NASDAQ : AXNX
Axonex AI Group Limited — Financial statements
Healthcare · Medical Devices · Hong Kong
Last price 1 USD (Nov 2, 2026, 4:00 PM EST) · Market cap 6.36M
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Financial statements
Axonex AI Group Limited (AXNX) reported revenue of 2.29M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.29M | 2.29M | 3.27M | 4.38M | 2.67M | 2.12M |
| Cost of Revenue | 2.04M | 2.04M | 2.54M | 2.82M | 1.41M | 1.50M |
| Gross Profit | 250.00K | 250.00K | 726.17K | 1.56M | 1.26M | 618.99K |
| Selling, General & Admin | 10.31M | 10.31M | 2.35M | 670.59K | 338.71K | 356.09K |
| Research & Development | 130.96K | 130.96K | ||||
| Operating Expenses | 10.44M | 10.44M | 2.35M | 670.59K | 338.71K | 356.09K |
| Operating Income | -10.19M | -10.19M | -1.63M | 890.79K | 925.07K | 262.90K |
| Interest Expense | -29.39K | -29.39K | -34.27K | -348.00 | ||
| Interest & Investment Income | 46.88K | 46.88K | 24.88K | 110.00 | 38.00 | 1.00 |
| Other Non Operating Income (Expenses) | -2.74K | -2.74K | 1.16K | 21.47K | 54.00 | 2.51K |
| EBT Excluding Unusual Items | -10.17M | -10.17M | -1.64M | 912.37K | 925.16K | 265.06K |
| Asset Writedown | -137.59K | -137.59K | ||||
| Other Unusual Items | 24.49K | |||||
| Pretax Income | -10.31M | -10.31M | -1.64M | 912.37K | 949.65K | 265.06K |
| Income Tax Expense | 4.93K | 4.93K | -174.62K | 128.93K | 130.22K | 8.48K |
| Earnings From Continuing Operations | -10.32M | -10.32M | -1.46M | 783.44K | 819.42K | 256.58K |
| Minority Interest in Earnings | 532.00 | 532.00 | ||||
| Net Income | -10.31M | -10.31M | -1.46M | 783.44K | 819.42K | 256.58K |
| Net Income to Common | -10.31M | -10.31M | -1.46M | 783.44K | 819.42K | 256.58K |
| Shares Outstanding (Basic) | 993.72K | 993.72K | 856.98K | 840.00K | 840.00K | 840.00K |
| Shares Outstanding (Diluted) | 993.72K | 993.72K | 856.98K | 840.00K | 840.00K | 840.00K |
| EPS (Basic) | -10.38 | -10.38 | -1.70 | 0.93 | 0.98 | 0.31 |
| EPS (Diluted) | -10.38 | -10.38 | -1.70 | 0.93 | 0.98 | 0.31 |
| Free Cash Flow | -1.06M | -1.06M | -3.27M | 748.25K | 717.37K | -185.65K |
| Free Cash Flow Per Share | -1.07 | -1.07 | -3.81 | 0.89 | 0.85 | -0.22 |
| Gross Margin | 10.91% | 10.91% | 22.23% | 35.62% | 47.27% | 29.22% |
| Operating Margin | -444.75% | -444.75% | -49.83% | 20.32% | 34.60% | 12.41% |
| Profit Margin | -450.30% | -450.30% | -44.73% | 17.87% | 30.65% | 12.11% |
| Free Cash Flow Margin | -46.43% | -46.43% | -99.98% | 17.07% | 26.83% | -8.76% |
| EBITDA | -10.04M | -10.04M | -1.62M | 895.47K | 927.51K | 275.95K |
| EBITDA Margin | -49.66% | 20.43% | 34.69% | 13.03% | ||
| D&A For EBITDA | 147.98K | 147.98K | 5.37K | 4.68K | 2.44K | 13.05K |
| EBIT | -10.19M | -10.19M | -1.63M | 890.79K | 925.07K | 262.90K |
| EBIT Margin | -49.83% | 20.32% | 34.60% | 12.41% | ||
| Effective Tax Rate | 14.13% | 13.71% | 3.20% |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 964.14K | 964.14K | 4.52M | 317.32K | 292.94K | 92.65K |
| Short-Term Investments | 64.45K | 64.45K | 82.63K | 18.55K | 19.87K | 27.49K |
| Cash & Short-Term Investments | 1.03M | 1.03M | 4.60M | 335.88K | 312.81K | 120.14K |
| Accounts Receivable | 586.39K | 586.39K | 1.44M | 1.23M | 626.24K | 287.22K |
| Other Receivables | 1.53K | |||||
| Receivables | 586.39K | 586.39K | 1.57M | 1.23M | 626.24K | 287.22K |
| Prepaid Expenses | 339.04K | 339.04K | 476.02K | 18.25K | 13.82K | 6.64K |
