Avax One Technology Ltd. Financials
This page shows Avax One Technology Ltd. (AVX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Avax One Technology Ltd. has an operating margin of -15322.6%, meaning the company retains $-15323 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 up from -68502.6% the prior year.
Avax One Technology Ltd.'s revenue surged 317.0% year-over-year to $68K, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Avax One Technology Ltd. carries a low D/E ratio of 0.24, meaning only $0.24 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.
Avax One Technology Ltd.'s current ratio of 0.30 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
Avax One Technology Ltd. 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.
For every $1 of reported earnings, Avax One Technology Ltd. generates $0.32 in operating cash flow (-$5.3M OCF vs -$16.3M 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
Avax One Technology Ltd. generated $68K in revenue in fiscal year 2024. This represents an increase of 317.0% from the prior year.
Avax One Technology Ltd.'s EBITDA was -$9.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.0% from the prior year.
Avax One Technology Ltd. reported -$16.3M in net income in fiscal year 2024. This represents a decrease of 38.7% from the prior year.
Avax One Technology Ltd. earned $-28.84 per diluted share (EPS) in fiscal year 2024. This represents an increase of 97.1% from the prior year.
Avax One Technology Ltd. held $490K in cash against $1.5M in long-term debt as of fiscal year 2024.
Avax One Technology Ltd. had 155M shares outstanding in fiscal year 2024. This represents an increase of 265293.4% from the prior year.
Avax One Technology Ltd.'s gross margin was -31.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 47.9 percentage points from the prior year.
Avax One Technology Ltd.'s operating margin was -15322.6% in fiscal year 2024, reflecting core business profitability. This is up 53180.0 percentage points from the prior year.
Avax One Technology Ltd.'s net profit margin was -23973.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 48093.5 percentage points from the prior year.
Avax One Technology Ltd. invested $211K in research and development in fiscal year 2024. This represents an increase of 3107.7% from the prior year.
AVX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $526K+16.4% | $452K+31.2% | $344K | N/A | N/A | $41K | N/A | N/A |
| Cost of Revenue | N/A | N/A | $265K | N/A | N/A | $34K | N/A | N/A |
| Gross Profit | N/A | N/A | $79K | N/A | N/A | $8K | N/A | N/A |
| R&D Expenses | N/A | N/A | $233K | N/A | $54K+10516.1% | $509-85.8% | $4K | N/A |
| SG&A Expenses | $186K+13.2% | $164K-10.9% | $184K | N/A | $277K-2.7% | $285K-3.4% | $295K | N/A |
| Operating Income | -$2.6M-75.9% | -$1.5M+28.2% | -$2.1M | N/A | -$5.5M-369.3% | -$1.2M+13.3% | -$1.3M | N/A |
| 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 | -$8.4M-3.6% | -$8.1M-5441.4% | -$145K | N/A | -$5.8M-38.2% | -$4.2M-27.2% | -$3.3M | N/A |
| EPS (Diluted) | $-5.55 | $-27.60-2259.0% | $-1.17 | N/A | $-57.19+31.1% | $-83.03 | $-26.32 | N/A |
AVX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.5M+8.3% | $15.2M-9.4% | $16.8M+56.3% | $10.8M-0.3% | $10.8M-31.1% | $15.7M-2.0% | $16.0M-8.0% | $17.4M |
| Current Assets | $3.0M+113.0% | $1.4M-51.3% | $2.9M+119.9% | $1.3M-32.8% | $1.9M-40.6% | $3.3M-1.0% | $3.3M-21.7% | $4.2M |
| Cash & Equivalents | $895K+382.8% | $185K-86.3% | $1.4M+176.0% | $490K-64.3% | $1.4M-53.2% | $2.9M+2.6% | $2.9M-26.2% | $3.9M |
| Inventory | $6K0.0% | $6K-86.0% | $42K+612.6% | $6K-87.4% | $47K+920.9% | $5K | N/A | $39K |
| Accounts Receivable | N/A | N/A | N/A | N/A | $163-98.1% | $8K | N/A | N/A |
| Goodwill | $1.5M0.0% | $1.5M-16.1% | $1.8M+520.6% | $295K-6.2% | $314K | N/A | N/A | N/A |
| Total Liabilities | $4.4M-61.0% | $11.2M+7.4% | $10.4M+123.9% | $4.7M+12.9% | $4.1M-5.1% | $4.3M-38.4% | $7.0M-20.0% | $8.8M |
| Current Liabilities | $4.3M-61.0% | $11.1M+30.4% | $8.5M+96.5% | $4.3M+36.7% | $3.2M+19.6% | $2.6M-34.6% | $4.0M-33.2% | $6.0M |
| Long-Term Debt | $1.8M-78.5% | $8.6M-16.1% | $10.2M+587.6% | $1.5M-32.4% | $2.2M-30.2% | $3.1M-60.3% | $7.9M-30.8% | $11.5M |
| Total Equity | $12.2M+199.3% | $4.1M-36.6% | $6.4M+4.8% | $6.1M-8.4% | $6.7M-41.1% | $11.3M+26.7% | $8.9M+4.4% | $8.6M |
| Retained Earnings | -$77.3M-12.1% | -$69.0M-13.2% | -$60.9M-0.2% | -$60.8M-5.0% | -$57.9M-11.2% | -$52.1M-8.8% | -$47.8M-7.5% | -$44.5M |
