Reports revenue $26.3M vs. $27.5M last year. “Fiscal 2025 was a pivotal year for AXIL as we continued to execute our strategic plan and delivered solid results amid a dynamic operating environment,” said Jeff Toghraie, CEO. “Despite global trade challenges, we achieved our third consecutive year of profitability, generating $0.9M in net income and an 21% increase in Adjusted EBITDA year-over-year. These results reflect our disciplined approach to growth, optimizing marketing and operating expenses without compromising on innovation or customer engagement. Our core business remained resilient, evidenced by gross margins of 71% and significantly improved operating cash flow. To reduce tariff exposure and enhance stability in our expansion plans, we have accelerated efforts to relocate a substantial portion of our manufacturing and operations to the United States. We believe these changes will deliver significant long-term benefits. Equally important, we secured a major wholesale partnership with one of the nation’s largest membership-based retailers, a milestone that we expect will drive meaningful top-line growth beginning in fiscal 2026. Beyond the immediate financial impact, we believe this relationship will substantially expand our national reach and elevate brand visibility at scale, a powerful endorsement of our product strength and market readiness. We also launched Sharper Vision Marketing, a wholly-owned subsidiary designed with the intent to turn our internal digital marketing expertise into an external revenue stream while lowering our own customer acquisition costs. At the same time, we advanced our supply chain transition strategy, hitting key milestones in our shift toward U.S.-based manufacturing, which is already helping us offset new tariff pressures and reduce reliance on overseas suppliers. In our Reviv3 hair and skin care segment, we added seasoned leadership in an effort to accelerate expansion. Early traction is encouraging, and we expect that this segment will become an increasingly meaningful contributor to our growth story. We enter fiscal 2026 with strong momentum, a solid balance sheet, and the flexibility to invest in growth without relying on outside capital. While we remain mindful of broader macroeconomic uncertainty, we’re focused on scaling our multi-channel distribution and product innovation to drive sustainable, long-term value for shareholders.”
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