Added to YB: 2026-10-05
Pitch date: 2026-10-01
ELVA [neutral]
Electrovaya Inc.
-17.85%
current return
Author Info
Microcap Opportunities is a community dedicated to finding the best opportunities in the MicroCap space for US and Canadian listings primarily. Sign up for the newsletter.
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 327.5M
Pitch Price
CAD 9.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
43.34
P/E
69.96
EV/Sales
4.95
Sector
Electrical Equipment
Category
growth
Multibaggers, Turnarounds and Steady Eddies — September 2026 - Electrovaya Inc.
ELVA (hold): Jamestown’s execution is central: management claims $150-$200M of incremental annual capacity against roughly $71M of current revenue, while the investment case assumes $10-$25M of Jamestown-associated FY27 revenue and full capacity only in 2028 or later. Shares rose 28.5% from the $7.24 entry to $9.30. A $50.8M EXIM loan and roughly $10.5M annual 45X credit at full output support expansion, but repeated shipment delays to Q2 2027 leave credibility at risk.
Read full article (2 min)