Elah Holdings (ELLH) AI Stock Analysis

Elah Holdings

(Other OTC:ELLH)

Select Model

Rating:50Neutral

Price Target:$15.00▲(0.00% Upside)

Action:reiterated

Date:09/06/26

The score is held down primarily by very weak financial performance (shrinking minimal revenue, large ongoing losses, and sustained cash burn with declining equity). Technicals are a near-term positive (strong trend and positive MACD), but valuation is constrained by loss-making fundamentals and the absence of dividend support.

Positive Factors

Debt-Free Balance SheetThe absence of reported debt reduces refinancing and interest-rate exposure, preserving financial flexibility relative to a leveraged balance sheet. This gives Elah Holdings more capacity to manage ongoing losses or redirect resources toward operations without scheduled principal and interest burdens.

Negative Factors

Declining Revenue BaseThe very small and shrinking revenue base indicates weak commercial scale and limited evidence of sustained customer demand. Continued contraction reduces operating leverage, makes fixed costs harder to absorb, and leaves the business with little revenue capacity to support future investment or recovery.

Elah Holdings (ELLH) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $11.09M
Dividend Yield: ―
Average Volume (3M): 538
Price to Earnings (P/E): -6.7
Beta (1Y): 0.31
Revenue Growth: -33.33%
EPS Growth: 38.64%
Country: US
Employees: 4
Sector: Financial
Sector Strength: 68
Industry: Shell Companies

Elah Holdings Business Overview & Revenue Model

Company Description

Elah Holdings, Inc. operates as a holding company primarily focused on acquiring lucrative businesses within the commercial and industrial sectors. The organization, previously known as Real Industry, Inc., officially rebranded as Elah Holdings, Inc....

Elah Holdings Financial Statement Overview

Summary

Financial profile is weak: revenue is minimal and declining, losses are very large versus revenue (deeply negative margins), and operating/free cash flow are persistently negative, implying ongoing funding needs. The main offset is no reported debt, but equity has been shrinking materially and returns on equity remain strongly negative.

Income Statement

8Very Negative

Balance Sheet

38Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6,000	7,000	11.00K	16.00K	21.00K	30.00K
Gross Profit	4,000	0	11.00K	16.00K	21.00K	30.00K
EBITDA	-1.20M	-2.26M	-1	0	0	0
Net Income	-1.65M	-2.26M	-2.07M	-2.42M	-2.35M	-1.87M
Balance Sheet
Total Assets	4.41M	10.61M	7.81M	9.96M	12.28M	14.56M
Cash, Cash Equivalents and Short-Term Investments	4.18M	5.17M	7.59M	9.25M	11.57M	13.94M
Total Debt	0	0	0	0	0	0
Total Liabilities	350.00K	5.64M	577.00K	660.00K	558.00K	486.00K
Stockholders Equity	4.06M	4.97M	7.23M	9.30M	11.72M	14.07M
Cash Flow
Free Cash Flow	-1.90M	-2.42M	-2.04M	-2.32M	-2.37M	-1.71M
Operating Cash Flow	-1.90M	-2.42M	-2.04M	-2.32M	-2.37M	-1.71M
Investing Cash Flow	0	0	0	0	0	0
Financing Cash Flow	0	0	0	0	0	0

Elah Holdings Technical Analysis

Technical Analysis SentimentNegative

Last Price15.00

Price Trends

50DMA17.92Negative

100DMA15.96Negative

200DMA14.66Positive

Market Momentum

MACD-0.76Negative

RSI17.62Positive

STOCH33.11Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ELLH, the sentiment is Negative. The current price of 15.00 is below the 20-day moving average (MA) of 15.75, below the 50-day MA of 17.92, and above the 200-day MA of 14.66, indicating a neutral trend. The MACD of -0.76 indicates Negative momentum. The RSI at 17.62 is Positive, neither overbought nor oversold. The STOCH value of 33.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ELLH.

Elah Holdings Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

ELLH against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CIIT	50Neutral	$1.64M	-0.20	-76.88%	―	50.96%	-60.93%
ELLH	50Neutral	$11.09M	-6.73	-34.80%	―	-33.33%	38.64%
BSLK	29Underperform	$437	0.00	86.44%	―	―	―

* Financial Sector Average

Performance Comparison

ELLH and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
ELLH	Elah Holdings	15.00	-0.18	-1.19%
CIIT	Tianci International	1.70	-41.70	-96.08%
BSLK	Bolt Projects Holdings, Inc.	0.05	-2.26	-97.84%
ASPC	A SPAC III Acquisition Corporation Class A	10.51	-0.60	-5.40%
RIBB	Ribbon Acquisition Corporation Class A	6.81	-3.47	-33.75%
BSAA	Best Spac I Acquisition Corporation Class A	10.66	0.52	5.15%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 06, 2026

Elah Holdings AI Stock Analysis