Elite Express Holding Inc. (ETS) Form 8-K — Oct 14, 2026
Elite Express Holding Inc. (Nasdaq: ETS) reported Q3 FY2026 revenue of $766,422, up 20.9% year over year, with gross profit jumping to $95,759 from $6,817 and gross margin improving to 12.5% from 1.1%. The company swung to a wider net loss of $760,138 versus $185,881 a year ago, driven by a 570.9% surge in G&A to $1,017,024 tied to public-company transition costs, payroll, and franchise tax expenses.
Key figures
- Revenue
- 766422
- Total Debt
- 385130
- Revenue Yoy
- 20.9%
- Gross Margin
- 12.5%
- Gross Profit
- 95759
- Total Assets
- 18173813
- Cash Position
- 3003589
- G And AExpenses
- 1017024
- Loans Receivable
- 11549811
- Interest Income Q3
- 135359
- New Loan Principal
- $1.9 million
- Nine Month Revenue
- 2298549
- Prior Year Revenue
- 633865
- Weighted Avg Shares
- 47325368
AI analysis
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