Limitless X (LIMX) 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 8, 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 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LIMX SEC filings page.
Limitless X (LIMX) reported $512K 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 7 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-scale collapse has left fixed overhead and external financing carrying a severely strained balance sheet.
By FY2025, gross margin had widened to75.3% from66.2% in FY2022, but revenue had fallen to$947K ; the higher margin therefore reflects a smaller revenue base, not operating leverage. Gross profit of$713K was less than selling, general and administrative expense of$1.56M , helping explain operating cash flow of-$1.61M .
The business is capital-light in reinvestment but not self-funding: FY2025 operating cash outflow was nearly matched by
The balance sheet shows severe short-term and structural pressure. FY2025 current assets of
Financial Health Signals
Limitless X does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Limitless X generated $42K in revenue in Q2 2026. This represents a decrease of 86.1% from the same quarter a year earlier. Against the prior quarter it is down 45.6%.
Limitless X's EBITDA was -$2.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 266.3% from the same quarter a year earlier. Against the prior quarter it is down 147.1%.
Limitless X reported -$2.9M in net income in Q2 2026. This represents an increase of 37.3% from the same quarter a year earlier.
Limitless X earned -$0.16 per diluted share (EPS) in Q2 2026. This represents an increase of 50.0% from the same quarter a year earlier. Against the prior quarter it is up 90.1%.
Cash & Balance Sheet
Limitless X recorded an outflow of $347K in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is up 53.8%.
Limitless X held $8K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Limitless X's gross margin was 71.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 26.1 percentage points.
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.
Not reported for Q2 2026.
Capital Allocation
Limitless X reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
LIMX 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 | $42K-86.1% | $78K-69.2% | $144K | $248K-59.2% | $303K-78.5% | $252K-75.4% | N/A | $607K-42.0% |
| Cost of Revenue | $12K-86.1% | $2K-98.4% | -$30K | $60K-61.3% | $87K-79.0% | $117K-51.5% | N/A | $154K-76.1% |
| Gross Profit | $30K-86.0% | $76K-43.8% | $174K | $188K-58.5% | $216K-78.3% | $135K-82.7% | N/A | $453K+19.9% |
| SG&A Expenses | $444K+36.3% | $382K+123.4% | $361K | $702K+1184.4% | $325K-6.5% | $171K-33.4% | N/A | $55K+71.3% |
| Operating Income | -$2.8M-266.4% | -$1.2M | N/A | N/A | -$777K-49.1% | N/A | N/A | -$502K+60.0% |
| EBITDA | -$2.8M-266.3% | -$1.2M | N/A | N/A | -$777K-49.4% | N/A | N/A | -$501K+60.0% |
| Interest Expense | $36K+99.1% | $120K-74.2% | $338K | $135K-30.4% | $18K-86.1% | $463K+359.0% | N/A | $194K-29.7% |
| Net Income | -$2.9M+37.3% | N/A | N/A | N/A | -$4.6M-604.1% | N/A | N/A | -$727K+57.4% |
| EPS (Basic) | -$0.16+50.0% | -$1.61+39.9% | -$0.20+9.1% | $1.45+952.9% | -$0.32-100.0% | -$2.68-1961.5% | -$0.22-257.1% | -$0.17+60.5% |
| EPS (Diluted) | -$0.16+50.0% | -$1.61+39.9% | -$0.20+9.1% | $0.47 | -$0.32 | -$2.68-1961.5% | -$0.22 | -$0.17+60.5% |
| Diluted Shares (Avg) | 19M+22.4% | 18M+38.9% | N/A | 51M | 15M | 13M+50.2% | N/A | 4M+5.3% |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
LIMX 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 | $1.7M+37.3% | $2.0M+867.1% | $184K+51.9% | $184K+58.9% | $1.3M+214.3% | $202K-43.6% | $121K-60.7% | $116K-97.7% |
| Current Assets | $556K-55.3% | $745K+291.8% | $172K+58.2% | $172K+121.6% | $1.2M+237.3% | $190K-41.1% | $109K-59.4% | $78K-98.5% |
| Cash & Equivalents | $8K-90.9% | $184K+365.5% | $7K-86.6% | $52K+112.6% | $85K+1399.3% | $39K+72.6% | $54K-53.9% | $24K-71.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $135K+43.4% | $143K+67.0% | $141K+663.3% | $88K+209.6% | $94K+185.7% | $85K+14.9% | $18K-15.7% | $28K-98.8% |
| Accounts Receivable | N/A | N/A | N/A | N/A | $106-100.0% | N/A | $25K-78.6% | $25K-88.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.9M-72.7% | $8.9M-77.1% | $6.2M-58.5% | $4.9M-64.8% | $40.1M+25.4% | $39.0M+24.7% | $14.9M-50.5% | $14.0M-60.7% |
