Elvictor Group Reports Strong Growth in Seafarer Deployment and Client Base, Projects Significant Expansion in 2025
Elvictor Group (ELVG) reported robust Q1 2025 performance with net profit of $60,230 and revenue of $602,368, up from $572,709 in Q1 2024. The maritime recruitment company achieved significant operational milestones, deploying 3,187 seafarers in Q1 2025, marking a 41.23% increase from previous quarters. The client base expanded to 49 clients, representing a 32.43% year-over-year growth.
Throughout 2024, onboard seafarer numbers increased by 13.9% from 2,257 to 2,570, while the client base grew 16.22% from 37 to 43 clients. Looking ahead, Elvictor is in discussions to expand its fleet by over 100 vessels, with plans to onboard 40 vessels by end-2025, potentially adding 800 seafarers to its deployment roster.
Elvictor Group (ELVG) ha registrato una solida performance nel primo trimestre 2025, con un utile netto di 60.230$ e ricavi per 602.368$, in crescita rispetto ai 572.709$ del primo trimestre 2024. La societ脿 specializzata nel reclutamento marittimo ha raggiunto importanti traguardi operativi, impiegando 3.187 marittimi nel primo trimestre 2025, segnando un aumento del 41,23% rispetto ai trimestri precedenti. La base clienti si 猫 ampliata a 49 clienti, con una crescita annua del 32,43%.
Nel corso del 2024, il numero di marittimi imbarcati 猫 aumentato del 13,9%, passando da 2.257 a 2.570, mentre la base clienti 猫 cresciuta del 16,22%, da 37 a 43 clienti. Guardando al futuro, Elvictor 猫 in trattative per espandere la sua flotta di oltre 100 navi, con l'obiettivo di imbarcare 40 unit脿 entro la fine del 2025, potenzialmente aggiungendo 800 marittimi al suo organico.
Elvictor Group (ELVG) report贸 un s贸lido desempe帽o en el primer trimestre de 2025, con una ganancia neta de 60.230$ y unos ingresos de 602.368$, superiores a los 572.709$ del primer trimestre de 2024. La empresa de reclutamiento mar铆timo alcanz贸 hitos operativos significativos, desplegando 3.187 marineros en el primer trimestre de 2025, lo que representa un aumento del 41,23% respecto a trimestres anteriores. La base de clientes se ampli贸 a 49 clientes, con un crecimiento interanual del 32,43%.
Durante 2024, el n煤mero de marineros a bordo aument贸 un 13,9%, de 2.257 a 2.570, mientras que la base de clientes creci贸 un 16,22%, de 37 a 43 clientes. De cara al futuro, Elvictor est谩 en conversaciones para expandir su flota en m谩s de 100 embarcaciones, con planes de incorporar 40 barcos para finales de 2025, lo que podr铆a a帽adir 800 marineros a su plantilla.
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Elvictor Group (ELVG) a annonc茅 une solide performance au premier trimestre 2025, avec un b茅n茅fice net de 60 230 $ et un chiffre d'affaires de 602 368 $, en hausse par rapport 脿 572 709 $ au premier trimestre 2024. L'entreprise sp茅cialis茅e dans le recrutement maritime a atteint des jalons op茅rationnels importants, d茅ployant 3 187 marins au premier trimestre 2025, soit une augmentation de 41,23 % par rapport aux trimestres pr茅c茅dents. La base clients s'est 茅tendue 脿 49 clients, repr茅sentant une croissance annuelle de 32,43 %.
Au cours de l'ann茅e 2024, le nombre de marins embarqu茅s a augment茅 de 13,9 %, passant de 2 257 脿 2 570, tandis que la base clients a progress茅 de 16,22 %, de 37 脿 43 clients. Pour l'avenir, Elvictor est en discussions pour 茅tendre sa flotte de plus de 100 navires, avec des plans pour embarquer 40 navires d'ici fin 2025, ce qui pourrait ajouter 800 marins 脿 son effectif.
Elvictor Group (ELVG) verzeichnete im ersten Quartal 2025 eine starke Leistung mit einem Nettogewinn von 60.230$ und einem Umsatz von 602.368$, gegen眉ber 572.709$ im ersten Quartal 2024. Das maritime Personalvermittlungsunternehmen erreichte bedeutende operative Meilensteine und setzte im ersten Quartal 2025 3.187 Seeleute ein, was einer Steigerung von 41,23 % gegen眉ber den vorherigen Quartalen entspricht. Die Kundenbasis wuchs auf 49 Kunden und verzeichnete ein j盲hrliches Wachstum von 32,43 %.
Im Verlauf des Jahres 2024 stieg die Anzahl der an Bord befindlichen Seeleute um 13,9 % von 2.257 auf 2.570, w盲hrend die Kundenbasis um 16,22 % von 37 auf 43 Kunden wuchs. F眉r die Zukunft befindet sich Elvictor in Gespr盲chen, um seine Flotte um mehr als 100 Schiffe zu erweitern, mit Pl盲nen, bis Ende 2025 40 Schiffe in Betrieb zu nehmen, was m枚glicherweise 800 Seeleute zus盲tzlich in den Einsatz bringen wird.
- Net profit of $60,230 in Q1 2025
- Revenue increased to $602,368 from $572,709 YoY
- 41.23% increase in seafarer deployment to 3,187 in Q1 2025
- 32.43% YoY growth in client base to 49 clients
- Potential expansion of 40 additional vessels by end-2025
- Projected addition of 800 seafarers to deployment roster
- None.
ATHENS, GR / / May 29, 2025 / Elvictor Group Inc. (OTC PINK:ELVG) ("Elvictor" or the "Company"), a leader in maritime recruitment and crew management, today announced substantial operational growth across key performance areas in Q1 2025, strengthening its market position and future outlook.
In Q1 2025, Elvictor reported strong financial results, reporting a net profit of
Operationally, Elvictor deployed 3,187 seafarers in Q1 2025, a
This momentum builds on steady growth achieved throughout 2024, during which onboard seafarer numbers rose from 2,257 in Q1 to 2,570 in Q4 - a
Looking forward, Elvictor is engaged in active discussions with potential new clients, representing a fleet expansion opportunity of over 100 vessels. Management anticipates onboarding up to 40 additional vessels by year-end 2025. This fleet growth could drive the deployment of an additional 800 seafarers and deliver a material increase in Elvictor's EBITDA.
Konstantinos S. Galanakis, CEO of Elvictor Group Inc. commented: "Our sustained growth trajectory underscores our commitment to excellence in maritime management and recruitment. As we continue to expand both our onboard workforce and client portfolio, we are confident in our ability to scale efficiently, enhance operational performance, and create long-term value for our stakeholders."
Elvictor's strong performance highlights the scalability of its digitalized platform, as well as its longstanding, trusted relationships within the global shipping industry. As the Company pursues further growth in 2025 and beyond, it remains committed to delivering operational excellence, financial transparency, and value-driven client partnerships.
About Elvictor Group, Inc.
Elvictor Group, Inc. (OTC PINK: ELVG) is transforming the fragmented maritime industry through its fully digitalized crew and ship management platform designed to enhance operational efficiency and reduce costs. With a strategic focus on AI-driven workforce solutions, M&A-driven expansion, and cost-efficient vessel ownership, Elvictor is ushering in a new era of transparency in the shipping industry. For more information, visit: https://www.elvictorgroup.com, and follow us on LinkedIn.
Investor and Media Contact:
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Tel +1 475 477 9401
Cautionary Note Regarding Forward-Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will the Company and its affiliates be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
SOURCE: Elvictor Group Inc.
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