Electrovaya pegs fiscal 2025 revenue at $64M (U.S.)

Executive Summary

• Electrovaya reports preliminary unaudited Q4 FY 2025 revenue exceeding $20 million, a quarterly record and ~72% YoY growth.
• Full‑year FY 2025 revenue is estimated at $64 million, an annual record with ~43% YoY growth.
• The company will file audited FY 2025 financial statements in the first half of December 2025.

Key Details

• Q4 FY 2025 Revenue: > $20 M (record quarter), driven primarily by battery system deliveries to material‑handling customers, plus battery modules for a Japanese construction‑vehicle OEM and multiple robotic applications.
• Full‑Year FY 2025 Revenue: ≈ $64 M (record year), reflecting ~43% YoY increase.
• Growth Metrics: 72% quarterly YoY growth; 43% annual YoY growth.
• Revenue Sources: Majority from material‑handling sector battery systems; additional contributions from construction‑vehicle OEM in Japan and robotic application customers.
• Future Reporting: Audited FY 2025 financial statements expected in the first half of December 2025.

Notable Quotes

(No direct quotes were provided in the release.)