secwatch.observer — SEC 8-K summary
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Issuer:     Elvictor Group, Inc. (ELVG)
CIK:        0001741489
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001213900-21-062736
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elvictor Group reports Q3 revenue surge to $608K, outlines growth strategy including M&A and ship management expansion
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- Q3 2021 revenue $608,614 (+3,925.5% YoY); gross profit $355,058 (+2,248.4% YoY); net loss $68,812.
- Company plans expansion through M&A in new geographies and selective ship asset acquisitions to showcase cloud cost efficiencies.
- Ultra Ship Management received DNV-approved Interim Document of Compliance for ship management services.
- 2021E revenue target $2.48M and EBITDA $210K per presentation materials.
- Cash $538,530 as of Sept 30, 2021 (+56.6% from Dec 2020); working capital $456,017.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1741489/000121390021062736/0001213900-21-062736-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1741489/000121390021062736/ea151271-8k_elvictor.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-062736

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer