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Electrovaya Financials

ELVA
Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2025 Currency USD FYE June

This page shows Electrovaya (ELVA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ELVA FY2025

Balance-sheet repair has improved near-term flexibility faster than earnings, leaving operations steadier but not yet cash-rich.

Across the last two valid operating years, net losses stayed near -$1.5M, yet operating cash flow moved from -$5.2M to positive, so cash conversion improved without a real earnings recovery. By FY2025, the current ratio reached 4.0x while cash was only $1.3M, indicating that the stronger short-term position came mainly from lower current obligations and more working capital outside cash.

Debt is no longer the main pressure point. Long-term debt fell to $1.6M and interest expense to $214K, so the weak bottom line cannot be explained mainly by financing costs. Equity rebuilding also mattered: equity rose from $8.6M to $22.3M while total liabilities changed little, which is balance-sheet strengthening rather than leverage-driven expansion.

Liquidity looks better on paper because inventory-heavy working capital grew from $9.7M to $12.1M. Cash was still only $1.3M, so a meaningful part of liquidity depends on converting stocked product into collections rather than relying on a large cash buffer.

Generated by Rhea from SEC filings [ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score pending refresh

We are recalculating Electrovaya's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue
N/A
EBITDA
N/A
Net Income
N/A
EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$1.3M
YoY+65.2%

Electrovaya held $1.3M in cash against $1.6M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

ELVA Income Statement

Metric Q4'25 Q1'25 Q4'24 Q1'24 Q1'23
Revenue $17.1M N/A $10.3M N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A
Net Income $907K N/A -$324K N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A

ELVA Balance Sheet

Metric Q4'25 Q1'25 Q4'24 Q1'24 Q1'23
Total Assets $53.9M+36.4% $39.5M N/A $36.5M+64.6% $22.2M
Current Assets $42.3M+43.7% $29.4M N/A $25.9M+75.2% $14.8M
Cash & Equivalents $1.3M+65.2% $781K N/A $1.0M+66.7% $600K
Inventory $12.1M+24.7% $9.7M N/A $8.3M+12.4% $7.4M
Accounts Receivable N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A
Total Liabilities $31.5M+2.1% $30.9M N/A $29.4M+1.6% $28.9M
Current Liabilities $10.5M-63.2% $28.5M N/A $26.6M+17.4% $22.7M
Long-Term Debt $1.6M-16.0% $1.9M N/A $2.3M+104508.5% $2K
Total Equity $22.3M+160.2% $8.6M+12.7% $7.6M+6.6% $7.1M+206.5% -$6.7M
Retained Earnings -$127.9M+1.0% -$129.2M N/A -$127.8M+0.9% -$129.0M

ELVA Cash Flow Statement

Metric Q4'25 Q1'25 Q4'24 Q1'24 Q1'23
Operating Cash Flow N/A $728K N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A
Investing Cash Flow N/A -$128K N/A N/A N/A
Financing Cash Flow N/A -$500K N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A

ELVA Financial Ratios

Metric Q4'25 Q1'25 Q4'24 Q1'24 Q1'23
Gross Margin N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A
Net Margin 5.3% N/A -3.1% N/A N/A
Return on Equity 4.1% N/A -4.3% N/A N/A
Return on Assets 1.7% N/A N/A N/A N/A
Current Ratio 4.03+3.0 1.03 N/A 0.97+0.3 0.65
Debt-to-Equity 0.07-0.1 0.22 N/A 0.33+0.3 -0.00
FCF Margin N/A N/A N/A N/A N/A

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Frequently Asked Questions

As of fiscal year 2025, Electrovaya (ELVA) had $1.3M in cash and equivalents against $1.6M in long-term debt.

Electrovaya (ELVA) had $53.9M in total assets as of fiscal year 2025, including both current and long-term assets.

Electrovaya (ELVA) had a current ratio of 4.03 as of fiscal year 2025, which is generally considered healthy.

Electrovaya (ELVA) had a debt-to-equity ratio of 0.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

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