Company research
Elite Express Holding Inc.
CIK 2053641Updated Oct 29, 2026
SecurityETS · NASDAQ · equity
ETS price & chart
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Recent filings
S-3/A filing
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
S-3/A filing
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.07, 9.01
S-3 filing
Other Events
Items 8.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| AssetsUSD | 18,173,813Source | 15,192,022Source | — | 18,794,968Source | — | 13,350,768Source | — | 13,705,022Source |
| Property, Plant and Equipment, NetUSD | 124,943Source | 212,429Source | — | 141,414Source | — | 170,697Source | — | 167,008Source |
| GoodwillUSD | 668,858Source | 668,858Source | — | 668,858Source | — | 668,858Source | — | 668,858Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 446,200Source | 501,400Source | — | 460,000Source | — | 473,800Source | — | 487,600Source |
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,003,589Source | 13,553,137Source | — | 5,235,991Source | — | 68,065Source | — | 1,308,529Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 76,574Source | 55,440Source | — | 58,676Source | — | 84,411Source | — | 72,582Source |
| Assets, CurrentUSD | 16,933,812Source | 13,809,335Source | — | 17,524,696Source | — | 12,037,413Source | — | 12,381,556Source |
| Prepaid Expense and Other Assets, CurrentUSD | 2,124,707Source | 62,765Source | — | 2,548,873Source | — | 1,868,232Source | — | 898,191Source |
| LIABILITIES AND EQUITY | ||||||||
| LiabilitiesUSD | 385,130Source | 312,652Source | — | 246,147Source | — | 269,005Source | — | 513,155Source |
| Stockholders’ equity: | ||||||||
| Additional Paid in CapitalUSD | 23,686,814Source | 15,686,846Source | — | 23,686,846Source | — | 15,686,846Source | — | 15,686,846Source |
| Retained Earnings (Accumulated Deficit)USD | -5,898,180Source | -807,493Source | — | -5,138,042Source | — | -2,605,100Source | — | -2,494,996Source |
| Stockholders' Equity Attributable to ParentUSD | 17,788,683Source | 14,879,370Source | -96,306Source | 18,548,821Source | 1,543,389Source | 13,081,763Source | 1,470,993Source | 13,191,867Source |
| Liabilities and EquityUSD | 18,173,813Source | 15,192,022Source | — | 18,794,968Source | — | 13,350,768Source | — | 13,705,022Source |
| Current liabilities: | ||||||||
| Liabilities, CurrentUSD | 385,130Source | 270,106Source | — | 246,147Source | — | 269,005Source | — | 513,155Source |
| Accounts Payable, CurrentUSD | 32,130Source | 19,155Source | — | 26,347Source | — | 38,625Source | — | 20,918Source |
| Deferred Income Tax Liabilities, Net | — | —Source | — | — | — | — | — | — |
| Deferred Tax Liabilities, Net | —Source | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | -110,104Source | -204,999Source | -2,185,987Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
| Changes in operating assets and liabilities: | |||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 11,829Source | -8,242Source | 16,097Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 17,707Source | -2,727Source | -82Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | 42,546Source | — | — | — | — | -106,698Source | -106,698Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -1,248,639Source | -297,091Source | -2,819,786Source |
| Cash flows from investing activities: | |||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 43,582Source | — | -10,086,136Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 6,418Source | — | 86,325Source |
| Cash flows from financing activities: | |||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -35,407Source | 295,000Source | 14,044,294Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -1,240,464Source | -2,091Source | 1,138,372Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | 3,003,589Source | 13,553,137Source | 46,755Source | 5,235,991Source | 55,027Source | 68,065Source | 168,066Source | 1,308,529Source |
| Supplemental disclosure of cash flow information: | |||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 1,097Source | — | 1,740Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 1,600Source |
| Additional Financial Items | |||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 13,800Source | 13,800Source | 55,200Source |
| DepreciationUSD | — | 16,472Source | 50,532Source | 60,618Source | 19,944Source | 48,368Source | 2,728Source | 48,368Source | 199,106Source |
| Depreciation, NonproductionUSD | — | — | — | — | — | — | 2,728Source | 48,368Source | 199,106Source |
| General and Administrative ExpenseUSD | — | 1,017,024Source | 151,600Source | 39,280Source | 706,072Source | 141,762Source | 464,606Source | 283,619Source | 1,599,284Source |
| GoodwillUSD | — | 668,858Source | 668,858Source | — | 668,858Source | — | 668,858Source | — | 668,858Source |
| Goodwill, Impairment LossUSD | — | 0Source | 0Source | — | 0Source | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | 0Source | 43,346Source | 0Source | 0Source | 400Source | 1,600Source | -106,298Source | -105,098Source |
| Net Income (Loss) Attributable to ParentUSD | — | -760,138Source | -185,881Source | -76,526Source | -2,532,942Source | -107,604Source | -110,104Source | -204,999Source | -2,185,987Source |
| Nonoperating Income (Expense)USD | — | 161,127Source | 2,248Source | -7,457Source | 242,093Source | 16,556Source | 198,737Source | 4,729Source | 212,760Source |
