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Side-by-side financial comparison of Electrovaya Inc. (ELVA) and First Bancorp, Inc (FNLC). Click either name above to swap in a different company.

First Bancorp, Inc is the larger business by last-quarter revenue ($25.8M vs $17.1M, roughly 1.5× Electrovaya Inc.). First Bancorp, Inc runs the higher net margin — 39.4% vs 5.3%, a 34.1% gap on every dollar of revenue. First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $-9.7M).

Electrovaya Inc. is a developer and manufacturer of Lithium-ion batteries and battery systems for the automotive, warehousing, autonomous guided vehicles, and energy storage applications. The company has operations in NY State and based in Ontario, Canada.

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

ELVA vs FNLC — Head-to-Head

Bigger by revenue
FNLC
FNLC
1.5× larger
FNLC
$25.8M
$17.1M
ELVA
Higher net margin
FNLC
FNLC
34.1% more per $
FNLC
39.4%
5.3%
ELVA
More free cash flow
FNLC
FNLC
$44.3M more FCF
FNLC
$34.6M
$-9.7M
ELVA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ELVA
ELVA
FNLC
FNLC
Revenue
$17.1M
$25.8M
Net Profit
$907.0K
$10.2M
Gross Margin
30.8%
Operating Margin
48.1%
Net Margin
5.3%
39.4%
Revenue YoY
17.5%
Net Profit YoY
39.7%
EPS (diluted)
$0.02
$0.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELVA
ELVA
FNLC
FNLC
Q4 25
$25.8M
Q3 25
$24.5M
Q2 25
$17.1M
$22.5M
Q1 25
$21.8M
Q4 24
$22.0M
Q3 24
$20.5M
Q2 24
$19.2M
Q1 24
$18.5M
Net Profit
ELVA
ELVA
FNLC
FNLC
Q4 25
$10.2M
Q3 25
$9.1M
Q2 25
$907.0K
$8.1M
Q1 25
$7.1M
Q4 24
$7.3M
Q3 24
$7.6M
Q2 24
$6.2M
Q1 24
$6.0M
Gross Margin
ELVA
ELVA
FNLC
FNLC
Q4 25
Q3 25
Q2 25
30.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ELVA
ELVA
FNLC
FNLC
Q4 25
48.1%
Q3 25
45.2%
Q2 25
43.7%
Q1 25
39.3%
Q4 24
39.5%
Q3 24
44.6%
Q2 24
38.8%
Q1 24
39.3%
Net Margin
ELVA
ELVA
FNLC
FNLC
Q4 25
39.4%
Q3 25
37.0%
Q2 25
5.3%
35.8%
Q1 25
32.5%
Q4 24
33.1%
Q3 24
36.9%
Q2 24
32.1%
Q1 24
32.5%
EPS (diluted)
ELVA
ELVA
FNLC
FNLC
Q4 25
$0.91
Q3 25
$0.81
Q2 25
$0.02
$0.72
Q1 25
$0.63
Q4 24
$0.66
Q3 24
$0.68
Q2 24
$0.55
Q1 24
$0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELVA
ELVA
FNLC
FNLC
Cash + ST InvestmentsLiquidity on hand
$1.3M
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$22.3M
$283.1M
Total Assets
$53.9M
$3.2B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELVA
ELVA
FNLC
FNLC
Q4 25
Q3 25
Q2 25
$1.3M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
ELVA
ELVA
FNLC
FNLC
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
Q1 24
$70.0M
Stockholders' Equity
ELVA
ELVA
FNLC
FNLC
Q4 25
$283.1M
Q3 25
$274.6M
Q2 25
$22.3M
$265.5M
Q1 25
$259.7M
Q4 24
$252.5M
Q3 24
$256.8M
Q2 24
$244.7M
Q1 24
$242.6M
Total Assets
ELVA
ELVA
FNLC
FNLC
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$53.9M
$3.2B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.1B
Q2 24
$3.1B
Q1 24
$3.0B
Debt / Equity
ELVA
ELVA
FNLC
FNLC
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELVA
ELVA
FNLC
FNLC
Operating Cash FlowLast quarter
$-7.3M
$37.8M
Free Cash FlowOCF − Capex
$-9.7M
$34.6M
FCF MarginFCF / Revenue
-56.8%
133.9%
Capex IntensityCapex / Revenue
14.1%
12.5%
Cash ConversionOCF / Net Profit
-8.06×
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELVA
ELVA
FNLC
FNLC
Q4 25
$37.8M
Q3 25
$12.9M
Q2 25
$-7.3M
$7.4M
Q1 25
$2.2M
Q4 24
$26.0M
Q3 24
$9.8M
Q2 24
$6.4M
Q1 24
$-1.5M
Free Cash Flow
ELVA
ELVA
FNLC
FNLC
Q4 25
$34.6M
Q3 25
$12.6M
Q2 25
$-9.7M
$7.2M
Q1 25
$828.0K
Q4 24
$24.6M
Q3 24
$9.6M
Q2 24
$6.3M
Q1 24
$-1.8M
FCF Margin
ELVA
ELVA
FNLC
FNLC
Q4 25
133.9%
Q3 25
51.4%
Q2 25
-56.8%
32.1%
Q1 25
3.8%
Q4 24
111.7%
Q3 24
47.0%
Q2 24
32.9%
Q1 24
-9.8%
Capex Intensity
ELVA
ELVA
FNLC
FNLC
Q4 25
12.5%
Q3 25
1.2%
Q2 25
14.1%
0.6%
Q1 25
6.2%
Q4 24
6.7%
Q3 24
0.5%
Q2 24
0.3%
Q1 24
1.8%
Cash Conversion
ELVA
ELVA
FNLC
FNLC
Q4 25
3.72×
Q3 25
1.42×
Q2 25
-8.06×
0.91×
Q1 25
0.31×
Q4 24
3.58×
Q3 24
1.29×
Q2 24
1.03×
Q1 24
-0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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