Electra Battery Materials Corporation (ELBM) Income Statement
ELBM 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsELBM revenue and net income
ELBM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ELBM income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Cost of revenue | C$95,921 | C$29,000 | C$56,000 | C$48,000 | C$2,000 | — | — | — | — | — |
| Gross profit | −C$95,921 | −C$29,000 | −C$56,000 | −C$48,000 | −C$2,000 | — | — | — | — | — |
| Research & development | — | C$0 | C$3.0M | C$2.3M | C$4.4M | C$1.5M | C$1.2M | C$233,671 | — | — |
| Sales, general & admin | C$16.8M | C$13.6M | C$12.7M | C$13.3M | C$13.0M | C$4.3M | C$6.6M | C$10.6M | C$2.6M | C$2.2M |
| Total operating expenses | C$16.9M | C$14.0M | C$14.0M | C$16.8M | C$19.2M | C$7.4M | C$8.4M | C$27.9M | C$8.3M | C$2.2M |
| Operating income | −C$17.0M | −C$14.0M | −C$14.0M | −C$16.8M | −C$19.2M | −C$7.4M | −C$8.4M | −C$27.9M | −C$8.3M | −C$2.2M |
| Interest income | — | — | — | C$328,000 | — | — | — | C$219,268 | — | — |
| Interest expense | C$10.7M | C$7.3M | C$8.1M | C$29.3M | C$191,000 | C$632,000 | C$261,007 | C$219,268 | C$0 | C$1,169 |
| Income before taxes | −C$133.4M | −C$29.4M | −C$64.7M | C$12.6M | −C$34.9M | −C$2.4M | −C$116.4M | −C$26.8M | −C$10.1M | −C$2.3M |
| Income taxes | — | −C$29,276 | −C$27.3M | −C$29.3M | C$14.6M | C$632,000 | C$254,081 | −C$219,000 | −C$493,000 | C$1,169 |
| Net income | −C$133.4M | −C$29.4M | −C$64.7M | C$12.6M | −C$34.9M | −C$2.4M | −C$116.4M | −C$26.8M | −C$8.6M | −C$2.3M |
| EBITDA | −C$16.9M | −C$22.1M | −C$56.5M | −C$15.7M | −C$18.3M | −C$6.7M | −C$7.8M | −C$28.0M | −C$8.6M | −C$2.2M |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Cost of revenue | C$33,014 | C$32,082 | C$52,955 | — | C$15,072 | — | — | C$13,976 | C$15,000 | C$14,000 | — | C$12,000 |
| Gross profit | −C$33,014 | −C$32,082 | −C$52,955 | — | −C$15,073 | — | — | −C$13,976 | −C$15,000 | −C$14,000 | — | −C$12,000 |
| Research & development | — | — | — | — | — | — | — | — | C$0 | C$1.6M | C$1.6M | C$628,000 |
| Sales, general & admin | C$2.0M | C$3.8M | C$5.7M | C$3.9M | C$3.4M | C$3.7M | C$3.5M | C$3.4M | C$3.3M | C$3.1M | C$3.1M | C$3.7M |
| Total operating expenses | −C$4.0M | C$3.8M | C$5.7M | C$4.1M | C$3.5M | C$3.8M | C$3.7M | C$3.5M | C$3.4M | C$3.3M | C$1.5M | C$4.2M |
| Operating income | C$4.0M | −C$3.8M | −C$5.7M | −C$4.1M | −C$3.5M | −C$3.8M | −C$3.7M | −C$3.5M | −C$3.4M | −C$3.3M | −C$1.5M | −C$4.2M |
| Interest income | — | — | — | — | — | — | — | — | — | — | — | C$84,000 |
| Interest expense | C$1.1M | C$1.4M | C$1.9M | C$2.4M | C$2.6M | C$3.9M | C$2.2M | C$2.7M | C$1.4M | C$983,000 | C$461,000 | C$4.4M |
| Income before taxes | C$9.0M | C$28.1M | −C$114.0M | −C$4.7M | −C$2.0M | −C$12.7M | −C$8.7M | −C$2.9M | −C$5.8M | −C$12.2M | −C$45.5M | −C$9.2M |
| Income taxes | — | — | — | — | — | — | — | — | — | −C$29,276 | — | C$4.6M |
| Net income | C$9.0M | C$28.1M | −C$114.0M | −C$4.7M | −C$2.0M | −C$12.7M | −C$8.7M | −C$2.9M | −C$5.8M | −C$12.2M | −C$45.5M | −C$9.2M |
| EBITDA | −C$3.5M | C$29.6M | −C$112.1M | −C$2.3M | −C$3.5M | −C$8.8M | — | −C$236,000 | −C$3.4M | −C$11.2M | — | −C$4.2M |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in ELBM's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ELBM financial results
Electra Battery Materials reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of C$133.4 million. Figures are in Canadian dollars, the currency of its financial statements.
See the ELBM stock overview for the latest quote and news, or the ELBM chart for price history and technical indicators.
ELBM income statement FAQ
Does Electra Battery Materials have revenue?
Electra Battery Materials reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Electra Battery Materials profitable?
No. Electra Battery Materials reported a net loss of C$133.4 million in fiscal 2025.
When will Electra Battery Materials report its next earnings?
Electra Battery Materials is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Electra Battery Materials's fiscal year end?
Electra Battery Materials's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.