---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-073327"
form_type: "8-K"
ticker: "ELVG"
cik: "0001741489"
company_name: "Elvictor Group, Inc."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:44:19.944759+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Elvictor Group Q3 revenue up 8.9% YoY, gross profit surges 50.8%, net loss narrows 21.1%

## Summary
- Revenue $662,647 (+8.9% YoY); gross profit $535,391 (+50.8%).
- Net loss $54,273, improved from $68,812 in Q3 2021 (21.1% decrease).
- Working capital surplus $407,147 as of Sep 30, 2022, up 9.5% YoY.
- Growth driven by crew management client increase and reduced outsourcing.
- CEO outlines strategy to expand into ship ownership and acquisitions.

## SEC filing metadata
- accession: 0001213900-22-073327
- form_type: 8-K
- ticker: ELVG
- cik: 0001741489
- company_name: Elvictor Group, Inc.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1741489/000121390022073327/0001213900-22-073327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1741489/000121390022073327/ea168880-8k_elvictor.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-073327
- JSON: https://secwatch.observer/filing/0001213900-22-073327.json
- Plain text: https://secwatch.observer/filing/0001213900-22-073327.txt

## Key facts
- Earnings Releases
  Elvictor Group, Inc. reported the three months ended September 30, 2022 results: revenue $662,647, net income ($54,273).
  - Period: the three months ended September 30, 2022
  - Revenue: $662,647
  - Net income: ($54,273)
  - Result: reported results
  source text: Total revenues increased by $54,033, or 8.9%, to $662,647 for the three months ended September 30, 2022, compared to $608,614 for the same period ended September 30, 2021 while gross profit increased by $180,333, or 50.8%, to $535,391 for the third quarter of 2022 from $355,058 for the third quarter of 2021 driven by an increase in crew management clients and the reduced outsourcing of services in certain business areas. The Company reported a net loss for the three months ended September 30, 2022 of $54,273
  evidence_url: https://www.sec.gov/Archives/edgar/data/1741489/000121390022073327/0001213900-22-073327-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.