Electrovaya Inc. (ELVA) Q4 2024 Earnings Call Transcript
- Electrovaya Inc. (NASDAQ:ELVA ) Q4 2024 Earnings Conference Call December 12, 2024 5:00 PM ET Company Participants John Gibson - Chief Financial Officer Raj DasGupta - Chief Executive Officer Conference Call Participants Eric Stine - Craig-Hallum Amit Dayal - H.C. Wainwright Jeff Grampp - Alliance Global Daniel Magder - Raymond James Orin Hirschman - AIGH Investments Operator Greetings.
- 12/12/2024
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Electrovaya Reports Fiscal Year 2024 Results
- Revenue of $44.6M with $4M Adjusted EBITDA1 (6th Consecutive Positive Quarter) Historic Positive Cash Flow from Operations and Improved Gross Margins Approval of $51million direct loan from The Export-Import Bank of the United States expected to fund Electrovaya's lithium ion cell and battery manufacturing facility in Jamestown, New York Removal of Going Concern note in the financial statements due to improved financial performance TORONTO, ON / ACCESSWIRE / December 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fourth quarter and fiscal year ended September 30, 2024 ("Q4 2024" & "FY 2024", respectively). All dollar amounts are in U.S. dollars unless otherwise noted.
- 12/12/2024
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Electrovaya Announces Date for Q4 and FY-2024 Financial Results & Conference Call
- TORONTO, ON / ACCESSWIRE / December 6, 2024 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its fourth quarter and fiscal year ending September 30, 2024, following the market close on Thursday, December 12, 2024. This will be followed by a conference call at 5:00 p.m.
- 12/06/2024
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Electrovaya to Host Investor Webcast on December 5, 2024
- TORONTO, ON / ACCESSWIRE / December 4, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that it will host an investor webcast presentation on December 5, 2024 at 2:00 pm EST hosted by Bristol Capital. Electrovaya's CEO, Dr. Raj DasGupta and CFO, John Gibson will walk through the Company's corporate presentation.
- 12/04/2024
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Electrovaya Provides a Shareholder Update including Unaudited Preliminary FY2024 Annual Financial Results and Positive Outlook for 2025
- Unaudited FY2024 Revenue Estimate of approximately $45 million with a Gross Margin of 31% Expects FY 2024 Year Operating Profit and Improved Adjusted EBITDA Expects FY2025 Revenues to Exceed $60 million Driven by Renewed Demand from the Company's Largest End Users US EXIM Bank's recently approved Direct Loan of $51 expected to begin disbursements during CY Q1 2025 TORONTO, ON / ACCESSWIRE / November 27, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced an unaudited Fiscal Year ("FY") 2024 ending 30th September, revenue update along with other business updates. All figures in this update are expressed in US dollars.
- 11/27/2024
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Electrovaya: Mispriced Potential For Industry-Leading Battery Technology
- Electrovaya's Infinity Battery, with its superior cycle life and safety profile, is significantly undervalued by the market, presenting a strong buy opportunity. The company's strategic focus on heavy-duty applications and recent design wins in multiple verticals signal a prolonged growth stage. The Sumitomo agreement and the upcoming Jamestown facility build-out are game-changers, positioning Electrovaya for exponential growth.
- 11/25/2024
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Electrovaya Receives Follow On Orders for High Voltage Battery Systems from Global Aerospace and Defense Company Following Extensive Testing
- Electrovaya's High Voltage Battery Systems demonstrated strong reliability and performance in mission critical off-road defense application over several months of extensive testing TORONTO, ON / ACCESSWIRE / November 21, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA) a leading lithium-ion battery technology and manufacturing company, is pleased to announce follow-on order for Infinity-HV battery systems, from a global aerospace and defense company. "We are excited that our first Infinity-HV battery product, which shipped nearly a year ago, met the extreme performance requirements for this off-road autonomous defense application, which represents some of the most difficult validation testing available," said CEO, Dr. Raj DasGupta.
- 11/21/2024
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The Export-Import Bank of the United States (EXIM) Approves a direct loan in the amount of $50.8 million to fund Electrovaya's Jamestown Lithium-Ion Battery Expansion
- Funding under EXIM‘s Make More in America initiative will fund equipment, engineering and setup costs for Electrovaya's Jamestown Battery Manufacturing Facility JAMESTOWN, NY / ACCESSWIRE / November 14, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has secured a direct loan in the amount of US$50.8 million from the Export-Import Bank of the United States ("EXIM") under the bank's ‘Make More in America' initiative. This financing will fund Electrovaya's battery manufacturing buildout in Jamestown, New York including equipment, engineering and setup costs for the facility.
