Overview
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- TickerELVG on OTC1
- IndustryServices-Management Consulting Services1
- HeadquartersNV1
- Incorporated inNV2
- Business addressVassileos Constantinou 79, Vari, Attiki, J3 166722
- Filer categoryNon-accelerated filer, Smaller reporting company2
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The technical management includes the maintenance of the machinery and repair work of the ship to ensure the technical availability of the vessel.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue26¢$622.7K
- Other costs74¢$1.8M
- Income tax0¢$9.6K
Out of $2.4M in revenue.56 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending3¢$11.2K
- Kept or used elsewhere97¢$407.2K
Out of $418.4K of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Gross Revenue | $1.9M | $1.8M |
| Net Revenue | $556.7K | $576.9K |
| Total Revenue | $2.4M | $2.4M |
| Less: Cost of Revenue | $570.9K | $485.7K |
| Cost of Revenue - Related Party | $51.8K | $67.0K |
| Total Cost of Revenue | $622.7K | $552.7K |
| Gross Profit | $1.8M | $1.9M |
| Professional fees | $270.1K | $286.2K |
| Professional fees - Related Party | $201.0K | $66.0K |
| Salaries | $1.3M | $1.1M |
| Rent -Related Party | $61.0K | $58.4K |
| Bad Debt Expense | $10.4K | |
| Depreciation and Amortization | $58.2K | $55.2K |
| Other general and administrative costs | $168.2K | $153.3K |
| Total operating expenses | $2.0M | $1.7M |
| Profit/(Loss) from operations | -$209.7K | $177.5K |
| Foreign Currency Translation Adjustment | -$25.7K | $5.9K |
| Other Income | $74.9K | $60.3K |
| Total other income (expense) | $49.1K | $66.2K |
| Net Income/(Loss) before income tax | -$160.6K | $243.7K |
| Provision for income taxes | $15.1K | $44.0K |
| Net Income/(Loss) | -$175.7K | $199.8K |
| Basic (in Dollars per share) | -$0.21 | $0.24 |
| Fully diluted (in Dollars per share) | -$0.21 | $0.24 |
| Basic (in Shares) | 828.9K shares | 828.9K shares |
| Fully diluted (in Shares) | 828.9K shares | 828.9K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 9 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Cash | $491.0K | $101.1K | |||
| Accounts Receivable | $411.2K | $389.9K | |||
| Other Receivables | $19.5K | $29.9K | |||
| Prepaid expenses and other current assets | $57.6K | $96.3K | |||
| Total Current Assets | $979.2K | $617.2K | |||
| Intangible Assets, Net | $60.9K | $93.2K | |||
| Office Equipment, net | $13.5K | $11.0K | |||
| Total Non-current Assets | $1.1M | $1.2M | |||
| Total Assets | $2.0M | $1.8M | |||
| Accounts Payable | $40.0K | $17.5K | |||
| Trade Accounts Payable | $209.1K | $176.6K | |||
| Other Payables | $707.3K | $371.8K | |||
| Accrued and Other Liabilities | $203.2K | $274.2K | |||
| Total Current Liabilities | $1.5M | $1.1M | |||
| Total Long-term Liabilities | $185.3K | $208.9K | |||
| Total Liabilities | $1.7M | $1.3M | |||
| Common stock, par value $0.0001; 700,000,000 common shares authorized; 414,448,757 common shares issued and outstanding both at December 31, 2025 and December 31, 2024 | $83 | $83 | |||
| Additional paid-in capital | $45.2M | $45.2M | |||
| Accumulated deficit | -$44.8M | -$44.7M | |||
| Total Stockholders Equity | $357.1K | $514.3K | $505.7K | $593.0K | $532.8K |
| Total Liabilities and Stockholders Equity | $2.0M | $1.8M | |||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Common stock, shares authorized (in Shares) | 700.0M shares | 700.0M shares | |||
| Common stock, shares issued (in Shares) | 828.9K shares | 828.9K shares | |||
| Common stock, shares outstanding (in Shares) | 828.9K shares | 828.9K shares |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash | $491.0K | $101.1K | |||||||
| Accounts Receivable | $411.2K | $389.9K | |||||||
| Other Receivables | $19.5K | $29.9K | |||||||
| Prepaid expenses and other current assets | $57.6K | $96.3K | |||||||
| Total Current Assets | $979.2K | $617.2K | |||||||
| Intangible Assets, Net | $60.9K | $93.2K | |||||||
