Flagship explainer
How XMAX INC. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $16.7M | 100% |
| |
| Cost of revenue | $12.5M | 75% |
|
| $4.2M | 25% |
| |
| −$1.9M | −12% |
| |
| Income before tax | −$4M | −24% |
|
| Income tax | −$580987 | −3% |
|
| −$3.4M | −20% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001493152-26-016828