Electrovaya Reports Fiscal Year 2025 Results

Core Insights - The company achieved its first profitable year with a record revenue of $63.8 million, representing a 43% year-over-year increase [1] - Adjusted EBITDA reached $8.8 million, up 115% year-over-year, and net profit was $3.3 million, equating to $0.09 per share [1] - The balance sheet was strengthened through strong operational performance, equity issuances, and expanded financial flexibility via new $25 million BMO and $51 million EXIM facilities [1] Financial Performance - Revenue for the fiscal year ended September 30, 2025, was reported at $63.8 million, marking a significant increase of 43% compared to the previous year [1] - Adjusted EBITDA for the same period was $8.8 million, reflecting a substantial growth of 115% year-over-year [1] - The company reported a net profit of $3.3 million, translating to earnings of $0.09 per share [1] Operational Developments - The company launched new products in the areas of robotics, ground support equipment (GSE), and energy storage [1] - The manufacturing buildout in Jamestown is progressing, indicating expansion in production capabilities [1] - Commercial shipments are expanding, suggesting an increase in market penetration and sales volume [1]