Welcome to our dedicated page for ELITE EXPRESS HOLDING news (Ticker: ETS), a resource for investors and traders seeking the latest updates and insights on ELITE EXPRESS HOLDING stock.
Elite Express Holding Inc. (ETS) is a California-based trucking and last-mile delivery company whose Class A common stock trades on The Nasdaq Capital Market. This news page compiles company-issued announcements and other coverage related to Elite Express’s last-mile delivery operations, financial reporting, and corporate governance developments.
News about Elite Express often centers on its performance as a last-mile delivery provider within California and its role in the route delivery industry. For example, the company has released quarterly results that detail revenue from activity-based and fixed sources, cost of revenue categories such as labor, fuel, and maintenance, and whether it achieved gross profit or reported a gross loss. These earnings updates also discuss general and administrative expenses related to legal, accounting, and governance requirements tied to its status as a public company.
In addition to earnings releases, Elite Express issues news related to capital markets events. The company announced the pricing and closing of its initial public offering of Class A common stock and noted that its shares began trading on Nasdaq under the symbol ETS. Such announcements provide context on how the company has raised capital and entered the public markets.
Corporate governance and regulatory disclosures also appear in the news flow. Items include changes in board composition, independent director appointments and resignations, committee leadership roles, and the resignation of the chief financial officer accompanied by a separation agreement. The company has also reported receiving a Nasdaq notice regarding its minimum bid price listing requirement.
Investors and followers of ETS can use this news page to review Elite Express’s official press releases and related updates on its last-mile delivery business, financial condition, and Nasdaq listing status over time.
Elite Express Holding (Nasdaq: ETS) reported third-quarter results for the period ended August 31, 2025. Q3 revenue was $633,865, up 7.4% YoY, producing the company's first quarterly gross profit of $6,817. The company recorded a Q3 net loss of $185,881 vs. a loss of $76,526 in Q3 2024, driven by higher public-company compliance and payroll costs.
For the nine months ended August 31, 2025, revenue was $1.956M (+7.8% YoY), net loss $498,484, operating cash use $(640,210), and year-to-date financing inflows of $14.103M leaving cash of $13.553M at period end.
Elite Express Holding (NASDAQ:ETS), a California-based last-mile delivery services provider, has successfully completed its Initial Public Offering (IPO). The company sold 3.8 million shares of Class A common stock at $4.00 per share, raising approximately $15.2 million in gross proceeds before deducting underwriting discounts and offering expenses.
The shares began trading on the Nasdaq Capital Market on August 21, 2025. Underwriters have a 45-day option to purchase up to an additional 570,000 shares at the IPO price. Dominari Securities is leading the offering, with Revere Securities as co-underwriter and Pacific Century Securities serving as advisor.
Elite Express Holding Inc. (ETS), a California-based last-mile delivery service provider, has announced the pricing of its initial public offering. The company is offering 3,800,000 shares of Class A common stock at $4.00 per share, aiming to raise approximately $15.2 million in gross proceeds.
The shares will begin trading on the Nasdaq Capital Market under the ticker symbol "ETS" on August 21, 2025. Underwriters have a 45-day option to purchase up to 570,000 additional shares. Dominari Securities LLC is leading the offering, with Revere Securities as co-underwriter and Pacific Century Securities, LLC serving as advisor.
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