ELVA: Electrovaya Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Electrovaya Inc (ELVA).
$79.53M Market Cap.
ELVA Market Cap. (MRY)
ELVA Shares Outstanding (MRY)
ELVA Assets (MRY)
Total Assets
$39.48M
Total Liabilities
$30.90M
Total Investments
$0
ELVA Income (MRY)
Revenue
$44.62M
Net Income
-$1.49M
Operating Expense
$12.96M
ELVA Cash Flow (MRY)
CF Operations
$3.29M
CF Investing
-$666.00K
CF Financing
-$629.00K
ELVA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $39,482,000 (8.13%) | $36,514,000 (101.95%) | $18,081,000 (20.73%) | $14,977,000 |
Assets Current | $29,418,000 (13.56%) | $25,906,000 (65.21%) | $15,681,000 (30.37%) | $12,028,000 |
Assets Non-Current | $10,064,000 (-5.13%) | $10,608,000 (342.00%) | $2,400,000 (-18.62%) | $2,949,000 |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Shareholders Equity | $8,585,000 (20.14%) | $7,146,000 (220.73%) | -$5,919,000 (-249.00%) | -$1,696,000 |
Property Plant & Equipment Net | $9,202,000 (-9.33%) | $10,149,000 (338.97%) | $2,312,000 (-19.44%) | $2,870,000 |
Cash & Equivalents | $781,000 (-24.32%) | $1,032,000 (64.86%) | $626,000 (-85.10%) | $4,202,000 |
Accumulated Other Comprehensive Income | $5,792,000 (-32.50%) | $8,581,000 (-36.39%) | $13,491,000 (1.10%) | $13,344,000 |
Deferred Revenue | $0 (0%) | $0 (0%) | $70,000 (-93.03%) | $1,004,000 |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Inventory | $9,698,000 (17.32%) | $8,266,000 (84.63%) | $4,477,000 (-4.05%) | $4,666,000 |
Trade & Non-Trade Receivables | $11,292,000 (6.42%) | $10,611,000 (58.78%) | $6,683,000 (398.36%) | $1,341,000 |
Trade & Non-Trade Payables | $9,803,000 (12.01%) | $8,752,000 (92.86%) | $4,538,000 (18.30%) | $3,836,000 |
Accumulated Retained Earnings (Deficit) | -$129,244,000 (0.92%) | -$130,450,000 (2.41%) | -$133,675,000 (-5.15%) | -$127,128,000 |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Debt | $20,926,000 (9.96%) | $19,031,000 (0.27%) | $18,979,000 (66.70%) | $11,385,000 |
Debt Current | $18,903,000 (13.24%) | $16,693,000 (-0.30%) | $16,744,000 (90.66%) | $8,782,000 |
Debt Non-Current | $2,023,000 (-13.47%) | $2,338,000 (4.61%) | $2,235,000 (-14.14%) | $2,603,000 |
Total Liabilities | $30,897,000 (5.21%) | $29,368,000 (22.37%) | $24,000,000 (43.95%) | $16,673,000 |
Liabilities Current | $28,531,000 (7.22%) | $26,611,000 (24.52%) | $21,371,000 (58.86%) | $13,453,000 |
Liabilities Non-Current | $2,366,000 (-14.18%) | $2,757,000 (4.87%) | $2,629,000 (-18.35%) | $3,220,000 |
ELVA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $44,615,000 (1.26%) | $44,059,000 (122.26%) | $19,823,000 (71.12%) | $11,584,000 |
Cost of Revenue | $30,926,000 (-3.97%) | $32,203,000 (116.90%) | $14,847,000 (93.83%) | $7,660,000 |
Selling General & Administrative Expense | $6,874,000 (23.10%) | $5,584,000 (45.57%) | $3,836,000 (-2.42%) | $3,931,000 |
Research & Development Expense | $3,038,000 (-10.17%) | $3,382,000 (-13.26%) | $3,899,000 (-14.40%) | $4,555,000 |
Operating Expenses | $12,960,000 (21.66%) | $10,653,000 (13.70%) | $9,369,000 (9.80%) | $8,533,000 |
Interest Expense | $2,366,000 (0%) | $0 (0%) | $2,700,000 (1.16%) | $2,669,000 |
Income Tax Expense | $0 (0%) | -$679,000 (0%) | $0 (0%) | $0 |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Consolidated Income | -$1,485,000 (-0.41%) | -$1,479,000 (77.41%) | -$6,547,000 (13.10%) | -$7,534,000 |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income | -$1,485,000 (-0.41%) | -$1,479,000 (77.41%) | -$6,547,000 (13.10%) | -$7,534,000 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | -$1,485,000 (-0.41%) | -$1,479,000 (77.41%) | -$6,547,000 (13.10%) | -$7,534,000 |
Weighted Average Shares | $34,012,383 (0.53%) | $33,832,784 (15.29%) | $29,344,623 (4.88%) | $27,978,771 |
Weighted Average Shares Diluted | $34,012,383 (0.53%) | $33,832,784 (15.29%) | $29,344,623 (4.88%) | $27,978,771 |
Earning Before Interest & Taxes (EBIT) | $881,000 (140.82%) | -$2,158,000 (43.90%) | -$3,847,000 (20.92%) | -$4,865,000 |
Gross Profit | $13,689,000 (15.46%) | $11,856,000 (138.26%) | $4,976,000 (26.81%) | $3,924,000 |
Operating Income | $729,000 (-39.40%) | $1,203,000 (127.38%) | -$4,393,000 (4.69%) | -$4,609,000 |
