United Express Inc. (OTC: UNXP) is an early-stage logistics and combat sports company that provides long and short distance transportation management services and dispatch services to clients, while also holding assets to promote live combat sports events. Revenue is transactional, priced on a per-shipment basis factoring size, type, distance, route fuel costs, and delivery time, with a secondary dispatch service for supply chain and delivery operations. The company reported $240,717 in revenue and a net loss of $2,481,158 for the fiscal year ended June 30, 2024. In September 2023, the company acquired assets from Fighting Leagues LV, including a Nevada State Athletic Commission Professional Promoter license covering MMA, boxing, and kickboxing events, plus lifetime broadcast and production rights to 40 shows and production and stage equipment. The company was formed on June 23, 2017, does not pay dividends, and acknowledges it faces competition from larger, better-capitalized logistics operators.

Revenue model

Transactional pricing on a per-shipment basis for logistics management services, with rates determined by shipment size, type, distance, route fuel costs, and delivery time. A secondary dispatch service is offered to product distributors and retailers. The combat sports segment has not commenced revenue generation as of the 10-K filing date (2024-09-30). Total revenue was $240,717 for the fiscal year ended June 30, 2024.

Products and services

Long and short distance logistics management services; dispatch services for supply chain and delivery operations; Nevada State Athletic Commission Professional Promoter license for MMA, boxing, and kickboxing events; lifetime broadcast and production rights to 40 previously held shows; production and stage equipment for live event production.

Customers and end markets

Product distributors and retailers for dispatch and logistics services. No specific customer counts or concentration data disclosed in the filing excerpts.

Value-chain role

Intermediary logistics manager and dispatcher connecting clients to transportation capacity, rather than operating its own fleet. In combat sports, a prospective event promoter and media rights holder.

Geographic exposure

Nevada (state promoter license). Target market areas for logistics are not specified by geography in the filing excerpts.

Source: SEC 10-K, filed 2024-09-30

Industry: Transportation Services