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. reports news about its California last-mile delivery business, which retrieves packages from distribution hubs and delivers them to recipients through a route-delivery operating model. Company updates focus on revenue trends, net losses, general and administrative expenses, fleet capacity, technology used to scale operations, and efforts to broaden revenue beyond FedEx service-provider work.
ETS also issues news tied to its transition to a public company, including its Nasdaq listing, Class A common stock offering, regulatory compliance costs, internal controls, governance infrastructure, and financial reporting milestones.
Elite Express Holding (Nasdaq: ETS) reported first quarter fiscal 2026 results for the period ended February 28, 2026. Revenue was $805,298, up 16.3% year-over-year, while net loss narrowed to $110,104, a 46.3% improvement.
Gross profit improved to $157,365 (19.4% margin) from a prior-year gross loss, cost of revenue fell to $647,933, and general and administrative expenses rose to $464,606. Loan interest income was $199,830, with $150,000 collected post-quarter.
Elite Express Holding (Nasdaq: ETS) reported full‑year results for the fiscal year ended November 30, 2025, following its public listing on August 20, 2025. Revenue was approximately $2.7 million, up 9.1% year‑over‑year, while net loss widened to $2.2 million from $0.4 million.
Gross profit was $18,211. General and administrative expenses rose to $1.6 million (up 286.1%), and the company recorded $0.9 million in R&D expenses. The company originated $10.0 million of loans that generated $191,475 interest income.
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.