Last night, the company also reported Q4 revenue $20.5M, consensus $20.3M. “Fiscal 2025 marked a defining financial and strategic inflection point for Electrovaya (ELVA),” stated Dr. Raj DasGupta, CEO of Electrovaya. “We achieved our first profitable year, characterized by record growth, major balance sheet improvements, and continued execution of our long-term technology roadmap. With over 10,000 Infinity Battery systems deployed in high-intensity material handling applications, all maintaining a perfect safety record, demonstrate that we have one of the most extensively field-proven battery platforms in the industry. This real-world validation continues to drive strong customer adoption. Our Jamestown manufacturing facility is fully funded and advancing toward providing domestic cell and module production to support mission-critical applications requiring North American supply chains. Electrovaya is positioned as a technology driven leader in safe, long-life lithium-ion solutions. Combined with our ongoing investments in rapid-charging technology, next-generation ceramic separators, and solid-state development, we’re building sustained competitive advantages and multiple paths to continued profitable growth.”
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