earnings
confidence high
sentiment positive
materiality 0.65
Elite Express Q1 revenue up 16.3% to $805K, net loss narrows 46.3% to $110K
Elite Express Holding Inc.
2026-Q1 EPS reported
-$0.01
revenue$805,298
- Revenue $805,298 (+16.3% YoY); net loss $110,104 (improved 46.3% from $204,999 loss in Q1 2025).
- Gross margin turned positive to 19.4% from -4.7% on lower vehicle repair and depreciation costs.
- Interest income of $198,737 from loans to third parties at 8% annual rate, maturing May 2026.
- G&A expenses rose 63.8% to $464,606 due to public company compliance and payroll costs.
- One-time performance bonus from FedEx contributed $23,857 to other pickup/delivery revenue.