Elvictor Group Reports 2024 Financial Turnaround

Elvictor Group, Inc., known for its digital maritime crew management solutions, announced the release of its 2024 Annual Report. The company reported $2.4 million in revenue and a net income of $199,780, signaling a profitable year compared to a loss in 2023. This improvement is attributed to better cost control and enhanced operational efficiencies.

CEO Konstantinos Galanakis emphasized the importance of the company's strategic initiatives, including an AI-driven financial system and a move to the OTC ID tier. These efforts are part of a broader strategy to modernize operations and boost market visibility. The detailed report can be accessed on the SEC website and Elvictor's site via EDGAR.