Avax One Technology Ltd.
AVX Nasdaq Finance Services Financials FY2020โFY2025
Last close ยท Oct 23, 2026
$4.17
4.8%
Revenue
Total sales reported in the income statement.
$2.3M
8,700.0%
vs prior year
Operating margin
Operating income as a share of revenue.
โ925.5%
37,033.1ย pts
Net income
Profit after all expenses, interest and tax.
โ$33.2M
Free cash flow
Cash from operations minus capital spending.
โ
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
$0.0M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
0.0x
On $339.41 EPS (TTM)
What Avax One Technology Ltd. does
No business description yet.
- Legal name
- AVAX ONE TECHNOLOGY LTD.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K ยท Mar 31, 2026
- Accession ยท CIK
- 0001493152-26-014138
0001826397
Revenue and margins
Avax One Technology Ltd. had $2.3M of revenue in fiscal 2025, up 8,700.0% on the year before.
FY20
Revenue โ
FY21
Revenue โ
FY22
Revenue โ
FY23
Revenue $0.0M
FY24
Revenue $0.0M
FY25
Revenue $2.3M
Q3 '23
Revenue โ
Q4 '23
Revenue โ
Q1 '24
Revenue โ
Q2 '24
Revenue $0.0M
Q3 '24
Revenue $0.0M
Q4 '24
Revenue โ$0.0M
Q1 '25
Revenue $0.3M
Q2 '25
Revenue $0.5M
Q3 '25
Revenue $0.5M
Q4 '25
Revenue $1.1M
Q1 '26
Revenue $2.5M
Q2 '26
Revenue $2.8M
FY20
Gross โ
Operating โ
Net โ
FCF โ
FY21
Gross โ
Operating โ
Net โ
FCF โ
FY22
Gross โ
Operating โ
Net โ
FCF โ
FY23
Gross 16.6%
Operating โ68,422.7%
Net โ71,982.8%
FCF โ
FY24
Gross โ79.7%
Operating โ37,958.6%
Net โ61,183.5%
FCF โ
FY25
Gross โ
Operating โ925.5%
Net โ1,418.1%
FCF โ
Gross
Operating
Net
FCF
Q3 '23
Gross โ
Operating โ
Net โ
FCF โ
Q4 '23
Gross โ
Operating โ
Net โ
FCF โ
Q1 '24
Gross โ
Operating โ
Net โ
FCF โ
Q2 '24
Gross 18.4%
Operating โ2,828.8%
Net โ10,247.2%
FCF โ
Q3 '24
Gross โ
Operating โ
Net โ
FCF โ
Q4 '24
Gross 193.2%
Operating 14,398.6%
Net 19,508.2%
FCF โ
Q1 '25
Gross 28.9%
Operating โ660.1%
Net โ53.1%
FCF โ
Q2 '25
Gross โ
Operating โ305.8%
Net โ1,783.4%
FCF โ
Q3 '25
Gross โ
Operating โ496.6%
Net โ1,588.0%
FCF โ
Q4 '25
Gross โ
Operating โ1,441.4%
Net โ1,526.9%
FCF โ
Q1 '26
Gross โ
Operating โ1,774.8%
Net โ1,847.5%
FCF โ154.2%
Q2 '26
Gross โ
Operating โ1,185.0%
Net โ1,247.0%
FCF โ132.1%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY20
Net income โ$3.2M
FY21
Net income โ$6.6M
FY22
Net income โ$12.9M
FY23
Net income โ$11.7M
FY24
Net income โ$16.3M
FY25
Net income โ$33.2M
Q3 '23
Net income โ$3.5M
Q4 '23
Net income โ$4.0M
Q1 '24
Net income โ$3.3M
Q2 '24
Net income โ$4.2M
Q3 '24
Net income โ$5.8M
Q4 '24
Net income โ$2.9M
Q1 '25
Net income โ$0.1M
Q2 '25
Net income โ$8.1M
Q3 '25
Net income โ$8.4M
Q4 '25
Net income โ$16.6M
Q1 '26
Net income โ$46.4M
Q2 '26
Net income โ$35.1M
FY20
Diluted EPS โ$0.53
FY21
Diluted EPS โ$0.66
FY22
Diluted EPS โ$35.60
FY23
Diluted EPS โ$1,011.05
FY24
Diluted EPS โ$199.51
FY25
Diluted EPS โ$2.15
Q3 '23
Diluted EPS โ$4.03
Q4 '23
Diluted EPS โ$998.34
Q1 '24
Diluted EPS โ$26.32
Q2 '24
Diluted EPS โ$83.03
Q3 '24
Diluted EPS โ$57.19
Q4 '24
Diluted EPS โ$32.97
Q1 '25
Diluted EPS โ$10.57
Q2 '25
