Elite Express Holding Inc. (ETS) Form 10-Q — Oct 14, 2026
Elite Express Holding (ETS) posted Q3 FY2026 revenue of $766,422, up 20.9% YoY, with gross profit of $95,759 (12.6% margin) versus just $6,817 a year earlier, driven by higher weekly service charges under its renewed FedEx ISP agreement and fuel surcharges. Despite the top-line improvement, the net loss widened to $760,138 for the quarter and $3,403,184 for the nine months, as G&A surged 570.9% to $1,017,024 post-IPO and the company booked $2.15 million of R&D for its ROUTE X platform.
Key figures
- Eps
- 0
- Revenue
- 766422
- Revenue Yoy
- 20.9% (Q3); 17.5% (9M)
- Cash Position
- 3003589
- Ga q3
- 1017024
- Shelf size
- 300000000
- Ga q3 yoy pct
- 570.9
- Loan maturity
- November 30, 2026
- Rnd nine month
- 2150000
- Gross profit q3
- 95759
- Working capital
- 16548682
- Ipo net proceeds
- 13700000
- Loans receivable
- 11549811
- Loan interest rate
- 5% (renewed); 8% (original)
- Nine month revenue
- 2298549
- Shares outstanding
- 48716672
- Gross margin q3 pct
- 12.6
- Private placement price
- 0.25
- Private placement shares
- 32000000
- Private placement gross proceeds
- 8000000
AI analysis
Red flags7 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.