Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.

Electrovaya Inc.

Electrovaya focuses on lithium-ion battery technology and manufacturing, specifically advanced battery solutions for energy storage and electric vehicles. Their technology includes Infinity Battery Technology and Solid-State Battery Technology, as self-described.

Electrovaya

Electrovaya | 6,162 followers on LinkedIn. Electrovaya is a leader in developing cutting-edge battery technologies designed for increased safety and longer life | Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries and battery systems for energy storage and heavy duty electric vehicles based on its Infinity Battery Technology Platform.

Embedded Battery Software Engineer

Judy Zhu

Strategic Engineering Leader | Transforming Vision into Technology | Managing High-Performance Teams | Architecting Scalable Systems |…

Rana Bhattacharya

Founder and Principal at Ecotopia Consulting LLC

Steven Berkenfeld

VP, Investor Relations & Corporate Development at Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA) 🔋⚡🔋⚡🔋

Jason Roy

Our Infinity lithium-ion batteries prioritize safety with a unique ceramic separator. 🔋 This advanced technology ensures superior protection and reliability, making Electrovaya the safest choice for your energy needs. 🦺🚧 #SafeBattery #InfinityBattery #EnergyTransition #UL2580

Store associates are frequently interrupted by the many demands of retail, repeatedly stopping and restarting tasks due to ongoing customer service needs throughout their shifts. Badger Technologies helps retailers improve store-level execution and reduce operating costs by automating tedious, repetitive tasks—allowing employees to focus on what they do best: serving customers. Interested in Learning More? Start A Conversation! https://lnkd.in/gB_Mub52 _____________ Our Robots See More & Do More! We'd love to show you how our robots are powering high-performing retail stores, with our out-of-the-box solutions that address: - On-Shelf Availability Improvement - Planogram Compliance - Pricing Integrity - Hazard Mitigation - Security Solutions ... all while lowering operating costs. _____________ BJ Santiago , Mark A. Shake , Emil Martinez , Rafael Renno , Jim Perry , Mellissa Diersing , Patrick Maturo , Bob Ferraro , Marcus Lennon , Len Wierzbicki , Joey Harrison , Ryan Manus , Jeff Bowers , Jeff Kees , Michael Graen , Conversations On Retail , Matt Fifer #weknowretail #poweredbybadgertechnologies #onshelfavailability #planogramcompliance #priceintegrity #hazardmitigation #securitysolutions #onestoreatatime

Badger Technologies

A huge congratulations to the CCI members recognized in Deloitte Canada’s Technology Fast 50™ program, celebrating the nation’s fastest-growing tech innovators! Your hard work and impact are driving Canada’s technology future forward. As Canadians, we don’t do enough to celebrate our business success stories. That’s why CCI is a proud supporter of the Fast50 program. These companies are driving incredible productivity growth, and creating the kind of wealth and prosperity that Canada needs. 👏 A huge shoutout to these trailblazers: ApplyBoard , Certn , DealMaker , Electrovaya , Hopper , Jane App , Jobber , Klue , Knak , Lightspeed Commerce , Miovision , Petal , PurposeMed , Smile Digital Health and Staffy Health Inc. Canada’s tech future is brighter than ever thanks to leaders like you! Keep pushing boundaries and inspiring the next generation of innovators. Read more here: https://lnkd.in/gx7yADh5

Council of Canadian Innovators | Conseil canadien des innovateurs

We're honored to be ranked 10 in Clean Technology category in the 2024 Technology Fast 50™ by Deloitte ! This recognition underscores our dedication to delivering advanced battery solutions that prioritize safety, sustainability, and longevity. 🔋 ⚡ This achievement reflects our technological excellence and the collaborative efforts of our incredible team, as well as the unwavering support of our partners and customers. 🤝 Read here : https://lnkd.in/g9D4BD_G #DeloitteFast50 #CleanTechnology #InfinityBattery #ELVA