| Other Current Assets | 187.25K | 187.25K | 111.87K | 478.34K | 64.00 | 128.00 |
| Total Current Assets | 2.33M | 2.33M | 6.93M | 2.06M | 952.93K | 414.13K |
| Property, Plant & Equipment | 349.61K | 349.61K | 189.41K | 50.81K | 5.07K | 2.38K |
| Long-Term Investments | 2.50M | 2.50M | ||||
| Other Long-Term Assets | 198.59K | 198.59K | 455.15K | |||
| Total Assets | 5.37M | 5.37M | 7.58M | 2.11M | 958.00K | 416.52K |
| Accounts Payable | 622.92K | 622.92K | 345.61K | 363.36K | 60.15K | 31.14K |
| Accrued Expenses | 325.57K | 325.57K | 173.52K | 240.19K | 66.91K | 10.09K |
| Current Portion of Long-Term Debt | 106.96K | 106.96K | 103.69K | |||
| Current Portion of Leases | 114.18K | 114.18K | 95.13K | 42.18K | ||
| Current Income Taxes Payable | 242.74K | 138.50K | 13.40K | |||
| Current Unearned Revenue | 39.36K | 39.36K | 4.50K | 20.45K | 28.94K | |
| Other Current Liabilities | 23.48K | 23.48K | 4.83K | 254.40K | 223.22K | |
| Total Current Liabilities | 1.23M | 1.23M | 722.45K | 913.75K | 548.90K | 277.85K |
| Long-Term Debt | 847.92K | 847.92K | 962.67K | |||
| Long-Term Leases | 10.16K | 10.16K | 90.97K | |||
| Other Long-Term Liabilities | -1.00 | |||||
| Total Liabilities | 2.09M | 2.09M | 1.78M | 913.75K | 548.90K | 277.84K |
| Common Stock | 4.00K | 4.00K | 4.00K | 4.00K | 4.00K | 4.00K |
| Additional Paid-In Capital | 13.88M | 13.88M | 6.06M | 1.28K | 1.28K | 1.28K |
| Retained Earnings | -10.58M | -10.58M | -269.14K | 1.19M | 408.54K | 137.49K |
| Comprehensive Income & Other | -14.90K | -14.90K | 5.08K | 463.00 | -4.72K | -4.11K |
| Total Common Equity | 3.28M | 3.28M | 5.80M | 1.20M | 409.10K | 138.67K |
| Minority Interest | -536.00 | -536.00 | ||||
| Shareholders' Equity | 3.28M | 3.28M | 5.80M | 1.20M | 409.10K | 138.67K |
| Total Liabilities & Equity | 5.37M | 5.37M | 7.58M | 2.11M | 958.00K | 416.52K |
| Total Debt | 1.08M | 1.08M | 1.25M | 42.18K | ||
| Net Cash (Debt) | -50.62K | -50.62K | 3.35M | 293.70K | 312.81K | 120.14K |
| Net Cash Per Share | -0.05 | -0.05 | 3.91 | 0.35 | 0.37 | 0.14 |
| Filing Date Shares Outstanding | 2.83M | 2.83M | 1.00M | 840.00K | 840.00K | 840.00K |
| Total Common Shares Outstanding | 1.00M | 1.00M | 1.00M | 840.00K | 840.00K | 840.00K |
| Working Capital | 1.09M | 1.09M | 6.21M | 1.15M | 404.04K | 136.29K |
| Book Value Per Share | 3.28 | 3.28 | 5.80 | 1.43 | 0.49 | 0.17 |
| Tangible Book Value | 3.28M | 3.28M | 5.80M | 1.20M | 409.10K | 138.67K |
| Tangible Book Value Per Share | 3.28 | 3.28 | 5.80 | 1.43 | 0.49 | 0.17 |
| Machinery | 124.13K | 124.13K | 22.23K | 14.90K | 6.68K | 1.54K |
| Leasehold Improvements | 267.86K | 267.86K | 25.72K | 25.82K | 25.82K | 25.82K |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -10.31M | -10.31M | -1.46M | 783.44K | 819.42K | 256.58K |
| Depreciation & Amortization | 249.36K | 249.36K | 63.38K | 44.57K | 2.44K | 51.50K |
| Asset Writedown & Restructuring Costs | 137.59K | 137.59K | ||||
| Stock-Based Compensation | 7.93M | 7.93M | ||||
| Provision & Write-off of Bad Debts | 1.98K | 1.98K | 35.35K | 6.33K | 4.53K | 1.16K |
| Other Operating Activities | -532.00 | -532.00 | ||||
| Change in Accounts Receivable | 703.07K | 703.07K | -234.57K | -606.48K | -298.23K | -268.24K |
| Change in Accounts Payable | 158.03K | 158.03K | -19.86K | 303.07K | 29.12K | -4.80K |
| Change in Unearned Revenue | 35.06K | 35.06K | -16.04K | -8.58K | 28.94K | -168.04K |
