---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-24-000006"
form_type: "8-K"
ticker: "AXIL"
cik: "0001718500"
company_name: "Axil Brands, Inc."
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T04:06:02.710257+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Reviv3 Procare Q2 FY2024 net sales up 25.1% to record $8.4M, net income up 40.1% to $1.02M

## Summary
- Net sales record $8.4M (Q2 Nov 30, 2023) vs $6.7M a year ago, up 25.1%.
- Net income increased 40.1% to $1.02M from $726,900; sixth consecutive profitable quarter.
- Gross margin 74.3% vs 74.9%; operating expenses 59.3% of sales vs 60.2%.
- Cash $5.96M (Nov 30, 2023) vs $4.83M (May 31, 2023).
- EPS basic $0.01, diluted $0.00; basic shares 117.1M.

## SEC filing metadata
- accession: 0001520138-24-000006
- form_type: 8-K
- ticker: AXIL
- cik: 0001718500
- company_name: Axil Brands, Inc.
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000006/0001520138-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000006/rviv-20240104_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-24-000006
- JSON: https://secwatch.observer/filing/0001520138-24-000006.json
- Plain text: https://secwatch.observer/filing/0001520138-24-000006.txt

## Key facts
- Earnings Releases
  Axil Brands, Inc. reported the second quarter ended November 30, 2023 results: revenue $8.4 million, net income $1,018,075.
  - Period: the second quarter ended November 30, 2023
  - Revenue: $8.4 million
  - Net income: $1,018,075
  - Result: reported results
  source text: 2 rviv-20240104_8kex99z1.htm EXHIBIT 99.1 REVIV3 Procare Company Reports Record Second Quarter Fiscal Year 2024 Financial Results Net Sales (revenue) increased 25.1% to a record $8.4 million for the second quarter ended November 30, 2023, as compared to the prior year period. Gross Profit (as a percentage of Net Sales) was 74.3% as compared to 74.9% for the prior
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000006/0001520138-24-000006-index.htm

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