When Will Electrovaya Inc. (TSE:ELVA) Become Profitable? [Yahoo! Finance]
Electrovaya Inc. (ELVA)
Company Research
Source: Yahoo! Finance
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. The CA$93m market-cap company posted a loss in its most recent financial year of US$1.5m and a latest trailing-twelve-month loss of US$42k shrinking the gap between loss and breakeven. Many investors are wondering about the rate at which Electrovaya will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts' expectations for the company. View our latest analysis for Electrovaya Consensus from 4 of the Canadian Electrical analysts is that Electrovaya is on the verge of breakeven. They expect the company to post a final loss in 2024, before turning a profit of US$16m in 2025. The company is therefore projected to breakeven just over a
Show less
Read more
Impact Snapshot
Event Time:
ELVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ELVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ELVA alerts
High impacting Electrovaya Inc. news events
Weekly update
A roundup of the hottest topics
ELVA
News
- Electrovaya Receives Funding from the Government of CanadaAccesswire
- Electrovaya and Innovative Rail Technologies Enter into Strategic Supply Agreement for the Supply of Battery Systems for Electric Rail ApplicationsAccesswire
- Should Electrovaya Inc. (TSE:ELVA) Focus On Improving This Fundamental Metric? [Yahoo! Finance]Yahoo! Finance
- Electrovaya Inc. (NASDAQ: ELVA) is now covered by analysts at Alliance Global Partners. They set a "buy" rating and a $5.00 price target on the stock.MarketBeat
- Electrovaya Receives Initial Purchase Orders from Global Japanese Construction Equipment ManufacturerAccesswire
ELVA
Sec Filings
- 10/17/24 - Form 6-K
- 9/30/24 - Form 6-K
- 9/26/24 - Form EFFECT
- ELVA's page on the SEC website