Avax One Technology Ltd. (AVX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AVX SEC filings page.
Avax One Technology Ltd. (AVX) reported $6.9M in revenue over the twelve months to Jun 30, 2026. This page shows its 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).
External funding financed a dramatic balance-sheet expansion while revenue remained small and operating losses deepened.
The 2025 asset base reached$195.0M from$10.8M in FY2024, yet revenue was only$2.3M ; this mismatch makes asset productivity more informative than conventional margin analysis. The larger base also reduced reported return on assets from-151.2% to-17.0% even as net loss widened to$33.2M , showing that the improved ratio primarily reflects balance-sheet expansion rather than profitability.
The company received
Debt-to-equity fell from 0.2x to 0.0x as assets expanded, pointing to a balance sheet financed mainly outside traditional debt. Revenue increased from
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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. held $22.1M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $14.4M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Avax One Technology Ltd. scores 43/100 among other emerging companies.
Avax One Technology Ltd. had 90M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Avax One Technology Ltd. scores 11/100 among other emerging companies.
Avax One Technology Ltd. spent $19K on research and development in fiscal year 2025, which was 0.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Avax One Technology Ltd. scores 3/100 among other emerging companies.
Avax One Technology Ltd. reported revenue of $2.3M in fiscal year 2025, against $27K in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Avax One Technology Ltd. scores 98/100 among other emerging companies.
Avax One Technology Ltd.'s operations used $14.4M of cash in fiscal year 2025, against $5.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Avax One Technology Ltd. scores 16/100 among other emerging companies.
Avax One Technology Ltd.'s cash, cash equivalents and investments came to $22.1M at the end of fiscal year 2025, against $8.0M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Avax One Technology Ltd. scores 81/100 among other emerging companies.
Avax One Technology Ltd. scores 1.01, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($25.1M) relative to total liabilities ($8.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Avax One Technology Ltd. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Avax One Technology Ltd. reported a net loss of $33.2M while operations used $14.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Avax One Technology Ltd. generated $2.8M in revenue in Q2 2026. This represents an increase of 523.2% from the same quarter a year earlier. Against the prior quarter it is up 12.2%.
Avax One Technology Ltd.'s EBITDA was -$33.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3058.2% from the same quarter a year earlier. Against the prior quarter it is up 25.3%.
Avax One Technology Ltd. reported -$35.1M in net income in Q2 2026. This represents a decrease of 335.8% from the same quarter a year earlier. Against the prior quarter it is up 24.3%.
Cash & Balance Sheet
Avax One Technology Ltd. recorded an outflow of $3.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is up 3.9%.
Avax One Technology Ltd. held $11.4M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Avax One Technology Ltd.'s ROE was -32.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 166.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Avax One Technology Ltd. spent $806K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 73.5%.
Avax One Technology Ltd. reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
AVX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M+523.2% | $2.5M+819.8% | $1.1M | $526K | $452K+994.0% | $273K | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | $265K | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | $79K | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | $233K+6404.3% | N/A | $54K+99.8% |
| SG&A Expenses | $2.2M+85.8% | $2.3M+68.5% | -$1.6M | $186K-32.9% | $1.2M+313.6% | $1.3M+355.6% | N/A | $277K+44.6% |
| Operating Income | -$33.4M-2315.5% | -$44.6M-2373.1% | -$15.9M | -$2.6M+52.4% | -$1.4M-18.3% | -$1.8M-33.8% | N/A | -$5.5M-236.2% |
| EBITDA | -$33.1M-3058.2% | -$44.3M-2773.7% | -$15.6M | -$2.3M+56.8% | -$1.0M-4.2% | -$1.5M-30.7% | N/A | -$5.3M-264.6% |
| Net Income | -$35.1M-335.8% | -$46.4M-31893.8% | -$16.6M | -$8.4M-42.8% | -$8.1M-90.5% | -$145K+95.6% | N/A | -$5.8M-67.4% |
| EPS (Basic) | -$4.41+98.7% | -$0.48+38.5% | $22.82-33.8% | -$5.55-9602.8% | -$335.88-404574.7% | -$0.78+97.0% | $34.48+103.5% | -$0.06+98.6% |
| EPS (Diluted) | -$4.41 | -$0.48 | $22.70 | -$5.55 | -$335.88 | -$10.57 | $40.22 | -$57.19 |
| Diluted Shares (Avg) | 7,958 | 97,525 | N/A | 2M | 24 | 643 | N/A | 102,240 |
Not reported in any period shown, so not listed: Interest Expense, Income Tax.
