earnings
confidence high
sentiment negative
materiality 0.55
AXIL Q1 net loss $109,805 vs prior year net income; revenue $5.85M, slightly down
Axil Brands, Inc.
2024-Q1 EPS reported
-$0.02
revenue$5,851,272
- Net sales $5.85M vs $6.1M a year ago; gross margin fell to 71% from 76.1%.
- Net loss of $109,805 vs net income of $154,452 in prior year period.
- Operating expenses as % of sales flat at 73.4% vs 73.3%; professional & consulting jumped to $947,849 from $426,775.
- Cash from ops improved to $897,318 from $397,172; total cash $4.15M.
- Weighted diluted shares fell to 6.17M from 18.62M (prior year includes preferred stock effect).