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Stock impact report

AXIL Brands, Inc. Reports First Quarter Fiscal Year 2025 Financial Results

AXIL Brands, Inc. (AXIL) 
Company Research Source: GlobeNewswire
LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for the first quarter ended August 31, 2024. Highlights for the Quarter Ended August 31, 2024 Net Sales (revenue) of $5.85 million as compared to $6.1 million in the prior year period. Gross profit as a percentage of sales was 71% in the first quarter of fiscal 2025, as compared to 76.1% for the prior year period.Operating expenses as a percentage of sales were 73.4% in the first quarter of fiscal 2025, compared to 73.3% for the prior year period.Net Cash provided by operating activities was $897,318 as compared to $397,172 in the prior year period.Net increase in cash was $894,848 as compared to $229,041 in the prior year Show less Read more
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