Electrovaya Announces Estimated Preliminary Unaudited Q4 FY2025 Revenues at $20 million(1) and Full Year FY2025 Revenue at $64 million(1)

Executive Summary

• Electrovaya reports record Q4 FY2025 revenue exceeding $20 million, a ~72% YoY increase and surpassing internal guidance by >5%.
• Full‑year FY2025 revenue is estimated at approximately $64 million, a 43% YoY growth and the company’s highest annual revenue to date.
• The preliminary figures are unaudited and subject to change pending year‑end close and audit; audited results are expected in early December 2025.

Key Details

• Q4 FY2025 Revenue: > $20 million (record quarter, ~72% YoY growth).
• Revenue Sources: Primarily battery systems for material‑handling sector; also deliveries of battery modules to a major construction vehicle OEM in Japan and multiple robotic‑application customers.
• FY2025 Revenue Estimate: Approximately $64 million (record annual revenue, ~43% YoY growth).
• Guidance Beat: Internal guidance exceeded by >5% for both quarter and year.
• Audit Timeline: Full audited financial statements to be released in the first half of December 2025.
• Forward‑Looking Statements: Results are preliminary, unaudited, and may differ materially after audit; includes typical risk disclosures.

Notable Quotes

(No direct CEO/President quotes were provided in the release.)