Elite Express Holding Inc

eliteexpressholding.com

What Do They Do?

Provides last-mile package pickup and delivery services in California for FedEx.

How Do They Make Money?

FedEx pays fixed weekly service and branding charges over the service period, plus charges for completed stops and packages; charges are incurred and paid weekly.

FY2025 revenue

Who Are Their Customers?

FedEx is the direct customer under an independent service provider agreement; the company picks up and delivers packages to FedEx's recipients in designated California service areas.

Customers above 10% of revenue, FY2025

of revenue from one customer

Do Revenues Turn Into Profits?

No. It lost $2.2M in FY2025.

Operating income, FY2025

−94% of revenue

▲ +1079% (Loss) vs FY2024 (−$212.3K, −9%)

Net income, FY2025

−82% of revenue

▲ +478% (Loss) vs FY2024 (−$378.4K, −15%)

Free cash flow, FY2025

−109% of revenue

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q3 FY2026, the three months to Aug 31, 2026

Revenue: ▲ +21%; vs $633.9K in Q3 FY2025
Net income: ▲ +309% (Loss); vs −$185.9K in Q3 FY2025

Aug 7, 2026 Nasdaq confirms the company regained bid-price compliance Nasdaq said the matter was closed after the stock maintained the required minimum bid price for 10 consecutive business days.
Jun 8, 2026 The company appointed Ye Hua as chief financial officer Hua became the company's principal financial officer and principal accounting officer, effective June 8, 2026.
Apr 30, 2026 Nasdaq granted more time to meet its bid-price rule The additional compliance period ran through October 26, 2026.

Who Do They Compete With?

Competes with Amazon Logistics, Aramex, DHL, DoorDash, DPD, Grubhub, Postmates, UPS, USPS, Uber Eats, and Instacart

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