Elite Express
Provides FedEx-contracted pickup, transport, and last-mile package delivery across a California service area.
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Profile
Provides package pickup, transportation, delivery, and post-delivery support under a FedEx independent service provider agreement. Revenue combines weekly service-coverage charges with activity-based fees, all from one customer in a single operating segment.
Provides package pickup from FedEx-designated locations, transportation from distribution centers, delivery to specified California addresses, and post-delivery monitoring and complaint response. Its wholly owned JAR Transportation subsidiary supplies vehicles and drivers, while GroundCloud supports routing, driver management, and compliance monitoring. Route design, delivery sequencing, equipment, and staffing are handled within the contract.
Earns weekly fixed fees for service-area coverage and branding compliance, plus activity-based fees for completed stops, packages, e-commerce, large-package work, surge stops, and fuel surcharges. All revenue and receivables come from FedEx, which also supplies the systems used to verify activity, price work, and operate its assigned service area. Labor, fuel, vehicles, insurance, maintenance, California employment requirements, and the FedEx agreement directly shape delivery execution.
Company facts
Categories
Key statistics
Year to date +58.6% · Average volume (30d) 81.0K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 14, 2026Q2 FY26 | — | −$0.15 | — | — | $726.8K | — | +5.23% |
| Apr 13, 2026Q1 FY26 | — | −$0.01 | — | — | $805.3K | — | +1.87% |
| Feb 27, 2026Q4 FY25 | — | −$0.11 | — | — | $709.7K | — | −0.43% |
Financial highlights
| 8 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $692.1K | $630.3K | $633.9K | $709.7K | $805.3K | $726.8K | |
| Gross profit | −$32.4K | $18.0K | $6.8K | $25.8K | $157.4K | $81.0K | |
| Operating income | −$316.0K | −$123.8K | −$144.8K | −$1.9M | −$307.2K | −$2.8M | |
| Net income | −$205.0K | −$107.6K | −$185.9K | −$1.7M | −$110.1K | −$2.5M | |
| Diluted EPS | −$0.01 | −$0.01 | −$0.01 | −$0.11 | −$0.01 | −$0.15 | |
| Gross margin | -4.7% | 2.9% | 1.1% | 3.6% | 19.5% | 11.1% | |
| Operating margin | -45.7% | -19.6% | -22.8% | -270.4% | -38.2% | -381.8% |
Fiscal years (4-quarter sums)FY25 $2.7M
Balance sheet, May 31, 2026Cash & short-term investments $5.2M · Total debt $0 · Total assets $18.8M · Shareholders' equity $18.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 48.72M · Float 36.90M · 75.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Huan Liu | 2.50M | 16.60% | 13G | Nov 10, 2025 |
| Yidan Chen | 1.67M | 11.70% | 13G | Nov 10, 2025 |
| Hawkeyes Investment Ltd | 766.7K | 6.10% | 13G | Nov 18, 2025 |
| Apex Management Limited | 766.7K | 6.10% | 13G | Nov 10, 2025 |
| Grand Bright International Holdings Limited | 766.7K | 6.10% | 13G | Nov 10, 2025 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Amazon
Largest alternative for U.S. last-mile parcel capacity.
- UPS
Direct parcel-network rival in U.S. ground delivery.
- DoorDash
Platform rival for local delivery capacity and drivers.
- Uber
On-demand retail-delivery rival through Uber Eats and Postmates.
