Quick Answer
Electrovaya Inc. reported revenue of $63.83 million for fiscal year 2025, reported under IFRS on Form 20-F.
Reported under IFRS (SEC Form 20-F). Figures are shown in USD where the company provided them, otherwise in its reporting currency — each value exactly as filed with the SEC, not converted.
Electrovaya Inc. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $63.83M +43.1% |
$44.62M +1.3% |
$44.06M +170.8% |
$16.27M | — |
| Gross Profit | $19.72M +44.1% |
$13.69M +15.5% |
$11.86M +206.0% |
$3.87M | — |
| Net Income | $3.36M +326.5% |
-$1.49M -0.4% |
-$1.48M +83.9% |
-$9.21M | — |
| Total Assets | $63.93M +61.9% |
$39.48M +8.1% |
$36.51M +64.6% |
$22.19M | — |
| Total Equity | $31.13M +262.6% |
$8.59M +20.1% |
$7.15M +206.5% |
-$6.71M -315969.7% |
-$2.1K |
| Operating Cash Flow | $1.72M +65.4% |
$1.04M +21475.6% |
-$4.9K +45.0% |
-$8.8K | — |
| R&D Expense | — | — | $3.38M -1.5% |
$3.43M | — |
- Electrovaya Inc. reported revenue of $63.83 million for fiscal year 2025.
- That is an increase of +43.1% versus the prior fiscal year.
- Electrovaya Inc. reported gross profit of $19.72 million for fiscal year 2025.
- That is an increase of +44.1% versus the prior fiscal year.
- Electrovaya Inc. reported net income of $3.36 million for fiscal year 2025.
- That is an increase of +326.5% versus the prior fiscal year.
- Electrovaya Inc. reported total assets of $63.93 million for fiscal year 2025.
- That is an increase of +61.9% versus the prior fiscal year.
- Electrovaya Inc. reported total equity of $31.13 million for fiscal year 2025.
- That is an increase of +164.0% versus the prior fiscal year.
- Electrovaya Inc. reported operating cash flow of $1.72 million for fiscal year 2025.
- That is an increase of +65.4% versus the prior fiscal year.
- Electrovaya Inc. reported r&d expense of $3.38 million for fiscal year 2023.
- That is a decrease of -1.5% versus the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 19, 2026.
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