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Electrovaya Announces Estimated Preliminary Unaudited Q4 FY2025 Revenues at $20 million(1) and Full Year FY2025 Revenue at $64 million(1)
Preliminary unaudited results indicate record quarterly and annual revenue, beating internal guid...
About this update from Electrovaya Inc.
[{"type":"text","content":"Electrovaya Announces Estimated Preliminary Unaudited Q4 FY2025 Revenues at $20 million(1) and Full Year FY2025 Revenue at $64 million(1) Preliminary unaudited results indicate record quarterly and annual revenue, beating internal guidance by over 5% and representing approximately 43% annual growthDeliveries in the quarter included core material handling battery system products in addition to initial deliveries of robotic battery products TORONTO, ON / ACCESS Newswire / October 6, 2025 / Electrovaya Inc. (\"Electrovaya\" or the \"Company\") (Nasdaq:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced its preliminary unaudited revenue for the Quarter (\"Q4\") and Fiscal Year (\"FY\") ending 30th September 2025. All figures in this updated are expressed in US dollars. Q4 FY2025 Revenue EstimateThe Company estimates the revenue for the quarter ended September 30th,2025, exceeded $20 million1, representing a quarterly record for the Company with approximately 72% year over year growth. This revenue was mostly derived from deliveries of battery systems for the material handling sector but also included deliveries of battery modules for a major construction vehicle OEM in Japan and multiple robotic application customers.Full Year FY2025 Revenue EstimateThe Company estimates the revenue for the year ended September 30th, 2025, was approximately $64 million 1, representing an annual record for the Company with approximately 43% year over year growth.Electrovaya expects to release its full audited financial statements for fiscal 2025 in the first half of December 2025 and each of these items will be described in further detail.The preliminary results set forth above are based on an initial review of the Company's operations for the quarter and year ended September 30, 2025, and are subject to change. Actual results could differ from these preliminary results following the completion of year-end closing procedures, final adjustments that may result from the completion of the audit of the Company's financial statements and other developments arising between now and the time that the Company's financial results are finalized, and such changes could be material. The Company's expectations with respect to its unaudited results for the fiscal year ended September 30, 2025, are based upon management estim...