ELVA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$666,000 (26.25%) | -$903,000 (-113.48%) | -$423,000 (24.46%) | -$560,000 |
Net Cash Flow from Financing | -$629,000 (-110.14%) | $6,201,000 (-34.84%) | $9,516,000 (-12.83%) | $10,916,000 |
Net Cash Flow from Operations | $3,293,000 (14.14%) | $2,885,000 (160.71%) | -$4,752,000 (13.85%) | -$5,516,000 |
Net Cash Flow / Change in Cash & Cash Equivalents | -$251,000 (-161.82%) | $406,000 (111.35%) | -$3,576,000 (-216.18%) | $3,078,000 |
Net Cash Flow - Business Acquisitions and Disposals | - | $0 (0%) | $0 (0%) | $0 |
Net Cash Flow - Investment Acquisitions and Disposals | -$541,000 (-35.93%) | -$398,000 (0%) | $0 (0%) | $0 |
Capital Expenditure | -$125,000 (75.25%) | -$505,000 (-930.61%) | -$49,000 (91.25%) | -$560,000 |
Issuance (Repayment) of Debt Securities | -$760,000 (84.36%) | -$4,859,000 (-155.59%) | $8,741,000 (531.02%) | -$2,028,000 |
Issuance (Purchase) of Equity Shares | $0 (0%) | $7,167,000 (818.85%) | $780,000 (-93.97%) | $12,939,000 |
Payment of Dividends & Other Cash Distributions | - | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | $6,000 (116.67%) | -$36,000 (95.78%) | -$854,000 (-201.91%) | $838,000 |
Share Based Compensation | $2,155,000 (84.66%) | $1,167,000 (-14.06%) | $1,358,000 (151.02%) | $541,000 |
Depreciation Amortization & Accretion | $1,209,000 (33.30%) | $907,000 (127.32%) | $399,000 (25.08%) | $319,000 |
ELVA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 30.70% (14.13%) | 26.90% (7.17%) | 25.10% (-25.96%) | 33.90% |
Profit Margin | -3.30% (2.94%) | -3.40% (89.70%) | -33.00% (49.23%) | -65.00% |
EBITDA Margin | 4.70% (267.86%) | -2.80% (83.91%) | -17.40% (55.61%) | -39.20% |
Return on Average Equity (ROAE) | -18.90% (97.20%) | -673.80% (-491.74%) | 172.00% | - |
Return on Average Assets (ROAA) | -3.90% (22.00%) | -5.00% (87.37%) | -39.60% | - |
Return on Sales (ROS) | 2.00% (140.82%) | -4.90% (74.74%) | -19.40% (53.81%) | -42.00% |
Return on Invested Capital (ROIC) | 3.00% (134.88%) | -8.60% (73.46%) | -32.40% | - |
Dividend Yield | 0% (0%) | 0% | - | - |
Price to Earnings Ratio (P/E) | -58.25 (17.67%) | -70.75 | - | - |
Price to Sales Ratio (P/S) | 1.78 (-18.27%) | 2.17 | - | - |
Price to Book Ratio (P/B) | 9.26 (-29.06%) | 13.06 | - | - |
Debt to Equity Ratio (D/E) | 3.6 (-12.43%) | 4.11 (201.36%) | -4.05 (58.75%) | -9.83 |
Earnings Per Share (EPS) | -0.04 (0.00%) | -0.04 (80.00%) | -0.2 (20.00%) | -0.25 |
Sales Per Share (SPS) | 1.31 (0.77%) | 1.3 (92.60%) | 0.68 (63.29%) | 0.41 |
Free Cash Flow Per Share (FCFPS) | 0.09 (32.86%) | 0.07 (142.68%) | -0.16 (24.42%) | -0.22 |
Book Value Per Share (BVPS) | 0.25 (19.43%) | 0.21 (204.46%) | -0.2 (-231.15%) | -0.06 |
Tangible Assets Book Value Per Share (TABVPS) | 1.16 (7.60%) | 1.08 (75.16%) | 0.62 (15.14%) | 0.54 |
Enterprise Value Over EBIT (EV/EBIT) | 112 (315.38%) | -52 | - | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 47.37 (152.97%) | -89.43 | - | - |
Asset Turnover | 1.17 (-21.79%) | 1.5 (25.19%) | 1.2 | - |
Current Ratio | 1.03 (5.85%) | 0.97 (32.70%) | 0.73 (-17.90%) | 0.89 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | $3,168,000 (33.11%) | $2,380,000 (149.57%) | -$4,801,000 (20.98%) | -$6,076,000 |
Enterprise Value (EV) | $99,001,604 (-11.51%) | $111,879,895 | - | - |
Earnings Before Tax (EBT) | -$1,485,000 (31.19%) | -$2,158,000 (67.04%) | -$6,547,000 (13.10%) | -$7,534,000 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $2,090,000 (267.07%) | -$1,251,000 (63.72%) | -$3,448,000 (24.15%) | -$4,546,000 |
Invested Capital | $31,096,000 (11.45%) | $27,902,000 (85.24%) | $15,063,000 (73.00%) | $8,707,000 |
Working Capital | $887,000 (225.82%) | -$705,000 (87.61%) | -$5,690,000 (-299.30%) | -$1,425,000 |
Tangible Asset Value | $39,482,000 (8.13%) | $36,514,000 (101.95%) | $18,081,000 (20.73%) | $14,977,000 |
Market Capitalization | $79,532,604 (-14.77%) | $93,319,895 | - | - |
Average Equity | $7,865,500 (3483.37%) | $219,500 (105.76%) | -$3,807,500 | - |
Average Assets | $37,998,000 (29.46%) | $29,351,500 (77.58%) | $16,529,000 | - |
Invested Capital Average | $29,547,000 (18.40%) | $24,956,000 (109.98%) | $11,885,000 | - |
Shares | 34,134,165 (3.51%) | 32,975,228 (12.02%) | 29,437,372 | - |
