Elvictor Group Issues 2024 Annual Report
Elvictor Group (OTC PINK:ELVG) has filed its 2024 Annual Report, showcasing a significant financial turnaround. The maritime crew management company reported revenue of $2.4 million and achieved net income of $199,780 in 2024, compared to a net loss of $222,727 in 2023.
The improved performance is attributed to enhanced cost control and operational efficiencies. Key developments include the implementation of a new AI-driven financial system and successful application to the OTC ID tier. CEO Konstantinos Galanakis emphasized the company's focus on operational discipline, digital transformation, and transparent governance as drivers of the return to profitability.
Elvictor Group (OTC PINK:ELVG) ha presentato il suo Rapporto Annuale 2024, evidenziando un significativo miglioramento finanziario. La società di gestione equipaggi marittimi ha riportato ricavi per 2,4 milioni di dollari e ha raggiunto un utile netto di 199.780 dollari nel 2024, rispetto a una perdita netta di 222.727 dollari nel 2023.
Il miglioramento delle performance è attribuito a un maggiore controllo dei costi e a una maggiore efficienza operativa. Tra gli sviluppi chiave vi sono l’implementazione di un nuovo sistema finanziario basato sull’intelligenza artificiale e l’approvazione per la fascia OTC ID. Il CEO Konstantinos Galanakis ha sottolineato come la disciplina operativa, la trasformazione digitale e la governance trasparente siano stati i fattori chiave per il ritorno alla redditività.
Elvictor Group (OTC PINK:ELVG) ha presentado su Informe Anual 2024, mostrando una recuperación financiera significativa. La empresa de gestión de tripulación marítima reportó ingresos de 2,4 millones de dólares y logró un ingreso neto de 199.780 dólares en 2024, en comparación con una pérdida neta de 222.727 dólares en 2023.
La mejora en el desempeño se atribuye a un mejor control de costos y a la eficiencia operativa. Entre los desarrollos clave se encuentran la implementación de un nuevo sistema financiero impulsado por IA y la exitosa solicitud para la categoría OTC ID. El CEO Konstantinos Galanakis destacó el enfoque de la empresa en la disciplina operativa, la transformación digital y la gobernanza transparente como motores del retorno a la rentabilidad.
Elvictor Group (OTC PINK:ELVG)는 2024년 연례 보고서를 제출하며 눈에 띄는 재무 개선을 보였습니다. 해상 승무원 관리 회사는 2024년에 매출 240만 달러와 순이익 199,780달러를 기록했으며, 이는 2023년 순손실 222,727달러와 비교됩니다.
성과 향상은 비용 관리 강화와 운영 효율성 개선 덕분입니다. 주요 발전 사항으로는 AI 기반 새로운 금융 시스템 도입과 OTC ID 등급 신청 성공이 포함됩니다. CEO 콘스탄티노스 갈라나키스는 운영 규율, 디지털 전환, 투명한 거버넌스를 수익성 회복의 핵심 동력으로 강조했습니다.
Elvictor Group (OTC PINK:ELVG) a déposé son rapport annuel 2024, mettant en lumière un redressement financier significatif. La société de gestion d’équipage maritime a déclaré un chiffre d’affaires de 2,4 millions de dollars et a réalisé un bénéfice net de 199 780 dollars en 2024, contre une perte nette de 222 727 dollars en 2023.
Cette amélioration des performances est attribuée à un meilleur contrôle des coûts et à une efficacité opérationnelle accrue. Les développements clés incluent la mise en place d’un nouveau système financier piloté par l’IA et la réussite de la candidature au niveau OTC ID. Le PDG Konstantinos Galanakis a souligné que la discipline opérationnelle, la transformation numérique et la gouvernance transparente sont les moteurs du retour à la rentabilité.
Elvictor Group (OTC PINK:ELVG) hat seinen Jahresbericht 2024 eingereicht und damit eine bedeutende finanzielle Wende gezeigt. Das Unternehmen für maritime Crew-Management meldete Einnahmen von 2,4 Millionen US-Dollar und erzielte 2024 einen Nettoertrag von 199.780 US-Dollar, im Vergleich zu einem Nettoverlust von 222.727 US-Dollar im Jahr 2023.
Die verbesserte Leistung wird auf eine verbesserte Kostenkontrolle und operative Effizienz zurückgeführt. Zu den wichtigsten Entwicklungen zählen die Einführung eines neuen KI-gesteuerten Finanzsystems und die erfolgreiche Bewerbung für die OTC ID-Kategorie. CEO Konstantinos Galanakis betonte, dass operative Disziplin, digitale Transformation und transparente Unternehmensführung die Treiber für die Rückkehr zur Profitabilität seien.
- Return to profitability with net income of $199,780 in 2024 vs loss in 2023
- Stable revenue performance at $2.4 million
- Successful cost optimization initiatives
- Advancement to OTC ID tier enhancing market visibility
- None.
ATTIKI, GREECE / ACCESS Newswire / April 15, 2025 / Elvictor Group, Inc. (OTC PINK:ELVG) ("Elvictor" or the "Company"), a leader in digitalized maritime crew management, today announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The Company also reiterated key developments and recent corporate milestones.
The report details Elvictor's financial and operational performance, highlighting a year of stable revenues and a return to profitability. For 2024, the Company reported
Konstantinos Galanakis, CEO of Elvictor Group, commented: "We are pleased with our return to profitability in 2024, which reflects our commitment to operational discipline, digital transformation, and transparent governance. Last year marked a pivotal moment for us as we optimized our cost structure, initiated the deployment of a new AI-driven financial system, and laid the foundation for greater market visibility with our successful application to the OTC ID tier. We're excited about the opportunities ahead as we continue to modernize our operations and expand our presence in the market."
The full report is available on the SEC's website at www.sec.gov and on the Company's website via EDGAR at www.elvictorgroup.com.
About Elvictor Group, Inc.
Elvictor Group, Inc. (OTC PINK: ELVG) is transforming the fragmented maritime industry through its fully digitalized crew and ship management platform designed to enhance operational efficiency and reduce costs. With a strategic focus on AI-driven workforce solutions, M&A-driven expansion, and cost-efficient vessel ownership, Elvictor is ushering in a new era of transparency in the shipping industry. For more information about Elvictor Group, please visit: https://www.elvictorgroup.com/, and follow us on LinkedIn.
Investor and Media Contact:
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Cautionary Note Regarding Forward-Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the Company and its affiliates be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
SOURCE: Elvictor Group Inc.
View the original press release on ACCESS Newswire
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