---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-23-000020"
form_type: "8-K"
ticker: "AXIL"
cik: "0001718500"
company_name: "Axil Brands, Inc."
filed_at: "2023-01-10T23:59:59+00:00"
generated_at: "2026-06-20T17:10:44.524126+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Reviv3 Procare reports record Q2 FY2023 revenue of $6.7M, up 1,264% YoY

## Summary
- Q2 FY2023 revenue $6,731,999 vs $493,816 prior year, a 1,264% increase driven by hearing product acquisition.
- Gross profit rose to $5,039,034 (75% margin) from $381,016 (77% margin) in prior year quarter.
- Net income before income tax was $987,944 compared to $28,201 in Q2 FY2022; second consecutive profitable quarter.
- Six-month net cash from operations was $2,196,195 vs $28,060 used in prior comparable period.
- Company moved headquarters to 901 Fremont Ave, Alhambra, CA; telephone unchanged.

## SEC filing metadata
- accession: 0001520138-23-000020
- form_type: 8-K
- ticker: AXIL
- cik: 0001718500
- company_name: Axil Brands, Inc.
- filed_at: 2023-01-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718500/000152013823000020/0001520138-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718500/000152013823000020/rviv-20230110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-23-000020
- JSON: https://secwatch.observer/filing/0001520138-23-000020.json
- Plain text: https://secwatch.observer/filing/0001520138-23-000020.txt

## Key facts
- Earnings Releases
  Axil Brands, Inc. reported second fiscal quarter ended November 30, 2022 results: revenue $6.7 million, net income $987,944.
  - Period: second fiscal quarter ended November 30, 2022
  - Revenue: $6.7 million
  - Net income: $987,944
  - Result: reported results
  source text: Reviv3 Procare Delivers Record Second Quarter Fiscal 2023 Revenue and Earnings · Record second quarter 2023 revenues of $6.7 million, up 1,264% year-over-year. · Gross profit increased to $5.0 million compared to $0.4 million for the prior year quarter. · Net cash generated from operating activities of $2.2 million with a net increase in cash of over $3.6 million for the first six months of 2023. · Net income before provisions for income tax of $987,944 compared to $28,201 in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718500/000152013823000020/0001520138-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.