ELVA Stock Overview 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. More details
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Electrovaya Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Electrovaya Historical stock prices Current Share Price CA$2.50 52 Week High CA$4.35 52 Week Low CA$1.67 Beta 1.48 1 Month Change 0.81% 3 Month Change 21.36% 1 Year Change -32.25% 3 Year Change -16.36% 5 Year Change 159.47% Change since IPO -38.69%
Recent News & Updates
Electrovaya Inc., Annual General Meeting, Mar 28, 2025 Jan 20
New major risk - Shareholder dilution Jan 19
Now 20% undervalued Jan 10 Electrovaya Inc. has filed a Follow-on Equity Offering. Electrovaya Inc. has filed a Follow-on Equity Offering.
Full year 2024 earnings: EPS exceeds analyst expectations Dec 13 See more updates
Electrovaya Inc., Annual General Meeting, Mar 28, 2025 Jan 20
New major risk - Shareholder dilution Jan 19
Now 20% undervalued Jan 10 Electrovaya Inc. has filed a Follow-on Equity Offering. Electrovaya Inc. has filed a Follow-on Equity Offering.
Full year 2024 earnings: EPS exceeds analyst expectations Dec 13
Electrovaya Inc. to Report Q4, 2024 Results on Dec 12, 2024 Dec 06
Electrovaya Inc. Provides Earnings Guidance for the Financial Year 2024 and for Financial Year 2025 Nov 27 Electrovaya Inc. Receives Funding from Government of Canada Through Federal Economic Development Agency for Southern Ontario Oct 18
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Aug 15
Forecast breakeven date pushed back to 2025 Aug 15
Electrovaya Inc. Revises Revenue Guidance for the Fiscal Year Ending September 30, 2024 Aug 15
Price target decreased by 12% to US$9.00 Aug 13
Electrovaya Inc. to Report Q3, 2024 Results on Aug 13, 2024 Aug 05
Electrovaya Inc.'s High Voltage Battery System Passes Fire Propagation Testing Jul 12
Electrovaya Launches Lithium Iron Phosphate (Lfp) Based Infinity Cell Jun 14
New major risk - Financial position May 30
Second quarter 2024 earnings: EPS and revenues miss analyst expectations May 15
Electrovaya Inc. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2024 May 15
Electrovaya Inc. to Report Q2, 2024 Results on May 13, 2024 May 03
New minor risk - Market cap size Apr 17
Price target decreased by 21% to US$8.33 Mar 29
Electrovaya Inc. Re-Affirms Earnings Guidance for the Fiscal Year Ending September 30, 2024 Feb 15
Electrovaya Inc. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2024 Feb 13
Electrovaya Inc. to Report Q1, 2024 Results on Feb 12, 2024 Feb 06
Electrovaya Inc., Annual General Meeting, Mar 28, 2024 Jan 23
Electrovaya: Decent Growth Prospects But Too Many Red Flags Jan 22
Electrovaya Inc. announced delayed annual 10-K filing Dec 31
Electrovaya Inc. announced delayed annual 10-K filing Dec 30
Electrovaya Inc. Begins Shipping Infinity-HV Battery Systems Dec 26
Price target decreased by 30% to US$10.50 Oct 26
Electrovaya Inc. Appoints Steven Berkenfeld to its Board of Directors Oct 25
Third quarter 2023 earnings released: EPS: US$0.002 (vs US$0.05 loss in 3Q 2022) Aug 15
Electrovaya Inc. to Report Q3, 2023 Results on Aug 14, 2023 Aug 08
New minor risk - Share price stability Aug 01
Electrovaya Launches Infinity-Hv Battery Systems for Electric Bus, Truck and Energy Storage Applications Jul 23
Electrovaya Inc. Announces New Higher Capacity Lithium-Ion Infinity Cell Series May 17
Electrovaya Inc. Provides Earnings Guidance for the Fiscal Year 2023 May 06
Electrovaya Inc. Provides Revenue Guidance for the Fiscal Year 2023 Feb 14
Electrovaya Inc. to Report Q1, 2023 Results on Feb 13, 2023 Feb 02
Electrovaya Inc., Annual General Meeting, Mar 24, 2023 Jan 28
Electrovaya Inc. Provides Revenue Guidance for the Year 2022 Dec 06
Electrovaya Inc. to Report Q4, 2022 Results on Dec 05, 2022 Nov 29
