Foxx Development Holdings Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | $52.6M | $65.9M | $3.2M | $21.6M |
| Cost of Revenue | $50.9M | $61.1M | $3.1M | $20.5M |
| Gross Profit | $1.7M | $4.8M | $115.9K | $1.1M |
| Gross Margin | 3.2% | 7.2% | 3.6% | 5.1% |
| Operating Expenses | ||||
| Research & Development | $2.9M | $2.1M | $91.2K | $272.1K |
| SG&A Expense | $11.0M | $6.2M | $2.1M | $487.7K |
| Operating Income | $-43.9M | $-9.7M | $-3.1M | $86.2K |
| Operating Margin | -83.5% | -14.7% | -96.9% | 0.4% |
| Interest Expense | $10.3K | $12.8K | $15.0K | $5.4K |
| Pretax Income | $-52.7M | $-8.9M | $-3.4M | $72.4K |
| Income Tax Expense | $10.3K | $76.7K | $19.8K | $14.2K |
| Net Income | $-52.7M | $-9.0M | $-3.4M | $58.2K |
| Net Margin | -100.2% | -13.7% | -106.3% | 0.3% |
| EPS (Basic) | $-7.61 | $-1.47 | $-1.04 | $0.02 |
| EPS (Diluted) | $-7.61 | $-1.47 | $-1.04 | $0.02 |
| Shares Outstanding (Basic) | 6.9M | 6.1M | 3.3M | 3.0M |
| Shares Outstanding (Diluted) | 6.9M | 6.1M | 3.3M | 3.0M |
| Dividends Per Share | — | — | — | — |