AVX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $123.2M+708.2% | $157.1M+833.7% | $195.0M+1711.3% | $16.5M+53.0% | $15.2M-2.7% | $16.8M+5.2% | $10.8M-38.0% | $10.8M-37.7% |
| Current Assets | $32.2M+2197.3% | $38.9M+1252.6% | $33.5M+2515.5% | $3.0M+53.5% | $1.4M-57.2% | $2.9M-13.0% | $1.3M-69.7% | $1.9M+67.5% |
| Cash & Equivalents | $11.4M+6034.5% | $16.5M+1118.2% | $22.1M+4418.6% | $895K-34.9% | $185K-93.7% | $1.4M-52.8% | $490K-87.4% | $1.4M+134.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | $6K-87.4% | $6K+29.0% | $42K | $6K-84.7% | $47K+23.6% |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $163 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.5M0.0% | $1.5M-16.1% | $1.5M+420.4% | $1.5M+388.4% | $1.5M | $1.8M | $295K | $314K |
| Total Liabilities | $14.9M+33.4% | $14.3M+37.3% | $8.0M+71.7% | $4.4M+5.7% | $11.2M+157.6% | $10.4M+47.8% | $4.7M-47.1% | $4.1M-58.7% |
| Current Liabilities | N/A | N/A | $8.0M+84.9% | $4.3M+36.6% | $11.1M+318.9% | $8.5M+110.2% | $4.3M-28.5% | $3.2M-53.9% |
| Non-Current Liabilities | N/A | N/A | -$2K-100.6% | $42K-95.7% | $115K-93.2% | $1.9M-35.9% | $332K-88.0% | $962K-69.2% |
| Long-Term Debt | N/A | N/A | N/A | $1.8M-16.3% | $8.6M+172.3% | $10.2M | $1.5M | $2.2M |
| Total Equity | $108.3M+2566.2% | $142.8M+2128.2% | $187.0M+2959.2% | $12.2M+82.2% | $4.1M-64.1% | $6.4M-28.3% | $6.1M-28.6% | $6.7M-9.3% |
| Retained Earnings | -$175.5M-154.4% | -$140.4M-130.4% | -$94.0M-54.6% | -$77.3M-33.5% | -$69.0M-32.5% | -$60.9M-27.4% | -$60.8M-36.6% | -$57.9M-42.9% |
AVX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.7M-321.0% | -$1.3M+37.9% | -$9.0M-389.2% | -$2.4M-98.0% | -$884K+3.8% | -$2.2M-66.0% | -$1.8M-72.6% | -$1.2M-9.4% |
| Depreciation & Amortization | $284K-15.0% | $253K-2.7% | $330K+110.4% | $311K+90.2% | $334K+105.0% | $260K+55.7% | $157K-6.2% | $164K-5.0% |
| Stock-Based Compensation | $303K+274.1% | $253K+99.2% | N/A | $1.1M+1690.8% | $81K+108.9% | $127K+895.3% | N/A | $64K-21.1% |
| Capital Expenditures | $0 | $2.5M | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | -$3.7M | -$3.9M | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0+100.0% | -$2.5M+46.5% | -$110.0M-7166.6% | $166K | -$918K | -$4.8M | -$1.5M | N/A |
| Financing Cash Flow | -$1.4M-325.0% | $3.7M-53.8% | $140.2M+6143.1% | $2.9M | $609K-43.7% | $7.9M+2718.8% | $2.2M-50.5% | $0-100.0% |
| Share Buybacks | $806K | $3.0M | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
AVX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | 28.9% | N/A | N/A |
| Operating Margin | -1185.0% | -1774.8% | -1456.0% | -496.6% | -305.8% | -660.1% | N/A | N/A |
| Net Margin | -1247.0% | -1847.5% | -1526.6% | -1588.0% | -1783.4% | -53.1% | N/A | N/A |
| Return on Equity | -32.4%+166.1pp | -32.5%-30.2pp | -8.9% | -68.7%+18.9pp | -198.5%-161.1pp | -2.3%+35.0pp | N/A | -87.7%-40.2pp |
| Return on Assets | -28.5%+24.4pp | -29.5%-28.7pp | -8.5% | -50.6%+3.6pp | -52.9%-25.9pp | -0.9%+20.0pp | N/A | -54.2%-34.0pp |
| Current Ratio | N/A | N/A | 4.19+3.9x | 0.69+0.1x | 0.13-1.1x | 0.34-0.5x | 0.30-0.4x | 0.62+0.4x |
| Debt-to-Equity | 0.14-2.0x | 0.10-1.5x | 0.04-0.2x | 0.15-0.2x | 2.11+1.8x | 1.59+0.8x | 0.24-0.8x | 0.33-1.0x |
| Asset Turnover | 0.020.0x | 0.020.0x | 0.01 | 0.03 | 0.030.0x | 0.02 | N/A | N/A |
| FCF Margin | -132.1% | -154.2% | N/A | N/A | N/A | N/A | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where Avax One Technology Ltd. Ranks
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.
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 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) recorded an outflow of $14.4M in operating cash flow during fiscal year 2025, representing cash used by 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 P/E ratio?
Avax One Technology Ltd. (AVX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $25.1M as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Avax One Technology Ltd.'s price-to-sales ratio?
Avax One Technology Ltd. (AVX) trades at 3.6x sales, its market capitalization divided by revenue of $6.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $25.1M as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Avax One Technology Ltd.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Avax One Technology Ltd. (AVX) held $22.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $14.4M over that year. Dividing the one by the other, the reported balance equals about 18 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Avax One Technology Ltd.'s Altman Z-Score?
Avax One Technology Ltd. (AVX) has an Altman Z-Score of 1.01, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Avax One Technology Ltd.'s Piotroski F-Score?
Avax One Technology Ltd. (AVX) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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) reported a net loss of $33.2M while operations used $14.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 42 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.