Earnings ·
Elite Express reports Q3 revenue of $766K and net loss of $760K
ETSElite Express Holding Inc.
Elite Express Holding Inc. reported financial results for the quarter ended August 31, 2026. Revenue increased 20.9% year over year to $766,422, driven by higher weekly service charges and improved operational efficiency that boosted gross profit to $95,759 from $6,817 in the prior-year period. However, a significant increase in general and administrative expenses, including professional fees and payroll related to public company compliance, resulted in a net loss of $760,138 compared to a net loss of $185,881 in the same period last year. The company also reported interest income of $135,359 from its loans receivable portfolio. Elite Express Holding Inc. operates as a provider of last-mile delivery services.