Stock Analysis

Electrovaya Second Quarter 2025 Earnings: Revenues Disappoint

TSX:ELVA
Source: Shutterstock

Electrovaya (TSE:ELVA) Second Quarter 2025 Results

Key Financial Results

  • Revenue: US$15.0m (up 40% from 2Q 2024).
  • Net income: US$828.0k (up from US$839.0k loss in 2Q 2024).
  • Profit margin: 5.5% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue.
  • EPS: US$0.021 (up from US$0.025 loss in 2Q 2024).
earnings-and-revenue-growth
TSX:ELVA Earnings and Revenue Growth May 16th 2025

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

Electrovaya Earnings Insights

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in Canada.

Performance of the Canadian Electrical industry.

The company's shares are up 12% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Electrovaya has 2 warning signs (and 1 which is potentially serious) we think you should know about.

If you're looking to trade Electrovaya, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

Sponsored Content

Valuation is complex, but we're here to simplify it.

Discover if Electrovaya might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About TSX:ELVA

Electrovaya

Engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.

High growth potential and fair value.