Axil Brands Inc. Reports 17% Increase in Net Sales for First Quarter Fiscal 2026
For the three months ended August 31, 2025, Axil Brands Inc. reported sales, net, of $6.86 million, compared to $5.85 million for the same period in 2024. Gross profit was $4.63 million, up from $4.15 million in the prior year period. Cost of sales totaled $2.22 million, compared to $1.70 million last year. Total operating expenses for the period were $4.22 million, compared to $4.29 million in the prior year period. Operating expenses included sales and marketing of $2.79 million, compensation and related taxes of $0.20 million, professional and consulting expenses of $0.80 million, and general and administrative expenses of $0.43 million. Income from operations was $0.41 million, compared to a loss from operations of $0.14 million in the corresponding period of 2024. Other income for the quarter was $1,318, compared to $2,266 in the prior year period. Adjusted EBITDA as a percentage of net sales was 9.8% for the three months ended August 31, 2025, compared to 2.9% for the same period in 2024. As of August 31, 2025, cash was $4.09 million, accounts receivable, net, were $2.78 million, and inventory, net, was $3.89 million. Total current assets were $11.69 million at August 31, 2025, compared to $9.26 million at May 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axil Brands Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001520138-25-000300), on October 07, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.