For the quarter ending 2025-08-31, ETS had $13,382,980 increase in cash & cash equivalents over the period. -$720,118 in free cash flow.
| Cash Flow | 2025-08-31 |
|---|---|
| Net loss | -498,484 |
| Amortization of intangible assets | 41,400 |
| Depreciation of property and equipment | 147,268 |
| Deferred tax provision (benefit) | -64,152 |
| Accounts receivable | -1,045 |
| Prepaid d&o insurance | 137,993 |
| Prepaid expenses and other current assets | -50,495 |
| Accounts payable | -1,845 |
| Other payables and other current liabilities | -177,944 |
| Net cash provided by (used in) operating activities | -640,210 |
| Purchase of property and equipment | 79,908 |
| Net cash used in investing activities | -79,908 |
| Capital contributions from stockholders | 630,000 |
| Payment of deferred offering costs | 346,078 |
| Repayment of borrowings from related parties | 5,000 |
| Net proceeds from initial public offering | 13,717,940 |
| Repayments of loans and borrowings | 35,961 |
| Borrowing for insurance premium | 142,197 |
| Net cash provided by (used in) financing activities | 14,103,098 |
| Net increase (decrease) in cash | 13,382,980 |
| Cash and cash equivalents at beginning of period | 170,157 |
| Cash and cash equivalents at end of period | 13,553,137 |
Elite Express Holding Inc. (ETS)
Elite Express Holding Inc. (ETS)