The Elmet Group IPO: revenue, profit and offering terms from its S-1
The Elmet Group priced its IPO at $14 a share on 23 Apr 2026 and raised $120 million. Its shares trade on Nasdaq as ELMT. Revenue was $202 million in 2025, up 6% from 2024, with a net profit of $5.5 million.
Headlines
- Revenue, 2025
- $202M
- Up 6% on the year before
- Net income, 2025
- $6M
- IPO price
- $14
- $120M raised
The Elmet Group IPO terms
From the final prospectus (424B4).
- Exchange
- Nasdaq Capital Market
- Ticker
- ELMT
- IPO price
- $14
- Shares offered
- 8,571,428
- Raised
- $120M
- Registered
- $115M, the amount the filing fee is paid on
- Underwriters
- Cantor, Needham & Company, Canaccord Genuity and Roth Capital Partners
- First filed
- 30 Mar 2026
The Elmet Group revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $190M | - | $15M |
| 2025 | $202M | $12M | $6M |
The Elmet Group share structure and company facts
- Employees
- 543
- Headquarters
- Portland, Maine
The Elmet Group shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $14
- Priced 23 Apr 2026
- First close
- $17.91
- +28% on the IPO price
- Latest close
- $21.84
- +56% on the IPO price
The Elmet Group's IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from The Elmet Group's newest prospectus (S-1/A filed 14 Apr 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.