Dragonfly Energy Holdings vs Electrovaya
Dragonfly Energy Holdings and Electrovaya are similar in size: $58.6m and $63.8m of revenue in their latest fiscal years. Electrovaya grew faster (43.1% against 15.8%). Electrovaya kept more of each dollar of sales as profit: a net margin of 5.3% against -119.3%. Electrovaya carries less debt relative to equity (0.1% against 171.5%).
| Latest fiscal year | Dragonfly Energy HoldingsDFLI, 2025 | ElectrovayaELVA, 2025 |
|---|---|---|
| Revenue | $58.6m | $63.8m |
| Revenue growth | 15.8% | 43.1% |
| Net income | −$69.9m | $3.4m |
| Operating margin | -39.5% | — |
| Net margin | -119.3% | 5.3% |
| Return on equity | — | 16.9% |
| Free cash flow | −$27.9m | — |
| Cash | $18.3m | — |
| Total debt | $19.8m | $23,000 |
| Debt to equity | 171.5% | 0.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 141 | — |
| Market value | $26.1m | $221m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |