Electrovaya: Profits Are Here And A 2X Is More Realistic

Core Insights - Electrovaya (ELVA) is showing signs of profitability, indicating a potential new upward trajectory for the company [1] Group 1: Company Performance - Sustained profitability is highlighted as a key driver of returns, characterized by strong margins, stable and expanding free cash flow, and high returns on invested capital [1] - The company is positioned within a long-term investment strategy focused on undervalued growth stocks and high-quality dividend growers [1] Group 2: Investment Strategy - The investment approach emphasizes the importance of profitability over valuation alone, suggesting a more reliable basis for investment decisions [1] - The management of portfolios is conducted publicly on eToro, allowing for real-time investment decisions to be copied by others [1]