| Office Equipment, net | $13.5K | $11.0K | |||||||
| Total Non-current Assets | $1.1M | $1.2M | |||||||
| Total Assets | $2.0M | $1.8M | |||||||
| Accounts Payable | $40.0K | $17.5K | |||||||
| Trade Accounts Payable | $209.1K | $176.6K | |||||||
| Other Payables | $707.3K | $371.8K | |||||||
| Accrued and Other Liabilities | $203.2K | $274.2K | |||||||
| Total Current Liabilities | $1.5M | $1.1M | |||||||
| Total Long-term Liabilities | $185.3K | $208.9K | |||||||
| Total Liabilities | $1.7M | $1.3M | |||||||
| Common stock, par value $0.0001; 700,000,000 common shares authorized; 414,448,757 common shares issued and outstanding both at December 31, 2025 and December 31, 2024 | $83 | $83 | |||||||
| Additional paid-in capital | $45.2M | $45.2M | |||||||
| Accumulated deficit | -$44.8M | -$44.7M | |||||||
| Total Stockholders Equity | $357.1K | $514.3K | $505.7K | $593.0K | $532.8K | $567.3K | $442.2K | $307.0K | $229.9K |
| Total Liabilities and Stockholders Equity | $2.0M | $1.8M | |||||||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |||||||
| Common stock, shares authorized (in Shares) | 700.0M shares | 700.0M shares | |||||||
| Common stock, shares issued (in Shares) | 828.9K shares | 828.9K shares | |||||||
| Common stock, shares outstanding (in Shares) | 828.9K shares | 828.9K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Income/ (Loss) | -$175.7K | $199.8K |
| Depreciation | $8.7K | $10.2K |
| Amortization | $49.5K | $45.0K |
| Amortization of ROU Asset | $15.3K | $62.1K |
| Adjustment to Additional Paid-In-Capital for cancellation of debt | $103.2K | |
| Accounts Receivable | -$21.2K | -$20.0K |
| Other Receivables | $10.4K | $8.0K |
| Other Receivables - Related Party | $123.2K | -$448.2K |
| Prepaid expenses and other current assets | $38.8K | $42.1K |
| Accounts Payable | $22.5K | -$14.8K |
| Trade Accounts Payable | $32.5K | $24.2K |
| Trade Accounts Payable - Related Party | $24.5K | -$42.5K |
| Other Payables | $335.5K | -$490.1K |
| Accrued and Other Liabilities | -$71.1K | $26.3K |
| Lease Liability | -$15.3K | -$62.1K |
| Due to related party | $40.7K | -$26.6K |
| Net cash provided by/(used in) operating activities | $418.4K | -$583.5K |
| Office Equipment | -$11.2K | -$6.9K |
| Software | -$17.3K | -$7.9K |
| Net cash used in investing activities | -$28.5K | -$14.7K |
| Net Increase (Decrease) in Cash | $389.9K | -$598.3K |
No quarter-by-quarter statement was filed.
Corporate structure
Elvictor Group, Inc. sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- Elvictor Group, Inc. NV
- Elvictor Group Hellas Single Member S.A. Subsidiary · Greece
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Elvictor Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $13.5K5 Dec 31, 2025 | $11.0K5 Dec 31, 2024 | +22.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $491.0K5 Dec 31, 2025 | $101.1K5 Dec 31, 2024 | +385.7% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $60.9K5 Dec 31, 2025 | $93.2K5 Dec 31, 2024 | −34.6% |
| Accumulated amortization | $179.6K5 Dec 31, 2025 | $130.1K5 Dec 31, 2024 | +38.0% |
| Finite-lived intangibles, net | $60.9K5 Dec 31, 2025 | $93.2K11 Dec 31, 2024 | −34.6% |
Properties, in its own words
Our principal business and corporate address is Vassileos Constantinou 79, Vari, 16672, Attiki, Greece, which is being provided to the Company through a lease agreement with Aikaterini Galanaki, our Chairman’s, Stavros Galanakis’ wife, at a monthly cost of €3,500). The specific lease has been renewed for a period starting from January 1, 2023, to December 31, 2030. We consider our office space adequate for our current operations.
On October 1, 2021, the Company entered into a second lease agreement with the wife of Stavros Galanakis for its then new subsidiary in Vari, Greece for Ultra Ship Management. The lease is from October 1, 2021, to December 31, 2024, with a fixed monthly rental of 1,000€.In October 2024, the Company renewed this office lease and the lease was extended until September 30, 2027.
