KARBON-X CORP (KARX) 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 Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KARX SEC filings page.
KARBON-X CORP (KARX) reported $55.9M in revenue for fiscal year 2026, up 1665.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Revenue has expanded sharply, but collapsing gross margin and recurring cash losses leave the business reliant on external financing.
Revenue rose from$3.2M in FY2025 to$55.9M in FY2026, but the growth came with a weaker cost structure. Gross margin fell from25.3% to1.5% , indicating that added sales were largely absorbed by direct costs rather than converted into cash generation.
By FY2026, liabilities exceeded assets:
Operating cash flow and free cash flow were both approximately
Financial Health Signals
KARBON-X CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
KARBON-X CORP scores -1.44, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($20.3M) relative to total liabilities ($15.6M). 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.
KARBON-X CORP passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
KARBON-X CORP reported a net loss of $13.6M while operations used $7.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
KARBON-X CORP reported an operating loss of $11.1M against $3.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
KARBON-X CORP earned -$0.05 per diluted share (EPS) in Q4 2026. This represents a decrease of 66.7% from the same quarter a year earlier. Against the prior quarter it is up 16.7%.
Not reported for Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Cash & Balance Sheet
KARBON-X CORP recorded an outflow of $3.1M in free cash flow in Q4 2026, representing a cash shortfall after capex. This represents a decrease of 57.0% from the same quarter a year earlier.
KARBON-X CORP held $1.2M in cash against $4.9M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
KARBON-X CORP invested $396 in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 84.4% from the same quarter a year earlier.
Not reported for Q4 2026.
Not reported for Q4 2026.
KARX 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $4.3M+1691.2% | $20.8M+1674.2% | $35.7M+27883.4% | $1.6M+1198.3% | $239K-3.5% | $1.2M+3156.6% | $127K+3290.9% |
| Cost of Revenue | N/A | $5.8M+5822.8% | $18.8M+2825.0% | $35.4M+37483.2% | $1.5M+1191.7% | $98K-56.3% | $644K+4619.0% | $94K+17039.9% |
| Gross Profit | N/A | -$1.5M-1182.6% | $2.0M+277.5% | $294K+781.7% | $97K+1310.6% | $141K+499.5% | $531K+2266.6% | $33K+938.7% |
| Operating Income | N/A | -$4.4M-159.4% | -$869K+27.9% | -$2.4M-198.5% | -$3.0M-453.4% | -$1.7M-352.6% | -$1.2M-329.0% | -$792K-145.9% |
| EBITDA | N/A | -$4.3M-156.6% | -$833K | -$2.3M-193.2% | N/A | -$1.7M-352.5% | N/A | -$792K-146.1% |
| Interest Expense | N/A | -$1.1M-10588.6% | -$620K-66903.4% | -$306K-2367.3% | $341K | $10K | $928-69.7% | -$12K |
| Income Tax | N/A | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | N/A | -$5.2M-345.5% | -$1.4M-24.6% | -$2.6M-222.6% | -$3.9M-575.4% | -$1.2M-146.5% | -$1.2M+13.5% | -$805K-129.9% |
| EPS (Basic) | N/A | N/A | N/A | N/A | N/A | -$0.02-100.0% | -$0.020.0% | N/A |
| EPS (Diluted) | -$0.05-66.7% | -$0.06-200.0% | -$0.02 | -$0.03-200.0% | -$0.03 | -$0.02 | -$0.01 | -$0.01 |
| Diluted Shares (Avg) | N/A | 88M+11.1% | 87M | 82M+1.0% | N/A | 79M+2.0% | 82M+5.4% | 82M |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
