Elite Express Q3 revenue up 7.4% to $633,865, net loss widens to $185,881

Elite Express Holding Inc.

2025-Q3 EPS reported -$0.04 revenue$1,956,258

Revenue $633,865 (+7.4% YoY); first quarterly gross profit of $6,817 vs gross loss of $29,789 in Q3 2024.
Net loss of $185,881 vs $76,521 in prior year, a 142.9% increase driven by higher public company compliance costs.
G&A expenses surged 285.9% to $151,600 due to legal/accounting fees and payroll for corporate governance.
Nine-month revenue $1,956,258 (+7.8% YoY); net loss $498,484 vs $144,521 in the same period of 2024.
CEO cites expansion plans (fleet, technology) and diversification beyond sole customer FedEx.

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