| Change in Income Taxes | -243.76K | 103.83K | 125.26K | 8.48K | ||
| Change in Other Net Operating Assets | 255.58K | 255.58K | -1.21M | 130.29K | 11.02K | -60.74K |
| Operating Cash Flow | -858.39K | -858.39K | -3.26M | 756.47K | 722.52K | -184.11K |
| Capital Expenditures | -205.05K | -205.05K | -7.23K | -8.22K | -5.14K | -1.54K |
| Investment in Securities | -2.50M | -2.50M | ||||
| Other Investing Activities | 512.57K | 512.57K | ||||
| Investing Cash Flow | -2.58M | -2.58M | -135.55K | -8.22K | -5.14K | -1.54K |
| Short-Term Debt Issued | 31.72K | 43.97K | ||||
| Long-Term Debt Issued | 1.16M | |||||
| Total Debt Issued | 1.16M | 31.72K | 43.97K | |||
| Short-Term Debt Repaid | -4.86K | -250.39K | ||||
| Long-Term Debt Repaid | -103.79K | -103.79K | -92.26K | |||
| Total Debt Repaid | -103.79K | -103.79K | -97.12K | -250.39K | ||
| Net Debt Issued (Repaid) | -103.79K | -103.79K | 1.06M | -250.39K | 31.72K | 43.97K |
| Issuance of Common Stock | 6.05M | 4.00K | 1.16K | |||
| Common Dividends Paid | -548.38K | |||||
| Other Financing Activities | 480.36K | -478.42K | ||||
| Financing Cash Flow | -103.79K | -103.79K | 7.59M | -724.82K | -516.66K | 45.12K |
| Foreign Exchange Rate Adjustments | -17.01K | -17.01K | 8.95K | 956.00 | -424.00 | -1.73K |
| Net Cash Flow | -3.56M | -3.56M | 4.20M | 24.39K | 200.28K | -142.26K |
| Free Cash Flow | -1.06M | -1.06M | -3.27M | 748.25K | 717.37K | -185.65K |
| Free Cash Flow Margin | -46.43% | -46.43% | -99.98% | 17.07% | 26.83% | -8.76% |
| Free Cash Flow Per Share | -1.07 | -1.07 | -3.81 | 0.89 | 0.85 | -0.22 |
| Levered Free Cash Flow | 3.10M | 3.10M | -1.93M | -168.90K | 500.39K | |
| Unlevered Free Cash Flow | 3.12M | 3.12M | -1.91M | -168.90K | 500.39K | |
| Cash Interest Paid | 29.39K | 29.39K | 34.27K | |||
| Cash Income Tax Paid | -93.65K | -93.65K | 354.33K | 25.10K | 4.96K | |
| Change in Working Capital | 1.14M | 1.14M | -1.90M | -77.87K | -103.89K | -493.34K |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.36M | 6.75M | 120.59M | |||
| Enterprise Value | 6.41M | 3.73M | 120.70M | |||
| Last Close Price | 1.06 | 6.75 | 131.00 | |||
| PS Ratio | 2.94 | 2.95 | 36.92 | |||
| PB Ratio | 0.32 | 2.06 | 20.79 | |||
| P/TBV Ratio | 2.05 | 2.06 | 20.79 | |||
| EV/Sales Ratio | 2.96 | 1.63 | 36.95 | |||
| Debt / Equity Ratio | 0.33 | 0.33 | 0.22 | 0.04 | ||
| Debt / EBITDA Ratio | 0.04 | |||||
| Debt / FCF Ratio | 0.06 | |||||
| Net Debt / Equity Ratio | 0.01 | 0.01 | -0.58 | -0.24 | -0.77 | -0.87 |
| Net Debt / EBITDA Ratio | -0.01 | -0.01 | 2.06 | -0.33 | -0.34 | -0.43 |
| Net Debt / FCF Ratio | -0.05 | -0.05 | 1.03 | -0.39 | -0.44 | 0.65 |
| Asset Turnover | 0.35 | 0.35 | 0.67 | 2.86 | 3.89 | |
| Quick Ratio | 1.31 | 1.31 | 8.36 | 1.71 | 1.71 | 1.47 |
| Current Ratio | 1.89 | 1.89 | 9.59 | 2.25 | 1.74 | 1.49 |
| Return on Equity (ROE) | -227.11% | -227.11% | -41.76% | 97.51% | 299.18% | |
| Return on Assets (ROA) | -98.33% | -98.33% | -21.00% | 36.28% | 84.13% | |
| Return on Invested Capital (ROIC) | -305.48% | -352.26% | -97.08% | 152.93% | 1,390.27% | 1,373.15% |
| Return on Capital Employed (ROCE) | -245.90% | -245.90% | -23.70% | 74.40% | 226.10% | 189.60% |
| Earnings Yield | -1,037.99% | -152.73% | -1.21% | |||
| FCF Yield | -15.78% | -15.75% | -2.71% | |||
| Payout Ratio | 66.92% | |||||
| Buyback Yield / Dilution | -15.96% | -15.96% | -2.02% |