See more : New Age Exploration Limited (NAE.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Electrovaya Inc. (EFLVF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Electrovaya Inc., a leading company in the Electrical Equipment & Parts industry within the Industrials sector.
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Electrovaya Inc. (EFLVF)
About Electrovaya Inc.
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 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43.37M | 15.62M | 9.92M | 13.67M | 4.42M | 5.63M | 2.28M | 19.54M | 16.57M | 7.40M | 2.84M | 9.85M | 10.26M | 5.03M | 3.78M | 2.54M | 2.34M | 3.36M | 6.54M | 6.37M | 4.32M | 2.98M | 1.02M | 152.37K | 47.66K | 0.65 | 0.72 |
| Cost of Revenue | 32.20M | 12.40M | 7.66M | 9.59M | 2.95M | 3.87M | 1.37M | 14.66M | 11.59M | 4.58M | 2.22M | 5.48M | 7.62M | 3.66M | 1.32M | 1.38M | 3.35M | 3.21M | 5.26M | 5.52M | 5.33M | 4.64M | 3.91M | -449.13K | -179.23K | -103.74K | -15.08K |
| Gross Profit | 11.16M | 3.22M | 2.26M | 4.07M | 1.48M | 1.76M | 905.00K | 4.87M | 4.98M | 2.82M | 619.00K | 4.37M | 2.64M | 1.37M | 2.46M | 1.16M | -1.01M | 148.52K | 1.28M | 846.89K | -1.01M | -1.67M | -2.89M | 601.50K | 226.89K | 103.74K | 15.08K |
| Gross Profit Ratio | 25.74% | 20.64% | 22.80% | 29.81% | 33.34% | 31.32% | 39.78% | 24.93% | 30.04% | 38.11% | 21.78% | 44.36% | 25.76% | 27.24% | 65.02% | 45.66% | -42.98% | 4.42% | 19.58% | 13.30% | -23.31% | -55.95% | -284.55% | 394.76% | 476.03% | 15,874,800.00% | 2,082,300.00% |
| Research & Development | 3.38M | 3.43M | 4.56M | 2.75M | 2.86M | 3.83M | 2.99M | 6.15M | 4.58M | 2.54M | 3.56M | 3.92M | 1.79M | 1.70M | 3.92M | 3.91M | 887.50K | 1.04M | 2.63M | 2.84M | 2.66M | 1.85M | 2.05M | 1.03M | 714.19K | 466.47K | 592.76K |
| General & Administrative | 4.85M | 6.27M | 3.25M | 1.93M | 2.77M | 3.07M | -1.28M | 4.43M | 1.68M | 3.04M | 1.55M | 2.26M | 2.54M | 803.00K | -1.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 1.90M | 1.15M | 1.28M | 1.12M | 1.13M | 1.31M | 661.00K | 1.03M | 326.00K | 291.00K | 459.00K | 555.00K | 314.00K | 301.00K | 256.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 6.75M | 7.42M | 4.53M | 3.05M | 3.91M | 4.37M | -619.00K | 5.46M | 2.00M | 3.34M | 2.01M | 2.81M | 2.86M | 1.10M | -1.21M | 1.19M | 1.68M | 3.03M | 3.14M | 3.42M | 3.23M | 4.55M | 4.60M | 2.73M | 840.26K | 626.44K | 455.86K |
| Other Expenses | -173.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -478.96K | 0.00 | 0.00 | 0.00 | 0.00 | 138.00K | -244.00K | -197.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 9.96M | 10.49M | 6.87M | 4.87M | 6.41M | 8.51M | 2.68M | 12.44M | 7.60M | 6.03M | 4.72M | 5.84M | 4.21M | 3.51M | 3.27M | 5.66M | 3.21M | 5.05M | -2.49M | -7.63M | 8.63M | 6.40M | 6.65M | 4.21M | 1.73M | 1.20M | 1.06M |
| Cost & Expenses | 42.16M | 22.89M | 14.53M | 14.47M | 9.36M | 12.37M | 4.05M | 27.11M | 19.19M | 10.61M | 6.94M | 11.32M | 11.83M | 7.16M | 4.59M | 7.04M | 6.56M | 8.26M | 2.77M | -2.11M | 13.96M | 11.04M | 10.56M | 3.76M | 1.55M | 1.09M | 1.05M |
| Interest Income | -526.00K | -742.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 573.00K | 631.00K | 95.00K | 0.00 | 36.00K | 29.00K | 34.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 2.31M | 2.29M | 2.67M | 3.10M | 2.12M | 3.45M | 2.93M | 853.00K | 653.00K | 604.00K | 557.00K | 965.00K | 389.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 900.38K | 464.39K | 317.92K | 210.53K | 109.25K | 305.89K | 324.58K | 583.82K | 620.00K | 613.00K | 959.00K | 429.00K | 266.00K | 655.00K | 503.00K | 564.58K | 646.01K | 978.80K | 2.41M | 3.06M | 2.75M | 2.49M | 1.50M | 449.13K | 179.23K | 103.74K | 15.08K |
| EBITDA | 1.06M | -6.42M | -4.55M | -591.00K | -4.83M | -12.48M | -1.41M | -7.24M | -1.43M | -2.16M | -3.05M | -2.48M | -1.27M | -1.48M | -305.00K | -3.94M | -3.57M | -3.92M | 6.19M | 11.54M | -6.89M | -5.57M | -8.04M | -3.16M | -1.38M | -989.17K | -1.03M |
