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

Electrovaya Inc. is the larger business by last-quarter revenue ($17.1M vs $13.6M, roughly 1.3× OptimumBank Holdings, Inc.). OptimumBank Holdings, Inc. runs the higher net margin — 35.7% vs 5.3%, a 30.4% gap on every dollar of revenue. OptimumBank Holdings, Inc. produced more free cash flow last quarter ($16.9M 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.

OptimumBank Holdings, Inc. is a Florida-based bank holding company operating the local community bank OptimumBank. It offers retail and commercial banking products including deposit accounts, loans, mortgage services and wealth management, serving individual consumers and small-to-medium enterprises in southern Florida.

ELVA vs OPHC — Head-to-Head

Bigger by revenue
ELVA
ELVA
1.3× larger
ELVA
$17.1M
$13.6M
OPHC
Higher net margin
OPHC
OPHC
30.4% more per $
OPHC
35.7%
5.3%
ELVA
More free cash flow
OPHC
OPHC
$26.7M more FCF
OPHC
$16.9M
$-9.7M
ELVA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ELVA
ELVA
OPHC
OPHC
Revenue
$17.1M
$13.6M
Net Profit
$907.0K
$4.9M
Gross Margin
30.8%
Operating Margin
47.5%
Net Margin
5.3%
35.7%
Revenue YoY
32.0%
Net Profit YoY
22.9%
EPS (diluted)
$0.02
$-0.08

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
OPHC
OPHC
Q4 25
$13.6M
Q3 25
$13.0M
Q2 25
$17.1M
$12.1M
Q1 25
$10.7M
Q4 24
$10.3M
Q3 24
$10.1M
Q2 24
$9.9M
Q1 24
$9.0M
Net Profit
ELVA
ELVA
OPHC
OPHC
Q4 25
$4.9M
Q3 25
$4.3M
Q2 25
$907.0K
$3.6M
Q1 25
$3.9M
Q4 24
$3.9M
Q3 24
$3.3M
Q2 24
$3.5M
Q1 24
$2.4M
Gross Margin
ELVA
ELVA
OPHC
OPHC
Q4 25
Q3 25
Q2 25
30.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ELVA
ELVA
OPHC
OPHC
Q4 25
47.5%
Q3 25
43.5%
Q2 25
40.2%
Q1 25
48.8%
Q4 24
51.5%
Q3 24
44.0%
Q2 24
46.9%
Q1 24
35.9%
Net Margin
ELVA
ELVA
OPHC
OPHC
Q4 25
35.7%
Q3 25
33.2%
Q2 25
5.3%
29.8%
Q1 25
36.3%
Q4 24
38.3%
Q3 24
32.8%
Q2 24
35.2%
Q1 24
26.4%
EPS (diluted)
ELVA
ELVA
OPHC
OPHC
Q4 25
$-0.08
Q3 25
$0.18
Q2 25
$0.02
$0.29
Q1 25
$0.32
Q4 24
$-0.17
Q3 24
$0.15
Q2 24
$0.34
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
ELVA
ELVA
OPHC
OPHC
Cash + ST InvestmentsLiquidity on hand
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$22.3M
$121.9M
Total Assets
$53.9M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELVA
ELVA
OPHC
OPHC
Q4 25
Q3 25
Q2 25
$1.3M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ELVA
ELVA
OPHC
OPHC
Q4 25
$121.9M
Q3 25
$116.9M
Q2 25
$22.3M
$111.3M
Q1 25
$108.0M
Q4 24
$103.2M
Q3 24
$92.7M
Q2 24
$87.0M
Q1 24
$83.0M
Total Assets
ELVA
ELVA
OPHC
OPHC
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$53.9M
$999.1M
Q1 25
$977.5M
Q4 24
$932.9M
Q3 24
$945.2M
Q2 24
$899.8M
Q1 24
$940.6M

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
OPHC
OPHC
Operating Cash FlowLast quarter
$-7.3M
$17.8M
Free Cash FlowOCF − Capex
$-9.7M
$16.9M
FCF MarginFCF / Revenue
-56.8%
124.6%
Capex IntensityCapex / Revenue
14.1%
6.6%
Cash ConversionOCF / Net Profit
-8.06×
3.68×
TTM Free Cash FlowTrailing 4 quarters
$27.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELVA
ELVA
OPHC
OPHC
Q4 25
$17.8M
Q3 25
$1.9M
Q2 25
$-7.3M
$6.2M
Q1 25
$3.1M
Q4 24
$15.6M
Q3 24
$4.0M
Q2 24
$3.1M
Q1 24
$2.5M
Free Cash Flow
ELVA
ELVA
OPHC
OPHC
Q4 25
$16.9M
Q3 25
$1.9M
Q2 25
$-9.7M
$5.9M
Q1 25
$2.9M
Q4 24
$14.6M
Q3 24
$3.9M
Q2 24
$2.7M
Q1 24
$2.3M
FCF Margin
ELVA
ELVA
OPHC
OPHC
Q4 25
124.6%
Q3 25
14.7%
Q2 25
-56.8%
48.5%
Q1 25
26.8%
Q4 24
141.9%
Q3 24
38.3%
Q2 24
27.5%
Q1 24
25.4%
Capex Intensity
ELVA
ELVA
OPHC
OPHC
Q4 25
6.6%
Q3 25
0.0%
Q2 25
14.1%
2.5%
Q1 25
2.7%
Q4 24
9.6%
Q3 24
1.5%
Q2 24
3.6%
Q1 24
2.9%
Cash Conversion
ELVA
ELVA
OPHC
OPHC
Q4 25
3.68×
Q3 25
0.44×
Q2 25
-8.06×
1.71×
Q1 25
0.81×
Q4 24
3.95×
Q3 24
1.21×
Q2 24
0.89×
Q1 24
1.07×

Financial Flow Comparison

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

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