NASDAQ : ETS
Elite Express Holding Inc. — Financial statements
Industrials · Trucking · United States
Last price 1.73 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 84.28M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Elite Express Holding Inc. (ETS) reported revenue of 3.01M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 3.01M | 2.67M | 2.44M | 2.43M |
| Cost of Revenue | 2.50M | 2.39M | 2.18M | 2.02M |
| Gross Profit | 506.14K | 272.52K | 262.08K | 402.20K |
| Selling, General & Admin | 2.89M | 1.60M | 414.18K | 194.13K |
| Research & Development | 3.07M | 922.77K | ||
| Operating Expenses | 6.43M | 2.78M | 660.36K | 425.08K |
| Operating Income | -5.92M | -2.50M | -398.28K | -22.87K |
| Interest Expense | -27.81K | -29.95K | ||
| Interest & Investment Income | 765.19K | 191.47K | ||
| Other Non Operating Income (Expenses) | 25.99K | 21.29K | 5.16K | 8.93K |
| EBT Excluding Unusual Items | -5.13M | -2.29M | -420.93K | -43.90K |
| Legal Settlements | -166.85K | |||
| Pretax Income | -5.13M | -2.29M | -420.93K | -210.74K |
| Income Tax Expense | -40.95K | -105.10K | -42.49K | -2.35K |
| Net Income | -5.09M | -2.19M | -378.44K | -208.39K |
| Preferred Dividends & Other Adjustments | -77.73K | |||
| Net Income to Common | -5.09M | -2.19M | -300.70K | -208.39K |
| Shares Outstanding (Basic) | 24.43M | 13.97M | 12.92M | |
| Shares Outstanding (Diluted) | 24.43M | 13.97M | 12.92M | |
| EPS (Basic) | -0.21 | -0.16 | -0.02 | |
| EPS (Diluted) | -0.21 | -0.16 | -0.02 | |
| Free Cash Flow | -6.93M | -2.91M | 28.94K | -14.83K |
| Free Cash Flow Per Share | -0.28 | -0.21 | 0.00 | |
| Gross Margin | 16.83% | 10.22% | 10.72% | 16.58% |
| Operating Margin | -196.89% | -93.92% | -16.30% | -0.94% |
| Profit Margin | -169.22% | -82.00% | -12.30% | -8.59% |
| Free Cash Flow Margin | -230.51% | -109.01% | 1.18% | -0.61% |
| EBITDA | -5.78M | -2.25M | -152.10K | 208.07K |
| EBITDA Margin | -192.03% | -84.38% | -6.22% | 8.58% |
| D&A For EBITDA | 146.18K | 254.31K | 246.18K | 230.95K |
| EBIT | -5.92M | -2.50M | -398.28K | -22.87K |
| EBIT Margin | -196.89% | -93.92% | -16.30% | -0.94% |
Balance sheet
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 3.00M | 1.31M | 170.16K | 54.71K |
| Cash & Short-Term Investments | 3.00M | 1.31M | 170.16K | 54.71K |
| Accounts Receivable | 76.57K | 72.58K | 56.48K | 98.04K |
| Receivables | 11.97M | 10.07M | 56.48K | 98.04K |
| Prepaid Expenses | 1.89M | 1.00M | 113.26K | 2.40K |
| Total Current Assets | 16.93M | 12.38M | 339.90K | 155.15K |
| Property, Plant & Equipment | 124.94K | 167.01K | 279.79K | 562.78K |
| Goodwill | 668.86K | 668.86K | 668.86K | |
| Other Intangible Assets | 446.20K | 487.60K | 542.80K | |
| Long-Term Deferred Tax Assets | 5.44K | |||
| Total Assets | 18.17M | 13.71M | 1.83M | 723.37K |
| Accounts Payable | 32.13K | 20.92K | 21.00K | |
| Accrued Expenses | 223.14K | 379.84K | 271.74K | 36.08K |
| Short-Term Debt | 106.24K | 71.47K | 29.04K | |
| Current Portion of Long-Term Debt | 225.30K | |||
| Current Income Taxes Payable | 800.00 | 2.40K | 800.00 | |
| Other Current Liabilities | 22.83K | 38.53K | 26.08K | |
| Total Current Liabilities | 385.13K | 513.15K | 348.66K | 261.38K |
| Long-Term Debt | 422.02K | |||
| Long-Term Deferred Tax Liabilities | 106.70K | |||
| Total Liabilities | 385.13K | 513.15K | 455.36K | 683.40K |
| Common Stock | 49.00 | 17.00 | 13.00 | 330.00K |
| Additional Paid-In Capital | 23.69M | 15.69M | 1.68M | 22.00K |
| Retained Earnings | -5.90M | -2.49M | -309.01K | -302.17K |
