secwatch.observer — SEC 8-K summary
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Issuer:     Elite Express Holding Inc. (ETS)
CIK:        0002053641
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001104659-26-021604
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Elite Express Holding reports $2.7M revenue (up 9.1%) and net loss of $2.2M for FY2025
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- Revenue increased 9.1% to $2.7 million for fiscal year ended November 30, 2025, from $2.5 million in 2024.
- Net loss widened to $2.2 million from $0.4 million in the prior year, driven by higher G&A and new R&D investments.
- Gross profit was $18,211, slightly up from $15,897, driven by activity-based operations.
- General and administrative expenses rose 286.1% to $1.6 million due to public company compliance costs.
- Interest income of $191,475 was generated from $10.0 million in loans to unrelated third parties at 8% annual rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2053641/000110465926021604/0001104659-26-021604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2053641/000110465926021604/tm267474d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-021604

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