Avax One Technology Ltd. (AVX) Income Statement
AVX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAVX revenue and net income
Where AVX's revenue goes
2025Each bar shows an amount and its share of revenue. AVX kept −1,418.1% of revenue as net income.
AVX profit margins
AVX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8,709.3% | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AVX quarterly EPS vs estimates
Next report: November 13, 2026.
AVX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3M | $26,572 | $16,281 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $1.4M | $56,048 | $13,577 | $22,413 | — | $9,059 | $8,114 | — |
| Gross profit | $910,144 | −$29,476 | $2,704 | −$22,413 | — | −$9,059 | −$8,114 | — |
| Research & development | $18,774 | $75,285 | $6,589 | $615,693 | $474,338 | $123,915 | $1.1M | $881,435 |
| Sales, general & admin | $6.5M | $4.5M | $7.8M | $11.6M | $5.6M | $2.7M | $3.8M | $1.8M |
| Total operating expenses | $16.7M | $5.7M | $9.2M | $13.7M | $6.9M | $3.3M | $5.1M | $2.5M |
| Operating income | −$15.8M | −$5.8M | −$9.2M | −$13.7M | −$6.9M | −$3.3M | −$5.1M | −$2.5M |
| Interest expense | $3.1M | $3.0M | $8.0M | $3.4M | $483,529 | — | — | — |
| Income before taxes | −$32.0M | −$15.9M | −$11.7M | −$12.9M | −$6.6M | −$3.2M | −$5.1M | −$2.7M |
| Income taxes | — | — | — | — | — | −$106,195 | — | — |
| Net income | −$33.2M | −$16.3M | −$11.7M | −$12.9M | −$6.6M | −$3.2M | −$5.1M | −$2.7M |
| EBITDA | −$27.4M | −$12.2M | −$3.1M | −$9.5M | −$6.1M | −$3.3M | −$5.1M | −$2.0M |
| EPS (diluted) | −$23.93 | −$4723.37 | −$48692.82 | −$394200.21 | −$0.38 | −$0.21 | — | — |
| Gross margin | 38.9% | −110.9% | 16.6% | — | — | — | — | — |
| Operating margin | −676.1% | −21,677.1% | −56,443.7% | — | — | — | — | — |
| Net margin | −1,418.1% | −61,248.0% | −72,066.9% | — | — | — | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $2.5M | $1.1M | $525,915 | $451,955 | $344,416 | $26,572 | $0 | $41,315 | $16,281 | $0 | $0 |
| Cost of revenue | $792,000 | $1.5M | $701,905 | $265,908 | $239,210 | $265,393 | $54,923 | $169,248 | $33,731 | $166,998 | $172,096 | $171,839 |
| Gross profit | $2.0M | $1.1M | $387,782 | $260,007 | $212,745 | $79,023 | −$28,351 | −$169,248 | $7,584 | $16,281 | −$172,096 | −$171,839 |
| Research & development | — | — | $1 | $48,141 | $0 | $233,179 | $153,224 | $1,135 | $509 | $3,585 | $27,046 | $13,235 |
| Sales, general & admin | $2.2M | $2.5M | $1.9M | $2.1M | $1.3M | $1.2M | $1.5M | $1.1M | $962,076 | $1.1M | $1.4M | $2.6M |
| Total operating expenses | $35.4M | $2.6M | $10.3M | $2.9M | $1.8M | $2.0M | $2.1M | $5.5M | $1.2M | $1.3M | $1.6M | $2.9M |
| Operating income | −$33.4M | −$1.6M | −$9.9M | −$2.7M | −$1.6M | −$1.9M | −$2.1M | −$5.5M | −$1.2M | −$1.3M | −$1.6M | −$2.9M |
| Interest expense | $1.7M | $1.8M | $827,151 | $383,290 | $966,284 | $971,343 | $305,957 | $469,684 | $838,876 | $1.4M | $2.1M | $2.1M |
| Income before taxes | −$35.1M | −$46.4M | −$16.6M | −$8.4M | −$7.0M | −$145,455 | −$2.9M | −$5.6M | −$4.2M | −$3.3M | −$3.5M | −$2.5M |
| Net income | −$35.1M | −$46.4M | −$16.6M | −$8.4M | −$8.1M | −$145,455 | −$2.9M | −$5.8M | −$4.2M | −$3.3M | −$3.5M | −$2.5M |
| EBITDA | −$33.1M | −$44.3M | −$15.5M | −$7.6M | −$5.7M | $1.2M | — | −$5.0M | −$3.2M | −$1.8M | −$1.3M | −$247,325 |
| EPS (diluted) | −$1.20 | −$5.71 | — | −$5.58 | −$24.06 | −$1.17 | −$199.77 | −$686.31 | −$996.31 | −$2840.97 | −$43524.02 | −$4553.46 |
| Gross margin | 71.9% | 42.2% | 35.6% | 49.4% | 47.1% | 22.9% | −106.7% | — | 18.4% | 100.0% | — | — |
| Operating margin | −1,185.0% | −63.0% | −905.3% | −505.8% | −358.7% | −547.4% | −7,979.4% | — | −2,827.7% | −8,272.4% | — | — |
| Net margin | −1,247.0% | −1,847.5% | −1,526.9% | −1,588.0% | −1,783.4% | −42.2% | −10,792.0% | — | −10,243.5% | −20,439.2% | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AVX's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AVX financial results
In fiscal year 2025 (ended December 31, 2025), Avax One Technology reported revenue of $2.3 million, up 8,709.3% from the year before. It had a net loss of $33.2 million, a net profit margin of −1,418.1%. Diluted earnings per share came to −$23.93.
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AVX income statement FAQ
What is Avax One Technology's annual revenue?
Avax One Technology reported total revenue of $2.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 8,709.3% from $0.0 million the previous year.
Is Avax One Technology profitable?
No. Avax One Technology reported a net loss of $33.2 million in fiscal 2025, a net profit margin of −1,418.1%; its operating margin was −676.1%.
What is Avax One Technology's gross margin?
Avax One Technology's gross margin was 38.9% in fiscal 2025: for every $100 of revenue, Avax One Technology kept $39 after the direct cost of its products and services.
How much does Avax One Technology spend on research and development?
Avax One Technology spent $0.0 million on research and development in fiscal 2025, 0.8% of revenue.
What are Avax One Technology's earnings per share?
Avax One Technology earned $-23.93 per diluted share in fiscal 2025, compared with $-4723.37 a year earlier.
When will Avax One Technology report its next earnings?
Avax One Technology is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Avax One Technology's fiscal year end?
Avax One Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.