| Comprehensive Income & Other | -9.87K | |||
| Shareholders' Equity | 17.79M | 13.19M | 1.38M | 39.96K |
| Total Liabilities & Equity | 18.17M | 13.71M | 1.83M | 723.37K |
| Total Debt | 106.24K | 71.47K | 29.04K | 647.32K |
| Net Cash (Debt) | 2.90M | 1.24M | 141.12K | -592.61K |
| Net Cash Per Share | 0.12 | 0.09 | 0.01 | |
| Filing Date Shares Outstanding | 48.72M | 16.72M | 12.92M | |
| Total Common Shares Outstanding | 48.72M | 16.72M | 12.92M | |
| Working Capital | 16.55M | 11.87M | -8.76K | -106.23K |
| Book Value Per Share | 0.37 | 0.79 | 0.11 | |
| Tangible Book Value | 16.67M | 12.04M | 164.33K | 39.96K |
| Tangible Book Value Per Share | 0.34 | 0.72 | 0.01 | |
| Machinery | 337.23K | 382.24K | 295.91K | 1.15M |
Cash flow statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -5.09M | -2.19M | -378.44K | -208.39K |
| Depreciation & Amortization | 146.18K | 254.31K | 246.18K | 230.95K |
| Other Operating Activities | -380.98K | -284.41K | -41.89K | -7.44K |
| Change in Accounts Receivable | -21.13K | -16.10K | 948.00 | -6.15K |
| Change in Accounts Payable | 12.97K | -82.00 | 21.00K | |
| Change in Other Net Operating Assets | -1.60M | -587.52K | 181.14K | -17.80K |
| Operating Cash Flow | -6.92M | -2.82M | 28.94K | -8.82K |
| Capital Expenditures | -12.84K | -86.33K | -6.01K | |
| Cash Acquisitions | -899.67K | |||
| Investing Cash Flow | -11.56M | -10.09M | -899.67K | -6.01K |
| Short-Term Debt Issued | 166.85K | |||
| Long-Term Debt Issued | 142.20K | |||
| Total Debt Issued | 141.90K | 142.20K | 166.85K | |
| Short-Term Debt Repaid | -29.04K | -205.45K | ||
| Long-Term Debt Repaid | -70.73K | -197.17K | ||
| Total Debt Repaid | -165.94K | -99.77K | -205.45K | -197.17K |
| Net Debt Issued (Repaid) | -24.04K | 42.43K | -205.45K | -30.32K |
| Issuance of Common Stock | 8.00M | 14.35M | 1.24M | |
| Repurchase of Common Stock | -22.00 | |||
| Other Financing Activities | -41.43K | -346.08K | 10.46K | |
| Financing Cash Flow | 7.93M | 14.04M | 1.04M | -30.35K |
| Net Cash Flow | -10.55M | 1.14M | 173.28K | -45.18K |
| Free Cash Flow | -6.93M | -2.91M | 28.94K | -14.83K |
| Free Cash Flow Margin | -230.51% | -109.01% | 1.18% | -0.61% |
| Free Cash Flow Per Share | -0.28 | -0.21 | 0.00 | |
| Levered Free Cash Flow | -17.10M | -12.18M | 194.11K | |
| Unlevered Free Cash Flow | -17.10M | -12.18M | 211.49K | |
| Cash Interest Paid | 12.29K | 1.74K | 27.81K | |
| Cash Income Tax Paid | 4.80K | 1.60K | 1.00K | |
| Change in Working Capital | -1.61M | -603.70K | 203.08K | -23.94K |
Ratios
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 86.72M | 9.38M | ||
| Enterprise Value | 83.82M | -4.04M | ||
| Last Close Price | 1.71 | 0.56 | ||
| PS Ratio | 27.69 | 3.52 | ||
| PB Ratio | 4.68 | 0.71 | ||
| P/TBV Ratio | 5.00 | 0.78 | ||
| Debt / Equity Ratio | 0.01 | 0.01 | 0.02 | 16.20 |
| Debt / EBITDA Ratio | 3.11 | |||
| Debt / FCF Ratio | 1.00 | |||
| Net Debt / Equity Ratio | -0.16 | -0.09 | -0.10 | 14.83 |
| Net Debt / EBITDA Ratio | 0.50 | 0.55 | 0.93 | 2.85 |
| Net Debt / FCF Ratio | 0.42 | 0.43 | -4.88 | -39.95 |
| Asset Turnover | 0.18 | 0.34 | 1.91 | |
| Quick Ratio | 8.88 | 2.69 | 0.65 | 0.58 |
| Current Ratio | 43.97 | 24.13 | 0.97 | 0.59 |
| Return on Equity (ROE) | -31.17% | -30.01% | -53.45% | |
| Return on Assets (ROA) | -22.19% | -20.14% | -19.49% | |
| Return on Capital Employed (ROCE) | -33.30% | -19.00% | -26.90% | -5.00% |
| Earnings Yield | -11.90% | -23.30% | ||
| FCF Yield | -8.32% | -30.98% | ||
| Buyback Yield / Dilution | -46.16% | -8.14% |