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Posted by
Two Blokes May 20, 2025 -
Filed in
Stock
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Lithium-ion battery system manufacturer Electrovaya reported Q2/FY2025 results largely in line with expectations. While Adjusted EBITDA reached a new all-time high, unfavorable working capital movements resulted in substantially negative free cash flow. Due to recently imposed tariffs, the company had to pull forward the start-up of assembly operations at its new U.S. facility.