KARX 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.6M+41.9% | $20.4M+179.1% | $18.4M+190.9% | $7.4M+126.3% | $6.8M+70.8% | $7.3M+521.0% | $6.3M+318.3% | $3.3M-22.9% |
| Current Assets | $6.1M+4.8% | $17.9M+183.3% | $17.5M+202.0% | $6.5M+174.0% | $5.8M+85.8% | $6.3M+1662.4% | $5.8M+691.0% | $2.4M+125.0% |
| Cash & Equivalents | $1.2M+64.0% | $4.1M+335.6% | $6.5M+346.6% | $1.4M-40.9% | $704K-73.7% | $931K+338.8% | $1.5M+156.9% | $2.3M+135.9% |
| Short-Term Investments | $0 | $0-100.0% | $0 | $0 | $0 | $3.7M | $0 | $0 |
| Inventory | $650K+552.3% | $1.6M+1610.8% | $1.5M+1926.1% | $847K+133.4% | $100K-68.5% | $94K-58.0% | $74K-59.9% | $363K |
| Accounts Receivable | $634K+35494.3% | $4.8M+101927.2% | $5.2M | $8K-85.9% | $2K-98.5% | $5K-81.2% | $0-100.0% | $57K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $15.6M+91.5% | $27.3M+337.2% | $20.8M+414.0% | $8.8M+6221.8% | $8.1M+613.4% | $6.2M+1441.7% | $4.0M+1155.9% | $139K-56.8% |
| Current Liabilities | $10.1M+31.4% | $21.8M+276.7% | $15.3M+279.4% | $8.4M+5913.5% | $7.7M+815.6% | $5.8M+1472.7% | $4.0M+1347.2% | $139K-48.9% |
| Non-Current Liabilities | $5.5M+1095.0% | $5.5M+1083.5% | $5.5M+33450.0% | $429K | $460K+52.1% | $468K+1140.2% | $16K-62.4% | $0-100.0% |
| Long-Term Debt | $4.9M | $4.9M | $4.9M | N/A | $0 | $0 | N/A | N/A |
| Total Equity | -$6.0M-337.1% | -$6.9M-747.9% | -$2.4M-203.4% | -$1.3M-142.7% | -$1.4M-148.4% | $1.1M+37.9% | $2.3M+92.0% | $3.1M-20.1% |
| Retained Earnings | -$25.6M-113.3% | -$21.2M-146.9% | -$16.0M-132.3% | -$14.6M-154.0% | -$12.0M-142.9% | -$8.6M-97.2% | -$6.9M-77.7% | -$5.7M-125.9% |
Not reported in any period shown, so not listed: Goodwill.
KARX 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.1M-57.2% | -$1.2M-5.7% | -$837K+56.1% | -$2.7M-83.5% | -$2.0M-3238.7% | -$1.1M-143.5% | -$1.9M-384.5% | -$1.5M-709.9% |
| Depreciation & Amortization | $70K+5255.0% | $48K+7057.0% | $36K | $43K+7897.6% | $1K+19.7% | $676 | N/A | $542-2.5% |
| Stock-Based Compensation | N/A | N/A | N/A | $187K | N/A | $91K | $290K | $0 |
| Capital Expenditures | -$396-84.4% | N/A | N/A | N/A | $3K-99.7% | $0-100.0% | N/A | N/A |
| Free Cash Flow | -$3.1M-57.0% | N/A | N/A | N/A | -$2.0M-154.7% | -$1.1M-131.1% | N/A | N/A |
| Investing Cash Flow | -$120K-4612.2% | -$1.7M | $0 | -$605K | -$3K+96.6% | $0+100.0% | $0+100.0% | $0+100.0% |
| Financing Cash Flow | $244K-85.2% | $468K-30.8% | $6.0M+406.4% | $3.8M+259.0% | $1.6M-35.7% | $677K+357.8% | $1.2M+1084.8% | $1.1M-32.1% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
KARX 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | -35.6%-94.6pp | 9.6%-35.6pp | 0.8%-25.3pp | 6.0%+0.5pp | 59.0%+49.5pp | 45.2%-17.0pp | 26.2%-59.2pp |
| Operating Margin | N/A | -102.0% | -4.2% | -6.6% | -183.0% | -704.8% | -102.6% | -621.8% |
| Net Margin | N/A | -121.1% | -6.9%+91.9pp | -7.3% | -241.9% | -487.0% | -98.9% | -631.5% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | -109.1%-48.0pp | -50.7%+61.8pp | -25.6%-16.7pp |
| Return on Assets | N/A | -25.4%-9.5pp | -7.8%+10.5pp | -34.9%-10.4pp | -57.9%-43.3pp | -15.9%+24.1pp | -18.3%+70.2pp | -24.5%-16.3pp |
| Current Ratio | 0.60-0.2x | 0.82-0.3x | 1.15-0.3x | 0.78-16.3x | 0.75-3.0x | 1.09+0.1x | 1.44-1.2x | 17.10+13.2x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | 0.00-0.5x | 1.77+1.5x | 0.040.0x |
| Asset Turnover | N/A | 0.21+0.2x | 1.13+0.9x | 4.79+4.8x | 0.24+0.2x | 0.03-0.2x | 0.19+0.2x | 0.040.0x |
| FCF Margin | N/A | N/A | N/A | N/A | -123.6% | -474.4% | 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.
