The Company estimates the revenue for the quarter ended September 30th,2025, exceeded $20M, representing a quarterly record for the Company with approximately 72% year over year growth. This revenue was mostly derived from deliveries of battery systems for the material handling sector but also included deliveries of battery modules for a major construction vehicle OEM in Japan and multiple robotic application customers.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELVA: