$ELVG
Elvictor Group, Inc. Stock $elvg

$elvg Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000121390024067367 Filed on August 12, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$645.2K	$574.1K
YoY Change	16.92%	-4.54%
Cost Of Revenue	$145.4K	$128.8K
YoY Change	24.53%	19.27%
Gross Profit	$499.8K	$445.4K
YoY Change	14.88%	-6.34%
Gross Profit Margin	77.46%	77.57%
Selling, General & Admin		$402.6K
YoY Change		-31.75%
% of Gross Profit		90.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$13.80K
YoY Change		3.99%
% of Gross Profit		3.1%
Operating Expenses	$356.8K	$416.4K
YoY Change	-26.98%	-30.96%
Operating Profit	$143.0K	$28.93K
YoY Change	-367.15%	-122.66%
Interest Expense		$4.200K
YoY Change		202.16%
% of Operating Profit		14.52%
Other Income/Expense, Net	-$6.695K	$10.94K
YoY Change	-622.64%	686.48%
Pretax Income	$136.3K	$39.87K
YoY Change	-360.88%	-131.58%
Income Tax	$11.21K	$7.801K
% Of Pretax Income	8.22%	19.57%
Net Earnings	$125.1K	$32.07K
YoY Change	-329.41%	-125.4%
Net Earnings / Revenue	19.39%	5.59%
Basic Earnings Per Share	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	414.4M shares	414.4M shares
Diluted Shares Outstanding	414.4M shares	414.4M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments		$194.4K
YoY Change		13.04%
Cash & Equivalents	$105.9K	$194.4K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$498.8K	$468.8K
Other Receivables	$29.73K	$457.4K
Total Short-Term Assets	$1.461M	$1.700M
YoY Change	29.78%	44.02%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.63K	$13.55K
YoY Change	-28.2%	-28.0%
Goodwill
YoY Change
Intangibles	$101.9K	$112.1K
YoY Change	-26.94%	-25.47%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$360.1K	$373.6K
YoY Change	-16.96%	-19.95%
TOTAL ASSETS
Total Short-Term Assets	$1.461M	$1.700M
Total Long-Term Assets	$360.1K	$373.6K
Total Assets	$1.822M	$2.073M
YoY Change	16.79%	25.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$17.86K	$15.15K
YoY Change	-43.42%	-43.07%
Accrued Expenses	$245.8K	$262.7K
YoY Change	1.02%	489.12%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.025M	$1.411M
YoY Change	-3.51%	31.1%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00
YoY Change
Other Long-Term Liabilities		$220.4K
YoY Change		-12.86%
Total Long-Term Liabilities	$229.4K	$220.4K
YoY Change	-2.06%	-12.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.025M	$1.411M
Total Long-Term Liabilities	$229.4K	$220.4K
Total Liabilities	$1.254M	$1.631M
YoY Change	-3.25%	22.73%
SHAREHOLDERS EQUITY
Retained Earnings	-$44.63M	-$44.75M
YoY Change	-0.45%	-0.05%
Common Stock	$45.20M	$45.20M
YoY Change	0.23%	108949.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$567.3K	$442.2K
YoY Change
Total Liabilities & Shareholders Equity	$1.822M	$2.073M
YoY Change	16.79%	25.89%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$125.1K	$32.07K
YoY Change	-329.41%	-125.4%
Depreciation, Depletion And Amortization		$13.80K
YoY Change		3.99%
Cash From Operating Activities		-$221.9K
YoY Change		-21.85%
INVESTING ACTIVITIES
Capital Expenditures		$3.960K
YoY Change		-4.12%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		-$3.960K
YoY Change		-4.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities		-221.9K
Cash From Investing Activities		-3.960K
Cash From Financing Activities
Net Change In Cash		-225.9K
YoY Change		-21.6%
FREE CASH FLOW
Cash From Operating Activities		-$221.9K
Capital Expenditures		$3.960K
Free Cash Flow		-$225.9K
YoY Change		-21.6%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	414448757	shares
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	414448757	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	414448757	shares
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Address Address Line1 EntityAddressAddressLine1	Vassileos Constantinou 79
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Vari
	dei	Entity Address City Or Town EntityAddressCityOrTown	Attiki
	dei	Entity Address Country EntityAddressCountry	GR
	dei	City Area Code CityAreaCode	(877)
	dei	Local Phone Number LocalPhoneNumber	374-4196
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	414448757	shares
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	194392	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	699346	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	468834	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	369904	usd
CY2024Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	457385	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	37857	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	63270	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	138482	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	1699785	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	1664493	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	112074	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	130266	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	13549	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14358	usd
CY2024Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	373615	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	423342	usd
CY2024Q2	us-gaap	Assets Assets	2073400	usd
CY2023Q4	us-gaap	Assets Assets	2087835	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	15153	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	32312	usd
CY2024Q2	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	234188	usd
CY2023Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	152461	usd
CY2024Q2	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	719642	usd
CY2023Q4	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	861878	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	262747	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	247926	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1410823	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1622039	usd
CY2024Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	220380	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	235932	usd
CY2024Q2	us-gaap	Liabilities Liabilities	1631202	usd
CY2023Q4	us-gaap	Liabilities Liabilities	1857971	usd
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	414448757	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	414448757	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	414448757	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	414448757	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	41445	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	41445	usd
CY2024Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	45154034	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	45050884	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-44753281	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-44862465	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	442198	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	229864	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2073400	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2087835	usd
CY2024Q2	elvg	Gross Revenue GrossRevenue	454129	usd
CY2023Q2	elvg	Gross Revenue GrossRevenue	468287	usd
