Electrovaya Past Earnings Performance
Past criteria checks 3/6
Electrovaya's earnings have been declining at an average annual rate of -8.9%, while the Electrical industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 42.7% per year. Electrovaya's return on equity is 11.9%, and it has net margins of 1.9%.
Key information
-8.9%
Earnings growth rate
-0.2%
EPS growth rate
| Electrical Industry Growth | 31.0% |
| Revenue growth rate | 42.7% |
| Return on equity | 11.9% |
| Net Margin | 1.9% |
| Next Earnings Update | 13 May 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively
Dec 05
Is Electrovaya (TSE:ELVA) A Risky Investment?
Aug 30What We Learned About Electrovaya's (TSE:EFL) CEO Pay
Feb 16If You Had Bought Electrovaya (TSE:EFL) Shares A Year Ago You'd Have Earned 629% Returns
Jan 12
Electrovaya Inc.'s (TSE:EFL) Profit Outlook
Nov 20Revenue & Expenses BreakdownBeta
How Electrovaya makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 48 | 1 | 7 | 3 |
| 30 Sep 23 | 44 | -1 | 7 | 3 |
| 30 Jun 23 | 36 | -6 | 9 | 3 |
| 31 Mar 23 | 30 | -7 | 8 | 3 |
| 31 Dec 22 | 24 | -10 | 8 | 4 |
| 30 Sep 22 | 16 | -9 | 7 | 3 |
| 30 Jun 22 | 14 | -8 | 5 | 5 |
| 31 Mar 22 | 12 | -8 | 5 | 5 |
| 31 Dec 21 | 10 | -8 | 5 | 4 |
| 30 Sep 21 | 12 | -8 | 4 | 5 |
| 30 Jun 21 | 14 | -6 | 4 | 3 |
| 31 Mar 21 | 17 | 0 | 3 | 3 |
| 31 Dec 20 | 16 | 1 | 3 | 3 |
| 30 Sep 20 | 15 | 1 | 3 | 3 |
| 30 Jun 20 | 8 | -1 | 4 | 3 |
| 31 Mar 20 | 4 | -7 | 4 | 3 |
| 31 Dec 19 | 4 | -8 | 4 | 2 |
| 30 Sep 19 | 5 | -3 | 4 | 3 |
| 30 Jun 19 | 6 | -3 | 3 | 3 |
| 31 Mar 19 | 5 | -4 | 3 | 4 |
| 31 Dec 18 | 7 | -5 | 4 | 4 |
| 30 Sep 18 | 6 | -10 | 4 | 4 |
| 30 Jun 18 | 5 | -9 | 3 | 3 |
| 31 Mar 18 | 5 | -9 | 3 | 3 |
| 31 Dec 17 | 2 | -7 | 0 | 3 |
| 30 Sep 17 | 2 | -5 | -1 | 3 |
| 30 Jun 17 | 6 | -9 | 2 | 4 |
| 31 Mar 17 | 8 | -10 | 3 | 5 |
| 31 Dec 16 | 12 | -13 | 5 | 6 |
| 30 Sep 16 | 20 | -9 | 5 | 6 |
| 30 Jun 16 | 25 | -2 | 3 | 6 |
| 31 Mar 16 | 28 | 0 | 3 | 6 |
| 31 Dec 15 | 25 | 2 | 2 | 4 |
| 30 Sep 15 | 17 | -3 | 2 | 5 |
| 30 Jun 15 | 8 | -5 | 2 | 4 |
| 31 Mar 15 | 5 | -5 | 3 | 3 |
| 31 Dec 14 | 6 | -5 | 3 | 3 |
| 30 Sep 14 | 7 | -3 | 3 | 2 |
| 30 Jun 14 | 7 | -4 | 2 | 2 |
| 31 Mar 14 | 5 | -4 | 2 | 2 |
| 31 Dec 13 | 3 | -4 | 2 | 2 |
| 30 Sep 13 | 3 | -5 | 2 | 2 |
| 30 Jun 13 | 5 | -4 | 3 | 2 |
Quality Earnings: ELVA has high quality earnings.
Growing Profit Margin: ELVA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ELVA has become profitable over the past 5 years, growing earnings by -8.9% per year.
Accelerating Growth: ELVA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ELVA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (19.6%).
Return on Equity
High ROE: ELVA's Return on Equity (11.9%) is considered low.