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Electrovaya Reports Q1 Fiscal Year 2025 Results

1. Electrovaya reported Q1 2025 revenue of $11.2M and positive EBITDA. 2. Company reaffirms FY2025 revenue guidance exceeding $60M due to strong order pipeline.

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Why Bullish?

Positive revenue and EBITDA figures indicate strong financial health for ELVA, likely boosting investor confidence.

How important is it?

The article highlights key financial metrics and future growth plans, significantly impacting ELVA investors.

Why Long Term?

Sustained profitability and growth projections suggest continued investor interest over the longer term.

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NASDAQ:ELVATSX:ELVA
Revenue of $11.2M and Positive Adjusted EBITDA for Seventh Consecutive Quarter Strengthened Balance Sheet and improved financial position Significant Progress in Closing EXIM and Bank Financing to support US Manufacturing Expansion and Overall Growth Plans Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline TORONTO, ONTARIO / ACCESS Newswire / February 13, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the first quarter of the fiscal year ending September 30, 2025 ("Q1 2025"). All dollar amounts are in U.S. dollars unless otherwise noted.

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