	elvg	Gross Revenue GrossRevenue	895455	usd
	elvg	Gross Revenue GrossRevenue	980608	usd
CY2024Q2	elvg	Net Revenue NetRevenue	120005	usd
CY2023Q2	elvg	Net Revenue NetRevenue	133161	usd
	elvg	Net Revenue NetRevenue	251388	usd
	elvg	Net Revenue NetRevenue	253090	usd
CY2024Q2	us-gaap	Revenues Revenues	574134	usd
CY2023Q2	us-gaap	Revenues Revenues	601448	usd
	us-gaap	Revenues Revenues	1146843	usd
	us-gaap	Revenues Revenues	1233698	usd
CY2024Q2	elvg	Cost Of Revenue Deductions CostOfRevenueDeductions	110289	usd
CY2023Q2	elvg	Cost Of Revenue Deductions CostOfRevenueDeductions	107962	usd
	elvg	Cost Of Revenue Deductions CostOfRevenueDeductions	220892	usd
	elvg	Cost Of Revenue Deductions CostOfRevenueDeductions	217918	usd
CY2024Q2	elvg	Cost Of Revenue Related Party CostOfRevenueRelatedParty	18480	usd
CY2023Q2	elvg	Cost Of Revenue Related Party CostOfRevenueRelatedParty	17950	usd
	elvg	Cost Of Revenue Related Party CostOfRevenueRelatedParty	34940	usd
	elvg	Cost Of Revenue Related Party CostOfRevenueRelatedParty	36990	usd
CY2024Q2	us-gaap	Cost Of Revenue CostOfRevenue	128769	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	125912	usd
	us-gaap	Cost Of Revenue CostOfRevenue	255832	usd
	us-gaap	Cost Of Revenue CostOfRevenue	254908	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	445365	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	475536	usd
	us-gaap	Gross Profit GrossProfit	891011	usd
	us-gaap	Gross Profit GrossProfit	978790	usd
CY2024Q2	us-gaap	Professional Fees ProfessionalFees	83621	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	108906	usd
	us-gaap	Professional Fees ProfessionalFees	133433	usd
	us-gaap	Professional Fees ProfessionalFees	163313	usd
CY2024Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	265114	usd
CY2023Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	425404	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	515733	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	788345	usd
CY2024Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	14534	usd
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	14714	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	29196	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	29203	usd
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	3113	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	3113	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	13803	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	13265	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	27651	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	26174	usd
CY2024Q2	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	39361	usd
CY2023Q2	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	37791	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	83368	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	97786	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	416433	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	603193	usd
	us-gaap	Operating Expenses OperatingExpenses	789381	usd
	us-gaap	Operating Expenses OperatingExpenses	1107935	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	28932	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-127657	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	101630	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-129145	usd
CY2024Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	4197	usd
CY2023Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	1391	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	8556	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-5531	usd
CY2024Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	6743	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	6799	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	10940	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1391	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	15355	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5531	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	39872	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-126266	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	116985	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-134676	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7801	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7801	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	32071	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-126266	usd
	us-gaap	Net Income Loss NetIncomeLoss	109184	usd
	us-gaap	Net Income Loss NetIncomeLoss	-134676	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	414448757	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	414448757	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	414448757	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	414448757	shares
	us-gaap	Net Income Loss NetIncomeLoss	109184	usd
	us-gaap	Net Income Loss NetIncomeLoss	-134676	usd
	us-gaap	Depreciation Depreciation	5563	usd
	us-gaap	Depreciation Depreciation	5346	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	22088	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	20827	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	39029	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	21849	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	98930	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	110573	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	419528	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	11622	usd
	us-gaap	Increase Decrease In Due From Other Related Parties Current IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent	97000	usd
	us-gaap	Increase Decrease In Due From Other Related Parties Current IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent	34000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-75212	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	85602	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-17159	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-7721	usd
	elvg	Increase Decrease In Trade Accounts Payable IncreaseDecreaseInTradeAccountsPayable	81727	usd
	elvg	Increase Decrease In Trade Accounts Payable IncreaseDecreaseInTradeAccountsPayable	-144753	usd
	elvg	Increase Decrease In Trade Accounts Payable Related Party IncreaseDecreaseInTradeAccountsPayableRelatedParty	-48909	usd
	elvg	Increase Decrease In Trade Accounts Payable Related Party IncreaseDecreaseInTradeAccountsPayableRelatedParty	96559	usd
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-39086	usd
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-1886	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	14820	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	102262	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-39029	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-21849	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-84286	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-18007	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-496304	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-323847	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4754	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8162	usd
