Axe Compute Inc Financials

AGPU

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Axe Compute Inc (AGPU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AGPU FY2025 2026-04-22

A recent balance-sheet recapitalization restored liquidity, but Axe Compute still depends on external funding more than customer demand.

Between FY2024 and FY2025, liquidity flipped as cash rose from $612K to $10.8M and equity turned positive. Because operating cash burn still ran near $10M while revenue stayed below $126K, the improvement was a balance-sheet reset, not evidence that customers are funding day-to-day operations.

In FY2025, free cash flow matched operating cash flow at -$9.9M because capex was $0. That makes this less a capital-build story and more a burn-rate story: if spending changes, cash needs would move almost one-for-one.

FY2025 generated only $125K of revenue against $25.9M of SG&A, so overhead rather than gross margin sets the economic reality. Even after gross margin recovered to 42.0%, the company produced just $53K of gross profit, far too little to absorb the cost base at the current sales scale.

Financial Health Signals

Financial Profile 33/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Axe Compute Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Axe Compute Inc has an operating margin of -144404.5%, meaning the company retains $-144404 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -12149.1% the prior year.

Growth

Axe Compute Inc's revenue surged 47.7% year-over-year to $125K, reflecting rapid business expansion. This strong growth earns a score of 0/100.

Leverage

100

Axe Compute Inc carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 10.02, Axe Compute Inc holds $10.02 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While Axe Compute Inc generated -$9.9M in operating cash flow, capex of $0 consumed most of it, leaving -$9.9M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Axe Compute Inc generates a -488.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.

Piotroski F-Score Weak

3/9

Axe Compute Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.04x

For every $1 of reported earnings, Axe Compute Inc generates $0.04 in operating cash flow (-$9.9M OCF vs -$233.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$125K

YoY+47.7%

5Y CAGR-36.9%

10Y CAGR-15.2%

Axe Compute Inc generated $125K in revenue in fiscal year 2025. This represents an increase of 47.7% from the prior year.

EBITDA

-$180.8M

YoY-1677.4%

Axe Compute Inc's EBITDA was -$180.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1677.4% from the prior year.

Net Income

-$233.1M

YoY-1740.6%

Axe Compute Inc reported -$233.1M in net income in fiscal year 2025. This represents a decrease of 1740.6% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$9.9M

YoY+2.3%

Axe Compute Inc generated -$9.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 2.3% from the prior year.

Cash & Debt

$10.8M

YoY+1663.7%

5Y CAGR+73.9%

10Y CAGR+8.3%

Axe Compute Inc held $10.8M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

Axe Compute Inc had 4M shares outstanding in fiscal year 2025. This represents an increase of 818.7% from the prior year.

Margins & Returns

Gross Margin

42.0%

YoY+34.3pp

5Y CAGR-22.3pp

10Y CAGR-11.5pp

Axe Compute Inc's gross margin was 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 34.3 percentage points from the prior year.

Operating Margin

-144404.5%

YoY-132255.4pp

5Y CAGR-142379.4pp

Axe Compute Inc's operating margin was -144404.5% in fiscal year 2025, reflecting core business profitability. This is down 132255.4 percentage points from the prior year.

Net Margin

-186053.5%

YoY-171121.1pp

5Y CAGR-183986.5pp

10Y CAGR-185321.4pp

Axe Compute Inc's net profit margin was -186053.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 171121.1 percentage points from the prior year.

Return on Equity

-488.5%

5Y CAGR+491.0pp

10Y CAGR-372.0pp

Axe Compute Inc's ROE was -488.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

YoY-100.0%

Axe Compute Inc invested $0 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.

