XMax Inc.XWINEarnings & Financial Report
XMax Inc. is a global tech firm focused on Web3 gaming infrastructure and interactive entertainment solutions. It builds custom game development toolkits, decentralized asset systems and cross-platform gaming products for developers and consumers in North America, APAC and Europe.
Revenue
$2.6M
Gross Profit
$1.2M
Operating Profit
$-2.4M
Net Profit
$-2.5M
Gross Margin
45.1%
Operating Margin
-92.0%
Net Margin
-94.3%
YoY Growth
5.6%
EPS
$-0.72
XMax Inc. Q3 FY2024 Financial Summary
XMax Inc. reported revenue of $2.6M (up 5.6% YoY) for Q3 FY2024, with a net profit of $-2.5M (down 91.4% YoY) (-94.3% margin). Cost of goods sold was $1.4M, operating expenses totaled $3.6M.
Key Financial Metrics
| Total Revenue | $2.6M |
|---|---|
| Net Profit | $-2.5M |
| Gross Margin | 45.1% |
| Operating Margin | -92.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
XMax Inc. Q3 FY2024 revenue of $2.6M breaks down across 2 segments, led by North America at $2.6M (97.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| North America | $2.6M | 97.5% |
| Other | $64.2K | 2.5% |
XMax Inc. Revenue by Segment — Quarterly Trend
XMax Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as North America and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| North America | $1.7M | — | $2.6M | $2.6M |
| Other | $50.4K | $1.8M | — | — |
XMax Inc. Annual Revenue by Year
XMax Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $16.7M |
| 2024 | $9.7M |
| 2023 | $11.1M |
| 2022 | $12.7M |
XMax Inc. Quarterly Revenue & Net Profit History
XMax Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.8M | -11.8% | N/A | N/A |
| Q3 FY2025 | $9.8M | +273.2% | $-1.1M | -11.5% |
| Q2 FY2025 | $2.6M | -4.9% | $-289.9K | -11.3% |
| Q1 FY2025 | $2.6M | +10.9% | $-338.9K | -12.9% |
| Q4 FY2024 | $2.0M | -11.8% | N/A | N/A |
| Q3 FY2024 | $2.6M | +5.6% | $-2.5M | -94.3% |
| Q2 FY2024 | $2.7M | -39.8% | $-563.5K | -21.0% |
| Q1 FY2024 | $2.4M | +26.8% | $-1.5M | -61.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $2.7M | $2.6M | $2.0M | $2.6M | $2.6M | $9.8M | $1.8M |
| YoY Growth | 26.8% | -39.8% | 5.6% | -11.8% | 10.9% | -4.9% | 273.2% | -11.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.2M | $5.8M | $5.1M | $9.9M | $11.9M | $11.6M | $18.3M | $35.5M |
| Liabilities | $6.2M | $5.8M | $6.0M | $6.8M | $5.2M | $5.1M | $4.7M | $7.6M |
| Equity | $-42742 | $48208 | $-895909 | $3.1M | $6.8M | $6.5M | $13.6M | $28.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-221702 | $-468713 | $-437915 | $-263449 | $-322617 | $92513 | $-1.9M | $1.7M |