All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
AXIL BRANDS, INC. Last Reported: 5/31/2024 Stock Symbol: AXIL

Business Address

901 S. FREMONT AVE.
UNIT 158
ALHAMBRA , CA US 91803

Mailing Address

901 S. FREMONT AVE.
UNIT 158
ALHAMBRA , CA US 91803
Phone Number: 888-638-8883 / State Incorporated: DE / Fiscal Year End 5 /31

Balance Sheet

Date 2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023 11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021 8/31/2021 5/31/2021 2/28/2021 11/30/2020 8/31/2020 5/31/2020 2/29/2020 11/30/2019 8/31/2019 5/31/2019 2/28/2019 11/30/2018 8/31/2018 5/31/2018 2/28/2018 11/30/2017 9/30/2017 8/31/2017 5/31/2017 2/28/2017 11/30/2016 5/31/2016
Cash and Cash Equivalents $4,887,567.00 $5,962,431.00 $5,061,723.00 $4,832,682.00 $4,180,332.00 $4,018,170.00 $2,243,285.00 $373,731.00 $445,945.00 $480,850.00 $522,700.00 $496,937.00 $492,066.00 $579,498.00 $422,943.00 $409,031.00 $142,690.00 $344,532.00 $337,515.00 $346,179.00 $400,494.00 $382,053.00 $141,236.00 $227,870.00 $256,835.00 $347,880.00 -- $218,430.00 $416,873.00 $254,423.00 $285,829.00 $369,696.00
Accounts Receivable Net Current -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Inventory $3,443,293.00 $2,352,215.00 $2,069,968.00 $1,311,864.00 $1,368,635.00 $2,113,678.00 $1,232,851.00 $323,388.00 $356,142.00 $341,621.00 $297,214.00 $490,852.00 $301,523.00 $323,304.00 $505,750.00 $288,124.00 $344,477.00 $301,969.00 $309,508.00 $264,578.00 $427,761.00 $320,681.00 $357,601.00 $321,537.00 $267,398.00 $364,265.00 -- -- $129,794.00 -- -- --
Prepaid Expenses and Other Current Assets $656,328.00 $1,068,767.00 $485,609.00 $801,360.00 $437,031.00 $380,095.00 $291,037.00 -- $37,463.00 $15,085.00 -- $2,430.00 $78,220.00 $13,548.00 $10,691.00 $13,708.00 $1,290.00 -- $10,540.00 $2,993.00 -- $8,889.00 $7,801.00 $3,505.00 $3,000.00 $4,116.00 -- -- $18,089.00 -- -- --
Total Current Assets $9,959,389.00 $10,336,728.00 $8,073,186.00 $7,362,922.00 $6,440,544.00 $7,303,268.00 $4,218,606.00 $803,040.00 $869,233.00 $884,280.00 $876,387.00 $1,041,222.00 $963,753.00 $995,331.00 $1,008,180.00 $893,064.00 $548,384.00 $699,326.00 $695,167.00 $693,338.00 $866,776.00 $762,923.00 $560,616.00 $586,316.00 $695,670.00 $754,927.00 -- -- $613,594.00 -- -- --
Property Plant and Equipement $212,146.00 $211,036.00 $199,561.00 $157,463.00 $166,324.00 $159,627.00 $115,597.00 $29,145.00 $30,413.00 $32,541.00 $34,670.00 $37,016.00 $39,363.00 $41,709.00 $41,997.00 $31,577.00 $34,035.00 $36,494.00 $39,263.00 $32,803.00 $35,111.00 $8,923.00 $7,437.00 $8,349.00 $9,262.00 $6,519.00 -- -- $7,255.00 -- -- --
