Elite Performance Holding Corp Q1 2025: $465M Assets, $12.6M Loss
| Field | Detail |
|---|---|
| Company | Elite Performance Holding Corp |
| Form Type | 10-Q |
| Filed Date | May 19, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: 10-Q, financials, loss, debt
TL;DR
**Elite Performance Holding Corp. Q1 2025: $465M assets, $12.6M loss. Convertible notes mentioned.**
AI Summary
Elite Performance Holding Corp. reported its first quarter 2025 results, ending March 31, 2025. The company's financial statements indicate total assets of $465 million and a net loss of $12.62 million for the period. The filing also mentions convertible promissory notes.
Why It Matters
This 10-Q filing provides a quarterly financial snapshot for Elite Performance Holding Corp., detailing their asset base and profitability for the first three months of 2025.
Risk Assessment
Risk Level: medium — The company reported a significant net loss in the quarter, indicating potential financial instability.
Key Numbers
- $465.0M — Total Assets (As of March 31, 2025)
- $12.6M — Net Loss (For the period ended March 31, 2025)
- 35,000,000 — Total Equity (As of March 31, 2025)
Key Players & Entities
- Elite Performance Holding Corp. (company) — Filer of the 10-Q
- David Stoccardo (person) — Member associated with Elite Performance Holding Corp.
- The Hillyer Group Inc. (company) — Associated entity
- Stout Llc (company) — Member associated with Elite Performance Holding Corp.
- $465,000,000 (dollar_amount) — Total assets as of March 31, 2025
- $12,624,879 (dollar_amount) — Net loss for the period ended March 31, 2025
FAQ
What was Elite Performance Holding Corp.'s total asset value at the end of Q1 2025?
Elite Performance Holding Corp. reported total assets of $465,000,000 as of March 31, 2025.
What was the net loss for Elite Performance Holding Corp. in the first quarter of 2025?
The company reported a net loss of $12,624,879 for the period ended March 31, 2025.
What is the fiscal year end for Elite Performance Holding Corp.?
Elite Performance Holding Corp.'s fiscal year ends on December 31.
What type of financial instruments are mentioned in relation to Elite Performance Holding Corp.?
Convertible promissory notes are mentioned in the filing.
Where is Elite Performance Holding Corp. headquartered?
Elite Performance Holding Corp. is headquartered in Miami, Florida.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 19, 2025 by David Stoccardo regarding Elite Performance Holding Corp.