Elevate Service Group Inc. Q3 EBITDA rises 84% to USD 1.1 million

Reuters
Yesterday
Elevate Service Group Inc. Q3 EBITDA rises 84% to USD 1.1 million

Elevate Service Group Inc. reported its third quarter (Q3) 2025 financial results, highlighting strong growth from its recently acquired subsidiaries, Infinity Group Construction Inc. and First Choice Maintenance Inc. (collectively "Infinity-FCM"). Revenue for Q3 2025 reached USD 9.2 million, representing a 28 percent increase compared to the prior-year period, driven by organic growth in the core facilities management business. EBITDA for Q3 2025 was USD 1.1 million, an increase of 84 percent over Q3 2024, which included USD 0.2 million in non-recurring professional fees related to recent transactions. Free cash flow for the quarter totaled USD 1.1 million, up 15 percent from the same period last year. The company also reported a net loss of USD 0.2 million in Q3 2025 related to start-up costs and one-time transaction expenses.

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