secwatch.observer — SEC 8-K summary
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Issuer:     Axil Brands, Inc. (AXIL)
CIK:        0001718500
Form:       8-K
Filed at:   2022-08-25T23:59:59+00:00
Accession:  0001520138-22-000374
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reviv3 reports FY2022 revenue up 43% to $2.3M; expects Q1 FY2023 revenue over $3.4M
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- Revenue $2,336,257, up 43% from $1,633,609 in prior year.
- Gross profit $1,507,671 (64.5% margin); net loss improved to $182,903 from $297,755.
- Q1 FY2023 revenue expected to exceed $3.4M, driven by AXIL asset acquisition closed June 2022.
- AXIL had revenues over $13M in FY2021 and over $9M in FY2020 per prior SEC filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718500/000152013822000374/0001520138-22-000374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718500/000152013822000374/rviv-20220825_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-22-000374

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer