ETS on Nasdaq
Elite Express Holding Inc.
We are a holding company incorporated in Delaware.4 From its latest annual report
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerETS on Nasdaq1
- IndustryTrucking & Courier Services (No Air)1
- HeadquartersLaguna Hills, California1
- Incorporated inDE3
- Business address23046 Avenida De La Carlota, Suite 600, Laguna Hills, Ca 926533
- Filer category, Emerging growth company3
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We are a holding company incorporated in Delaware. Through our wholly owned subsidiary, JAR Transportation Inc, a California-based operating entity, we specialize in last-mile delivery services within California. Our core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients’ doorsteps. Committed to innovation and efficiency, our mission is to optimize last-mile logistics by providing efficient, reliable, and innovative delivery solutions.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 revenue72¢$2.6M
- Research and development25¢$922.8K
- Income tax3¢$105.1K
Out of $2.7M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-11-30 | 2024-10-31 |
|---|---|---|
| REVENUE | $2.7M | $2.2M |
| Cost of service | $253.1K | $172.2K |
| Cost of labor | $1.5M | $1.1M |
| Depreciation and amortization | $254.3K | $220.9K |
| Fuel | $402.8K | $368.1K |
| Maintenance and repairs | $276.5K | $258.5K |
| Total cost of revenue | $2.6M | $2.1M |
| GROSS PROFIT (LOSS) | $18.2K | $67.0K |
| General and administrative expenses | $1.6M | $122.5K |
| R&D expenses | $922.8K | |
| Total operating expenses | $2.5M | $122.5K |
| LOSS FROM OPERATIONS | -$2.5M | -$55.5K |
| Interest income (expense) | $191.5K | -$27.8K |
| Other income | $21.3K | $5.2K |
| Total other income (expense) | $212.8K | -$22.6K |
| LOSS BEFORE INCOME TAX BENEFIT | -$2.3M | -$78.1K |
| Income tax benefit | -$105.1K | -$384 |
| NET LOSS | -$2.2M | -$77.7K |
| Loss per common share - basic (in dollars per share) | -$0.16 | |
| Loss per common share - diluted (in dollars per share) | -$0.16 | |
| Weighted average shares - basic (in shares) | 14.0M shares | |
| Weighted average shares - diluted (in shares) | 14.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2025-11-30 | 2024-12-31 | 2024-11-30 | 2024-10-31 | 2023-11-30 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $1.3M | $170.2K | |||
| Accounts receivable | $72.6K | $56.5K | |||
| Loans receivable | $10.0M | ||||
| Prepaid D&O insurance | $102.4K | ||||
| Prepaid expenses and other current assets | $898.2K | $113.3K | |||
| TOTAL CURRENT ASSETS | $12.4M | $339.9K | |||
| Plant and equipment | $167.0K | $279.8K | |||
| Intangible assets | $487.6K | $542.8K | |||
| Goodwill | $668.9K | $668.9K | |||
| TOTAL ASSETS | $13.7M | $1.8M | |||
| Accounts payable | $20.9K | $21.0K | |||
| Insurance premium financing payable | $71.5K | ||||
| Tax payable | $2.4K | $800 | |||
| TOTAL CURRENT LIABILITIES | $513.2K | $348.7K | |||
| Deferred tax liability | $106.7K | ||||
| TOTAL LIABILITIES | $513.2K | $455.4K | |||
| Additional paid-in capital | $15.7M | $1.7M | |||
| Adjustments in retained earnings | -$2.5M | -$309.0K | |||
| TOTAL STOCKHOLDERS' EQUITY | $13.2M | $1.4M | $437.7K | $40.0K | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $13.7M | $1.8M | |||
| Common stock, par value | $0.00 | $0.00 | $0.00 | ||
| Common stock, shares authorized | 1.0B shares | 1.0B shares | 1.0B shares | ||
| Common stock, shares issued | 16.7M shares | 12.9M shares | |||
| Common stock, shares outstanding | 16.7M shares | 12.9M shares | |||
| Reverse stock split | 0 pure |
| Period ending | 2025-11-30 | 2024-12-31 | 2024-11-30 | 2024-10-31 | 2023-11-30 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $1.3M | $170.2K | |||
| Accounts receivable | $72.6K | $56.5K | |||
| Loans receivable | $10.0M | ||||
| Prepaid D&O insurance | $102.4K | ||||
| Prepaid expenses and other current assets | $898.2K | $113.3K | |||
| TOTAL CURRENT ASSETS | $12.4M | $339.9K | |||
| Plant and equipment | $167.0K | $279.8K | |||
| Intangible assets | $487.6K | $542.8K | |||
| Goodwill | $668.9K | $668.9K | |||
| TOTAL ASSETS | $13.7M | $1.8M | |||
| Accounts payable | $20.9K | $21.0K | |||
| Insurance premium financing payable | $71.5K | ||||
| Tax payable | $2.4K | $800 | |||
| TOTAL CURRENT LIABILITIES | $513.2K | $348.7K | |||
| Deferred tax liability | $106.7K | ||||
| TOTAL LIABILITIES | $513.2K | $455.4K | |||
| Additional paid-in capital | $15.7M | $1.7M | |||
| Adjustments in retained earnings | -$2.5M | -$309.0K | |||
