AXIL Axil Brands, Inc.

Overview and Growth

In fiscal 2026, Axil Brands, Inc. recorded $30.85M of revenue, net income of $2.70M, and an operating cash outflow of $9.63K. At $30.85M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $26.26M in fiscal 2025, revenue recorded a 17.5% year-over-year increase. Diluted earnings per share were $0.33, translating the period’s attributable earnings into the amount reported for each diluted share. Against diluted EPS of $0.10 in fiscal 2025, the current result was 230.0% higher. At period end, total assets were $17.96M, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 1.72x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $21.38M as gross profit before recognizing operating expenses and other items. Gross profit represented 69.3% of revenue, showing how much of the top line remained after direct costs. The reported operating result was $2.98M, capturing profitability after direct costs and the operating expenses reflected in the statements. Relative to revenue, operating income represented 9.7%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $2.70M for the fiscal year. The final earnings result represented 8.8% of revenue, connecting the absolute net income figure with the company’s top-line scale. Before income taxes, the company reported $3.14M of earnings, providing a bridge between the operating result and final net income. Pretax income represented 10.2% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $440.31K, providing the reported tax component that separates pretax and after-tax earnings. Relative to pretax income, the tax provision measured 14.0%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 20.5%, relating annual net income to the equity capital on the balance sheet. Net income represented 15.0% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

The company held $17.96M of assets against $4.81M of liabilities and $13.14M of equity, revealing how the asset base was financed. At period end, current assets of $14.34M compared with current liabilities of $4.50M, defining the company’s short-term resource position. At 3.19x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $4.46M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 99.1% of current liabilities, showing how much near-term coverage came from cash alone. The liabilities-to-assets relationship was 26.8%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 24.8% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $12.87M in fiscal 2025, the current asset base moved 39.5% and finished higher. Book equity was 36.1% higher than fiscal 2025 equity of $9.66M, showing how shareholder capital changed year over year. Cash and equivalents were 6.5% lower than fiscal 2025 cash of $4.77M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $9.63K, rather than cash generation from operations. Capital spending of $79.39K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $89.02K cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 0.3%. The cash deficit after capital spending represented 0.5% of the period-end asset base.

Based on the annual report for the fiscal year ending May 31, 2026. Analysis generated Oct 21, 2026.