The Tip Desk

XMax Inc.

Company Stats

Market Cap
$556.8M
as of Sep 30, 2026
Shares Outstanding
64.5M
Free Float
80.4%

Income Statement

Revenue
$16.7M
Operating Income
-$1.9M
Net Income
-$3.4M
EBITDA
-$1.9M
Revenue Growth, 3Y
9.5%

Balance Sheet

Cash & Equivalents
$6.7M

Returns & Capital

SBC, 3Y Avg
$1.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$16.7M——
FY2024$9.7M-$1.4M-14.5%
FY2023$11.1M——
FY2022$12.7M-$5.4M-42.2%
FY2021$12.6M-$4.9M-39.0%

Annual filing data through FY ended December 31, 2025; shares and float as of October 30, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage