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Electrovaya (ELVA)
NASDAQ:ELVA
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.04Last Year’s EPS
>-0.01Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 16.55%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Positive
Electrovaya reported strong financial results with significant revenue growth, profitability, and successful financing initiatives. They have shown progress in manufacturing expansion and maintained positive EBITDA. However, they faced challenges with tariffs impacting costs and continue to rely heavily on the material handling segment. Overall, the company demonstrates positive momentum and strategic growth planning.Company Guidance
During the Electrovaya Q2 2025 financial results call, the company provided several key metrics and updates reflecting its strong performance and future outlook. Electrovaya reported $15 million in revenue for the quarter, which represents a 40% year-over-year increase, maintaining over 30% gross margins. The company achieved a net profit of over $800,000, marking a significant turnaround from a net loss of $0.8 million in the prior year. Electrovaya secured a $51 million direct loan from the Export-Import Bank of the United States and a $20 million working capital facility from the Bank of Montreal, enhancing its financial capacity. The company also experienced strong order momentum with $25 million in new orders from the material handling segment alone. Electrovaya's adjusted EBITDA for the quarter was $2 million, and it recorded positive cash flow from operations of $3.2 million. The company maintains its 2025 revenue guidance of exceeding $60 million and is on track for its Jamestown facility to begin cell production mid-next year. Electrovaya's strategic focus on developing U.S.-based manufacturing and a supply chain independent of Chinese sources is also highlighted as a competitive advantage.Strong Financial Performance
Electrovaya reported $15 million in revenue for Q2 2025, up 40% year-over-year, maintaining over 30% gross margins. They achieved a net profit of over $800,000, marking a significant turnaround from a net loss of $0.8 million in the prior year.
Significant Order Intake
The company received over $25 million in new orders during the quarter, with strong visibility and confidence for further growth into the next fiscal year.
Successful Financing Initiatives
Electrovaya closed a $51 million direct loan from the Export-Import Bank of the United States and a $20 million working capital facility from the Bank of Montreal, reducing the cost of capital and improving working capital availability.
Progress in Manufacturing Expansion
The company remains on track for its Jamestown cell production by mid-next year, with nearly all key equipment purchases made and material vendors qualified.
Consistent Positive EBITDA
Achieved eight consecutive quarters of positive adjusted EBITDA, with $2 million for the quarter, compared to $1.5 million in the prior year.
ELVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ELVA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $2.90 | $3.01 | +3.79% |
Feb 13, 2025 | $2.44 | $2.50 | +2.46% |
Dec 12, 2024 | $2.85 | $2.58 | -9.47% |
Aug 13, 2024 | $2.05 | $1.96 | -4.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Electrovaya (ELVA) report earnings?
Electrovaya (ELVA) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Electrovaya (ELVA) earnings time?
Electrovaya (ELVA) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ELVA EPS forecast?
ELVA EPS forecast for the fiscal quarter 2025 (Q3) is 0.04.