size in the Canadian market ($USD170.32K).

Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.

CEO

Raj Gupta

2.5yrs

Tenure

US$2,360,111

Compensation

Dr. Rajshekar Das Gupta, also known as Raj, Ph. D., serves as Chief Executive Officer and Director of Electrovaya Inc. from May 2022. He is Co-Founder of Electrovaya Inc. He Joined Electrovaya Inc. in 2009...

Leadership Team

NamePositionTenureCompensationOwnership
Sankar Gupta
Executive Chairman28.8yrsUS$355.93k30.6%
CA$ 33.4m
Rajshekar Gupta
CEO & Director2.5yrsUS$2.36m0.72%
CA$ 787.4k
James Jacobs
Co-Founder & Independent Directorno dataUS$30.93k7%
CA$ 7.7m
Francis Gibson
CFO & Secretary2.4yrsUS$299.48k0.010%
CA$ 11.0k
Kyle O'Leary
Director of Operationsno datano datano data
Jason Roy
Director of Corporate Development & Investor Relations2.8yrsno datano data
Jeremy Dang
Vice President of Business & Project Developmentno datano datano data

2.5yrs

Average Tenure

Experienced Management: ELVA's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sankar Gupta
Executive Chairman28.8yrsUS$355.93k30.6%
CA$ 33.4m
Rajshekar Gupta
CEO & Director2.5yrsUS$2.36m0.72%
CA$ 787.4k
James Jacobs
Co-Founder & Independent Director6.7yrsUS$30.93k7%
CA$ 7.7m
Carolyn Hansson
Independent Director7.8yrsUS$30.93k0.15%
CA$ 160.0k
Kartick Kumar
Independent Director3.8yrsUS$30.93k0.000010%
CA$ 10.9

6.7yrs

Average Tenure

75yo

Average Age

Experienced Board: ELVA's board of directors are considered experienced (6.7 years average tenure).