Aaron Martin's questions to Electrovaya Inc (ELVA) leadership • Q2 2025
Question
Asked about the status of orders delayed from FY2024, the pipeline for FY2026, the short-term impact of tariffs on gross margins, and whether price increases have been passed to customers.
Answer
Delayed orders are being fulfilled or replaced by new ones, with one pushed to 2026 without impacting FY2025 guidance. The FY2026 pipeline is building strongly with significant orders already in hand. Short-term tariff impacts on costs are being offset by supply chain optimization, allowing margins to be maintained without passing on price increases.