AVX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.4M-168.9% | -$884K+59.3% | -$2.2M-17.9% | -$1.8M-53.4% | -$1.2M-30.6% | -$919K+29.8% | -$1.3M-22.7% | -$1.1M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $166K+118.1% | -$918K+80.7% | -$4.8M-214.8% | -$1.5M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $2.9M+380.0% | $609K-92.3% | $7.9M+253.1% | $2.2M | $0-100.0% | $1.1M+284.4% | $281K-93.8% | $4.5M |
| 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 |
AVX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | 22.9% | N/A | N/A | 18.4% | N/A | N/A |
| Operating Margin | -496.6%-168.1pp | -328.4%+271.6pp | -600.0% | N/A | N/A | -2827.7% | N/A | N/A |
| Net Margin | -1588.0%+195.5pp | -1783.4%-1741.2pp | -42.2% | N/A | N/A | -10243.5% | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -50.6%+2.3pp | -52.9%-52.0pp | -0.9% | N/A | -54.2%-27.2pp | -27.0%-6.2pp | -20.8% | N/A |
| Current Ratio | 0.69+0.6 | 0.13-0.2 | 0.34+0.0 | 0.30-0.3 | 0.62-0.6 | 1.24+0.4 | 0.82+0.1 | 0.70 |
| Debt-to-Equity | 0.15-2.0 | 2.11+0.5 | 1.59+1.4 | 0.24-0.1 | 0.33+0.1 | 0.28-0.6 | 0.89-0.5 | 1.34 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.30), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Avax One Technology Ltd.'s annual revenue?
Avax One Technology Ltd. (AVX) reported $68K in total revenue for fiscal year 2024. This represents a 317.0% 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 Avax One Technology Ltd.'s revenue growing?
Avax One Technology Ltd. (AVX) revenue grew by 317% year-over-year, from $16K to $68K in fiscal year 2024.
Is Avax One Technology Ltd. profitable?
No, Avax One Technology Ltd. (AVX) reported a net income of -$16.3M in fiscal year 2024, with a net profit margin of -23973.4%.
What is Avax One Technology Ltd.'s earnings per share (EPS)?
Avax One Technology Ltd. (AVX) reported diluted earnings per share of $-28.84 for fiscal year 2024. This represents a 97.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Avax One Technology Ltd.'s EBITDA?
Avax One Technology Ltd. (AVX) had EBITDA of -$9.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Avax One Technology Ltd. have?
As of fiscal year 2024, Avax One Technology Ltd. (AVX) had $490K in cash and equivalents against $1.5M in long-term debt.
What is Avax One Technology Ltd.'s gross margin?
Avax One Technology Ltd. (AVX) had a gross margin of -31.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Avax One Technology Ltd.'s operating margin?
Avax One Technology Ltd. (AVX) had an operating margin of -15322.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Avax One Technology Ltd.'s net profit margin?
Avax One Technology Ltd. (AVX) had a net profit margin of -23973.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Avax One Technology Ltd.'s operating cash flow?
Avax One Technology Ltd. (AVX) generated -$5.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Avax One Technology Ltd.'s total assets?
Avax One Technology Ltd. (AVX) had $10.8M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Avax One Technology Ltd. spend on research and development?
Avax One Technology Ltd. (AVX) invested $211K in research and development during fiscal year 2024.
How many shares does Avax One Technology Ltd. have outstanding?
Avax One Technology Ltd. (AVX) had 155M shares outstanding as of fiscal year 2024.
What is Avax One Technology Ltd.'s current ratio?
Avax One Technology Ltd. (AVX) had a current ratio of 0.30 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Avax One Technology Ltd.'s debt-to-equity ratio?
Avax One Technology Ltd. (AVX) had a debt-to-equity ratio of 0.24 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Avax One Technology Ltd.'s return on assets (ROA)?
Avax One Technology Ltd. (AVX) had a return on assets of -151.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Avax One Technology Ltd.'s cash runway?
Based on fiscal year 2024 data, Avax One Technology Ltd. (AVX) had $490K in cash against an annual operating cash burn of $5.3M. This gives an estimated cash runway of approximately 1 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 Avax One Technology Ltd.'s Piotroski F-Score?
Avax One Technology Ltd. (AVX) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Avax One Technology Ltd.'s earnings high quality?
Avax One Technology Ltd. (AVX) has an earnings quality ratio of 0.32x, 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 Avax One Technology Ltd.?
Avax One Technology Ltd. (AVX) scores 50 out of 100 on our Financial Profile, indicating moderate 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.