Electra Battery Materials Corp
ELBM Nasdaq Mining & Quarrying Of Nonmetallic Minerals (No Fuels) Financials FY2021โFY2025
What Electra Battery Materials Corp does
No business description yet.
- Legal name
- Electra Battery Materials Corp
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Mar 30, 2026
- Accession ยท CIK
- 0001171843-26-001993
0001907184
Revenue and margins
Electra Battery Materials Corp had โ$7.7M of revenue in fiscal 2025.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ$14.6M in fiscal 2025, 190.1% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Electra Battery Materials Corp returned โ to shareholders in fiscal 2025. The diluted share count rose 125.2%.
Balance sheet
Cash, debt and the ratios that show how comfortably Electra Battery Materials Corp can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $46.1M | $5.9M | $5.7M | $2.6M | $28.5M |
| Debt incl. finance leases | โ | โ | $3.2M | $5.4M | โ |
| Debt / equity | โ | โ | 0.1x | 0.1x | โ |
| Current ratio | 13.2x | 0.2x | 0.2x | 0.1x | 0.5x |
| Quick ratio | 13.2x | 0.2x | 0.2x | 0.1x | 0.5x |
| Total assets | $132M | $139M | $112M | $105M | $136M |
| Total liabilities | $53.2M | $45.1M | $49.4M | $60.6M | $102M |
| Shareholders' equity | $78.7M | $93.4M | $62.9M | $44.7M | $33.8M |
| Net debt (โ = net cash) | โ | โ | โ$2.5M | $2.9M | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 4 / 7 | 1 / 7 | 3 / 8 | 2 / 7 |
| Accruals ratio | โ10.9% | 16.1% | โ24.6% | โ8.3% | โ69.8% |
| Altman Z'' | โ | โ | โ | โ | โ |
5 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | โ$0.2M | $0.3M | โ$6.0M | โ$5.3M | โ$7.7M |
| Net interest income | โ$0.2M | $0.3M | โ$6.0M | โ$5.3M | โ$7.7M |
| Interest expense | โ | โ | $22.8M | โ | โ |
| Pretax income | โ$27.9M | $9.6M | $47.9M | $21.5M | โ$95.5M |
| Income tax | โ | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | โ$27.9M | $9.6M | โ$47.9M | โ$21.5M | โ$95.5M |
| Diluted EPS | โ$1.01 | โ$1.14 | โ$4.42 | โ$1.51 | โ |
| Diluted shares | 0.03B | 0.01B | 0.01B | 0.01B | 0.03B |
| Cash flow | |||||
| Cash from operations | โ$13.5M | โ$12.2M | โ$17.1M | โ$12.4M | โ$11.4M |
| Capital expenditure | $1.6M | $36.6M | $10.2M | $0.4M | $3.2M |
| Free cash flow | โ$15.0M | โ$48.7M | โ$27.2M | โ$12.8M | โ$14.6M |
| Stock-based compensation | $0.6M | $1.0M | $1.3M | $1.3M | $1.2M |
| Balance sheet | |||||
| Cash and short-term investments | $46.1M | $5.9M | $5.7M | $2.6M | $28.5M |
| Total debt | โ | โ | $3.2M | $5.4M | โ |
| Current assets | $48.7M | $10.0M | $8.0M | $4.0M | $29.6M |
| Current liabilities | $3.7M | $40.0M | $42.4M | $50.0M | $64.4M |
| Property and equipment, net | $8.2M | $60.8M | $38.7M | โ | โ |
| Total assets | $132M | $139M | $112M | $105M | $136M |
| Total liabilities | $53.2M | $45.1M | $49.4M | $60.6M | $102M |
| Shareholders' equity | $78.7M | $93.4M | $62.9M | $44.7M | $33.8M |
| Margins | |||||
| Net margin | 18,276.2% | 3,825.8% | 793.7% | 404.8% | 1,243.7% |
| FCF margin | 9,872.5% | โ19,336.5% | 451.1% | 241.0% | 190.1% |
| Net interest share of revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Returns | |||||
| Return on equity | โ35.4% | 11.2% | โ61.3% | โ40.0% | โ243.3% |
| Return on assets | โ21.1% | 7.1% | โ38.2% | โ19.8% | โ79.3% |
| Return on tangible equity | โ35.4% | 10.3% | โ76.2% | โ48.1% | โ282.6% |
| Growth | |||||
| Revenue growth | โ | โ | โ2,495.3% | โ | โ |
| Net income growth | โ | โ | โ597.0% | โ | โ |
| Share count change | โ | โ63.3% | 6.5% | 31.3% | 125.2% |
| Financial health | |||||
| Debt / equity | โ | โ | 0.1x | 0.1x | โ |
| Current ratio | 13.2x | 0.2x | 0.2x | 0.1x | 0.5x |
| Quick ratio | 13.2x | 0.2x | 0.2x | 0.1x | 0.5x |
| Capital allocation | |||||
| Capex / revenue | โ1,039.0% | 14,506.6% | โ168.2% | โ7.1% | โ41.9% |
| Stock comp / revenue | โ382.6% | 390.8% | โ22.4% | โ24.3% | โ15.9% |
| Quality scores | |||||
| Piotroski F-score | โ | 4.0 | 1.0 | 3.0 | 2.0 |
| Accruals ratio | โ10.9% | 16.1% | โ24.6% | โ8.3% | โ69.8% |
Source: SEC EDGAR XBRL filings (CIK 0001907184). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in CAD under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only โ not investment advice. Check the original filings before relying on any figure.