XMax Inc. Financial Summary

Quick Answer

XMax Inc. reported Total Revenue of $9.69 million for fiscal year 2024.

XMax Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $9.69M
-12.6%
$11.09M
-13.0%
$12.74M
-0.5%
$12.81M
+12.9%
$11.35M
-48.4%
$21.98M
-72.9%
Revenue (ASC 606) $9.69M
-12.6%
$11.09M
-13.0%
$12.74M
+1.5%
$12.56M
Net Income -$5.56M
+28.0%
-$7.72M
+54.8%
-$17.10M
+14.3%
-$19.96M
+23.5%
-$26.08M
-203.2%
-$8.60M
-262.3%
Diluted EPS -$1.48
+70.2%
-$4.96
+59.8%
-$12.34 -$4.54
-198.7%
-$1.52
-263.4%
Total Assets $9.92M
+59.0%
$6.24M
-45.9%
$11.53M
-60.9%
$29.53M
-36.5%
$46.48M
-35.0%
$71.56M
-20.6%
Cash and Equivalents $161.9K
-56.1%
$369.1K
-73.1%
$1.37M
-78.1%
$6.28M
-28.2%
$8.74M
+17.8%
$7.42M
+2947.9%
Stockholders Equity $3.12M
+529.3%
$496.4K
-92.5%
$6.61M
-71.8%
$23.44M
-42.7%
$40.93M
-38.0%
$66.05M
-11.8%
R&D Expense $3.12M
+28462.1%
$10.9K
Operating Income -$5.36M
+16.4%
-$6.42M
+60.4%
-$16.22M
-320.2%
-$3.86M
+85.3%
-$26.30M
-353.8%
-$5.80M
-220.1%
Gross Profit $4.25M
+1.8%
$4.17M
+153.6%
-$7.78M
-240.9%
$5.52M
+127.8%
-$19.89M
-1638.2%
$1.29M
-91.6%
Shares Outstanding 7.30M
+280.7%
1.92M
+33.7%
1.43M
-79.0%
6.84M
+22.2%
5.60M
-2.5%
5.74M
+0.5%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $9.76M +273.2% +281.9%
Revenue (ASC 606) September 30, 2025 $9.76M +273.2% +281.9%
Net Income September 30, 2025 -$1.13M +54.3% -288.5%
Diluted EPS September 30, 2025 -$0.06 +91.7% -200.0%
Total Assets September 30, 2025 $18.29M +261.5% +57.2%
Cash and Equivalents September 30, 2025 $1.71M +956.4% +265.7%
Stockholders Equity September 30, 2025 $13.58M +1616.2% +107.5%
R&D Expense March 31, 2024 $751.2K +636523.7% +636523.7%
Operating Income September 30, 2025 -$490.0K +79.6% -149.4%
Gross Profit September 30, 2025 $983.8K -16.6% -23.4%
Shares Outstanding September 30, 2025 34.24M +809.3% +148.6%
  • XMax Inc. reported Total Revenue of $9.69 million for fiscal year 2024.
  • XMax Inc. showed a decrease of -12.6% in Total Revenue compared to the prior fiscal year.
  • XMax Inc. reported Revenue (ASC 606) of $9.69 million for fiscal year 2024.
  • XMax Inc. showed a decrease of -12.6% in Revenue (ASC 606) compared to the prior fiscal year.
  • XMax Inc. reported Net Income of -$5.56 million for fiscal year 2024.
  • XMax Inc. showed an increase of +28.0% in Net Income compared to the prior fiscal year.
  • XMax Inc. reported Diluted EPS of $1.48 per share (loss) for fiscal year 2024.
  • XMax Inc. showed an increase of +70.2% in Diluted EPS compared to the prior fiscal year.
  • XMax Inc. reported Total Assets of $9.92 million for fiscal year 2024.
  • XMax Inc. showed an increase of +59.0% in Total Assets compared to the prior fiscal year.
  • XMax Inc. reported Cash and Equivalents of $161.9 thousand for fiscal year 2024.
  • XMax Inc. showed a decrease of -56.1% in Cash and Equivalents compared to the prior fiscal year.
  • XMax Inc. reported Stockholders Equity of $3.12 million for fiscal year 2024.
  • XMax Inc. showed an increase of +529.3% in Stockholders Equity compared to the prior fiscal year.
  • XMax Inc. reported R&D Expense of $3.12 million for fiscal year 2023.
  • XMax Inc. showed an increase of +28462.1% in R&D Expense compared to the prior fiscal year.
  • XMax Inc. reported Operating Income of -$5.36 million for fiscal year 2024.
  • XMax Inc. showed an increase of +16.4% in Operating Income compared to the prior fiscal year.
  • XMax Inc. reported Gross Profit of $4.25 million for fiscal year 2024.
  • XMax Inc. showed an increase of +1.8% in Gross Profit compared to the prior fiscal year.
  • XMax Inc. reported Shares Outstanding of 7.30 million shares for fiscal year 2024.
  • XMax Inc. showed an increase of +280.7% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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