Market RisksRisks include dilution risk, global supply-chain delays, execution risk, regulatory risks, competition risk, customer concentration, and uncertainty related to macroeconomic conditions and geopolitical factors.
Revenue DelaysRevenue delays in the second half of calendar 2024 have been attributed to slow construction activity on the customer side.
Revenue GuidanceThe price target for Electrovaya has been lowered to $10 from $16 due to revenue guidance for FY2025 being lower than expected.