AXIL Brands, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results
AXIL Brands, Inc. (AXIL)
Company Research
Source: GlobeNewswire
LOS ANGELES, April 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 third quarter ended February 29, 2024. Highlights for the Quarter Ended February 29, 2024 Net Sales (revenue) increased 14.4% to approximately $6.47 million in the third quarter, as compared to the prior year period.Gross profit as a percentage of sales was 71.5% in the third quarter, as compared to 74.6% for the prior year period.Operating expenses as a percentage of net revenue were 73.1% in the third quarter, compared to 70.7% for the prior year period.Loss before provision for income taxes was $46,345 and benefit provision from income taxes was $827,436 in the third quarter.Reported third quarter net income of $781,091 or $0.04 on a fully diluted
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News
- AXIL Signs Agreement with Kinsey’s for Distribution of Hearing Protection and Enhancement ProductsGlobeNewswire
- AXIL Signs Agreement with Beretta Hellas LTD to Distribute AXIL Hearing Protection and Enhancement Products in GreeceGlobeNewswire
- AXIL Brands, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- AXIL Announces Dealer Agreement with Racing Electronics for NASCAR-Branded AXIL Hearing Protection Products at the 2024 DAYTONA 500®GlobeNewswire
AXIL
Sec Filings
- 5/7/24 - Form 8-K
- 5/3/24 - Form 8-K
- 4/24/24 - Form SC
- AXIL's page on the SEC website