$ELVA

Electrovaya (ELVA) reported trailing 12-month revenue of $72M, adjusted EBITDA of $12M, and positive net income. The company highlighted 13 consecutive quarters of positive EBITDA and 6 of positive EPS. It is expanding into data centers, robotics, and defense, with a new manufacturing base in Jamestown, NY, expected to start production in 2027. Electrovaya's battery technology, featuring a ceramic separator, claims improved safety and extended cycle life. Management noted growth challenges in Eu

Electrovaya (ELVA) has begun Factory Acceptance Testing for its lithium-ion cell manufacturing equipment, a crucial step before production at its planned Jamestown, NY gigafactory. About 10 employees are involved in the testing, which is expected to conclude by early October 2026. The company aims to ship the equipment to Jamestown afterward for installation and further commissioning.

Electrovaya launched ElvaPulse 1500, a high-power battery storage system for data centers, with 2.88 MWh capacity and 9 MW power. CEO DasGupta highlights its rapid response for AI data centers. Cummins projects data center revenue to rise from $5B in 2026 to $9B by 2030, expanding its generator portfolio. Both companies aim to address growing power demands in the data center market.

Electrovaya said construction at its Jamestown, New York lithium-ion cell plant is on schedule, with a dry room completed and electrical and HVAC upgrades underway. The company will begin an eight-week factory acceptance test of a full cell assembly line at an equipment supplier in Korea in 7 to 10 days. Electrovaya expects the Jamestown capacity to support growth into energy storage, robotics and defense, and reported $13.1M unrestricted cash and $7.8M available under its bank facility.

Electrovaya Inc. reported Q3 2026 revenue of $17.7 million, attributing results to timing shifts. Management cited formalization of a long-term Amazon commercial agreement and launch of the ElvaPulse energy storage system. Gross margin was 34.9%. Fiscal 2026 normalized revenue guidance is $70M-$73M, with ElvaPulse deliveries targeted for Q2 2027.

Electrovaya (EVLO) reported fiscal Q3 2026 revenue of $17.7M, missing Wall Street estimates by over $3M, and lowered its full-year revenue outlook to $70M-$73M. CEO Raj DasGupta attributed the miss to delivery timing shifts. Q3 EBITDA rose to $3.7M (up 27%) and net profit was $0.3M. The company cited an Amazon agreement and ElvaPulse battery launch.

Electrovaya (NASDAQ: ELVA) reported Q3 adjusted EBITDA up 27% to a record $3.7M (20.7% of revenue). Net profit fell to $0.3M from $0.9M, while operating profit declined to $0.8M from $1.9M, citing higher SG&A and $1.8M non-cash stock-based comp. Nine-month revenue rose 18.5% to $51.3M and adjusted EBITDA rose 56% to $8.5M. The company also discussed an Amazon agreement, ElvaPulse 1500 launch and Jamestown progress.

Electrovaya Inc. (NASDAQ:ELVA, TSX:ELVA) reported Q3 FY2026 results for the quarter ended June 30, 2026. Revenue rose to $17.7M from $17.1M. Gross margin hit 34.9% and record adjusted EBITDA was $3.7M, up 27% YoY. The company also announced an Amazon commercial agreement and launched ElvaPulse 1500.

Simply Wall St reports Electrovaya’s fair value estimate rose to CA$13.99 from CA$12.55, citing updated assumptions including revenue growth (44.07% vs 42.30%) and net margin (15.05% vs 14.48%). Analyst target changes include Roth Capital to US$20, H.C. Wainwright to US$15, and Raymond James to US$22, linked to Amazon commercial progress and Jamestown facility updates.

Electrovaya (ELVA) shares rose after a July 2026 commercial agreement with Amazon, including performance-linked warrants. The article cites Q1 FY2026 revenue of $15.5M (+39% YoY) and FY2026 guidance above $83M. It also highlights Jamestown manufacturing scale-up, new high-rate/800V battery plans for robotics and data centers, and valuation metrics like forward P/E ~47x and EV/Sales ~6.97x.