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Bullboard - Stock Discussion Forum Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the... see more

TSX:ELVA - Post Discussion

Electrovaya Inc > ELVA Q1 Revenue estimates and other comments
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Post by Stockholder2008 on Jan 25, 2024 2:24pm

ELVA Q1 Revenue estimates and other comments

It is so quite on this board.  I am patiently awaiting the Q1 revenue release.  My guess is about $11mil US.  If this years revenue was evenly divided between all 4 quarters, then 17.5mil would be forthcoming.  But revenue is going to be heavily weighted to the second half of the year.  That and the fact that Q1 is the low revenue quarter yeilds a guess of 11mil.  Revenue is supposed to be picking up a bit in the 3rd quarter with 4th quarter being the boomer.  It may surprise some just how much of an incentive payment will be forthcoming from the IRA (Inflation Recovery Act).  That should go right to the bottom line.
Any thoughts or comments?
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