Elvictor Group Files 10-Q for Q2 2024
Ticker: ELVGD · Form: 10-Q · Filed: Aug 12, 2024 · CIK: 1741489
Sentiment: neutral
Topics: 10-Q, quarterly-report, company-information
TL;DR
Elvictor Group filed its Q2 10-Q. All systems go.
AI Summary
Elvictor Group, Inc. filed its 10-Q for the quarterly period ended June 30, 2024. The company, formerly known as Thenablers, Inc., is incorporated in Nevada and operates in management consulting services. Its principal executive offices are located in Vari, Attiki, Greece.
Why It Matters
This filing provides investors with an update on Elvictor Group's financial performance and operational status for the second quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial and operational information.
Key Players & Entities
- Elvictor Group, Inc. (company) — Registrant
- June 30, 2024 (date) — Quarterly period end date
- Thenablers, Inc. (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
- 8742 (industry_code) — Standard Industrial Classification for Management Consulting Services
- 823296328 (tax_id) — IRS Employer Identification Number
- Vassileos Constantinou 79 (address) — Principal executive office street address
- Vari, Attiki, Greece (address) — Principal executive office city, state, country
- 16672 (zip_code) — Principal executive office zip code
- (877) 374-4196 (phone_number) — Registrant's telephone number
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarterly period ended June 30, 2024.
What was Elvictor Group, Inc. formerly known as?
Elvictor Group, Inc. was formerly known as Thenablers, Inc.
In which state is Elvictor Group, Inc. incorporated?
Elvictor Group, Inc. is incorporated in Nevada.
What is the Standard Industrial Classification code for Elvictor Group, Inc.'s business?
The Standard Industrial Classification code for Elvictor Group, Inc. is 8742, which corresponds to Services-Management Consulting Services.
What is the address of Elvictor Group, Inc.'s principal executive offices?
The address of Elvictor Group, Inc.'s principal executive offices is Vassileos Constantinou 79, Vari, Attiki, Greece, 16672.
Filing Stats: 4,606 words · 18 min read · ~15 pages · Grade level 15.1 · Accepted 2024-08-12 08:00:32
Key Financial Figures
- $0.0001 — 8,757 shares of common stock, par value $0.0001 per share, issued and outstanding. ELV
Filing Documents
- ea0210357-10q_elvictor.htm (10-Q) — 430KB
- ea021035701ex31-1_elvictor.htm (EX-31.1) — 12KB
- ea021035701ex32-1_elvictor.htm (EX-32.1) — 4KB
- 0001213900-24-067367.txt ( ) — 3247KB
- elvg-20240630.xsd (EX-101.SCH) — 30KB
- elvg-20240630_cal.xml (EX-101.CAL) — 41KB
- elvg-20240630_def.xml (EX-101.DEF) — 162KB
- elvg-20240630_lab.xml (EX-101.LAB) — 285KB
- elvg-20240630_pre.xml (EX-101.PRE) — 158KB
- ea0210357-10q_elvictor_htm.xml (XML) — 247KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements Unaudited Condensed Consolidated Balance Sheets as of June 30, 2024, and December 31, 2023 (Audited) 1 Unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2024, and 2023 2 Unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2024, and 2023 3 Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity for the three and six months ended June 30, 2024, and 2023 4 Notes to the Unaudited Condensed Consolidated Financial Statements 5 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 13 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 18 Item 4.
Controls and Procedures
Controls and Procedures 19
- OTHER INFORMATION
PART II - OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 21 Item 1A.
Risk Factors
Risk Factors 21 Item 1B. Unresolved staff comments 21 Item 1C. Cybersecurity 21 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 21 Item 3. Defaults Upon Senior Securities 21 Item 4. Mine Safety Disclosures 21 Item 5. Other Information 21 Item 6. Exhibits 22
Signatures
Signatures 23 i ELVICTOR GROUP, INC Unaudited Condensed Consolidated Balance Sheets June 30, 2024 December 31, 2023 Audited ASSETS Current Assets Cash $ 194,392 $ 699,346 Accounts Receivable 468,834 369,904 Other Receivables 457,385 37,857 Other Receivables - Related Party 515,904 418,904 Prepaid expenses and other current assets 63,270 138,482 Total Current Assets 1,699,785 1,664,493 Non-current Assets ROU Asset - Related Party 247,992 278,718 Intangible Assets, Net 112,074 130,266 Office Equipment, net 13,549 14,358 Total Non-current Assets 373,615 423,342 Total Assets $ 2,073,400 $ 2,087,835 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable $ 15,153 $ 32,312 Trade Accounts Payable 234,188 152,461 Trade Accounts Payable - Related Parties 145,572 194,481 Other Payables 719,642 861,878 Lease Liability - Current - Related Parties 27,612 42,786 Accrued and Other Liabilities 262,747 247,926 Due to related party 5,909 90,195 Total Current Liabilities 1,410,823 1,622,039 Long-term Liabilities Lease Liability - Non-Current - Related Parties 220,380 235,932 Total Long-term Liabilities 220,380 235,932 Total Liabilities 1,631,202 1,857,971 Stockholders' Equity Common stock, par value $ 0.0001 ; 700,000,000 common shares authorized; 414,448,757 common shares issued and outstanding both at June 30, 2024 and December 31, 2023 41,445 41,445 Additional paid in capital 45,154,034 45,050,884 Accumulated deficit ( 44,753,281 ) ( 44,862,465 ) Total Stockholders' Equity 442,198 229,864 Total Liabilities and Stockholders' Equity $ 2,073,400 $ 2,087,835 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. 1 ELVICTOR GROUP, INC Unaudited Condensed Consolidated Statements of Operations For the Three Months Ended June 30, 2024 For the Three Months Ended June 30, 2