Elevate Service Group Q1 FY26 operating loss widens to $0.9 million; revenue totals $7.6 million

Serve Robotics Inc

Serve Robotics Inc

SERV

0.00
  • Elevate posted Q1 2026 revenue of $7.6 million, including a partial-period contribution from Charged Electric Services.
  • Operating loss widened to $0.9 million as results reflected non-recurring transaction costs, share-based compensation and technology investments.
  • Consolidated gross margin was 33%, while trailing 12-month revenue totaled $38.2 million with adjusted EBITDA of $4.2 million.
  • Cash was $4.9 million, with $14.8 million of current assets versus $7.4 million of current liabilities.
  • Four 2026 acquisitions lifted pro forma annualized revenue to about $90 million, with pro forma adjusted EBITDA margin of 12%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elevate Service Group Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605291713NEWSFILECNPR____20260529_299504_1) on May 29, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.