AGPU Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$125K+47.7%	$85K-82.8%	$493K-67.3%	$1.5M+6.0%	$1.4M+13.4%	$1.3M
Cost of Revenue	$73K-7.2%	$78K-59.9%	$195K-61.4%	$505K+3.7%	$487K+8.9%	$447K
Gross Profit	$53K+706.8%	$7K-97.8%	$297K-70.3%	$1.0M+7.1%	$934K+16.0%	$805K
R&D Expenses	N/A	$2.2M+2184.5%	$98K-69.4%	$320K+1.4%	$316K-15.3%	$373K
SG&A Expenses	$25.9M+258.3%	$7.2M-8.0%	$7.9M-29.2%	$11.1M+1.6%	$10.9M+5.6%	$10.4M
Operating Income	-$180.9M-1655.8%	-$10.3M+7.6%	-$11.1M+57.2%	-$26.0M-27.4%	-$20.4M+19.4%	-$25.4M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0+100.0%	-$662K	$0
Net Income	-$233.1M-1740.6%	-$12.7M+9.4%	-$14.0M+45.7%	-$25.7M-30.9%	-$19.7M+24.1%	-$25.9M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$9K+139.7%	$4K+34.9%	$3K-97.6%	$110K+1154.7%	$9K+125.0%	$4K-94.2%	$67K+1284.4%	$5K
Cost of Revenue	$927-88.9%	$8K-54.1%	$18K-59.6%	$45K+46.4%	$31K+175.7%	$11K-19.3%	$14K-38.2%	$22K
Gross Profit	$8K+263.5%	-$5K+69.5%	-$16K-123.8%	$65K+396.0%	-$22K-203.0%	-$7K-113.6%	$53K+403.8%	-$18K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$19.6M+650.4%	$2.6M+39.3%	$1.9M+2.6%	$1.8M+18.7%	$1.5M-0.4%	$1.5M-15.3%	$1.8M-21.5%	$2.3M
Operating Income	-$172.7M-5165.1%	-$3.3M-23.3%	-$2.7M-16.3%	-$2.3M-9.1%	-$2.1M+2.9%	-$2.2M+12.3%	-$2.5M+31.2%	-$3.6M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	-$2.1M+15.2%	-$2.4M-12.6%	-$2.2M+29.9%	-$3.1M+2.7%	-$3.2M+24.6%	-$4.2M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AGPU Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$52.9M+963.6%	$5.0M-65.5%	$14.4M-44.0%	$25.7M-41.2%	$43.8M+235.1%	$13.1M
Current Assets	$42.8M+1821.5%	$2.2M-77.9%	$10.1M-56.9%	$23.4M-20.7%	$29.5M+1845.4%	$1.5M
Cash & Equivalents	$10.8M+1663.7%	$612K-92.7%	$8.4M-62.1%	$22.1M-21.7%	$28.2M+4057.6%	$678K
Inventory	N/A	$46K-24.6%	$61K-85.9%	$430K+11.0%	$388K+33.9%	$290K
Accounts Receivable	$32K-6.0%	$34K-57.3%	$80K-75.9%	$331K-6.5%	$354K+37.9%	$257K
Goodwill	N/A	N/A	N/A	$0-100.0%	$6.9M+143.7%	$2.8M
Total Liabilities	$5.2M-0.1%	$5.2M-15.8%	$6.1M+54.8%	$4.0M+13.2%	$3.5M-66.3%	$10.4M
Current Liabilities	$4.3M+18.7%	$3.6M-9.1%	$4.0M+1.8%	$3.9M+19.8%	$3.2M-65.3%	$9.3M
Long-Term Debt	N/A	N/A	N/A	N/A	$0	N/A
Total Equity	$47.7M+23651.1%	-$203K-102.4%	$8.3M-62.0%	$21.8M-45.9%	$40.3M+1423.7%	$2.6M
Retained Earnings	-$413.5M-129.2%	-$180.4M-7.5%	-$167.8M-9.1%	-$153.8M-20.1%	-$128.0M-18.1%	-$108.4M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$52.9M+1585.8%	$3.1M-8.7%	$3.4M-41.5%	$5.9M+18.0%	$5.0M-33.7%	$7.5M-29.2%	$10.6M-0.1%	$10.6M
Current Assets	$42.8M+3774.3%	$1.1M-9.8%	$1.2M-64.9%	$3.5M+56.6%	$2.2M-51.3%	$4.6M-33.7%	$6.9M+4.9%	$6.6M
Cash & Equivalents	$10.8M+5839.9%	$182K-64.1%	$506K-83.6%	$3.1M+404.7%	$612K-80.1%	$3.1M-42.3%	$5.3M+2.6%	$5.2M
Inventory	N/A	$38K-11.0%	$43K-6.7%	$46K0.0%	$46K-90.9%	$504K-11.2%	$568K+28.6%	$442K
Accounts Receivable	$32K+23.5%	$26K+13.3%	$23K-61.6%	$60K+75.2%	$34K-92.6%	$464K+19.8%	$387K-24.0%	$509K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$5.2M-93.6%	$80.6M+1483.2%	$5.1M-15.4%	$6.0M+16.2%	$5.2M-6.4%	$5.5M-14.8%	$6.5M-0.8%	$6.5M
Current Liabilities	$4.3M-94.6%	$79.5M+1967.1%	$3.8M-16.6%	$4.6M+28.3%	$3.6M-5.9%	$3.8M-17.4%	$4.6M+2.3%	$4.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$47.7M+161.6%	-$77.4M-4583.0%	-$1.7M-1034.1%	-$146K+28.0%	-$203K-110.3%	$2.0M-52.0%	$4.1M+1.0%	$4.1M
Retained Earnings	-$413.5M-57.5%	-$262.6M-42.0%	-$184.9M-1.1%	-$182.9M-1.4%	-$180.4M-1.2%	-$178.3M-1.8%	-$175.2M-1.8%	-$172.0M

