XMax Q1 FY26 returns to profit with net income $0.2 million; net sales fall 32% to $1.8 million

XMAX, Inc.

XMAX, Inc.

XWIN

0.00

  • XMax posted Q1 net sales of $1.8 million, down 32% from year-ago period.
  • Net income swung to $0.2 million from a net loss of $0.3 million a year earlier.
  • Gross profit fell to $0.9 million; gross margin widened 4 percentage points to 50%.
  • Cash and cash equivalents rose to $9.9 million as of March 31, 2026; working capital climbed to $18.2 million.
  • Board backed strategic expansion into AI, forming wholly owned XMax AI and signing cloud and model-access agreements to deploy an AWS-based inference platform and provide API access to AI models.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XMax Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605151630PRIMZONEFULLFEED9721425) on May 15, 2026, and is solely responsible for the information contained therein.