Electrovaya to Develop New Generation of Stationary Battery Energy Storage Systems Using Its Proprietary Infinity Battery Technology Nov 23 Electrovaya Inc. announced that it has received CAD 14.843472 million in funding Nov 11
Electrovaya Inc. announced that it has received CAD 14.843472 million in funding Nov 10
Electrovaya Inc. announced that it expects to receive CAD 14.843472 million in funding Nov 04
Electrovaya Inc. Reiterates Revenue Guidance for the Fiscal Year 2023 Oct 06
Electrovaya Inc. Provides Revenue Guidance for the Fourth Quarter, Full Year 2022 and 2023 Aug 12
Electrovaya Inc. to Report Q3, 2022 Results on Aug 11, 2022 Aug 06
Electrovaya Inc. Appoints John Gibson as its Chief Financial Officer Jun 15 Electrovaya Inc. Appoints Raj Das Gupta as Chief Executive Officer Replacing Sankar Das Gupta Electrovaya Inc. Appoints Raj Das Gupta as Chief Executive Officer Replacing Sankar Das Gupta
Electrovaya Inc. Revises Revenue Guidance for the Fiscal Year 2022 May 12
Electrovaya Inc. to Report Q2, 2022 Results on May 10, 2022 May 04
Electrovaya Inc. Announces Breakthrough Performance for Proprietary Solid State Hybrid Battery Technology Apr 14
Electrovaya Inc. Completes UL2580 Certification for 28 Models of 48V Lithium Ion Batteries for Materials Handling Electric Vehicles Apr 12
Electrovaya Provides Revenue Guidance for the Fiscal Year Ending September 30, 2022 Feb 15
Electrovaya Inc. to Report Q1, 2022 Results on Feb 14, 2022 Feb 09
Electrovaya Inc. Appoints Kartick Kumar to Its Board of Directors Feb 08
Electrovaya Inc. Provides Earnings Outlook for the Fiscal Year Ending September 30, 2022 Dec 22
Electrovaya Inc. announced that it expects to receive CAD 3.794999 million in funding Sep 29
Electrovaya Inc. Announces Its Research Division, Electrovaya Labs Produce Promising Initial Test Results Using A Proprietary Approach for A Solid State Battery Sep 24 Shareholder Returns ELVA US Electrical US Market 7D -8.8% -8.6% -0.9% 1Y -32.2% 20.8% 22.6%
See full shareholder returns
Return vs Market: ELVA underperformed the US Market which returned 24.3% over the past year.
Price Volatility Is ELVA's price volatile compared to industry and market? ELVA volatility ELVA Average Weekly Movement 10.2% Electrical Industry Average Movement 12.3% Market Average Movement 6.4% 10% most volatile stocks in US Market 18.7% 10% least volatile stocks in US Market 3.2%
Stable Share Price: ELVA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ELVA's weekly volatility (10%) has been stable over the past year.
About the Company Electrovaya Inc. 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. The company operates infinity battery cells technology comprising of low and high voltage systems. It also operates solid state battery technology.
Show more Electrovaya Inc. Fundamentals Summary How do Electrovaya's earnings and revenue compare to its market cap? ELVA fundamental statistics Market cap US$114.59m Earnings (TTM ) -US$1.48m Revenue (TTM ) US$44.62m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) ELVA income statement (TTM ) Revenue US$44.62m Cost of Revenue US$30.93m Gross Profit US$13.69m Other Expenses US$15.17m Earnings -US$1.48m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.033 Gross Margin 30.68% Net Profit Margin -3.33% Debt/Equity Ratio 214.7%
How did ELVA perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/31 18:45 End of Day Share Price 2025/01/31 00:00 Earnings 2024/09/30 Annual Earnings 2024/09/30
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Electrovaya Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Jeffrey Grampp Alliance Global Partners Carter Driscoll B. Riley Securities, Inc. Michael Willemse CIBC Capital Markets
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