Axonex AI Group Limited Class A Ordinary Shares (AXNX)
Axonex AI Group Limited is a holding company, which engages in the provision of interior design and fit works. It offers design services including layout plans and sketches presented in the form of 3D technical drawing and design, and fit out services. It operates through the Design and Fit Out Services, and Design Only Services segments. The Design and Fit Out Services segment refers to the overall project management, coordination and quality control, and supervise fit out works. The Design Only Services segment develops and creates tailor-made interior design proposals. The company was founded by Hoi Lung Chan and Cheong Shing Ku in 2018 and is headquartered in Hong Kong.
Industry: Specialty Business Services
Axonex AI Group Limited
NASDAQ:AXNXIndustrials · Engineering & Construction
-24.75%$0.7600
AH Close$0.7880+3.68%vs close
AH Close$0.7880+3.68%vs close
Mkt Cap$4.62M
Float1.69M
O/S6.08M
Inst Own-
SI16.4%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$294K
Net Income-$1.32M
Total Assets$686K
Free Cash Flow-$136K
Debt & Equity
Debt 25%
Equity 75%
Total Debt$138K
Total Equity$419K
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
2-year cumulative
1:25
Nasdaq bars a compliance period at 1:250
- 1:2.5Reverse splitOct 22, 20262.5 shares → 1
- 1:10Reverse splitOct 7, 202610 shares → 1
Balance Sheet Details
Assets$686K
Liabilities$267K
Accounts Receivable$75K
Accounts Payable$64K
Inventory$0
PP&E (Net)$45K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
| Revenue | $294K | $3.27M | $4.38M | $2.67M | $2.12M |
| YoY Growth | -91.0% | -25.5% | 63.9% | 26.2% | - |
| Cost of Revenue | $293K | $2.54M | $2.82M | $1.41M | $1.5M |
| Gross Profit | $82 | $726K | $1.56M | $1.26M | $619K |
| Gross Margin | 0.0% | 22.2% | 35.6% | 47.3% | 29.2% |
| Research and Development | $17K | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.29M | $2.35M | $671K | $339K | $317K |
| Other | $0 | $0 | $0 | $0 | $39K |
| Total Operating Expenses | $1.31M | $2.35M | $671K | $339K | $356K |
| Operating Income (EBIT) | -$1.31M | -$1.63M | $891K | $118K | $263K |
| Operating Margin | -444.7% | -49.8% | 20.3% | 4.4% | 12.4% |
| Interest Expense | $4K | $34K | $0 | $0 | $348 |
| Interest Income | $6K | $25K | $110 | $38 | $0 |
| Other Income (Expense) | -$16K | -$8K | $22K | $25K | $2K |
| Income Before Tax (EBT) | -$1.32M | -$1.64M | $912K | $950K | $265K |
| Income Tax Expense | $631 | -$175K | $129K | $130K | $8K |
| Net Income | -$1.32M | -$1.46M | $783K | $819K | $257K |
| Net Income Margin | -450.3% | -44.7% | 17.9% | 30.7% | 12.1% |
| Supplementary Data | |||||
| EPS | -0.53 | -0.64 | 0.34 | 0.36 | 0.11 |
| Diluted EPS | -0.53 | -0.64 | 0.34 | 0.36 | 0.11 |
| Weighted Average OS | 2.48M | 2.27M | 2.27M | 2.27M | 2.27M |
| EBITDA | -$1.27M | -$1.54M | $935K | $124K | $317K |
| EBITDA Margin | -433.9% | -47.1% | 21.3% | 4.6% | 15.0% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $123K | $4.52M | $317K | $293K | $93K |
| Short-Term Investments | $0 | $0 | $19K | $0 | $0 |
| Cash and Short-Term Investments | $123K | $4.52M | $336K | $293K | $93K |
| Accounts Receivable | $75K | $1.57M | $1.23M | $626K | $287K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $39K | $176K | $494K | $64 | $128 |
| Total Current Assets | $279K | $6.93M | $2.06M | $953K | $414K |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $45K | $189K | $51K | $5K | $2K |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $319K | $0 | $0 | $510 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $43K | $455K | $0 | -$509 | $0 |
| Total Long-Term Assets | $406K | $645K | $51K | $5K | $2K |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $686K | $7.58M | $2.11M | $958K | $417K |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $64K | $346K | $363K | $60K | $31K |
| Short-Term Debt | $28K | $104K | $5K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $243K | $138K | $13K |
| Current Unearned Revenue | $5K | $4K | $20K | $29K | $0 |
| Other Current Liabilities | $44K | $0 | $242K | $0 | $0 |
| Total Current Liabilities | $157K | $722K | $914K | $549K | $278K |
| Long-Term Liabilities | |||||
| Long-Term Debt | $108K | $963K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $109K | $1.05M | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $267K | $1.78M | $914K | $549K | $278K |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $510 | $4K | $4K | $4K | $4K |
| Retained Earnings | -$1.35M | -$269K | $1.19M | $409K | $137K |
| Comprehensive Income & Other | -$2K | $5K | $463 | -$91 | -$105 |
| Other Stockholders' Equity | $1.77M | $6.06M | $2K | -$3K | -$3K |
| Total Equity | $419K | $5.8M | $1.2M | $409K | $139K |
| Minority Interest | -$68 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $686K | $7.58M | $2.11M | $958K | $417K |
| Supplementary Data | |||||
| Total Debt | $138K | $1.25M | $42K | $0 | $0 |
| Net Debt | $15K | -$3.27M | -$275K | -$293K | -$93K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
| Operating Activities | |||||
| Net Income | -$1.32M | -$1.46M | $783K | $819K | $257K |
| Depreciation & Amortization | $32K | $63K | $45K | $2K | $51K |
| Deferred Income Tax | -$2K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $90K | -$235K | -$606K | -$298K | -$268K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $20K | -$20K | $303K | $29K | -$5K |
| Other Working Capital | $37K | -$1.64M | $226K | $21K | -$220K |
| Total Working Capital Change | $148K | -$1.9M | -$78K | -$104K | -$493K |
| Other Non-Cash Items | $1.03M | $35K | $6K | $5K | $1K |
| Net Cash from Operating | -$110K | -$3.26M | $756K | $723K | -$184K |
| Investing Activities | |||||
| Capital Expenditures | -$26K | -$7K | -$8K | -$5K | -$2K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$320K | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $16K | -$128K | $0 | $0 | $0 |
| Net Cash from Investing | -$330K | -$136K | -$8K | -$5K | -$2K |
| Financing Activities | |||||
| Debt Repaid | $13K | -$1.06M | - | - | - |
| Common Stock Issuance | $0 | $6.05M | $4K | $0 | $1K |
| Common Stock Repurchases | $0 | -$5K | -$250K | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | -$548K | $0 |
| Other Financing Activities | $0 | $480K | -$478K | $32K | $44K |
| Net Cash from Financing | -$13K | $7.59M | -$725K | -$517K | $45K |
| Forex Effect | -$5K | $9K | $956 | -$424 | -$2K |
| Net Change in Cash | -$458K | $4.2M | $24K | $200K | -$142K |
| Supplementary Data | |||||
| Operating Cash Flow | -$110K | -$3.26M | $756K | $92K | -$184K |
| Capital Expenditure | -$26K | -$7K | -$8K | -$652 | -$2K |
| Free Cash Flow | -$136K | -$3.27M | $748K | $92K | -$186K |
| Cash at Beginning | $581K | $317K | $293K | $93K | $235K |
| Cash at End | $123K | $4.52M | $317K | $293K | $93K |