AXIL Brands, Inc. (AXIL)

AXIL Brands Income Statement

Financials in millions USD. Fiscal year is June - May.

Year	2023	2022	2021	2020	2019
Revenue	23.52	2.34	1.63	1.01	0.99
Revenue Growth (YoY)	906.78%	43.01%	61.31%	2.02%	6.37%
Cost of Revenue	5.81	0.83	0.6	0.48	0.55
Gross Profit	17.71	1.51	1.03	0.53	0.44
Selling, General & Admin	15.73	1.72	1.35	0.7	0.59
Operating Expenses	15.73	1.72	1.35	0.7	0.59
Operating Income	1.98	-0.21	-0.32	-0.17	-0.15
Interest Expense / Income	0	0.01	0.01	0	0
Other Expense / Income	-0.07	-0.04	-0.03	-0	-0
Pretax Income	2.06	-0.18	-0.3	-0.17	-0.15
Income Tax	0.23	0	0	0	0
Net Income	1.82	-0.18	-0.3	-0.17	-0.15
Shares Outstanding (Basic)	6	2	2	2	2
Shares Outstanding (Diluted)	18	2	2	2	2
Shares Change	752.02%	0.91%	0.68%	0.88%	1.66%
EPS (Basic)	0.40	-	-0.20	-	-
EPS (Diluted)	0.20	-	-0.20	-	-
Free Cash Flow	2.85	-0.13	0.03	-0.1	-0.19
Free Cash Flow Per Share	0.51	-0.06	0.02	-0.05	-0.09
Gross Margin	75.30%	64.53%	63.29%	52.53%	44.29%
Operating Margin	8.44%	-9.05%	-19.65%	-16.90%	-15.07%
Profit Margin	7.76%	-7.83%	-18.23%	-17.06%	-15.11%
Free Cash Flow Margin	12.13%	-5.40%	2.02%	-9.77%	-19.03%
Effective Tax Rate	11.23%	-	-	-	-
EBITDA	2.15	-0.17	-0.28	-0.16	-0.14
EBITDA Margin	9.15%	-7.29%	-17.14%	-15.69%	-14.46%
Depreciation & Amortization	0.1	0.01	0.01	0.01	0.01
EBIT	2.06	-0.18	-0.29	-0.17	-0.15
EBIT Margin	8.75%	-7.55%	-17.85%	-16.89%	-15.06%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).