We’re excited to participate in two upcoming investor conferences, including opportunities for exclusive 1-on-1 meetings ⚡ 15th Annual Craig-Hallum Alpha Select Conference 📍 Sheraton NY Times Square Hotel, New York, NY 🗓️ November 19, 2024 UBS Global Industrials & Transportation Conference 📍 Eau Palm Beach Resort and Spa, Manalapan, FL 🗓️ December 3-5, 2024 Learn more : https://lnkd.in/gcG8P8ya #NASDAQ #TSX #ELVA #eMobility #InfinityBattery Craig-Hallum Capital Group UBS

🎃 Happy Halloween from Electrovaya ! 🦇 Wishing everyone a safe and energy-filled celebration🔋! #HappyHalloween #InfinityBattery #SafeBattery

🚧 Battery safety is more important than ever, as the use of electric vehicles and large-scale battery operations continues to grow, the importance of safety has never been clearer. At Electrovaya, we design our #InfinityBattery systems with advanced safety features, powered by ceramic separators, to minimize risks and ensure reliable, worry-free performance for our customers. Learn more : https://lnkd.in/g9EBzFWq #SafeBattery #EnergyTransition #BatteryTech #Litiumionbattery

Electrovaya is excited to share that we will receive $2 million in funding from the Government of Canada through Federal Economic Development Agency for Southern Ontario | Agence fédérale de ... ! This investment will help us scale up production of our #InfinityBatteries , meeting the growing demand in the EV industry and driving a sustainable future. Read from here: https://lnkd.in/gxsCt9fN #CanadianInnovation #Electrification #HeavyDuty #Longevity #SafeBattery

#TheBatteryShow was a success! We had valuable discussions with industry leaders about innovation, safety, and sustainability in battery technology. Thank you to everyone who connected with us! 🤝 #BatteryTech #Innovation #InfinityBattery New York Battery and Energy Storage Technology Consortium (NY-BEST)

Thank you to all who participated, sponsored, attended and stopped by the New York State Pavilion at The Battery Show in Detroit this week. It was a terrific event and we’re already making plans for an even bigger event next year!

Metric
Company Name	Electrovaya Inc.
Symbol	ELVA
MSH ID	COM:ELECTROVAYA
Market	STOCKS
Sector	Industrials
Industry	Electrical Equipment & Parts
Country	CA
Stage
Employee Count	97
Website	electrovaya.com
LinkedIn	electrovaya
Founders

Metric
Market Cap	80.15M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	43.37M
Revenue (LTM)
Revenue (NTM)
Gross Profit	11.16M
EBITDA	1.58M
Operating Income	1.20M
Net Income	-1.48M
EPS	-0.04
Diluted EPS	-0.04
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.29
Operating Profit Margin	0.07
EBITDA Margin	0.04
Net Profit Margin	-0.02
Return on Equity	-0.11
Return on Assets	-0.02
Return on Capital Employed	0.32

COM:ELECTROVAYA

Electrovaya

Last Close

3.16

22/11 21:00

Market Cap

113.33M

Beta: -

Volume Today

12.65K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-34.34
P/B Ratio	19.84
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	3.05
EV Multiple	70.59

Metric
Days Sales Outstanding	132.45
Days Payables Outstanding	99.20
Days Inventory Outstanding	140.13
Operating Cycle	205.41
Cash Conversion Cycle	142.26
Asset Turnover	1.21

Metric
Operating Cash Flow	-4.86M
Free Cash Flow	-5.36M
Cash Flow to Debt	-0.04
Operating Cash Flow/Sales	-0.02
Free Cash Flow Yield	-0.04

Metric
Cash & Equivalents	1.03M
Accounts Receivable
Inventory	8.27M
Goodwill
Debt to Capitalization	0.73
Debt to Assets	0.57
Current Ratio	0.92
Quick Ratio	0.58

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.04
R&D to Revenue	0.10
SG&A to Revenue	0.11