| TOTAL STOCKHOLDERS' EQUITY | $13.2M | $1.4M | $437.7K | $40.0K | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $13.7M | $1.8M | |||
| Common stock, par value | $0.00 | $0.00 | $0.00 | ||
| Common stock, shares authorized | 1.0B shares | 1.0B shares | 1.0B shares | ||
| Common stock, shares issued | 16.7M shares | 12.9M shares | |||
| Common stock, shares outstanding | 16.7M shares | 12.9M shares | |||
| Reverse stock split | 0 pure |
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.2
| Period ending | 2025-11-30 | 2024-10-31 |
|---|---|---|
| Net loss | -$2.2M | -$77.7K |
| Amortization of intangible assets | $55.2K | |
| Depreciation of plant and equipment | $199.1K | $220.9K |
| Accrued interest income | -$179.3K | |
| Deferred tax benefit | -$106.7K | $1.0K |
| Accrued current income tax expense | $1.6K | |
| (Decrease) increase in accounts receivable | -$16.1K | $57.4K |
| Increase in prepaid D&O insurance | -$102.4K | |
| Increase in prepaid expenses and other current assets | -$605.6K | -$1.0K |
| (Decrease) increase in accounts payable | -$82 | |
| (Decrease) increase in other payables and other current liabilities | $120.5K | $3.2K |
| Net cash provided by (used in) operating activities | -$2.8M | $203.8K |
| Purchase of plant and equipment | -$86.3K | |
| Loans made to non-related companies | -$10.0M | |
| Net cash used in investing activities | -$10.1M | |
| Capital contributions from stockholders | $630.0K | |
| Payment of deferred offering costs | -$346.1K | |
| Repayment of borrowings from related parties | -$29.0K | |
| Net proceeds from Initial Public Offering | $13.7M | |
| Borrowing from a related party | -$205.5K | |
| Borrowing from premium finance | $142.2K | |
| Repayment to premium finance | -$70.7K | |
| Stockholders' withdraw | $10.5K | |
| Net cash provided by (used in) financing activities | $14.0M | -$195.0K |
| Net increase in cash | $1.1M | $8.8K |
| Cash paid for income taxes | $1.6K | $1.0K |
| Cash paid for interest | $1.7K | $27.8K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Elite Express Holding Inc., and when. Pick a name to see everywhere that person has worked.
Board members and other officers (10)
- OfficerYe Hua Jun 9, 2026 to now7
- OfficerRobert W. Cook Aug 20, 2025 to now8
- OfficerYidan Chen Aug 20, 2025 to now9
- Board memberHuanhuan Tian Jan 5, 2026 to now10
- Board memberAdam Eilenberg Aug 20, 2025 to now11
- Board memberFrancis A. Braun Iii. Aug 20, 2025 to now12
- Board memberNinoslav Vasic Aug 20, 2025 to now13
- Board memberYidan Chen Aug 20, 2025 to now9
- Board memberHuaqin He Nov 17, 2025 to now14
- Board memberJianing Lu Dec 17, 2025 to now15
Filings
62 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 16 major events, 10 insider forms, 7 large holders, 23 other. The latest 20:
- Oct 14, 20268-K EDGAR
- Oct 14, 202610-Q EDGAR
- Oct 9, 2026S-3/A EDGAR
- Sep 8, 20268-K EDGAR
- Aug 31, 2026S-3 EDGAR
- Aug 7, 20268-K EDGAR
- Jul 14, 20268-K EDGAR
- Jul 14, 202610-Q EDGAR
- Jul 10, 2026DEF 14A EDGAR
- Jun 9, 20263 OWNERSHIP DOCUMENT EDGAR
- Jun 8, 20268-K EDGAR
- Apr 30, 20268-K EDGAR
- Apr 13, 20268-K EDGAR
- Apr 13, 202610-Q EDGAR
- Mar 18, 202610-K/A EDGAR
- Mar 11, 20268-K EDGAR
- Mar 6, 2026DEF 14C EDGAR
- Feb 27, 20268-K EDGAR
- Feb 27, 202610-K EDGAR
- Feb 24, 2026PRE 14C EDGAR
The 62 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.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Hawkeyes Investment LtdSCHEDULE 13G, 1 filing Nov 18, 202516
- Apex Management LtdSCHEDULE 13G, 1 filing Nov 10, 202517
- Grand Bright International Holdings LtdSCHEDULE 13G, 1 filing Nov 10, 202518
- Hillhouse Venture Capital LtdSCHEDULE 13G, 1 filing Nov 10, 202519
- Huan LiuSCHEDULE 13G, 1 filing Nov 10, 202520
- Ping Capital Holdings LtdSCHEDULE 13G, 1 filing Nov 10, 202521
- Yidan ChenSCHEDULE 13G, 1 filing Nov 10, 202522
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Jane Street Group, LLC | 25,368 | $21.6K | 0.0% | −18,558 |
| Citadel Advisors LLC | 20,568 | $17.5K | 0.0% | −41,891 |
| Geode Capital Management, LLC | 17,046 | $14.5K | 0.0% | −17,227 |
| XTX Topco Ltd | 16,644 | $14.2K | 0.0% | −17,782 |
| Tower Research Capital LLC (TRC) | 8,367 | $7.1K | 0.0% | +4,386 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 7SEC EDGARYe Hua, Officer
- 8SEC EDGARRobert W. Cook, Officer
- 9SEC EDGARYidan Chen, Officer
- 10SEC EDGARHuanhuan Tian, Board member
- 11SEC EDGARAdam Eilenberg, Board member
- 12SEC EDGARFrancis A. Braun Iii., Board member
- 13SEC EDGARNinoslav Vasic, Board member
- 14SEC EDGARHuaqin He, Board member
- 15SEC EDGARJianing Lu, Board member
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