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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)

  • Electrovaya Inc. announced preliminary unaudited revenue for Q4 & FY2025 ending September 30, 2025, beating internal guidance by over 5%
  • Q4 FY2025 revenue exceeded $20 million, marking a quarterly record with approximately 72% year-over-year growth
  • Full year FY2025 revenue reached approximately $64 million, representing a 43% annual growth rate
  • Quarterly deliveries included core material handling battery systems, initial robotic battery products, battery modules for a major Japanese construction vehicle OEM, & multiple robotic application customers
  • The Company plans to release full audited financial statements for fiscal 2025 in the first half of December 2025
  • Preliminary results are based on management estimates & are subject to change following final audit procedures
  • Electrovaya is a lithium-ion battery technology company headquartered in Ontario, Canada, with operations in the US & plans for a gigafactory in New York