	us-gaap	Payments For Software PaymentsForSoftware	3896	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8650	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8162	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-504954	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-332009	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	699346	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	503981	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	194392	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	171972	usd
	elvg	Adjustment To Additional Paid In Captal For Cancellation Of Debt AdjustmentToAdditionalPaidInCaptalForCancellationOfDebt	103150	usd
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CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	229864	usd
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CY2024Q2	elvg	Adjustments To Additional Paid In Capital For Cancellation Of Debt AdjustmentsToAdditionalPaidInCapitalForCancellationOfDebt	103150	usd
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CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	444181	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-126266	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	317915	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 1 – DESCRIPTION OF BUSINESS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Elvictor Group, Inc., formerly known as Thenablers, Inc. (“Elvictor Group, Inc.” or the “Company”), was incorporated in the State of Nevada on November 3, 2017. With the change to the Elvictor name came the addition of the brand and a new team in crew management in the shipping industry. The new management team comes from Elvictor (the Greece-based private entity founded in 1977, which is the predecessor to the company whose business became a part of the business of Thenablers in 2019, the “Elvictor Greece”) that has been active across various value-adding activities of the shipping sector, most significantly, ship management, technical management, crewing & crew management. The Company’s professional core of activities includes crew management, training and the creation of in-house software related to crew and ship matters, for the amelioration of all its operations, facilitating both its employees and those that depend on them. The Company aims to broaden its scope of activities, expanding on to new areas, while refining the existing ones. Placing prime importance on digitalization, the Company plans on the extensive use of Artificial Intelligence, through the application of Machine and Deep Learning, in concert with the integration of a wide array of cloud systems. The strategic growth of the Company on a horizontal and vertical manner throughout the shipping industry will be reinforced with technologically adept tools, containing know-how and experience. Working on a technologically oriented path, the Company is flexible and open to other avenues of international business for the successful and profitable diversification of its portfolio.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 13, 2019, the Company filed a Certificate of Amendment with the Nevada Secretary of State to change its name from “Thenablers, Inc.” to “Elvictor Group, Inc.” (the “Name Change”), to better reflect its new business interests. On February 25,2020, FINRA approved the Name Change and the Company’s new stock symbol “ELVG”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of July 10, 2020, the Company founded Elvictor Group Hellas Single Member S.A., a subsidiary in Vari, Greece, to assist the management in facilitating the Company’s operations. Additionally, the Company purchased Ultra Ship Management, a Marshall Islands company that is licensed to provide ship management services, and which established their own subsidiary in Vari, Greece.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In January 2022, the Company established its fully owned subsidiary, ELVG Crew Management Ltd, incorporated in Cyprus, to facilitate its crew management operations.</p>
	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses and disclosure of contingent assets and liabilities at the date the unaudited condensed consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2024Q2	us-gaap	Property Plant And Equipment Useful Life PropertyPlantAndEquipmentUsefulLife	P3Y
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	us-gaap	Payments For Rent PaymentsForRent	5000	eur
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CY2024Q2	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	719642	usd
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CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
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CY2020Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	3000000	usd
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CY2021Q1	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	405725	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	111833	usd
CY2022Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	7000000	shares
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	210000	usd
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CY2019Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	30000	usd
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	us-gaap	Lease Cost LeaseCost	3500	eur
CY2023Q1	us-gaap	Lessee Operating Lease Lease Not Yet Commenced Renewal Term1 LesseeOperatingLeaseLeaseNotYetCommencedRenewalTerm1	P8Y
CY2023Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	1118000	usd
CY2024Q2	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	1014000	usd
CY2024Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	212870	usd
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CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	190664	usd
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CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	190664	usd
	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	7801	usd
CY2023	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	29621	usd
CY2023	elvg	Current Foreign Prior Year CurrentForeignPriorYear	2285	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	7801	usd
CY2023	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	31906	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7801	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31906	usd
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	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0001741489

Files In Submission

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$ELVG
Elvictor Group, Inc. Stock $elvg

2024 Q3 Form 10-Q Financial Statement

#000121390024067367 Filed on August 12, 2024

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$ELVG Elvictor Group, Inc. Stock $elvg

2024 Q3 Form 10-Q Financial Statement

#000121390024067367 Filed on August 12, 2024

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$ELVG
Elvictor Group, Inc. Stock $elvg