Elite Express Holding Inc. (Class A) (ETS) Next Earnings Date & Expected ±12.5% Move

Per the Roarable RQD rating, ETS scores 39 out of 100, a letter grade of D- under the verdict "Roarable Sell — Vulnerable Balance Sheet & Flow." Across the five pillars, the Fundamental Cash Engine scores 6 of 20, reflecting an ROIC of -16.6% and an FCF yield of -3.45%. Whale 13F Flow scores 11 of 20 on institutional accumulation and options positioning. Insider Conviction scores 3 of 20 based on SEC Form 4 and Congressional PTR cluster flow. Macro Regime Fit scores 11 of 20, with a beta of 1.0 and sector sensitivity. Forensic Balance Sheet scores 8 of 20, based on an Altman Z of 2.5, a Piotroski F of 2/9, and a Debt/Equity of 0.5.

For a prospective investor, the rating's weakest elements are cash generation and insider conviction, which together indicate that the reported operating losses and negative free cash flow are not offset by insider buying in the source data. The upside case rests mainly on institutional positioning and a balance sheet that the Altman Z places in a middle zone rather than a distressed one. Valuation tradeoffs are difficult to judge because the P/E, forward P/E, and EV/EBITDA multiples are not available in source data, so the investor cannot benchmark the current $1.73 price against earnings. The rating therefore frames ETS as a speculative, cash-consuming small-cap whose outcome depends heavily on whether revenue growth can translate into operating profit.

Per the SEC financials, revenue rose from $2.2M in FY 2024 to $2.7M in FY 2025, but operating income deteriorated from $-0.1M to $-2.5M and free cash flow turned from $0.2M to $-2.9M. Per the market data, gross margin is 0.7%, operating margin is -60%, and net margin is -60%, with ROIC at -16.6%. Per the Roarable RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 2/9, with Debt/Equity at 0.5. Debt and EPS are not reported as numeric values in the SEC financials, so the balance sheet posture can only be characterized through the cash balance of $1.3M and the scores provided.

Per the recent news feed, six items reference ETS. The headlines include a report of third quarter 2026 results from Yahoo Finance, a release of Q3 2026 financial results from AlphaStreet, and a report from Stock Titan that stock, debt and warrants could be sold under an amended offering plan. A TradingView 10-Q summary lists revenue of $766.42K and EPS of ($0.02) for the period. The offering-plan item is the most material risk watch item because it points to potential dilution through equity, debt, or warrant issuance. A ChartMill small-cap movers report is tagged as a catalyst, and a TradingKey most-active report reflects trading interest. The butterfly supply-chain graph reports no supply chain and no links or proprietary signals, so no cross-company signal is available.

Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with no butterfly links and no proprietary signals. Upstream and downstream dependencies cannot be mapped from the source data. The only sector-level information available is the Industrials classification and the Trucking Freight/Courier Services industry. An investor should watch whether the amended offering plan reported in the news feed affects equity supply, since dilution would act as a second-order pressure on a stock whose shares trade at $1.73 with a market capitalization of $84.3M.

• What are the reported P/E, forward P/E, EV/EBITDA, and EPS figures, which the source data does not provide?
• What is the total debt balance, since the SEC financials list debt as N/A for both periods?
• What is the scope and size of the amended offering plan, and how many shares, debt instruments, or warrants could be issued?
• What drove the swing from an operating loss of $-0.1M in FY 2024 to $-2.5M in FY 2025 despite revenue growth?
• Who are the institutional and insider holders, given that the holders section is empty in the source data?