Axil Brands, Inc.
Financial highlights
| Metric | FY 05/31/25 | FY 05/31/24 | FY 05/31/23 | FY 05/31/22 | FY 05/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $26.3M | $27.5M | $23.5M | $2.3M | $1.6M |
| Cost of revenue | $7.6M | $7.3M | $5.8M | $828,586 | $599,701 |
| Gross profit | $18.6M | $20.2M | $17.7M | $1.5M | $1.0M |
| Operating expenses | $17.5M | $18.7M | $15.7M | $1.7M | $1.4M |
| Operating income | $1.2M | $1.5M | $2.0M | -$211,403 | -$321,054 |
| Interest expense | $3,898 | $4,392 | $2,521 | $6,536 | $6,078 |
| Pretax income | $1.3M | $1.8M | $2.1M | -$182,903 | -$297,755 |
| Income tax expense | $453,828 | -$220,205 | $230,913 | — | — |
| Net income | $854,988 | $2.0M | $1.8M | -$182,903 | -$297,755 |
| Balance Sheet | |||||
| Cash and equivalents | $4.8M | $3.3M | $4.8M | $373,731 | $496,937 |
| Current assets | $9.3M | $8.0M | $7.4M | $803,040 | $1.0M |
| Total assets | $12.9M | $11.0M | $10.2M | $893,915 | $1.3M |
| Current liabilities | $2.5M | $2.8M | $2.9M | $707,003 | $712,411 |
| Total liabilities | $3.2M | $3.3M | $3.5M | $709,203 | $917,116 |
| Stockholders' equity | $9.7M | $7.7M | $6.7M | $184,712 | $345,648 |
| Cash Flow Statement | |||||
| Cash from operations | $1.9M | $2,677 | $2.9M | -$126,055 | $48,407 |
| Depreciation and amortization | $62,171 | $130,610 | $95,179 | $7,872 | $9,969 |
| Stock-based compensation | $1.1M | $267,183 | $207,342 | $21,967 | $138,800 |
| Capital expenditure | $213,483 | $138,445 | $65,650 | — | $15,408 |
| Free cash flow | $1.7M | -$135,768 | $2.9M | — | $32,999 |
| Share repurchases | — | $1.2M | — | — | — |
Shares outstanding 6.8M · Free float 3.1%
Annual filing data through FY ended May 31, 2025; float as of July 15, 2026.