Item 2 of the 10-K filed Apr 6, 2026.4
Leadership
Who has led Elvictor Group, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerKonstantinos Galanakis Oct 15, 2020 to Jan 27, 202313
- ChairStavros Galanakis Jan 27, 2023 to Jan 27, 202314
- Chief financial officerKonstantinos Galanakis Jan 27, 2023 to Jan 27, 202315
- Chief operating officerChristodoulos Tzoutzakis Jan 27, 2023 to Jan 27, 202316
Board members and other officers (3)
- CIROPanagiotis Tolis Mar 19, 2021 to Mar 19, 202117
- Board memberPanagiotis Tolis Mar 19, 2021 to Mar 19, 202117
- Board memberKonstantinos Galanakis Oct 15, 2020 to Jan 27, 202313
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Elvictor Group Hellas Single Member S.A. Greece3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Thenablers, Inc.May 25, 2018 to Feb 6, 20202
Timeline
- Jun 11, 20268-K Executive or director change18
- Jun 11, 20268-K Executive or director change19
- May 20, 20268-K Results of operations20
- Mar 18, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed; Other events21
- Feb 9, 20268-K Regulation FD disclosure; Other events22
- Dec 23, 20248-K Regulation FD disclosure23
- Dec 17, 20248-K Other events24
- Jan 13, 20238-K Other events25
- Jan 3, 20238-K Executive or director change26
- Jan 3, 20238-K Executive or director change27
- Nov 17, 20228-K Results of operations; Regulation FD disclosure28
- Nov 1, 20228-K Executive or director change29
- Oct 15, 2020New chief executive Konstantinos Galanakis becomes CEO13
Calendar
When it reported results
- May 20, 2026Reported quarterly or annual results20
- Nov 17, 2022Reported quarterly or annual results28
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
52 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 15 major events, 3 insider forms, 12 other. The latest 20:
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Jun 11, 20268-K CURRENT REPORT EDGAR
- Jun 11, 20268-K CURRENT REPORT EDGAR
- May 20, 20268-K CURRENT REPORT EDGAR
- May 20, 202610-Q QUARTERLY REPORT EDGAR
- May 15, 2026NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Apr 6, 202610-K ANNUAL REPORT EDGAR
- Mar 31, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Mar 18, 20268-K CURRENT REPORT EDGAR
- Feb 17, 2026DEF 14C DEFINITIVE INFORMATION STATEMENT EDGAR
- Feb 9, 20268-K EDGAR
- Feb 6, 2026PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
- Nov 14, 202510-Q QUARTERLY REPORT EDGAR
- Aug 8, 202510-Q QUARTERLY REPORT EDGAR
- May 15, 202510-Q QUARTERLY REPORT EDGAR
- Apr 14, 202510-K ANNUAL REPORT EDGAR
- Mar 31, 2025NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Dec 23, 20248-K/A AMENDMENT NO. 1 TO FORM 8-K EDGAR
- Dec 17, 20248-K EDGAR
- Nov 13, 202410-Q QUARTERLY REPORT EDGAR
The 52 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Elvictor Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARElvictor Group, Inc.1
- CIK0001741489
- Employer ID (EIN)82-32963284
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inNevada4
- Fiscal year endsDecember 311
- Industry code (SIC)8742 Services-Management Consulting Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressVassileos Constantinou 79, Vari, Attiki, J3 166721
- Phone(877) 374-41961
- Shares outstanding834,042 as of Aug 14, 20266
- Public float$8.5M as of Jun 30, 20254
- AuditorRBSM LLP, New York, NY PCAOB ID 587; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMay 25, 20181
- Filings124 in all: 8-K (25), 10-Q (24), 4 (10), UPLOAD (10), 10-K (8), CORRESP (8), POS AM (6), EFFECT (5)1
All 21 form types
NT 10-K (4), NT 10-Q (4), S-1/A (4), 3 (3), 8-K/A (3), 10-K/A (2), S-1 (2), 4/A (1), 8-A12G (1), D (1), DEF 14C (1), DEL AM (1), PRE 14C (1)
- Latest filingsAnnual report (10-K) Apr 6, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Jun 11, 2026
Risk factors and legal proceedings
Legal proceedings
Currently, we are not involved in any pending or threatened material litigation or other material legal proceedings, nor have we been made aware of any pending or threatened regulatory audits.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGARStavros Galanakis, Chair
- 15
- 16
- 17SEC EDGARPanagiotis Tolis, CIRO
- 18SEC EDGARExecutive or director change
- 19SEC EDGARExecutive or director change
- 20SEC EDGARResults of operations
- 21
- 22
- 23SEC EDGARRegulation FD disclosure
- 24SEC EDGAROther events
- 25SEC EDGAROther events
- 26SEC EDGARExecutive or director change
- 27SEC EDGARExecutive or director change
- 28
- 29SEC EDGARExecutive or director change