- 11/14/2024
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Electrovaya Receives US$3.5 million Order for Batteries for Use by Existing Fortune 100 Customer
- Customer is largest global end user of Company's batteries with more than 30 warehouse locations operating vehicles powered by Electrovaya batteries TORONTO, ON / ACCESSWIRE / November 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received a purchase order valued at approximately US$3.5 million for immediate delivery of its batteries from one of its OEM sales channels. The batteries will be used by a leading Fortune 100 e-commerce company in the United States and Australia for powering material handling electric vehicles in its warehouse operations.
- 11/12/2024
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Electrovaya Named One of Canada's Clean Technology Winners in Deloitte's Technology Fast 50TM Program
- TORONTO, ON / ACCESSWIRE / November 7, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has received a Clean Technology award as part of Deloitte's 2024 Technology Fast 50 program for the second consecutive year. Launched in 2021, this leadership category recognizes Canada's top clean innovators providing processes, goods, or services that reduce environmental impacts.
- 11/07/2024
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Electrovaya to Attend Two Investor Conferences
- -15th Annual Craig-Hallum Alpha Select Conference- -UBS Global Industrials & Transportation Conference- TORONTO, ON / ACCESSWIRE / November 5, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that Dr. Raj DasGupta, Electrovaya's CEO will be attending the following upcoming conferences: Event: 15th Annual Craig-Hallum Alpha Select Conference Date: November 19, 2024Location: Sheraton NY Times Square Hotel, New York, NYFormat: 1x1 Meetings For more information, please visit: https://www.meetmax.com/sched/event_110237/conference_home.html?bank_access=0&event_id=110237 Event: UBS Global Industrials & Transportation Conference Date: December 3-5, 2024Location: Eau Palm Beach Resort and Spa, Manalapan, FLFormat: 1x1 & Small Group Meetings/Fireside Presentations For more information, please visit: https://www.ubs.com/global/en/investment-bank/ib-conferences/americas/global-industrials-transportation-conference/overview.html Investor and Media Contact: Jason RoyVP, Corporate Development and Investor RelationsElectrovaya Inc. jroy@electrovaya.com 905-855-4618 Brett MaasHayden IR elva@haydenir.com 646-536-7331 About Electrovaya Inc. 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.
- 11/05/2024
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Electrovaya Receives Funding from the Government of Canada
- C$2 million in funding to support investments in Electrovaya's Canadian facility for automation and capacity enhancements TORONTO, ON / ACCESSWIRE / October 17, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, announced a C$2-million investment from the Government of Canada through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). This funding will be used to support investments in automation, AI and capacity enhancements at Electrovaya's Mississauga, Ontario manufacturing facility.
- 10/17/2024
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Electrovaya and Innovative Rail Technologies Enter into Strategic Supply Agreement for the Supply of Battery Systems for Electric Rail Applications
- Electrovaya to supply battery systems for IRT's full electric locomotives serving a variety of rail applications including industrial operations, ports, short line railroads, defense, and commuter rail TORONTO, ON / ACCESSWIRE / September 30, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced the establishment of a Strategic Supply Agreement with Innovative Rail Technologies, LLC (IRT). The Agreement will initially cover the supply of Electrovaya's Infinity battery systems for IRT's electric locomotive systems.
- 09/30/2024
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Electrovaya Receives Initial Purchase Orders from Global Japanese Construction Equipment Manufacturer
- Entry into a new market sector of construction vehicles and new geographical market of Japan TORONTO, ON / ACCESSWIRE / September 10, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, today announced the receipt of its first purchase orders for pre-production battery modules to be provided to a global Japanese headquartered manufacturer of construction equipment. This will be part of an electric excavator program with an estimated scaled production start in 2026.
- 09/10/2024
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Electrovaya Inc. (ELVA) Q3 2024 Earnings Call Transcript
- Electrovaya Inc. (NASDAQ:ELVA ) Q3 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Rajshekar DasGupta - CEO John Gibson - CFO Conference Call Participants Eric Stine - Craig-Hallum Craig Irwin - ROTH Capital Partners Amit Dayal - H.C. Wainwright Operator Greetings.
