Strong Q1 results with accelerating revenue and earnings; monitor the upcoming 10-Q for gross margin trajectory and client concentration risk (nine contracts from one client). The stock may see positive momentum on growth narrative, but OTC liquidity warrants caution.
Price Chart
Executive Summary
Elvictor Group reported Q1 2026 revenue of $985,022 (+63.6% YoY) and net income of $135,613 (+125.2% YoY), driven by nine new crew management contracts with a single shipping client. Gross margin contracted to 60.9% from 73.6% due to higher direct service costs, but strong top-line growth and operational leverage underpinned profitability improvement.
Key Financial Metrics
Key Facts
- Revenue $985,022 vs $602,378 YoY (+63.6%)
- Net income $135,613 vs $60,230 YoY (+125.2%)
- Gross profit $599,891 (35.4% increase); gross margin 60.9% vs 73.6%
- Nine new crew management contracts executed in Q1 with a single shipping client
- Seafarers under management exceeded 3,000 post-quarter-end
- Operating expenses $448,669, up 11.9% YoY
Financial Impact
Revenue increased $382,644 YoY; net income increased $75,383 YoY
Risk Factors
- Gross margin compression from 73.6% to 60.9% due to rising direct service costs
- Client concentration – nine new contracts came from a single shipping client
- OTC listing limits liquidity and institutional interest
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-059476 |
| Document: ea029167401ex99-1.htm | 0001213900-26-059476 |
| Document: 0001213900-26-059476-index-headers.html | 0001213900-26-059476 |
| Document: 0001213900-26-059476-index.html | 0001213900-26-059476 |
| Document: 0001213900-26-059476.txt | 0001213900-26-059476 |
| 8-K Data (Synthetic) | 0001213900-26-059476 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $5.78 | awaiting T+60 | — | $6.30 (−9.00%) |
Jun 11, 2026 19w ago | 8-K | $6.00 $6.30 | ▲ +5.00% | ▲ +0.34% | $6.30 (+5.00%) |
May 20, 2026 22w ago | 8-K | $2.01 $6.30 | ▲ +213.43% | ▲ +208.43% | $6.30 (+213.43%) |
US Market Status
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