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Elah Holdings (ELLH) AI Stock Analysis

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ELLH

Elah Holdings

(Other OTC:ELLH)

Select Model
Rating:49Neutral
Price Target:$17.00▲(0.06% Upside)
Action:reiterated
Date:09/06/26

The overall score is driven primarily by Elah Holdings’ high-risk financial profile, with a very small revenue base, substantial ongoing losses, and persistent cash burn steadily consuming equity and assets despite the benefit of no financial debt. Strong recent price momentum and the stock’s rise well above key moving averages provide a meaningful positive offset, signaling favorable short-term trading dynamics but with indicators already in a stretched, high range. Valuation contributes modestly as negative earnings and the lack of a dividend yield make the current price difficult to justify on traditional fundamentals, leaving the investment case reliant on future improvements rather than current profitability.

Positive Factors
Conservative LeverageZero reported debt and a 0.0 debt-to-equity ratio reduce refinancing and interest-rate exposure, giving the company a less leveraged financial structure. This provides some flexibility to address operating challenges, although it does not offset weak profitability or cash generation.
Negative Factors
Shrinking Revenue BaseRevenue has contracted to a minimal level, falling from $30k in 2021 to $7k in 2025 and $6k TTM. A shrinking top line weakens operating leverage, limits the scale of the business, and makes it harder for fixed costs to be absorbed sustainably.

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

-40%-20%0%20%40%60%80%ELLH+24.74%SPY+13.89%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
$12.56M
Dividend Yield
―
Average Volume (3M)
513
Price to Earnings (P/E)
-7.6
Beta (1Y)
0.28
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 performance is very weak, with minimal revenue, persistent large operating and net losses, and consistently negative cash flow that has eroded equity and assets despite the absence of debt and remaining positive equity.

Income Statement

13Very Negative

Balance Sheet

38Negative

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6,0007,00011.00K16.00K21.00K30.00K
Gross Profit4,000011.00K16.00K21.00K30.00K
EBITDA-1.20M-2.26M-1000
Net Income-1.65M-2.26M-2.07M-2.42M-2.35M-1.87M
Balance Sheet
Total Assets4.41M10.61M7.81M9.96M12.28M14.56M
Cash, Cash Equivalents and Short-Term Investments4.18M5.17M7.59M9.25M11.57M13.94M
Total Debt000000
Total Liabilities350.00K5.64M577.00K660.00K558.00K486.00K
Stockholders Equity4.06M4.97M7.23M9.30M11.72M14.07M
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 Flow000000
Financing Cash Flow000000

Elah Holdings Technical Analysis

Technical Analysis SentimentPositive
Last Price16.99

Price Trends

50DMA17.35Negative
100DMA16.21Positive
200DMA14.75Positive

Market Momentum

MACD0.04Negative
RSI65.60Neutral
STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ELLH, the sentiment is Positive. The current price of 16.99 is above the 20-day moving average (MA) of 15.70, below the 50-day MA of 17.35, and above the 200-day MA of 14.75, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 65.60 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ELLH.

Elah Holdings Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

ELLH against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
ELLHELLH49Neutral$12.56M-7.62-34.80%―-33.33%38.64%
CIITCIIT40Underperform$2.56M-0.40-0.17%―53.43%67.70%
BSLKBSLK29Underperform$4370.0086.44%―――

* Financial Sector Average

Performance Comparison

-100%-50%0%50%100%ELLHCIITBSLKASPCRIBBBSAADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
ELLH and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
ELLHElah Holdings 16.992.7118.98%
CIITTianci International 1.68-36.92-95.65%
BSLKBolt Projects Holdings, Inc.0.05-1.75-97.22%
ASPCA SPAC III Acquisition Corporation Class A10.25-0.80-7.24%
RIBBRibbon Acquisition Corporation Class A7.71-2.60-25.22%
BSAABest Spac I Acquisition Corporation Class A10.550.454.40%
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