ELVG Elvictor Group, Inc.
Price Chart
Executive Summary
Elvictor Group reported Q1 2026 revenue of $985,022 (+63.6% YoY) and net income of $135,613 (+125.2% YoY), driven by nine new crew management contracts with a single shipping client. Gross margin contracted to 60.9% from 73.6% due to higher direct service costs, but strong top-line growth and operational leverage underpinned profitability improvement.
Key Financial Metrics
Actionable Insight
Strong Q1 results with accelerating revenue and earnings; monitor the upcoming 10-Q for gross margin trajectory and client concentration risk (nine contracts from one client). The stock may see positive momentum on growth narrative, but OTC liquidity warrants caution.
Key Facts
- Revenue $985,022 vs $602,378 YoY (+63.6%)
- Net income $135,613 vs $60,230 YoY (+125.2%)
- Gross profit $599,891 (35.4% increase); gross margin 60.9% vs 73.6%
- Nine new crew management contracts executed in Q1 with a single shipping client
- Seafarers under management exceeded 3,000 post-quarter-end
- Operating expenses $448,669, up 11.9% YoY
Financial Impact
Revenue increased $382,644 YoY; net income increased $75,383 YoY
Risk Factors
- Gross margin compression from 73.6% to 60.9% due to rising direct service costs
- Client concentration – nine new contracts came from a single shipping client
- OTC listing limits liquidity and institutional interest
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-059476 |
| Document: ea029167401ex99-1.htm | 0001213900-26-059476 |
| Document: 0001213900-26-059476-index-headers.html | 0001213900-26-059476 |
| Document: 0001213900-26-059476-index.html | 0001213900-26-059476 |
| Document: 0001213900-26-059476.txt | 0001213900-26-059476 |
| 8-K Data (Synthetic) | 0001213900-26-059476 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
8-K
| $2.00 awaiting T+5 | awaiting T+5 | — | $6.00 (+200.00%) |
|
May 20, 2026
25d ago
|
8-K
| $2.01 $5.62 | ▲ +179.60% | ▲ +177.81% | $6.00 (+198.51%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access