Note: Shareholder equity is negative (-$6.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.60), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| KARBON-X CORP KARX | FY2026 | $55.9M | -$13.6M | -24.3% | $20.3M | — |
| NORDICUS PARTNERS CORP NORD | FY2026 | N/A | -$4.0M | N/A | $78.6M | — |
| GLOBAL AI INC GLAI | FY2025 | $144K | -$2.4M | N/A | $142.7M | — |
| CROWN EQUITY HLDGS INC CRWE | FY2025 | $777 | N/A | N/A | $10.1M | — |
Where KARBON-X CORP Ranks
Frequently Asked Questions
What is KARBON-X CORP's annual revenue?
KARBON-X CORP (KARX) reported $55.9M in total revenue for fiscal year 2026. This represents a 1665.6% 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 KARBON-X CORP's revenue growing?
KARBON-X CORP (KARX) revenue grew by 1665.6% year-over-year, from $3.2M to $55.9M in fiscal year 2026.
Is KARBON-X CORP profitable?
No, KARBON-X CORP (KARX) reported a net income of -$13.6M in fiscal year 2026, with a net profit margin of -24.3%.
What is KARBON-X CORP's EBITDA?
KARBON-X CORP (KARX) had EBITDA of -$10.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does KARBON-X CORP have?
As of fiscal year 2026, KARBON-X CORP (KARX) had $1.2M in cash and equivalents against $4.9M in long-term debt.
What is KARBON-X CORP's gross margin?
KARBON-X CORP (KARX) had a gross margin of 1.5% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is KARBON-X CORP's operating margin?
KARBON-X CORP (KARX) had an operating margin of -19.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is KARBON-X CORP's net profit margin?
KARBON-X CORP (KARX) had a net profit margin of -24.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is KARBON-X CORP's free cash flow?
KARBON-X CORP (KARX) recorded an outflow of $7.9M in free cash flow during fiscal year 2026. This represents a -21.0% 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 KARBON-X CORP's operating cash flow?
KARBON-X CORP (KARX) recorded an outflow of $7.9M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are KARBON-X CORP's total assets?
KARBON-X CORP (KARX) had $9.6M in total assets as of fiscal year 2026, including both current and long-term assets.
What are KARBON-X CORP's capital expenditures?
KARBON-X CORP (KARX) invested $4K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is KARBON-X CORP's current ratio?
KARBON-X CORP (KARX) had a current ratio of 0.60 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is KARBON-X CORP's return on assets (ROA)?
KARBON-X CORP (KARX) had a return on assets of -141.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is KARBON-X CORP's P/E ratio?
KARBON-X CORP (KARX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $20.3M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is KARBON-X CORP's price-to-sales ratio?
KARBON-X CORP (KARX) trades at 0.4x sales, its market capitalization divided by revenue of $55.9M revenue, FY2026. The market capitalization is $20.3M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does KARBON-X CORP's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, KARBON-X CORP (KARX) held $1.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $7.9M over that year. Dividing the one by the other, the reported balance equals about 2 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.
Why is KARBON-X CORP's debt-to-equity ratio negative or not reported?
KARBON-X CORP (KARX) has negative shareholder equity of -$6.0M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is KARBON-X CORP's Altman Z-Score?
KARBON-X CORP (KARX) has an Altman Z-Score of -1.44, 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 KARBON-X CORP's Piotroski F-Score?
KARBON-X CORP (KARX) has a Piotroski F-Score of 2 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 KARBON-X CORP's earnings high quality?
KARBON-X CORP (KARX) reported a net loss of $13.6M while operations used $7.9M 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.
Can KARBON-X CORP cover its interest payments?
KARBON-X CORP (KARX) reported an operating loss of $11.1M against $3.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.