| EBITDA Ratio | 2.44% | -48.07% | -43.24% | -4.32% | -109.11% | -114.20% | -64.22% | -35.79% | -8.65% | -26.47% | -107.14% | -10.53% | -12.62% | -29.47% | -8.06% | -154.90% | -152.51% | -116.71% | 94.59% | 181.16% | -159.38% | -187.07% | -790.72% | -2,073.36% | -2,885.30% | -151,371,959.93% | -142,742,904.72% |
| Operating Income | 1.20M | -7.27M | -7.28M | -3.90M | -7.06M | -10.19M | -4.70M | -8.42M | -3.28M | -4.08M | -4.66M | -2.91M | -1.98M | -2.14M | -808.00K | -4.50M | -4.22M | -4.90M | 3.77M | 8.48M | -9.64M | -8.06M | -9.54M | -3.61M | -1.55M | -1.09M | -1.05M |
| Operating Income Ratio | 2.77% | -46.54% | -73.35% | -28.52% | -159.49% | -180.93% | -206.73% | -43.12% | -19.79% | -55.06% | -163.83% | -29.57% | -19.33% | -42.51% | -21.36% | -177.12% | -180.08% | -145.83% | 57.66% | 133.09% | -222.90% | -270.89% | -938.38% | -2,368.12% | -3,261.33% | -167,246,851.42% | -144,825,152.61% |
| Total Other Income/Expenses | -3.36M | -1.23M | -256.00K | -1.09M | -1.90M | -3.41M | 4.07M | -1.24M | 573.00K | 631.00K | 95.00K | -958.00K | -11.00K | -249.39K | 231.00K | 746.20K | -979.45K | -3.24M | -10.53M | -16.94M | -208.04K | -1.89M | 2.41M | 2.11M | 88.59K | 46.00K | -283.56K |
| Income Before Tax | -2.16M | -9.21M | -7.53M | 1.11M | -2.84M | -10.17M | -4.65M | -8.61M | -2.71M | -3.45M | -4.56M | -3.87M | -2.00M | -2.38M | -577.00K | -4.11M | -4.92M | -7.94M | -6.75M | -8.46M | -9.84M | -9.95M | -7.13M | -1.50M | -1.47M | -1.05M | -1.33M |
| Income Before Tax Ratio | -4.98% | -58.97% | -75.93% | 8.14% | -64.13% | -180.58% | -204.57% | -44.10% | -16.33% | -46.54% | -160.49% | -39.29% | -19.44% | -47.36% | -15.26% | -161.92% | -210.09% | -236.48% | -103.28% | -132.89% | -227.71% | -334.29% | -701.25% | -982.10% | -3,075.46% | -160,207,048.53% | -183,988,067.29% |
| Income Tax Expense | -679.00K | 2.29M | -6.60M | -6.10M | -6.11M | -6.11M | 16.52M | 177.00K | 487.00K | 604.00K | 338.00K | 965.00K | 389.00K | -29.00K | -428.00K | -159.70K | -282.75K | -365.93K | -432.20K | 16.68M | 31.84K | 42.21K | 36.75K | 21.96K | -149.93K | -202.83K | -119.38K |
| Net Income | -1.48M | -9.21M | -7.53M | 1.11M | -2.84M | -22.66M | -21.17M | -8.79M | -3.19M | -3.45M | -4.56M | -3.87M | -2.00M | -2.35M | -577.00K | -3.95M | -4.64M | -7.94M | -6.32M | -8.46M | -9.88M | -9.99M | -7.17M | -1.52M | -1.32M | -844.07K | -1.21M |
| Net Income Ratio | -3.41% | -58.97% | -75.93% | 8.14% | -64.13% | -402.22% | -930.73% | -45.00% | -19.27% | -46.54% | -160.49% | -39.29% | -19.44% | -46.79% | -15.26% | -155.64% | -198.02% | -236.48% | -96.67% | -132.89% | -228.45% | -335.71% | -704.86% | -996.51% | -2,760.91% | -129,167,674.11% | -167,501,035.83% |
| EPS | -0.04 | -1.57 | -0.27 | 0.05 | -0.13 | -1.15 | -1.20 | -0.52 | -0.20 | -0.24 | -0.32 | -0.27 | -0.14 | -0.17 | -0.04 | -0.28 | -0.33 | -0.57 | -0.45 | -0.61 | -0.71 | -0.72 | -0.68 | -0.14 | -0.12 | -0.12 | -0.11 |
| EPS Diluted | -0.04 | -1.57 | -0.27 | 0.05 | -0.13 | -1.15 | -1.20 | -0.52 | -0.20 | -0.24 | -0.32 | -0.27 | -0.14 | -0.17 | -0.04 | -0.28 | -0.33 | -0.57 | -0.45 | -0.61 | -0.71 | -0.72 | -0.68 | -0.14 | -0.12 | -0.12 | -0.11 |
| Weighted Avg Shares Out | 33.83M | 5.87M | 27.98M | 23.93M | 21.40M | 19.73M | 17.64M | 16.76M | 15.86M | 14.51M | 14.19M | 14.19M | 14.19M | 14.10M | 13.96M | 13.92M | 13.92M | 13.92M | 13.92M | 13.91M | 13.91M | 13.91M | 10.55M | 10.89M | 10.89M | 7.13M | 10.88M |
| Weighted Avg Shares Out (Dil) | 33.83M | 5.87M | 27.98M | 23.93M | 21.40M | 19.73M | 17.64M | 16.76M | 15.86M | 14.51M | 14.19M | 14.19M | 14.19M | 14.10M | 13.96M | 13.92M | 13.92M | 13.92M | 13.92M | 13.91M | 13.91M | 13.91M | 10.55M | 10.89M | 10.89M | 7.13M | 10.88M |
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