| Current Liabilities | $7.1M+33.3% | $6.4M+51.6% | $4.5M-66.2% | $3.2M-74.1% | $5.3M-64.6% | $4.2M-70.6% | $13.2M+0.1% | $12.2M-52.1% |
| Non-Current Liabilities | $3.9M-88.9% | $2.5M-92.7% | $1.7M0.0% | $1.7M0.0% | $34.8M+105.0% | $34.8M+105.0% | $1.7M-89.7% | $1.7M-82.6% |
| Total Equity | -$9.2M+76.3% | -$7.0M+82.1% | -$6.0M+59.4% | -$4.7M+65.9% | -$38.8M-23.0% | -$38.8M-25.5% | -$14.8M+50.4% | -$13.9M+54.4% |
| Retained Earnings | -$116.7M-49.5% | -$113.8M-55.0% | -$85.0M-118.7% | -$81.1M-118.7% | -$78.1M-180.1% | -$73.5M-169.9% | -$38.8M-12.1% | -$37.1M-57.9% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
LIMX 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 | -$347K-110.3% | -$661K+13.0% | -$458K-390.9% | -$224K-94.3% | -$165K-123.5% | -$760K-20.1% | $157K-81.0% | -$115K+88.5% |
| Depreciation & Amortization | $1K+1562.5% | $1K+1462.5% | $80+2.6% | $80-92.8% | $80-92.8% | $80-92.8% | $78-93.0% | $1K-0.1% |
| Capital Expenditures | $0 | $89K | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | -$347K | -$750K | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | -$489K | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $171K-85.9% | $1.3M+77.9% | $414K+422.6% | -$809K-704.5% | $1.2M+2640.7% | $746K+38.2% | -$128K+84.0% | $134K-87.0% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
LIMX 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 | 71.5%+0.2pp | 97.6%+44.1pp | 121.0% | 75.9%+1.3pp | 71.3%+0.7pp | 53.5%-22.9pp | N/A | 74.6%+38.5pp |
| Operating Margin | -6748.2% | -1486.9% | N/A | N/A | -256.9% | N/A | N/A | -82.7% |
| Net Margin | -6834.6% | N/A | N/A | N/A | -1521.4% | N/A | N/A | -119.7% |
| Return on Assets | -167.5%+199.5pp | N/A | N/A | N/A | -367.0%-203.2pp | N/A | N/A | -627.4%-594.3pp |
| Current Ratio | 0.08-0.2x | 0.12+0.1x | 0.040.0x | 0.050.0x | 0.23+0.2x | 0.050.0x | 0.010.0x | 0.01-0.2x |
| Asset Turnover | 0.02-0.2x | 0.04-1.2x | 0.79 | 1.35-3.9x | 0.24-3.3x | 1.25-1.6x | N/A | 5.24+5.0x |
| FCF Margin | -821.4% | -966.8% | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
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: Gross Margin, 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 (0.04), 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 |
|---|---|---|---|---|---|---|
| Limitless X LIMX | FY2025 | $947K | N/A | N/A | $11.1M | — |
| Starco Brands Inc STCB | FY2025 | N/A | -$20.9M | N/A | $25.3M | — |
| Umeworld UMEWF | FY2025 | $2K | -$258K | N/A | $47.1M | — |
| Next Meats Hldgs Inc NXMH | FY2023 | $1.4M | -$4.8M | N/A | $38.8M | — |
Where Limitless X Ranks
Frequently Asked Questions
What is Limitless X's annual revenue?
Limitless X (LIMX) reported $947K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What is Limitless X's gross margin?
Limitless X (LIMX) had a gross margin of 75.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Limitless X's operating cash flow?
Limitless X (LIMX) recorded an outflow of $1.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Limitless X's total assets?
Limitless X (LIMX) had $184K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Limitless X's current ratio?
Limitless X (LIMX) had a current ratio of 0.04 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Limitless X's P/E ratio?
Limitless X (LIMX) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $11.1M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Limitless X's price-to-sales ratio?
Limitless X (LIMX) trades at 21.7x sales, its market capitalization divided by revenue of $512K revenue, trailing 12 months to June 30, 2026. The market capitalization is $11.1M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Limitless X's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Limitless X (LIMX) held $7K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.6M over that year. Dividing the one by the other, the reported balance equals about 0 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 Limitless X's debt-to-equity ratio negative or not reported?
Limitless X (LIMX) has negative shareholder equity of -$6.0M as of fiscal year 2025, 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.