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 6 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).
FY2025 shows a capital-funded balance-sheet expansion in which new financing, not operations, reshaped Avax One’s economics.
After three years with a current ratio below 1.0x, FY2025 jumped to 4.2x, marking a genuine reset in short-term solvency. Because that shift arrived with$151.7M of financing inflow while operating cash flow stayed at-$14.4M , the stronger balance sheet reads as a recapitalization that funded asset accumulation, not evidence that the underlying operation suddenly became self-funding.
The company now looks lightly levered on paper, with debt-to-equity at 0.04x, a sharp contrast to earlier years when leverage and weak liquidity traveled together. Liabilities of
The harder issue is cash conversion: revenue reached only
Financial Health Signals
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 Avax One Technology Ltd.'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.
Avax One Technology Ltd. has an operating margin of -925.5%, meaning the company retains $-926 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 -37998.5% the prior year.
Avax One Technology Ltd.'s revenue surged 8709.3% year-over-year to $2.3M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Avax One Technology Ltd. carries a low D/E ratio of 0.04, meaning only $0.04 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.
With a current ratio of 4.19, Avax One Technology Ltd. holds $4.19 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 83/100.
Avax One Technology Ltd. generates a -17.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -266.3% the prior year.
Avax One Technology Ltd. passes 6 of 9 financial strength tests. 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Avax One Technology Ltd. generates $0.44 in operating cash flow (-$14.4M OCF vs -$33.2M 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
Earnings & Revenue
Avax One Technology Ltd. generated $2.3M in revenue in fiscal year 2025. This represents an increase of 8709.3% from the prior year.
Avax One Technology Ltd.'s EBITDA was -$20.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 116.6% from the prior year.
Avax One Technology Ltd. reported -$33.2M in net income in fiscal year 2025. This represents a decrease of 104.0% from the prior year.
Avax One Technology Ltd. earned $-2.15 per diluted share (EPS) in fiscal year 2025. This represents an increase of 98.9% from the prior year.
Cash & Balance Sheet
Avax One Technology Ltd. held $22.1M in cash against $0 in long-term debt as of fiscal year 2025.
Avax One Technology Ltd. had 93M shares outstanding in fiscal year 2025. This represents a decrease of 40.1% from the prior year.
Margins & Returns
Avax One Technology Ltd.'s operating margin was -925.5% in fiscal year 2025, reflecting core business profitability. This is up 37073.0 percentage points from the prior year.
Avax One Technology Ltd.'s net profit margin was -1418.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 59829.9 percentage points from the prior year.
Avax One Technology Ltd.'s ROE was -17.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 248.5 percentage points from the prior year.
Capital Allocation
Avax One Technology Ltd. invested $19K in research and development in fiscal year 2025. This represents a decrease of 75.1% from the prior year.
Avax One Technology Ltd. spent $258K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
AVX Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5M+130.4% | $1.1M+107.2% | $526K+16.4% | $452K+65.6% | $273K | N/A | N/A | $41K |
| Cost of Revenue | N/A | N/A | N/A | N/A | $265K | N/A | N/A | $34K |
| Gross Profit | N/A | N/A | N/A | N/A | $79K | N/A | N/A | $8K |
| R&D Expenses | N/A | N/A | N/A | N/A | $233K | N/A | $54K+10516.1% | $509 |
| SG&A Expenses | $2.3M+503.8% | -$561K-401.4% | $186K+13.2% | $164K-87.8% | $1.3M | N/A | $277K-2.7% | $285K |
| Operating Income | -$44.6M-182.7% | -$15.8M-503.8% | -$2.6M-75.9% | -$1.5M+17.6% | -$1.8M | N/A | -$5.5M-369.3% | -$1.2M |
| 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 | -$46.4M-178.8% | -$16.6M-99.2% | -$8.4M-3.6% | -$8.1M-5458.8% | -$145K | N/A | -$5.8M-38.2% | -$4.2M |
| EPS (Diluted) | $-0.48 | N/A | $-5.55 | $-27.60-161.1% | $-10.57 | N/A | $-57.19+31.1% | $-83.03 |
AVX Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $157.1M-19.4% | $195.0M+1080.9% | $16.5M+8.3% | $15.2M-9.4% | $16.8M+56.3% | $10.8M-0.3% | $10.8M-31.1% | $15.7M |
| Current Assets | $38.9M+16.1% | $33.5M+1022.7% | $3.0M+113.0% | $1.4M-51.3% | $2.9M+124.4% | $1.3M-34.1% | $1.9M-40.6% | $3.3M |
| Cash & Equivalents | $16.5M-25.6% | $22.1M+2374.0% | $895K+382.8% | $185K-86.3% | $1.4M+176.0% | $490K-64.3% | $1.4M-53.2% | $2.9M |
