ELVANasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends September 30
Electrovaya Inc.
Financials through Q3 FY2025, quarter ended Jun 30, 2025Last filing: 40-F on Dec 19, 2025
$5.27+0.20 (+3.94%)
Close on Oct 19, 2026
- Market cap
- $211.33M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2022 to 2024
Gross margin
30.7%
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.3% | – | – | – | |
| Gross profit | +15.5% | – | – | – |
Returns and balance sheet
3 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2024 | Trend |
|---|---|---|---|---|
| Current ratio | 0.65 | 0.65 | 1.03 | |
| Inventory turnover | – | – | 3.4× | |
| Diluted shares | 29.34B | 29.34B | 34M |
Cash use needs five years of cash flow figures
Electrovaya does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
3of 5 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$1.04M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$1.04M vs –
- Less leverageLong-term debt to assets fell– → 0.0%
- Better liquidityCurrent ratio rose0.97 → 1.03
- No dilutionShare count did not rise34M → 34M
- Gross margin improvedGross margin up on the prior year26.91% → 30.68%
- More efficientAsset turnover rose1.99 → 1.22