Elite Express Holding Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $56.0M
- Price
- $1.15
- % Change (Daily % change from the live per-ticker quote feed.)
- +6.48%
- Volume
- 8.8K
About
Operating across California, Elite Express Holding Inc. specializes in comprehensive final-mile logistics, seamlessly connecting businesses with their end-customers. Their services encompass the complete parcel journey, from initial collection and transit to ultimate delivery, further complemented by mechanisms for post-delivery feedback. These operations are efficiently executed using their fleet of trucks and trailers. Established in 2020, the company's headquarters are located in Laguna Hills, California.
Quick stats
Shares outstanding48.7M
Computed float20.2M
Float / shares41.6%
Cash runway (months)4.5
Key info
SectorIndustrials
IndustryTrucking
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002053641
AI Summary
AI-generated1/9
standardmixedearnings
Elite Express Holding Inc. Reports Second Quarter 2026 Results
Elite Express reported Q2 revenue of $726,829, up 15.3% year-over-year, driven by higher rates under a renewed FedEx agreement and improved operational execution.
Gross margin expanded significantly to 11.1% from 2.9% in the prior year, though the company posted a net loss of $2.53 million due to substantial new R&D investments and rising administrative costs associated with its IPO transition.
The company ended the quarter with $5.24 million in cash and generated $224,606 in interest income from its loan portfolio.
Red flags
- Net loss widened to $2.53M from $0.11M YoY despite revenue growth
- R&D expenses of $2.15M were nearly triple the company's quarterly revenue
- General and administrative expenses surged 398.1% due to public company compliance costs