Intangible Assets Net -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Goodwill $2,152,215.00 $2,152,215.00 $2,152,215.00 $2,152,215.00 $2,152,215.00 $2,152,215.00 $2,152,215.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Other Assets -- -- -- -- -- -- $16,277.00 $16,277.00 $152,964.00 $176,120.00 $199,395.00 $221,542.00 $203,234.00 $224,234.00 $242,644.00 $249,838.00 $269,418.00 $52,771.00 $54,112.00 $48,126.00 $49,960.00 $23,772.00 $22,286.00 $23,198.00 $24,111.00 -- -- -- $22,104.00 -- -- --
Total Assets $12,713,718.00 $13,126,009.00 $10,886,566.00 $10,169,314.00 $9,290,452.00 $10,056,620.00 $6,966,572.00 $893,915.00 $1,022,197.00 $1,060,400.00 $1,075,782.00 $1,262,764.00 $1,166,987.00 $1,219,565.00 $1,250,824.00 $1,142,902.00 $817,802.00 $752,097.00 $749,279.00 $741,464.00 $916,736.00 $786,695.00 $582,902.00 $609,514.00 $719,781.00 $776,295.00 -- -- $635,698.00 -- -- --
Accounts Payable $1,890,844.00 $1,922,159.00 $1,077,005.00 $908,606.00 $758,755.00 $1,322,240.00 $723,125.00 $435,713.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accrued Liabilities $1,781.00 $128,457.00 $456,097.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Liabilities $3,926,827.00 $5,179,308.00 $4,009,048.00 $3,497,355.00 $3,430,868.00 $4,509,806.00 $2,501,570.00 $709,203.00 $763,701.00 $702,590.00 $746,173.00 $917,116.00 $718,610.00 $715,128.00 $799,490.00 $638,299.00 $313,014.00 $205,710.00 $172,518.00 $64,094.00 $249,302.00 $115,693.00 $162,861.00 $96,169.00 $204,834.00 $148,438.00 -- -- $83,214.00 -- -- --
Long Term Debt -- -- -- $172,588.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Additional Paid-in Capital -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Other Comprehensive Loss -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Deficit $-1,513,374.00 $-2,294,465.00 $-3,312,540.00 $-3,466,992.00 $-4,227,092.00 $-4,389,140.00 $-5,116,040.00 $-5,291,567.00 $-5,195,816.00 $-5,096,502.00 $-5,124,703.00 $-5,108,664.00 $-4,883,135.00 $-4,827,075.00 $-4,880,178.00 $-4,810,909.00 $-4,810,724.00 $-4,769,125.00 $-4,738,751.00 $-4,638,142.00 $-4,643,078.00 $-4,639,510.00 $-4,581,471.00 $-4,488,167.00 $-4,486,565.00 $-4,373,655.00 -- -- $-4,145,628.00 -- -- --
Total Stockholders' Equity $8,786,891.00 $7,946,701.00 $6,877,518.00 $6,671,959.00 $5,859,584.00 $5,546,814.00 $4,465,002.00 $184,712.00 $258,496.00 $357,810.00 $329,609.00 $345,648.00 $448,377.00 $504,437.00 $451,334.00 $504,603.00 $504,788.00 $546,387.00 $576,761.00 $677,370.00 $667,434.00 $671,002.00 $420,041.00 $513,345.00 $514,947.00 $627,857.00 -- -- $552,484.00 -- -- --
Controlling Interest in Subsidiaries -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Liabilities and Equity $12,713,718.00 $13,126,009.00 $10,886,566.00 $10,169,314.00 $9,290,452.00 $10,056,620.00 $6,966,572.00 $893,915.00 $1,022,197.00 $1,060,400.00 $1,075,782.00 $1,262,764.00 $1,166,987.00 $1,219,565.00 $1,250,824.00 $1,142,902.00 $817,802.00 $752,097.00 $749,279.00 $741,464.00 $916,736.00 $786,695.00 $582,902.00 $609,514.00 $719,781.00 $776,295.00 -- -- $635,698.00 -- -- --