Diluted EPS โ$335.88
Q3 '25
Diluted EPS โ$5.55
Q4 '25
Diluted EPS $349.85
Q1 '26
Diluted EPS โ$0.48
Q2 '26
Diluted EPS โ$4.41
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY20
Return on capital โ
Return on equity โ229.5%
Return on assets โ95.7%
FY21
Return on capital โ
Return on equity โ141.3%
Return on assets โ87.8%
FY22
Return on capital โ55.8%
Return on equity โ138.8%
Return on assets โ76.6%
FY23
Return on capital โ54.5%
Return on equity โ122.8%
Return on assets โ59.8%
FY24
Return on capital โ112.2%
Return on equity โ221.8%
Return on assets โ115.7%
FY25
Return on capital โ
Return on equity โ34.4%
Return on assets โ32.3%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
FY20
Free cash flow โ
FY21
Free cash flow โ
FY22
Free cash flow โ
FY23
Free cash flow โ
FY24
Free cash flow โ
FY25
Free cash flow โ
Q3 '23
Free cash flow โ
Q4 '23
Free cash flow โ
Q1 '24
Free cash flow โ
Q2 '24
Free cash flow โ
Q3 '24
Free cash flow โ
Q4 '24
Free cash flow โ
Q1 '25
Free cash flow โ
Q2 '25
Free cash flow โ
Q3 '25
Free cash flow โ
Q4 '25
Free cash flow โ
Q1 '26
Free cash flow โ$3.9M
Q2 '26
Free cash flow โ$3.7M
FY20
Cash from operations โ$1.9M
Capital spending โ
FY21
Cash from operations โ$5.1M
Capital spending โ
FY22
Cash from operations โ$12.1M
Capital spending โ
FY23
Cash from operations โ$6.5M
Capital spending โ
FY24
Cash from operations โ$5.3M
Capital spending โ
FY25
Cash from operations โ$14.4M
Capital spending โ
Cash from operations
Capital spending
Q3 '23
Cash from operations โ$1.1M
Capital spending โ
Q4 '23
Cash from operations โ$1.1M
Capital spending โ
Q1 '24
Cash from operations โ$1.3M
Capital spending โ
Q2 '24
Cash from operations โ$0.9M
Capital spending โ
Q3 '24
Cash from operations โ$1.2M
Capital spending โ
Q4 '24
Cash from operations โ$1.8M
Capital spending โ
Q1 '25
Cash from operations โ$2.2M
Capital spending โ
Q2 '25
Cash from operations โ$0.9M
Capital spending โ
Q3 '25
Cash from operations โ$2.4M
Capital spending โ
Q4 '25
Cash from operations โ$9.0M
Capital spending โ
Q1 '26
Cash from operations โ$1.3M
Capital spending $2.5M
Q2 '26
Cash from operations โ$3.7M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
Avax One Technology Ltd. returned $0.3M to shareholders in fiscal 2025. The diluted share count rose 18,192.9%.
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks $0.3M
Dividends
Buybacks
Q3 '23
Dividends โ
Buybacks โ
Q4 '23
Dividends โ
Buybacks โ
Q1 '24
Dividends โ
Buybacks โ
Q2 '24
Dividends โ
Buybacks โ
Q3 '24
Dividends โ
Buybacks โ
Q4 '24
Dividends โ
Buybacks โ
Q1 '25
Dividends โ
Buybacks โ
Q2 '25
Dividends โ
Buybacks โ
Q3 '25
Dividends โ
Buybacks โ
Q4 '25
Dividends โ
Buybacks โ
Q1 '26
Dividends โ
Buybacks $3.0M
Q2 '26
Dividends โ
Buybacks $0.8M
Dividends
Buybacks
FY20
Diluted shares 0.01B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.00B
FY23
Diluted shares 0.00B
FY24
Diluted shares 0.00B
FY25
Diluted shares 0.02B
Balance sheet
Cash, debt and the ratios that show how comfortably Avax One Technology Ltd. can carry it.