AGPU Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$9.9M+2.2%	-$10.1M+23.4%	-$13.2M-6.6%	-$12.4M-1.3%	-$12.2M+0.4%	-$12.3M
Capital Expenditures	$0-100.0%	$10K+1.5%	$9K-97.8%	$420K-53.9%	$910K+205.1%	$298K
Free Cash Flow	-$9.9M+2.3%	-$10.1M+23.4%	-$13.2M-3.2%	-$12.8M+2.5%	-$13.1M-4.5%	-$12.6M
Investing Cash Flow	N/A	N/A	-$302K+36.4%	-$476K+95.5%	-$10.6M-6234.5%	-$167K
Financing Cash Flow	N/A	N/A	$149K-97.8%	$6.7M-86.7%	$50.3M+288.7%	$13.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$0-100.0%	$2K-94.5%	$28K+139.9%	$12K	$0

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$3.9M-138.3%	-$1.7M+49.8%	-$3.3M-234.2%	-$986K+52.0%	-$2.1M+19.3%	-$2.5M-21.9%	-$2.1M+38.9%	-$3.4M
Capital Expenditures	$0	$0	$0	$0-100.0%	$6K	$0	$0-100.0%	$3K
Free Cash Flow	-$3.9M-138.3%	-$1.7M+49.8%	-$3.3M-234.2%	-$986K+52.1%	-$2.1M+19.1%	-$2.5M-21.9%	-$2.1M+38.9%	-$3.4M
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$6K-113.7%	-$3K
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$3.4M+3089.2%	-$112K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AGPU Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	42.0%+34.3pp	7.7%-52.7pp	60.4%-6.1pp	66.5%+0.7pp	65.7%+1.4pp	64.3%
Operating Margin	-144404.5%-132255.4pp	-12149.1%-9885.8pp	-2263.4%-534.1pp	-1729.3%-291.3pp	-1438.0%+587.2pp	-2025.1%
Net Margin	-186053.5%-171121.1pp	-14932.3%-12093.5pp	-2838.8%-1129.2pp	-1709.6%-326.0pp	-1383.6%+683.3pp	-2067.0%
Return on Equity	-488.5%	N/A	-169.1%-50.8pp	-118.3%-69.4pp	-48.8%+930.6pp	-979.5%
Return on Assets	-440.7%-186.0pp	-254.7%-157.7pp	-97.0%+3.0pp	-100.0%-55.1pp	-44.9%+153.3pp	-198.2%
Current Ratio	10.02+9.4	0.62-1.9	2.55-3.5	6.02-3.1	9.09+8.9	0.16
Debt-to-Equity	0.11+25.7	-25.54-26.3	0.74+0.6	0.18+0.2	0.00-3.9	3.94
FCF Margin	-7882.9%+4040.6pp	-11923.5%-9244.1pp	-2679.4%-1829.8pp	-849.6%+73.8pp	-923.5%+79.2pp	-1002.7%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	89.3%+220.3pp	-131.0%+448.4pp	-579.4%-638.5pp	59.1%+309.6pp	-250.5%-64.4pp	-186.1%-265.5pp	79.4%+441.2pp	-361.8%
Operating Margin	-1990880.1%-1900226.0pp	-90654.1%+8520.7pp	-99174.8%-97101.5pp	-2073.3%+21775.6pp	-23848.9%+31447.8pp	-55296.8%-51632.1pp	-3664.6%+70070.1pp	-73734.8%
Net Margin	N/A	N/A	-77198.4%-74983.9pp	-2214.5%+22462.4pp	-24676.9%+54532.0pp	-79208.9%-74478.7pp	-4730.1%+82113.1pp	-86843.2%
Return on Equity	N/A	N/A	N/A	N/A	N/A	-157.3%-79.6pp	-77.7%+26.4pp	-104.1%
Return on Assets	N/A	N/A	-60.3%-18.6pp	-41.6%+2.0pp	-43.6%-2.4pp	-41.3%-11.2pp	-30.0%+9.8pp	-39.8%
Current Ratio	10.02+10.0	0.01-0.3	0.32-0.4	0.76+0.1	0.62-0.6	1.20-0.3	1.49+0.0	1.45
Debt-to-Equity	0.11+1.1	-1.04+2.0	-3.08+38.2	-41.25-15.7	-25.54-28.4	2.81+1.2	1.59-0.0	1.62
FCF Margin	-45440.9%+271.3pp	-45712.1%+77136.2pp	-122848.3%-121954.6pp	-893.7%+22535.4pp	-23429.1%+41723.8pp	-65152.8%-62048.0pp	-3104.8%+67275.0pp	-70379.9%

