Makes lithium-ion batteries for material handling electric vehicles.
Sep 2023Revenue $44.1M/yrExpenses $45.5M/yr
No trend
Figures by year
When will Electrovaya be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Sep 2023, revenue was $44.1M and expenses $45.5M.
| Fiscal year to | Revenue | Expenses | Net profit |
|---|---|---|---|
| Sep 2023 | $44.1M | $45.5M | −$1.48M |
| Sep 2022 | $16.3M | $25.5M | −$9.21M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.