Re: Probably for the better they don't take on more debt yet
posted on
Aug 07, 2024 12:13PM
(Edit this message through the "fast facts" section)
Yes, The ecomomy manifests it's self in many ways. The thing is Electrovaya is "Profitable" & "Growing" increasing revenue quarter over quarter. There are not many if any other NA battery companies that can say the same. With good gross margins and a list of prospective customers (especially those waiting on the UL cert of the LFP cell and module), what else could you ask for in this economy. Just look at the stock market mess. As long as Electrovaya stays profitable and growing, I am happy.