How did AXIL's revenue and expenses trend in Q2 2025?
5/9/2025 03:40pm
AXIL Brands reported a revenue of $6.9 million for the third quarter of fiscal year 2025, which is an increase from the $6.5 million reported in the prior year period.
1. **Revenue Growth**: AXIL Brands saw a positive trend in revenue, with a reported revenue of $6.9 million in Q3 2025, up from $6.5 million in the corresponding period the previous year.
2. **Gross Profit Margin**: The company maintained a strong gross profit margin, with 71.7% of sales reported in Q3 2025, similar to the 71.5% reported in the prior year period.
3. **Operating Expenses**: AXIL Brands reduced its operating expenses as a percentage of sales, decreasing from 73.1% in the previous year to 63.3% in Q3 2025.
4. **Net Income**: The company reported a net income of $0.6 million in Q3 2025, an increase from the $0.8 million in the prior year period.
5. **Adjusted EBITDA**: AXIL Brands improved its Adjusted EBITDA, reporting $0.9 million in Q3 2025, a significant increase from the $11 thousand reported in the prior year period.
6. **Cash Flow**: The company showed positive cash flow, with $1.7 million in net cash provided by operating activities for the nine months ending February 28, 2025, up from $0.3 million in the prior year period.
In conclusion, AXIL Brands demonstrated strong revenue growth, improved gross profit margin, reduced operating expenses, and increased net income and Adjusted EBITDA in Q3 2025, indicating a robust financial performance.