For the quarter ending 2025-12-31, FOXX made $16,716,572 in revenue. -$4,288,180 in net income. Net profit margin of -25.65%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Revenues, net | 16,716,572 | 20,223,301 | 13,934,805 | 11,392,078 |
| Cost of goods sold | 14,499,792 | 17,478,734 | 22,713,876 | 10,728,765 |
| Gross profit | 2,216,780 | 2,744,567 | 1,522,450 | 663,313 |
| Research and development - related party | - | - | - | 22,792 |
| Selling expenses | 1,142,567 | 901,656 | 841,309 | 1,551,369 |
| General and administrative expenses | 3,103,576 | 2,428,673 | 2,346,161 | 1,823,287 |
| Research and development - related party-Related Party | - | - | 34,188 | - |
| Research and development | 193,208 | 306,432 | 562,820 | 826,532 |
| Total operating expenses | 4,439,351 | 3,636,761 | 2,206,109 | 4,223,980 |
| Loss from operations | -2,222,571 | -892,194 | -2,088,234 | -3,560,667 |
| Interest expense | 2,003,236 | 2,011,905 | 1,953,869 | 1,553,993 |
| Other (expense) income, net | -60,107 | 38,657 | 12,923 | -2,118 |
| Change in fair value of earnout liabilities | - | - | -18 | -1,032,267 |
| Total other (expense) income, net | -2,063,343 | -1,973,248 | -1,928,005 | -523,844 |
| (loss) income bfore income taxes | -4,285,914 | -2,865,442 | -4,016,239 | -4,084,511 |
| Provision for income taxes | - | - | 19,185.75 | - |
| Net (loss) income | -4,285,914 | -2,865,442 | -4,092,982 | -4,084,511 |
| Foreign currency translation adjustment | -2,266 | -6,525 | 2,446,243.667 | -412 |
| Comprehensive (loss) income | -4,288,180 | -2,871,967 | -1,646,738.333 | -4,084,923 |
| Basic (in dollars per share) | -0.62 | -0.42 | -0.44 | -0.58 |
| Basic (in shares) | 6,892,729 | 6,780,597 | -11,659,855 | 7,050,260 |
| Diluted (in dollars per share) | -0.62 | -0.42 | -0.44 | -0.58 |
| Diluted (in shares) | 6,892,729 | 6,780,597 | -11,659,855 | 7,050,260 |
Foxx Development Holdings Inc. (FOXX)
Foxx Development Holdings Inc. (FOXX)