secwatch.observer — SEC 8-K summary
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Issuer:     Axil Brands, Inc. (AXIL)
CIK:        0001718500
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001520138-23-000444
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reviv3 Procare Q1 net sales up 44.1% to $6.1M, net income down 12%
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- Net sales for quarter ended Aug 31, 2023: $6.1M vs $4.2M prior year (+44.1%).
- Net income $154K vs $175.5K prior year; EPS $0.00 basic and diluted.
- Gross margin 76.1% vs 77.5%; operating expenses 73.3% of sales vs 72.8%.
- Cash balance $5.06M at quarter end, up from $4.83M; expanding global retail presence.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718500/000152013823000444/0001520138-23-000444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718500/000152013823000444/rviv-20231013_8k.htm
  HTML page:      https://secwatch.observer/filing/0001520138-23-000444

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