NASDAQ:XMAX
XMax Inc.
XMax Inc.'s revenue grew 72.6% in fiscal 2025 to $16.7M while operating margin rose to −11.5%. The diluted share count rose 449.3%.Summary generated from XMax Inc.'s SEC filings. Latest annual report filed Apr 15, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$16.7M
Revenue growth+72.6%
Revenue, 5-yr CAGR+8.1%
Gross margin25.0%
Operating margin−11.5%
Net margin−20.4%
ROICn/a
Return on equity−22.0%
Debt / equityn/a
Free cash flown/a
FCF marginn/a
Share count change+449.3%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 13 | 13 | 11 | 10 | 17 |
| Operating income | −4 | −16 | −6 | −5 | −2 |
| Net income | −20 | −17 | −8 | −6 | −3 |
| Free cash flow | −5 | −5 | n/a | −1 | n/a |
Recent filings
- 8-KEntry into a material agreement
Oct 9, 2026 - DEF 14AProxy statement
Oct 5, 2026 - 8-KNotice of delisting or listing-rule failure
Sep 15, 2026 - 8-KEntry into a material agreement
Sep 3, 2026 - 8-KDirector or officer change
Aug 25, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 14, 2026 - 8-KEntry into a material agreement
Aug 12, 2026 - 8-KResults of a shareholder vote
Jul 28, 2026