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Elite Express Holding Inc. (ETS)

Elite Express Holding Inc. (ETS)

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Cash Flow Overview

Change in Cash
$5,167,926
Free Cash flow
-$3,096,011
Unit: Dollar
Positive Cash Flow Breakdown
    • Proceeds from issuance of common...
    • Repayments from loans to non-rel...
    • Decrease in prepaid d&o insuranc...
    • Others
Negative Cash Flow Breakdown
    • Net loss
    • (decrease) increase in prepaid e...
    • Accrued interest income
    • Others
Cash Flow
2026-05-31
2026-02-28
2025-11-30
2025-08-31
Net loss
-2,532,942
-110,104
-1,687,503
-498,484
Amortization of intangible assets
13,800
13,800
13,800
41,400
Depreciation of plant and equipment
19,944
2,728
51,838
147,268
Plant and equipment written off
9,340
-
-
-
Accrued interest income
225,552
199,830
179,309
-
Deferred tax benefit
-
-
-106,698
-
Deferred tax provision (benefit)
-
-
-
-64,152
Accrued current income tax expense
3,200
-1,600
-1,600
-
Decrease in accounts receivable
-25,735
11,829
17,142
-1,045
Decrease in prepaid d&o insurance
-35,549
-35,549
-35,550
137,993
(decrease) increase in prepaid expenses and other current assets
455,089
770,211
656,118
-50,495
(decrease) increase in accounts payable
-12,278
17,707
1,763
-1,845
Decrease in other payables and other current liabilities
28,682
-228,049
298,490
-177,944
Net cash used in operating activities
-3,096,011
-1,248,639
-2,179,576
-640,210
Purchase of property and equipment
0
6,418
6,417
79,908
Loans made to non-related companies
-
-
9,999,811
-
Repayments from loans to non-related companies
300,000
50,000
-
-
Net cash provided by investing activities
300,000
43,582
-10,006,228
-79,908
Capital contributions from stockholders
-
-
0
630,000
Payment of deferred offering costs
-
-
0
346,078
Repayment of borrowings from related parties
-
-
24,038
5,000
Net proceeds from initial public offering
-
-
0
13,717,940
Borrowing from premium finance
-
-
0
142,197
Proceeds from issuance of common stock under private placement agreement
8,000,000
-
-
-
Repayment to premium finance
36,063
35,407
34,766
35,961
Net cash provided by financing activities
7,963,937
-35,407
-58,804
14,103,098
Net increase (decrease) in cash
5,167,926
-1,240,464
-12,244,608
13,382,980
Cash, beginning of period
68,065
1,308,529
13,553,137
170,157
Cash, end of period
5,235,991
68,065
1,308,529
13,553,137
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from issuance ofcommon stock under...$8,000,000 Repayments from loans tonon-related companies$300,000 Net cash provided byfinancing activities$7,963,937 Net cash provided byinvesting activities$300,000 Canceled cashflow$36,063 Net increase(decrease) in cash$5,167,926 Canceled cashflow$3,096,011 Repayment to premiumfinance$36,063 Decrease in prepaid d&oinsurance-$35,549 Decrease in otherpayables and other...$28,682 Decrease in accountsreceivable-$25,735 Depreciation of plant andequipment$19,944 Amortization of intangibleassets$13,800 Plant and equipmentwritten off$9,340 Net cash used inoperating activities-$3,096,011 Canceled cashflow$133,050 Net loss-$2,532,942 (decrease) increase inprepaid expenses and...$455,089 Accrued interest income$225,552 (decrease) increase inaccounts payable-$12,278 Accrued current incometax expense$3,200