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Stock impact report

Electrovaya Reports Q1 Fiscal Year 2025 Results [Yahoo! Finance]

Electrovaya Inc. - Common Shares (ELVA) 
Company Research Source: Yahoo! Finance
In This Article ELVA Revenue of $11.2M and Positive Adjusted EBITDA for Seventh Consecutive Quarter Strengthened Balance Sheet and improved financial position Significant Progress in Closing EXIM and Bank Financing to support US Manufacturing Expansion and Overall Growth Plans Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline TORONTO, ONTARIO / ACCESS Newswire / February 13, 2025 / 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 of the fiscal year ending September 30, 2025 ("Q1 2025"). All dollar amounts are in U.S. dollars unless otherwise noted. Financial Highlights: Revenue for Q1 2025 was $11.2 million, compared to $12.1 million in the fiscal year ended December 31, 2023 ("Q1 2024"). Gross margin was 30.5% in Q1 2025, an improvement of 130 basis points compared to Q1 2024. B Show less Read more
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