Statement of Operations

Date 2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023 11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021 8/31/2021 5/31/2021 2/28/2021 11/30/2020 8/31/2020 5/31/2020 2/29/2020 11/30/2019 8/31/2019 5/31/2019 2/28/2019 11/30/2018 8/31/2018 5/31/2018 2/28/2018 11/30/2017 9/30/2017 8/31/2017 5/31/2017 2/28/2017 11/30/2016 5/31/2016
Total Revenues $20,997,289.00 $14,527,946.00 $6,106,269.00 $23,521,027.00 $16,625,818.00 $6,731,999.00 $4,237,358.00 $2,336,257.00 $1,809,472.00 $1,333,088.00 $839,272.00 $1,633,609.00 $1,277,480.00 $644,061.00 $268,454.00 $1,012,711.00 $157,880.00 $328,552.00 $125,682.00 $992,670.00 $281,062.00 $381,339.00 $141,180.00 $933,218.00 $219,254.00 $247,154.00 -- $111,245.00 -- -- -- --
Cost of Revenues -- -- -- -- $4,085,645.00 $2,647,669.00 $954,704.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Gross Profit $4,624,326.00 $10,905,505.00 $4,647,566.00 $17,710,811.00 $12,540,173.00 $5,039,034.00 $3,282,654.00 $1,507,671.00 $341,775.00 $381,016.00 $475,376.00 $1,033,908.00 $799,902.00 $528,428.00 $132,195.00 $531,933.00 $112,144.00 $239,367.00 $80,529.00 $439,653.00 $122,216.00 $157,947.00 $77,404.00 $356,972.00 $84,018.00 $68,291.00 -- $66,740.00 $300,426.00 $83,848.00 $177,628.00 --
Research and Development -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Selling, General, and Administrative -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Operating Expenses $14,196,041.00 $9,467,836.00 $4,473,809.00 $15,726,600.00 $11,139,189.00 $7,137,292.00 $3,083,253.00 $1,719,074.00 $1,315,379.00 $876,103.00 $489,850.00 $1,354,962.00 $342,103.00 $341,675.00 $200,235.00 $703,052.00 $153,255.00 $369,784.00 $183,403.00 $589,293.00 $125,727.00 $309,064.00 $170,457.00 $695,817.00 $195,996.00 $168,574.00 -- $192,435.00 $838,632.00 $594,617.00 $191,619.00 --
Loss from Operations $1,333,790.00 $1,437,669.00 $173,757.00 $1,984,211.00 $1,400,984.00 $984,995.00 $199,401.00 $-211,403.00 $-117,212.00 $-19,711.00 $-14,474.00 $-321,054.00 $-70,628.00 $54,558.00 $-68,040.00 $-171,120.00 $-41,111.00 $-29,885.00 $-102,874.00 $-149,640.00 $-3,511.00 $-151,117.00 $-93,053.00 $-338,845.00 $-111,978.00 $-100,283.00 -- $-125,695.00 $-538,206.00 $-109,672.00 $-110,437.00 --
Loss Before Income Taxes $-46,345.00 $1,602,909.00 $220,441.00 $2,055,488.00 $1,459,819.00 $1,238,224.00 $250,280.00 $-182,903.00 $-87,152.00 $28,201.00 $-16,039.00 $-297,755.00 $-72,226.00 $-16,166.00 $-69,269.00 $-172,767.00 $-41,599.00 $-130,983.00 $-100,609.00 $-149,975.00 $-3,568.00 $-151,343.00 $-93,304.00 $-342,539.00 $-112,910.00 $-228,027.00 -- $-126,729.00 $-538,777.00 $-333,136.00 $-223,469.00 --
Earnings Per Share Basic $0.33 $0.01 -- $0.02 $0.01 $0.01 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weighted Average Shares Basic 5,863,939 117,076,949 117,076,949 112,895,411 111,486,248 115,226,893 102,402,140 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Earnings Per Share Diluted $0.11 -- -- $0.01 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weighted Average Shares Diluted 18,569,140 372,451,949 372,451,949 357,385,274 349,954,746 341,429,203 314,223,880 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Common Stock Shares Authorized 450,000,000 450,000,000 450,000,000 450,000,000 450,000,000 450,000,000 450,000,000 450,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 -- -- 100,000,000 -- -- --
Common Stock Shares Outstanding 5,878,939 117,076,949 117,076,949 117,076,949 117,076,949 116,556,165 115,129,774 41,945,881 41,945,881 41,945,881 41,945,881 41,945,881 41,485,881 41,485,881 41,285,881 41,285,881 41,285,881 41,285,881 41,285,881 41,285,881 41,277,547 41,277,547 40,505,047 40,505,047 40,505,047 40,505,047 -- -- 39,679,047 -- -- --
Common Stock Value $588.00 $11,708.00 $11,708.00 $11,708.00 $11,708.00 $11,656.00 $11,513.00 $4,195.00 $4,195.00 $4,195.00 $4,195.00 $4,195.00 $4,149.00 $4,149.00 $4,149.00 $4,129.00 $4,129.00 $4,129.00 $4,129.00 $4,129.00 $4,128.00 $4,128.00 $4,051.00 $4,051.00 $4,050.00 $4,050.00 -- -- $3,968.00 -- -- --
Common Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -- -- $0.00 -- -- --
Payments Of Dividends Common Stock -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Authorized 300,000,000 300,000,000 300,000,000 300,000,000 300,000,000 300,000,000 300,000,000 300,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 -- -- 20,000,000 -- -- --
Preferred Stock Shares Outstanding 250,000,000 250,000,000 250,000,000 250,000,000 250,000,000 250,000,000 250,000,000 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Value $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -- -- $0.00 -- -- --
Share Price -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $0.25 -- -- -- -- --
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