Elmet Group Co.
For the period ended Oct 2, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 2, 2026 · Filed Nov 9, 2026
ELMT$21.99+12.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except share and per share data)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| October 2,2026 | September 30,2025 | October 2,2026 | September 30,2025 | |
| Revenue | $79,560 | $51,124 | $201,968 | $146,641 |
| Cost of goods sold | 54,686 | 40,023 | 148,660 | 116,782 |
| Gross profit | 24,874 | 11,101 | 53,308 | 29,859 |
| Operating expenses: | ||||
| General and administrative | 9,592 | 5,565 | 34,416 | 12,840 |
| Research and development | 850 | 770 | 6,021 | 2,590 |
| Sales and marketing | 2,455 | 1,353 | 6,659 | 4,912 |
| Total operating expenses | 12,897 | 7,688 | 47,096 | 20,342 |
| Operating income | 11,977 | 3,413 | 6,212 | 9,517 |
| Other (income) expense, net: | ||||
| Interest (income) expense | (345) | 552 | 395 | 1,855 |
| Interest expense - related party | — | 505 | 860 | 1,298 |
| Change in fair value of derivative asset | — | — | (2,214) | — |
| Change in fair value of forward instruments | 222 | — | 222 | — |
| (Gain) loss on remeasurement of the fair value of marketable securities | (1,640) | — | (2,721) | 23 |
| Other income, net | (55) | (66) | (259) | (64) |
| Total other (income) expense, net | (1,818) | 991 | (3,717) | 3,112 |
| Income from continuing operations before taxes | 13,795 | 2,422 | 9,929 | 6,405 |
| Income tax provision | 5,504 | — | 6,464 | — |
| Income from continuing operations | 8,291 | 2,422 | 3,465 | 6,405 |
| Loss from discontinued operations | — | (852) | — | (2,398) |
| Net income | $8,291 | $1,570 | $3,465 | $4,007 |
| Net income per share: | ||||
| Basic | $0.24 | $0.08 | $0.11 | $0.20 |
| Diluted | $0.24 | $0.08 | $0.10 | $0.20 |
| Weighted average shares outstanding | ||||
| Basic | 31,644,494 | 20,123,187 | 26,679,325 | 20,123,187 |
| Diluted | 32,300,797 | 20,302,389 | 27,219,588 | 20,231,912 |
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