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Financial statements

Elite Express Holding Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Elite Express Holding Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025
Revenue2.67
Cost of revenue2.65
Gross profit0.02
Research and development0.92
General and administrative1.6
Operating expenses2.52
Operating income-2.5
Other non-operating income0.21
Pre-tax income-2.29
Income tax-0.11
Net income-2.19
EBITDA-2.3
EPS, basic-0.16
EPS, diluted-0.16
Shares, basic (weighted)14
Shares, diluted (weighted)14

Balance sheet

FY2025
Cash and equivalents1.31
Receivables0.07
Other current assets0.9
Total current assets12.4
Property, plant and equipment0.17
Goodwill0.67
Intangible assets0.49
Total assets13.7
Accounts payable0.02
Total current liabilities0.51
Total liabilities0.51
Paid-in capital15.7
Retained earnings-2.49
Shareholders' equity13.2
Total equity13.2
Total liabilities and equity13.7
Shares outstanding16.7

Cash flow statement

FY2025
Net income-2.19
Depreciation and amortization0.2
Deferred income tax-0.11
Change in receivables-0.02
Change in payables-0
Cash from operations-2.82
Capital expenditures-0.09
Cash from investing-10.1
Cash from financing14
Net change in cash1.14
Free cash flow-2.91
Interest paid0
Income taxes paid0

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to May 31, 2026; growth uses fiscal years. Valuation uses the share price of $1.59 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin9.4%Gross profit / revenue.
Operating margin-179.0%Operating income / revenue.
EBITDA margin-174.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-157.0%Pre-tax income / revenue.
Net margin-157.1%Net income / revenue.
Operating cash flow margin-238.9%Cash from operations / revenue.
Return on equity (ROE)-24.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-24.0%Net income / average total assets.
Return on invested capital (ROIC)-30.5%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue4.3%Depreciation and amortization / revenue.

Balance sheet health

MetricValueHow it is calculated
Current ratio71.2xCurrent assets / current liabilities.
Quick ratio21.5x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio21.3x(Cash + short-term investments) / current liabilities.
Liabilities / assets1.3%Total liabilities / total assets.
Working capital$17.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets6.0%(Goodwill + intangible assets) / total assets.
Tangible book value$17.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.15xRevenue / average total assets.
Fixed asset turnover20.3xRevenue / average property, plant and equipment.
Receivables turnover49.0xRevenue / average receivables.
Days sales outstanding7 days365 x average receivables / revenue.
Days payables4 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.27Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.17Revenue / diluted weighted shares.
Operating cash flow per share-$0.41Cash from operations / diluted weighted shares.
Book value per share$1.11Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.04Tangible book value / shares outstanding.
Cash per share$0.31(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$77.5MShare price x shares outstanding.
Enterprise value$72.2MMarket cap + total debt - cash - short-term investments.
P/S26.9xMarket cap / revenue.
P/B4.18xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book4.45xMarket cap / tangible book value, when positive.
EV/Sales25.1xEnterprise value / revenue.
Earnings yield-5.8%Net income / market cap (the inverse of P/E).
What was Elite Express Holding Inc.'s revenue in fiscal 2025?

Elite Express Holding Inc. reported revenue of $2.7M for fiscal 2025.

Was Elite Express Holding Inc. profitable in fiscal 2025?

No. It reported a net loss of $2.2M.

How much free cash flow did Elite Express Holding Inc. generate in fiscal 2025?

Cash from operations of $2.8M minus capital expenditures of $86.3K left free cash flow of -$2.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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