FY20
Cash $0.7M
Debt โ
FY21
Cash $7.8M
Debt โ
FY22
Cash $2.3M
Debt $11.1M
FY23
Cash $3.9M
Debt $11.5M
FY24
Cash $0.5M
Debt $1.5M
FY25
Cash $22.1M
Debt โ
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $7.8M | $2.3M | $3.9M | $0.5M | $22.1M |
| Debt incl. finance leases | โ | $11.1M | $11.5M | $1.5M | โ |
| Debt / equity | โ | 1.1x | 1.3x | 0.2x | โ |
| Current ratio | 3.6x | 0.5x | 0.7x | 0.3x | 4.2x |
| Quick ratio | 3.6x | 0.5x | 0.7x | 0.3x | 4.2x |
| Total assets | $11.8M | $21.8M | $17.4M | $10.8M | $195M |
| Total liabilities | $3.8M | $11.3M | $8.8M | $4.7M | $8.0M |
| Shareholders' equity | $8.0M | $10.5M | $8.6M | $6.1M | $187M |
| Net debt (โ = net cash) | โ | $8.8M | $7.6M | $1.0M | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 6 | โ / 6 | 3 / 7 | 3 / 9 | 4 / 7 |
| Accruals ratio | โ40.7% | โ19.9% | โ4.7% | โ26.7% | โ78.2% | โ18.2% |
| Altman Z'' | โ20.11 | โ3.99 | โ8.85 | โ12.34 | โ25.19 | 23.12 |
6 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | โ | โ | โ | $0.0M | $0.0M | $2.3M |
| Gross profit | โ | โ | โ | $0.0M | โ$0.0M | โ |
| Research and development | $0.1M | $0.5M | $0.6M | $0.0M | $0.1M | $0.0M |
| Operating income | โ$3.3M | โ$6.9M | โ$13.7M | โ$11.2M | โ$10.1M | โ$21.7M |
| Pretax income | โ$3.2M | โ$6.6M | โ$12.9M | โ$11.7M | โ$16.3M | โ$33.2M |
| Net income | โ$3.2M | โ$6.6M | โ$12.9M | โ$11.7M | โ$16.3M | โ$33.2M |
| Net income to common | โ$4.2M | โ$7.4M | โ$12.9M | โ$11.7M | โ$16.3M | โ |
| Diluted EPS | โ$0.53 | โ$0.66 | โ$35.60 | โ$1,011.05 | โ$199.51 | โ$2.15 |
| Diluted shares | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.02B |
| Cash flow | ||||||
| Cash from operations | โ$1.9M | โ$5.1M | โ$12.1M | โ$6.5M | โ$5.3M | โ$14.4M |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.7M | $0.7M | $1.2M |
| Stock-based compensation | $0.6M | $0.8M | $0.4M | $0.3M | $0.0M | $1.8M |
| Share buybacks | โ | โ | โ | โ | โ | $0.3M |
| Dividends and buybacks | โ | โ | โ | โ | โ | $0.3M |
| Balance sheet | ||||||
| Cash and short-term investments | $0.7M | $7.8M | $2.3M | $3.9M | $0.5M | $22.1M |
| Total debt | โ | โ | $11.1M | $11.5M | $1.5M | โ |
| Finance lease liabilities | โ | โ | $0.0M | โ | โ | โ |
| Current assets | $0.9M | $8.1M | $2.9M | $4.2M | $1.3M | $33.5M |
| Current liabilities | $1.9M | $2.3M | $5.4M | $6.0M | $4.3M | $8.0M |
| Inventory | โ | โ | โ | $0.0M | $0.0M | โ |
| Property and equipment, net | $0.0M | $0.0M | $0.1M | $0.0M | $0.8M | $4.2M |
| Goodwill | โ | โ | โ | โ | $0.3M | $1.5M |
| Intangible assets | โ | $1.5M | $13.1M | $12.7M | $7.8M | $0.4M |
| Total assets | $3.4M | $11.8M | $21.8M | $17.4M | $10.8M | $195M |
| Total liabilities | $2.0M | $3.8M | $11.3M | $8.8M | $4.7M | $8.0M |
| Preferred stock | $6.7M | โ | โ | โ | โ | โ |
| Shareholders' equity | $1.4M | $8.0M | $10.5M | $8.6M | $6.1M | $187M |
| Margins | ||||||
| Gross margin | โ | โ | โ | 16.6% | โ79.7% | โ |
| Operating margin | โ | โ | โ | โ68,422.7% | โ37,958.6% | โ925.5% |
| EBITDA margin | โ | โ | โ | โ64,252.1% | โ35,514.3% | โ874.1% |
| Net margin | โ | โ | โ | โ71,982.8% | โ61,183.5% | โ1,418.1% |
| Returns | ||||||
| Return on capital | โ | โ | โ55.8% | โ54.5% | โ112.2% | โ |
| Return on capital employed | โ233.1% | โ73.1% | โ82.8% | โ98.5% | โ156.7% | โ11.6% |
| Return on equity | โ229.5% | โ141.3% | โ138.8% | โ122.8% | โ221.8% | โ34.4% |
| Return on assets | โ95.7% | โ87.8% | โ76.6% | โ59.8% | โ115.7% | โ32.3% |
| Return on tangible equity | โ297.1% | โ113.1% | โ | โ | โ | โ17.9% |
| Growth | ||||||
| Revenue growth | โ | โ | โ | โ | 63.2% | 8,700.0% |
| Share count change | โ | 41.2% | โ96.8% | โ96.8% | 684.5% | 18,192.9% |
| Financial health | ||||||
| Debt / equity | โ | โ | 1.1x | 1.3x | 0.2x | โ |
| Current ratio | 0.5x | 3.6x | 0.5x | 0.7x | 0.3x | 4.2x |
| Quick ratio | 0.5x | 3.6x | 0.5x | 0.7x | 0.3x | 4.2x |
| Capital allocation | ||||||
| Stock comp / revenue | โ | โ | โ | 1,950.3% | 85.7% | 76.7% |
| Quality scores | ||||||
| Piotroski F-score | โ | โ | โ | 3.0 | 3.0 | 4.0 |
| Altman Z'' | โ20.1 | โ4.0 | โ8.8 | โ12.3 | โ25.2 | 23.1 |
| Accruals ratio | โ40.7% | โ19.9% | โ4.7% | โ26.7% | โ78.2% | โ18.2% |
Source: SEC EDGAR XBRL filings (CIK 0001826397). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.