AXIL BRANDS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.8M | $26.3M | $27.5M | $23.5M | $2.3M | $1.6M | $1.0M | $992.7K |
| Cost of Revenue | $9.4M | $7.6M | $7.3M | $5.8M | $828.6K | $599.7K | $480.8K | $553.0K |
| Gross Profit | $21.4M | $18.6M | $20.2M | $17.7M | $1.5M | $1.0M | $531.9K | $439.7K |
| Gross Margin | 69.3% | 71.0% | 73.4% | 75.3% | 64.5% | 63.3% | 52.5% | 44.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $4.1M | $4.1M | $1.6M | $1.3M | $271.9K | $281.9K | $270.3K | $267.1K |
| Operating Income | $3.0M | $1.2M | $1.5M | $2.0M | $-211.4K | $-321.1K | $-171.1K | $-149.6K |
| Operating Margin | 9.7% | 4.4% | 5.5% | 8.4% | -9.0% | -19.7% | -16.9% | -15.1% |
| Interest Expense | — | $0 | $4.4K | $2.5K | $6.5K | $6.1K | $1.8K | $471 |
| Pretax Income | $3.1M | $1.3M | $1.8M | $2.1M | $-182.9K | $-297.8K | $-172.8K | $-150.0K |
| Income Tax Expense | $440.3K | $453.8K | $-220.2K | $230.9K | — | — | — | — |
| Net Income | $2.7M | $855.0K | $2.0M | $1.8M | $-182.9K | $-297.8K | $-172.8K | $-150.0K |
| Net Margin | 8.8% | 3.3% | 7.3% | 7.8% | -7.8% | -18.2% | -17.1% | -15.1% |
| EPS (Basic) | $0.40 | $0.13 | $0.57 | $0.32 | $0.00 | $-0.01 | $0.00 | $0.00 |
| EPS (Diluted) | $0.33 | $0.10 | $0.21 | $0.10 | $0.00 | $-0.01 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 6.7M | 6.4M | 5.9M | 5.6M | 41.9M | 41.9M | 41.5M | 41.3M |
| Shares Outstanding (Diluted) | 8.3M | 8.2M | 16.2M | 17.9M | 41.9M | 41.9M | 41.5M | 41.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |