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Stock impact report

Electrovaya (TSX:ELVA) Is Up 23.1% After First Full Year of Profitability - What's Changed [Yahoo! Finance]

Electrovaya Inc. - Common Shares (ELVA) 
Company Research Source: Yahoo! Finance
This first full year of profitability, alongside improved earnings per share, highlights how Electrovaya's battery business is beginning to scale more efficiently. Next, we'll examine how Electrovaya's first full year of profitability reshapes its investment narrative and expectations for future growth. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 36 best rare earth metal stocks of the very few that mine this essential strategic resource. To own Electrovaya today, you need to believe its newly profitable lithium ion battery platform can keep scaling while justifying a high valuation multiple. The first full year of profitability helps, but the key near term catalyst remains execution on revenue growth and margin stability, while the biggest risk is that any stumble in demand, production ramp up, or costs could quickly p Show less Read more
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