| Inventory | N/A | N/A | $6K0.0% | $6K-86.0% | $42K+612.6% | $6K-87.4% | $47K+920.9% | $5K |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | $163-98.1% | $8K |
| Goodwill | $1.5M0.0% | $1.5M0.0% | $1.5M0.0% | $1.5M-16.1% | $1.8M+520.6% | $295K-6.2% | $314K | N/A |
| Total Liabilities | $14.3M+79.1% | $8.0M+83.2% | $4.4M-61.0% | $11.2M+7.4% | $10.4M+123.9% | $4.7M+12.9% | $4.1M-5.1% | $4.3M |
| Current Liabilities | N/A | $8.0M+85.0% | $4.3M-61.0% | $11.1M+30.4% | $8.5M+96.5% | $4.3M+36.7% | $3.2M+19.6% | $2.6M |
| Long-Term Debt | N/A | N/A | $1.8M-78.5% | $8.6M-16.1% | $10.2M+587.6% | $1.5M-32.4% | $2.2M-30.2% | $3.1M |
| Total Equity | $142.8M-23.6% | $187.0M+1438.8% | $12.2M+199.3% | $4.1M-36.7% | $6.4M+4.8% | $6.1M-8.4% | $6.7M-41.1% | $11.3M |
| Retained Earnings | -$140.4M-49.4% | -$94.0M-21.5% | -$77.3M-12.1% | -$69.0M-13.2% | -$60.9M-0.2% | -$60.8M-5.0% | -$57.9M-11.2% | -$52.1M |
AVX Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M+85.0% | -$9.0M-279.0% | -$2.4M-169.1% | -$884K+59.3% | -$2.2M-18.0% | -$1.8M-53.4% | -$1.2M-30.6% | -$919K |
| Capital Expenditures | $2.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | -$3.9M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$2.5M+97.7% | -$110.0M-66169.3% | $166K+118.1% | -$918K+80.7% | -$4.8M-214.8% | -$1.5M | N/A | N/A |
| Financing Cash Flow | $3.7M-97.4% | $140.2M+4697.8% | $2.9M+380.0% | $609K-92.3% | $7.9M+253.1% | $2.2M | $0-100.0% | $1.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $3.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AVX Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | 28.9% | N/A | N/A | 18.4% |
| Operating Margin | -1774.8%-328.2pp | -1446.6%-950.0pp | -496.6%-168.1pp | -328.4%+331.6pp | -660.1% | N/A | N/A | -2827.7% |
| Net Margin | -1847.5%-321.0pp | -1526.6%+61.4pp | -1588.0%+195.5pp | -1783.4%-1730.3pp | -53.1% | N/A | N/A | -10243.5% |
| Return on Equity | -32.5%-23.6pp | -8.9%+59.8pp | -68.7%+129.8pp | -198.6%-196.3pp | -2.3% | N/A | -87.7%-50.3pp | -37.4% |
| Return on Assets | -29.5%-21.0pp | -8.5%+42.1pp | -50.6%+2.3pp | -52.9%-52.0pp | -0.9% | N/A | -54.2%-27.2pp | -27.0% |
| Current Ratio | N/A | 4.19+3.5 | 0.69+0.6 | 0.13-0.2 | 0.34+0.0 | 0.30-0.3 | 0.62-0.6 | 1.24 |
| Debt-to-Equity | 0.10+0.1 | 0.04-0.1 | 0.15-2.0 | 2.11+0.5 | 1.59+1.4 | 0.24-0.1 | 0.33+0.1 | 0.28 |
| FCF Margin | -154.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Avax One Technology Ltd.'s annual revenue?
Avax One Technology Ltd. (AVX) reported $2.3M in total revenue for fiscal year 2025. This represents a 8709.3% 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 8709.3% year-over-year, from $27K to $2.3M in fiscal year 2025.
Is Avax One Technology Ltd. profitable?
No, Avax One Technology Ltd. (AVX) reported a net income of -$33.2M in fiscal year 2025, with a net profit margin of -1418.1%.
What is Avax One Technology Ltd.'s EBITDA?
Avax One Technology Ltd. (AVX) had EBITDA of -$20.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Avax One Technology Ltd.'s operating margin?
Avax One Technology Ltd. (AVX) had an operating margin of -925.5% in fiscal year 2025, 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 -1418.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Avax One Technology Ltd.'s return on equity (ROE)?
Avax One Technology Ltd. (AVX) has a return on equity of -17.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Avax One Technology Ltd.'s operating cash flow?
Avax One Technology Ltd. (AVX) generated -$14.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Avax One Technology Ltd.'s total assets?
Avax One Technology Ltd. (AVX) had $195.0M in total assets as of fiscal year 2025, 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 $19K in research and development during fiscal year 2025.
What is Avax One Technology Ltd.'s current ratio?
Avax One Technology Ltd. (AVX) had a current ratio of 4.19 as of fiscal year 2025, which is generally considered healthy.
What is Avax One Technology Ltd.'s debt-to-equity ratio?
Avax One Technology Ltd. (AVX) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, 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 -17.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Avax One Technology Ltd.'s cash runway?
Based on fiscal year 2025 data, Avax One Technology Ltd. (AVX) had $22.1M in cash against an annual operating cash burn of $14.4M. This gives an estimated cash runway of approximately 18 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 6 out of 9, indicating neutral 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 Avax One Technology Ltd.'s earnings high quality?
Avax One Technology Ltd. (AVX) has an earnings quality ratio of 0.44x, 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 47 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.