Elvictor Group Reports Third Quarter 2025 Financial Results and Provides an Operational Update

Rhea-AI Summary

Elvictor Group (OTCID:ELVG) reported Q3 2025 results for the period ended September 30, 2025. Q3 revenue was $645,905, compared with $645,223 in Q3 2024. Profit from operations was $4,752 versus $143,037 in Q2 2024. For the nine months ended September 30, 2025, total revenue was $1,863,987, up 4.0% YoY from $1,792,066, driven mainly by higher agency fees.

Operationally, Elvictor manages about 2,300 seafarers across 10 nationalities and seven vessel classes, serving roughly 45 clients. Management reaffirmed plans to onboard additional vessels by year-end 2025 and said new deployments are expected to contribute positively to EBITDA while focusing on margin efficiency.

Positive

• Nine-month revenue +4.0% YoY to $1,863,987
• Workforce scale ~2,300 seafarers across seven vessel classes

Negative

• Operating profit fell to $4,752 from $143,037
• Q3 revenue effectively flat at $645,905 versus $645,223

News Market Reaction

-18.42%

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-18.42% News Effect

On the day this news was published, ELVG declined 18.42%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ATTIKI, GREECE / ACCESS Newswire / November 14, 2025 / Elvictor Group Inc. (OTCID:ELVG) ("Elvictor" or the "Company"), a leader in maritime recruitment and crew management, today reported its financial and operational results for the third quarter ended September 30, 2025.

Total revenue for Q3 2025 was $645,905, slightly increased from $645,223 in Q3 2024, with profit from operations of $4,752 compared to $143,037 in Q2 2024. For the nine-month periods ended September 30, 2025, and September 30, 2024, total revenue reached $1,863,987 and $1,792,066, respectively-an increase of 4.0% year-over-year, largely reflecting higher agency fees.

Elvictor currently manages a crew of approximately 2,300 seafarers representing 10 nationalities across seven distinct vessel classes. With approximately 45 clients, the Company continues to execute its expansion strategy within the global shipping industry and remains in active discussions with potential partners. Management reaffirms its outlook to onboard additional vessels by year-end 2025, supporting the deployment of new seafarers with a positive contribution to EBITDA.

Konstantinos S. Galanakis, CEO of Elvictor Group Inc. commented: "We remain focused on operational discipline and sustainable expansion. Our near-term priority is to strengthen margins through efficiency measures, while continuing to grow our managed fleet and enhance our service offerings for clients worldwide."

About Elvictor Group, Inc.
Elvictor Group, Inc. (OTCID: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, visit: https://www.elvictorgroup.com, and follow us on LinkedIn.

Investor and Media Contact:
Investor Relations
Jonathan.Paterson@harbor-access.com
Tel +1 475 477 9401

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

FAQ

What were Elvictor Group (ELVG) Q3 2025 revenue and operating profit?

Elvictor reported Q3 2025 revenue of $645,905 and profit from operations of $4,752 for the quarter ended September 30, 2025.

How did Elvictor Group (ELVG) nine-month 2025 revenue compare to 2024?

For the nine months ended September 30, 2025, revenue was $1,863,987, up 4.0% from $1,792,066 in the same period of 2024.

How many seafarers and clients does Elvictor Group (ELVG) manage as of Q3 2025?

Elvictor manages approximately 2,300 seafarers across 10 nationalities and serves about 45 clients.

Will Elvictor Group (ELVG) add vessels before year-end 2025 and how will that affect EBITDA?

Management reaffirmed its outlook to onboard additional vessels by year-end 2025, stating new deployments are expected to have a positive contribution to EBITDA.

What operational priorities did Elvictor Group (ELVG) highlight in the Q3 2025 update?

The company emphasized operational discipline, margin strengthening through efficiency measures, and continued managed fleet growth.