- 08/13/2024
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Electrovaya Reports Third Quarter FY2024 Financial Results
- Continued gross margin growth, Revenue of $10.3 million, Adjusted EBITDA1 of $0.6 million. Progress in meeting strategic financing objectives including refinancing existing working capital facilities and in negotiations with a US federal agency with regards to financing planned Jamestown, New York lithium-ion battery manufacturing facility TORONTO, ON / ACCESSWIRE / August 13, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for fiscal 2024 third quarter ended June 30, 2024 ("Q3 FY2024").
- 08/13/2024
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Electrovaya Announces Date for Q3-2024 Financial Results & Conference Call
- TORONTO, ON / ACCESSWIRE / August 5, 2024 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its third quarter ending June 30, 2024, following the market close on Tuesday, August 13, 2024. This will be followed by a conference call at 5:00 p.m.
- 08/05/2024
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Electrovaya's High Voltage Battery System Passes Fire Propagation Testing
- Electrovaya's Infinity Technology has demonstrated effectiveness in preventing cell to cell propagation in two high voltage fire propagation tests. This showcases the technology's ability to make lithium ion batteries safer and prevent thermal runaway in battery systems TORONTO, ON / ACCESSWIRE / July 11, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that it completed and passed fire propagation testing on two of its high voltage battery systems, each with over 50kWh in capacity.
- 07/11/2024
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Electrovaya Announces Update to Its Solid-State Battery Development
- Development of a Lithium Ion Conducting Ceramic with leading performance; Development of an improved separator membrane that utilizes the in-house ceramics; Plan to start shipping prototypes to a major automaker this calendar year TORONTO, ON / ACCESSWIRE / June 13, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced an update on its solid-state battery program at its annual Battery Technology Day event. Updates regarding Electrovaya's solid state battery program included the following: Development of a scalable and cost-effective lithium ion conducting ceramic that has demonstrated good performance: ionic conductivity in the range of ~8.10-4 S/cm; and work continues to further improve conductivity and scale up of production.
- 06/13/2024
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Electrovaya Launches Lithium Iron Phosphate (LFP) Based Infinity Cell
- Expanding Electrovaya's addressable market with the New Infinity LFP cells TORONTO, ON / ACCESSWIRE / June 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the launch of its first Infinity Series Lithium Ion Phosphate (LFP) based cell at its annual Battery Technology Day event. The newly developed EV-FP-44 cells, features LFP chemistry and retains the key competitive advantages of Electrovaya's Infinity technology with respect to enhanced cycle life and safety, while also providing lower costs.
- 06/12/2024
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Electrovaya Inc. (ELVA) Q2 2024 Earnings Call Transcript
- Electrovaya Inc. (NASDAQ:ELVA ) Q2 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants John Gibson - CFO Rajshekar DasGupta - CEO Conference Call Participants Eric Stine - Craig Hallum Craig Irwin - ROTH Capital Markets Amit Dayal - H.C. Wainwright Graham Price - Raymond James Orin Hirschman - AIGH Investment Partners Operator Greetings.
- 05/14/2024
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Electrovaya Inc. (ELVA) Reports Q2 Loss, Misses Revenue Estimates
- Electrovaya Inc. (ELVA) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.03. This compares to break-even earnings per share a year ago.
- 05/14/2024
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Electrovaya Reports Second Quarter FY2024 Financial Results
- $1.5 million in Adjusted EBITDA1, bringing the trailing 12 month Adjusted EBITDA1 to $5.8 million Revenue of $10.7 million and Gross Margins improved by 1240 basis points year over year to 35% Operating profit of $0.7 million with positive cash flow from operations for the quarter TORONTO, ON / ACCESSWIRE / May 14, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the second quarter fiscal year ended March 31, 2024 ("Q2 FY2024"). All dollar amounts are in U.S. dollars unless otherwise noted.
- 05/14/2024
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Electrovaya Announces Rescheduling of Q2-2024 Financial Results & Conference Call
- TORONTO, ON / ACCESSWIRE / May 13, 2024 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its second quarter ending March 31, 2024, prior to the market open on Tuesday, May 14, 2024. This will be followed by a conference call at 8:00 a.m.
- 05/13/2024
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Electrovaya Presenting at the Upcoming EXIM Bank Annual Conference
- 90th Anniversary Annual Conference of Export-Import Bank of the United States(EXIM) in Washington DC TORONTO, ON / ACCESSWIRE / May 6, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced that its CEO, Dr. Raj DasGupta will be participating in a panel discussion focused on the energy transition and new green economy at the Export-Import Bank of the United States (EXIM) 2024 Annual Conference. The conference will be held on Thursday, June 6 and Friday June 7 at the Washington Hilton Hotel in Washington, DC.
