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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Electrovaya Inc.    EFL   CA28617B1013

ELECTROVAYA INC.

(EFL)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 11/30 04:24:39 pm
1.72 CAD   -0.58%
10/06ELECTROVAYA : Reports Strong Revenue Growth
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09/18ELECTROVAYA : TMX Group, Electrovaya, C-Suite at The Open
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09/04ELECTROVAYA : Increases Credit Facility and Provides Business Update
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Electrovaya : Reports Strong Revenue Growth

10/06/2020 | 10:28am EST

Electrovaya Inc. ('Electrovaya' or the 'Company') (TSX: EFL; OTCQB: EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, announces preliminary and unaudited revenues for its fiscal fourth quarter and year ended September 30, 2020 ('Q4 FY2020' and 'FY 2020', respectively).

Preliminary unaudited revenue for Q4 FY2020 is $6.9 million(1) (C$9.1 million), approximately a 40% sequential increase in revenue over $4.8 million (C$6.5 million), in the fiscal third quarter ended June 30, 2020. The sequential revenue growth reflects continued strong demand for the Company's lithium ion batteries from customers in the electric forklift truck market. For FY 2020, preliminary unaudited revenue is $14.5 million(1) (C$19.2 million), a nearly three-fold increase from revenue of $4.9 million (C$6.5 million) in the 2019 fiscal year.

Contact:

Tel: 905-855-4618

Email: jroy@electrovaya.com

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about ELECTROVAYA INC.
10/06ELECTROVAYA : Reports Strong Revenue Growth
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09/18ELECTROVAYA : TMX Group, Electrovaya, C-Suite at The Open
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09/04ELECTROVAYA : Increases Credit Facility and Provides Business Update
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07/03ELECTROVAYA : Announces Increased Credit Facility and Provides Update
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More news
Financials (USD)
Sales 2020 13,9 M - -
Net income 2020 2,00 M - -
Net Debt 2020 - - -
P/E ratio 2020 66,5x
Yield 2020 -
Capitalization 172 M 173 M -
Capi. / Sales 2020 12,4x
Capi. / Sales 2021 3,32x
Nbr of Employees 37
Free-Float 57,2%
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Technical analysis trends ELECTROVAYA INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 1,49 $
Last Close Price 1,33 $
Spread / Highest target 12,0%
Spread / Average Target 12,0%
Spread / Lowest Target 12,0%
EPS Revisions
Managers
NameTitle
Sankar Das Gupta President, Chief Executive Officer & Director
Alexander McLean Chairman
Richard P. Halka Chief Financial Officer, Secretary & Executive VP
Bejoy Das Gupta Director
James K. Jacobs Director
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