Added to YB: 2026-08-04
Pitch date: 2026-08-01
ELVA [neutral]
Electrovaya Inc.
Author Info
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Company Info
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.
Market Cap
CAD 407.6M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.01
P/E
78.18
EV/Sales
5.92
Sector
Electrical Equipment
Category
turnaround
The Turnarounds - Electrovaya (ELVA)
ELVA (holding update): +13.5% since 3/30/26 add @$7.24. Rallied ~50% on July 15 Amazon deal (~$20M/yr customer) — 10yr commercial pact + warrants on 13.9M shares vesting vs $280M cumulative purchases. Cross-selling into robotics, defense, data centers, energy storage; FY27 rev target >$100M. July 30 launched ElvaPulse 1500 data center storage (2.88MWh, 7MW/container), FEOC-compliant moat vs Chinese supply, ships Q2 2027, ITC-eligible. Risk: concentration + dilution. Stays Turnaround bucket until revenue materializes.
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