- 05/06/2024
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Electrovaya Announces date for Q2-2024 Financial Results & Conference Call
- TORONTO, ON / ACCESSWIRE / May 2, 2024 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its second quarter ending March 31, 2024, following the market close on Monday, May 13, 2024. This will be followed by a conference call at 5:00 p.m.
- 05/02/2024
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Electrovaya and Sumitomo Corporation Power & Mobility Enter into Supply Agreement for Electrovaya Lithium Ion Battery Products
- Sumitomo Corporation Power & Mobility, a 100% subsidiary of Sumitomo Corporation and Electrovaya have expanded their sales partnership with a formal supply agreement with the intention to supply battery modules to a leading Japanese construction equipment OEM TORONTO, ON / ACCESSWIRE / April 29, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced the establishment of a Supply Agreement with Sumitomo Corporation Power & Mobility ("SCPM"), a 100% subsidiary of Sumitomo Corporation (8053). The Supply Agreement will initially cover the supply of battery modules to leading Japanese construction equipment manufacturers.
- 04/29/2024
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Electrovaya to Host a Battery Technology & Investor Day
- TORONTO, ON / ACCESSWIRE / April 19, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announces it will be hosting a Battery Technology & Investor Day on Wednesday, June 12, 2024 starting at 11:00 am ET from the Company's Canadian headquarters, located at 6688 Kitimat Rd., Mississauga, ON, L5N 1P8.
- 04/19/2024
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Electrovaya Announces Results of Annual Meeting of Shareholders
- TORONTO, ON / ACCESSWIRE / April 1, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2024 Annual General Meeting held on March 28th, 2024 in Toronto, Ontario, were approved. The six directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson, Mr.
- 04/01/2024
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Electrovaya Announces Integration of Wireless Charging for its Batteries
- Electrovaya's batteries have been successfully integrated and tested with wireless chargers TORONTO, ON / ACCESSWIRE / March 11, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced that its latest generation of battery systems has been integrated and tested with two leading providers of wireless chargers. The battery systems have successfully demonstrated wireless charging capabilities that achieve performance metrics similar to that of wired chargers.
- 03/11/2024
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Electrovaya to Present at Upcoming Investor Conferences in March
- TORONTO, ON / ACCESSWIRE / March 5, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that Dr. Raj DasGupta, Electrovaya's CEO will be attending the following upcoming investor conferences in March: Event: 36th Annual Roth ConferenceDate: March 17-19, 2024Location: The Ritz Carlton Laguna Niguel in Dana Point, CAFormat: Presentation and 1x1's For more information on the 36th Annual ROTH Conference, or to schedule a one-on-one meeting with Electrovaya's management, please contact your ROTH representative or visit www.roth.com/oc2024 Event: Piper Sandler 24th Annual Energy ConferenceDate: March 18-20, 2024Location: Waldorf Astoria, Las Vegas, NVFormat: 1x1 Meetings on Wed., March 20th To schedule a 1x1 meeting, please contact your Piper Sandler representative.
- 03/05/2024
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Electrovaya Announces Receipt of UL Functional Safety Approval for Next Generation Battery Management System
- Generation V BMS System Optimized for new Electrovaya's High Voltage Applications has achieved UL991 and UL 1998 Recognition TORONTO, ON / ACCESSWIRE / February 27, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, today announced that its latest generation of battery management system technology ("BMS") has been approved by UL. The GEN V Battery Management System (BMS) has been successfully evaluated for conformity with both UL 991, which pertains to safety-related controls utilizing Solid-State devices, and UL 1998, addressing Software in programmable components.
- 02/27/2024
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Electrovaya Announces Increase in Credit Facility to C$22 million
- Increase in availability by C$6 million from current working capital facility with an 18 month term also including uncommitted accordions to increase the facility to C$26 million TORONTO, ON / ACCESSWIRE / February 14, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that its credit facility has been increased from C$16 million to C$22 million, with uncommitted accordions up to $4MM to increase the facility to C$26 million in the future. This facility will support the Company's working capital needs in connection with its continued sales and production growth.
- 02/14/2024
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Electrovaya Inc. (ELVA) Q1 2024 Earnings Call Transcript
- Electrovaya Inc. (ELVA) Q1 2024 Earnings Call Transcript
- 02/12/2024
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Electrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/Y
- $0.6 million in Adjusted EBITDA1, the fourth consecutive quarter with positive Adjusted EBITDA Gross Margins improved by 360 basis points to 29% with battery systems exceeding 30% Reaffirmed Fiscal 2024 Guidance of $65 to 75 million underpinned by increasing order backlog and an updated Three Year Strategic Supply Agreement with two of the largest OEMs in the Material Handling sector TORONTO, ON / ACCESSWIRE / February 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA),(TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the first quarter fiscal year ended September 30, 2024 ("Q1 FY2024"). All dollar amounts are in U.S. dollars unless otherwise noted.
