Electrovaya First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Electrovaya (TSE:ELVA) First Quarter 2025 Results

Key Financial Results

• Revenue: US$11.2m (down 7.6% from 1Q 2024).
• Net loss: US$420.0k (loss widened by 102% from 1Q 2024).
• US$0.012 loss per share (further deteriorated from US$0.006 loss in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Electrovaya EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 60%.

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in Canada.

Performance of the Canadian Electrical industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Electrovaya that you should be aware of.

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