Elvictor net profit rises 125.15% to $135,613 in Q1 FY26; revenue climbs 63.5% to $985,022

ELVICTOR GROUP INC

ELVICTOR GROUP INC

ELVG

0.00

  • Elvictor Group posted net profit of USD 135,613 for the quarter ended March 31, 2026, up from USD 60,230 a year earlier.
  • Revenue rose 63.5% to USD 985,022, while cost of revenue more than doubled to USD 385,131.
  • Operating expenses increased 11.9% to USD 448,670, on higher professional fees and salary costs.
  • Working capital deficit widened to USD 1.25 million from USD 512,958 at Dec. 31, 2025, while net cash used in operating activities was USD 356,091.
  • The company said it manages over 2,000 seafarers and expanded into ship management with the acquisition of Ultra Shipmanagement, which received a Det Norske Veritas AS approved Interim Document of Compliance.


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. Elvictor Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-059466), on May 20, 2026, and is solely responsible for the information contained therein.