| Operating ExpensesUSD | — | 1,017,024Source | 151,600Source | 39,280Source | 2,856,072Source | 141,762Source | 464,606Source | 283,619Source | 2,522,056Source |
| Other Nonoperating Income (Expense)USD | — | — | — | -221Source | 25,992Source | 16,556Source | — | 4,729Source | 21,285Source |
| Proceeds from Contributed CapitalUSD | — | — | — | — | — | — | — | 300,000Source | 630,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | 766,422Source | 633,865Source | 590,375Source | 726,829Source | 630,250Source | 805,298Source | 692,143Source | 2,665,948Source |
| Cost of Goods and Services Sold | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | -921,265Source | -144,783Source | -69,069Source | -2,775,035Source | -123,760Source | -307,241Source | -316,026Source | -2,503,845Source |
| Other Nonoperating Income (Expense)USD | — | — | — | -221Source | 25,992Source | 16,556Source | — | 4,729Source | 21,285Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | -760,138Source | -142,535Source | -76,526Source | -2,532,942Source | -107,204Source | -108,504Source | -311,297Source | -2,291,085Source |
| Income Tax Expense (Benefit)USD | — | 0Source | 43,346Source | 0Source | 0Source | 400Source | 1,600Source | -106,298Source | -105,098Source |
| Net Income (Loss) Attributable to ParentUSD | — | -760,138Source | -185,881Source | -76,526Source | -2,532,942Source | -107,604Source | -110,104Source | -204,999Source | -2,185,987Source |
| Earnings Per Share, BasicUSD per share | — | -0.02Source | -0.01Source | — | -0.15Source | -0.01Source | -0.01Source | -0.02Source | -0.16Source |
| Earnings Per Share, DilutedUSD per share | — | -0.02Source | -0.01Source | — | -0.15Source | -0.01Source | -0.01Source | -0.02Source | -0.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | 47,325,368Source | 13,288,411Source | — | 16,716,672Source | 12,916,667Source | 16,716,672Source | 16,916,667Source | 13,968,179Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | 47,325,368Source | 13,288,411Source | — | 16,716,672Source | 12,916,667Source | 16,716,672Source | 16,916,667Source | 13,968,179Source |
| Additional Financial Items | |||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 13,800Source | 13,800Source | 55,200Source |
| Cost, Depreciation and AmortizationUSD | — | 30,272Source | 64,332Source | 60,618Source | 33,744Source | 62,168Source | 16,528Source | 62,168Source | 254,306Source |
| Current Income Tax Expense (Benefit)USD | — | — | 800Source | — | — | 400Source | 1,600Source | 400Source | 1,600Source |
| Fuel CostsUSD | — | 114,408Source | 94,654Source | 102,614Source | 117,157Source | 102,033Source | 105,109Source | 107,913Source | 402,750Source |
| General and Administrative ExpenseUSD | — | 1,017,024Source | 151,600Source | 39,280Source | 706,072Source | 141,762Source | 464,606Source | 283,619Source | 1,599,284Source |
| Goodwill, Impairment LossUSD | — | 0Source | 0Source | — | 0Source | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | — | 95,759Source | 6,817Source | -29,789Source | 81,037Source | 18,002Source | 157,365Source | -32,407Source | 18,211Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | 161,127Source | 2,248Source | -7,236Source | 216,101Source | — | 198,737Source | — | 191,475Source |
| Nonoperating Income (Expense)USD | — | 161,127Source | 2,248Source | -7,457Source | 242,093Source | 16,556Source | 198,737Source | 4,729Source | 212,760Source |
| Operating ExpensesUSD | — | 1,017,024Source | 151,600Source | 39,280Source | 2,856,072Source | 141,762Source | 464,606Source | 283,619Source | 2,522,056Source |
| Research and Development ExpenseUSD | — | — | — | — | 2,150,000Source | — | — | — | 922,772Source |
| Interest Expense, Debt | — | — | — | — | —Source | — | —Source | —Source | — |
Offerings
Registration 333-298648
Filing attachments
tm2627552d1_ex99-1.htm · 8-K · 2026-10-14
Exhibit 99.1 Elite Express Holding Inc. Reports Third Quarter 2026 Results LAGUNA HILLS, Calif., October 14, 2026 (GLOBE NEWSWIRE) - Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended August 31, 2026. For the three months ended August 31, 2026, the Company reported revenue of $766,422, representing a 20.9% increase compared with the same period in 2025. Gross profit increas…
Read attachment ↗tm2620499d1_ex99-1.htm · 8-K · 2026-07-14
EX-99.1 2 tm2620499d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Elite Express Holding Inc. Reports Second Quarter 2026 Results LAGUNA HILLS, Calif., July 14, 2026 (GLOBE NEWSWIRE) - Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended May 31, 2026. Second Quarter 2026 Financial Results For the three months ended May 31, 2026, the Company reported revenue of $726,829, represen…
Read attachment ↗tm2611535d1_ex99-1.htm · 8-K · 2026-04-13
EX-99.1 2 tm2611535d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Elite Express Holding Inc. Reports First Quarter 2026 Results LAGUNA HILLS, Calif., April 13, 2026 (GLOBE NEWSWIRE) - Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq CM: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended February 28, 2026. For the quarter ended February 28, 2026, the Company reported revenue of $805,298, representing a 16.3% increase compared…
Read attachment ↗