Frequently Asked Questions

What is Axe Compute Inc's annual revenue?

Axe Compute Inc (AGPU) reported $125K in total revenue for fiscal year 2025. This represents a 47.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Axe Compute Inc's revenue growing?

Axe Compute Inc (AGPU) revenue grew by 47.7% year-over-year, from $85K to $125K in fiscal year 2025.

Is Axe Compute Inc profitable?

No, Axe Compute Inc (AGPU) reported a net income of -$233.1M in fiscal year 2025, with a net profit margin of -186053.5%.

What is Axe Compute Inc's EBITDA?

Axe Compute Inc (AGPU) had EBITDA of -$180.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Axe Compute Inc's gross margin?

Axe Compute Inc (AGPU) had a gross margin of 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Axe Compute Inc's operating margin?

Axe Compute Inc (AGPU) had an operating margin of -144404.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Axe Compute Inc's net profit margin?

Axe Compute Inc (AGPU) had a net profit margin of -186053.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Axe Compute Inc's return on equity (ROE)?

Axe Compute Inc (AGPU) has a return on equity of -488.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Axe Compute Inc's free cash flow?

Axe Compute Inc (AGPU) generated -$9.9M in free cash flow during fiscal year 2025. This represents a 2.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Axe Compute Inc's operating cash flow?

Axe Compute Inc (AGPU) generated -$9.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Axe Compute Inc's total assets?

Axe Compute Inc (AGPU) had $52.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Axe Compute Inc's capital expenditures?

Axe Compute Inc (AGPU) invested $0 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Axe Compute Inc have outstanding?

Axe Compute Inc (AGPU) had 4M shares outstanding as of fiscal year 2025.

What is Axe Compute Inc's current ratio?

Axe Compute Inc (AGPU) had a current ratio of 10.02 as of fiscal year 2025, which is generally considered healthy.

What is Axe Compute Inc's debt-to-equity ratio?

Axe Compute Inc (AGPU) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Axe Compute Inc's return on assets (ROA)?

Axe Compute Inc (AGPU) had a return on assets of -440.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Axe Compute Inc's cash runway?

Based on fiscal year 2025 data, Axe Compute Inc (AGPU) had $10.8M in cash against an annual operating cash burn of $9.9M. This gives an estimated cash runway of approximately 13 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Axe Compute Inc's Piotroski F-Score?

Axe Compute Inc (AGPU) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Axe Compute Inc's earnings high quality?

Axe Compute Inc (AGPU) has an earnings quality ratio of 0.04x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Axe Compute Inc?

Axe Compute Inc (AGPU) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.