Electrovaya Inc. (EFLVF) Q2 2021 Earnings Conference Call May 12, 2021 8:00 AM ET Company Participants Richard Halka - Executive Vice President and Chief Financial Officer Sankar Das Gupta - Co-Founder and Chief Executive Officer Conference Call Participants Craig Irwin - Roth Capital Partners Gianluca Tucci - Torrent Capital Operator Greetings and welcome to the Electrovaya Q2 2021 Financial Results Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will ...

Electrovaya Inc. (EFLVF) Q1 2021 Earnings Conference Call February 11, 2021 8:00 AM ET Company Participants Richard Halka - Executive Vice President & Chief Financial Officer Sankar Das Gupta - Chief Executive Officer Conference Call Participants Operator Greetings and welcome to the Electrovaya Q1 2021 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this con ...

Electrovaya Inc. (EFLVF) Q4 2020 Results Conference Call December 1, 2020 8:00 AM ET Company Participants Dr. Sankar Das Gupta - Chief Executive Officer Raj Dasgupta - VP of Technology and Business Development Richard Halka - Executive Vice President and Chief Financial Officer Conference Call Participants Devin Schilling - PI Financial Operator Greetings and welcome to the Electrovaya Quarter Four and Year End 2020 Financial Results and Conference Call. At this time, all participants are in a listen-only m ...

Electrovaya Inc. (EFLVF) Q3 2020 Earnings Conference Call July 21, 2020 8:00 AM ET Company Participants Richard Halka – Executive Vice President and Chief Financial Officer Sankar Das Gupta – Chief Executive Officer Conference Call Participants Ashok Kumar – ThinkEquity Bob McWhirter – Selective Asset Management Operator Greetings, and welcome to the Electrovaya Third Quarter 2020 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conferen ...

Financial Data and Key Metrics Changes - Revenue for Q2 2020 was $1.9 million, an increase of 55% compared to $1.3 million in Q2 2019, and a doubling from $900,000 in Q1 2020 [17] - Net loss was $1.1 million in Q2 2020, reduced from a net loss of $1.9 million in Q2 2019, primarily due to higher revenue and gross profit [18] - Total operating expenses were $2.3 million in Q2 2020, slightly up from $2.2 million in Q2 2019, including one-time costs related to relocation and COVID-19 [18] Business Line Data and Key Metrics Changes - The company doubled its revenue from the sequential December quarter, reaching C$2.7 million, with expectations to double again in the current quarter [12] - The operational challenges due to COVID-19 and relocation were overcome, with the new facility running well and positioned for scaling up production [10] Market Data and Key Metrics Changes - The company is now present in 31 locations across North America, with significant demand for its batteries from major clients, including Fortune 100 companies [13][25] - The demand for high-performance lithium-ion batteries is increasing across various sectors, including e-commerce, warehousing, and logistics [25] Company Strategy and Development Direction - The company is focusing on expanding sales through OEM channels, with a significant sales agreement with Raymond Corporation expected to drive growth in fiscal 2021 [26] - The company is also targeting direct sales, with major clients converting distribution centers to use Electrovaya's batteries [27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow sales and deliver value to shareholders, highlighting the transformative nature of the last quarter [29] - The company anticipates strong sequential growth continuing into the third and fourth quarters of fiscal 2020, with good visibility on revenue due to strong orders [19] Other Important Information - The company amended the terms of its C$15 million convertible debentures, allowing for a structured payment plan [21] - A secured C$4.5 million credit facility was closed, increasing the overall credit facility limit to C$11.5 million, enabling accelerated deliveries [23] Q&A Session Summary Question: Can you tell me either the price of the shares or the number of shares received for the loan conversion? - The shares were priced at $0.18 each, resulting in slightly more than 11 million shares being issued [31] Question: Can you talk about days sales outstanding and how quickly clients are paying? - Clients are paying promptly, typically within 30 to 45 days [32][33] Question: Can you provide more color on the one-time expenses related to the move and COVID-19? - One-time expenses are difficult to quantify but are estimated to be around 15% to 20% of overheads, with costs related to relocation and supply chain disruptions [35][39] Question: What is the current capacity of the existing plant? - The current plant can handle significant sales growth without capacity limitations, operating on a single shift [41] Question: How is progress going on securing sales in the cold storage market? - The company is shipping goods and has purchase orders from multiple cold storage clients, but cold storage is not expected to be the largest market segment [47]

Electrovaya Inc. (EFLVF) Q1 2020 Earnings Conference Call February 18, 2020 8:00 AM ET Company Participants Richard Halka – Executive Vice President and Chief Financial Officer Sankar Das Gupta – Chief Executive Officer Conference Call Participants Bob McWhirter – Selective Asset Management Operator Greetings, and welcome to the Electrovaya First Quarter 2020 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operato ...

Electrovaya Inc. (EFLVF) Q3 2019 Results Earnings Conference Call August 14, 2019 8:00 AM ET Company Participants Richard Halka - Executive Vice President and Chief Financial Officer Sankar Das Gupta - Co-Founder and Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to Electrovaya's Q3 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]. As a ...

Electrovaya Inc. (EFLVF) Q2 2019 Earnings Conference Call May 15, 2019 8:00 AM ET Company Participants Richard Halka – Executive Vice President and Chief Financial Officer Gitanjali Das Gupta – Vice President-Operations Conference Call Participants Craig Irwin – Roth Capital Ashok Kumar – ThinkEquity Operator Greetings, and welcome to the ElectrovayaÂ's Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host Richard Halka, Exec ...

Electrovaya Inc. (EFLVF) Q1 2019 Results Earnings Conference Call February 7, 2019 7:30 AM ET Company Participants Richard Halka - Executive Vice President and CFO Raj Das Gupta - Vice President of Business Development Conference Call Participants Operator Greetings, and welcome to the ElectrovayaÂ's Conference Call to discuss the financial results for the first quarter. [Operator Instructions]. As a reminder, this conference is being recorded. IÂ'd now like to turn the conference over to Richard Halka. Ric ...