- 02/12/2024
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Electrovaya Announces Date for Q1-2024 Financial Results & Conference Call
- TORONTO, ON / ACCESSWIRE / February 5, 2024 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its first quarter ending December 31, 2023, following the market close on Monday, February 12, 2024. This will be followed by a conference call at 5:00 p.m.
- 02/05/2024
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Electrovaya Inc. (ELVA) Q4 2023 Earnings Call Transcript
- Electrovaya Inc. (ELVA) Q4 2023 Earnings Call Transcript
- 01/09/2024
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All You Need to Know About Electrovaya Inc. (ELVA) Rating Upgrade to Strong Buy
- Electrovaya Inc. (ELVA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/05/2024
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Electrovaya to Participate in the iAccess Alpha Tax Loss Recovery Summit 2024 - Buyside Best Ideas Virtual Conference on January 9th and 10th, 2024
- TORONTO, ON / ACCESSWIRE / January 5, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that management is participating in the iAccess Alpha Tax Loss Recovery Summit Virtual Conference on January 9th and 10th, 2024. Dr. Raj DasGupta, Electrovya's CEO, will deliver a company presentation at 10:30 a.m.
- 01/05/2024
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Electrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/Y
- Over $3.2 million in Adjusted EBITDA1 with an Operating Profit of $1.2 million for Fiscal 2023; Two-year Revenue CAGR of 100%; Fiscal 2024 Guidance of $65 to 75 million underpinned by increasing order backlog and an updated Three Year Strategic Supply Agreement with two of the largest OEMs in the Material Handling sector Expects continued strong growth into Fiscal 2025 and beyond supported by new high voltage battery system product lines and anticipated capacity expansion TORONTO, ON / ACCESSWIRE / January 3, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fourth quarter and fiscal year ended September 30, 2023 ("Q4 FY2023" & "FY 2023", respectively). All dollar amounts are in U.S. dollars unless otherwise noted.
- 01/03/2024
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Electrovaya Announces Date for Q4 FY-2023 and FY-2023 Financial Results and Conference Call
- TORONTO, ON / ACCESSWIRE / January 2, 2024 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its fourth quarter and fiscal year ending September 30, 2023 (Q4 FY2023" & "FY 2023", respectively) financial results, after market close on Tuesday, January 2, 2024. This will be followed by a conference call at 8:00 a.m.
- 01/02/2024
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3 Hypergrowth Penny Stocks That Can Turn $5K Into $100K
- I believe right now is one of the best times in years to go bargain shopping for hypergrowth penny stocks. Many explosive yet fledgling small-cap companies saw their share prices soar to unrealistic heights amidst the meme stock craze of 2021, only to come crashing down over the past year.
- 12/12/2023
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Electrovaya to Present at the Piper Sandler Growth Frontiers Conference and the H.C Wainwright Annual Global Investment Conference in September
- TORONTO, ON / ACCESSWIRE / August 31, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced today that Dr. Raj DasGupta will be participating at both the upcoming H.C. Wainwright 25th Annual Global Investment Conference on September 11-12, 2023 and the Piper Sandler Growth Frontiers Conference on September 13, 2023.
- 08/31/2023
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Electrovaya Inc. (ELVA) Q3 2023 Earnings Call Transcript
- Electrovaya Inc. (NASDAQ:ELVA ) Q3 2023 Results Conference Call August 14, 2023 6:00 PM ET Company Participants John Gibson - CFO Dr. Raj DasGupta - CEO Conference Call Participants Eric Stine - Craig Hallum Sameer Joshi - H.C. Wainwright Pavel Molchanov - Raymond James Tom Curran - Seaport Research Shawn Severson - Water Tower Research Aaron Martin - AIGH Investment Partners Operator Welcome to the Electrovaya Q3 2023 Financial Results Conference Call.
- 08/17/2023
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Electrovaya Announces Date for Q3 2023 Financial Results & Conference Call
- TORONTO, ON / ACCESSWIRE / August 7, 2023 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, announces that it will release its third quarter financial results ending June 30, 2023, after market close on August 14, 2023. This will be followed by a conference call at 6:00 p.m.
- 08/07/2023
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