InsiderClue
Stocks · Consumer discretionary · Household Furniture

XMax Inc.

XMAX Clue Score46
United States Fiscal year ends December CIK 0001473334
$8.74 -0.91% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $8.74 +297.27% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue92.6Operating income−0.8Net income−1.1EPS, diluted−0.04Fiscal year 2017Revenue106.5 +14.9%Operating income6.8Net income3.8EPS, diluted0.14Fiscal year 2018Revenue81.2 −23.8%Operating income4.8Net income5.3 +40.8%EPS, diluted0.93Fiscal year 2019Revenue22.0 −72.9%Operating income−5.8Net income−8.6 −262.3%EPS, diluted−1.52Fiscal year 2020Revenue11.4 −48.4%Operating income−26.3Net income−26.1EPS, diluted−4.54Fiscal year 2021Revenue12.6 +10.6%Operating income−3.9Net income−20.0Fiscal year 2022Revenue12.7 +1.5%Operating income−16.2Net income−17.1EPS, diluted−12.34Fiscal year 2023Revenue11.1 −13.0%Operating income−6.4Net income−7.7EPS, diluted−4.96Fiscal year 2024Revenue9.7 −12.6%Operating income−5.4Net income−5.6EPS, diluted−1.48Fiscal year 2025Revenue16.7 +72.6%Operating income−1.9Net income−3.4EPS, diluted−0.17
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 92.6 106.5 81.2 22.0 11.4 12.6 12.7 11.1 9.7 16.7
Growth +14.9% −23.8% −72.9% −48.4% +10.6% +1.5% −13.0% −12.6% +72.6%
Operating income −0.8 6.8 4.8 −5.8 −26.3 −3.9 −16.2 −6.4 −5.4 −1.9
Net income −1.1 3.8 5.3 −8.6 −26.1 −20.0 −17.1 −7.7 −5.6 −3.4
Growth +40.8% −262.3%
EPS, diluted −0.04 0.14 0.93 −1.52 −4.54 n/a −12.34 −4.96 −1.48 −0.17

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin14.6%Operating margin−0.8%Net margin−1.2%Free cash flow margin−6.9%Fiscal year 2017Gross margin19.2%Operating margin6.4%Net margin3.5%Free cash flow margin−1.3%Fiscal year 2018Gross margin18.9%Operating margin5.9%Net margin6.5%Free cash flow margin−8.5%Fiscal year 2019Gross margin5.9%Operating margin−26.4%Net margin−39.1%Free cash flow margin67.6%Fiscal year 2020Gross margin−175.3%Operating margin−231.8%Net margin−229.8%Free cash flow margin−21.5%Fiscal year 2021Gross margin44.0%Operating margin−30.7%Net margin−159.0%Free cash flow margin−39.0%Fiscal year 2022Gross margin−61.1%Operating margin−127.3%Net margin−134.2%Free cash flow margin−42.2%Fiscal year 2023Gross margin37.6%Operating margin−57.9%Net margin−69.7%Fiscal year 2024Gross margin43.9%Operating margin−55.4%Net margin−57.4%Free cash flow margin−14.5%Fiscal year 2025Gross margin25.0%Operating margin−11.5%Net margin−20.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 14.6% 19.2% 18.9% 5.9% −175.3% 44.0% −61.1% 37.6% 43.9% 25.0%
Operating margin −0.8% 6.4% 5.9% −26.4% −231.8% −30.7% −127.3% −57.9% −55.4% −11.5%
Net margin −1.2% 3.5% 6.5% −39.1% −229.8% −159.0% −134.2% −69.7% −57.4% −20.4%
Free cash flow margin −6.9% −1.3% −8.5% 67.6% −21.5% −39.0% −42.2% n/a −14.5% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−6.4Capital expenditure−0.0Free cash flow−6.4Fiscal year 2017Operating cash flow−1.3Capital expenditure−0.0Free cash flow−1.3Fiscal year 2018Operating cash flow−6.9Capital expenditure−0.0Free cash flow−6.9Buybacks0.0Fiscal year 2019Operating cash flow14.9Capital expenditure−0.0Free cash flow14.9Buybacks−0.6Fiscal year 2020Operating cash flow−2.1Capital expenditure−0.4Free cash flow−2.4 −116.4%Buybacks0.0Fiscal year 2021Operating cash flow−4.8Capital expenditure−0.1Free cash flow−4.9Fiscal year 2022Operating cash flow−5.4Capital expenditure−0.0Free cash flow−5.4Fiscal year 2023Operating cash flow−1.6Fiscal year 2024Operating cash flow−1.4Capital expenditure−0.0Free cash flow−1.4Fiscal year 2025Operating cash flow−0.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −6.4 −1.3 −6.9 14.9 −2.1 −4.8 −5.4 −1.6 −1.4 −0.4
Capital expenditure −0.0 −0.0 −0.0 −0.0 −0.4 −0.1 −0.0 n/a −0.0 n/a
Free cash flow −6.4 −1.3 −6.9 14.9 −2.4 −4.9 −5.4 n/a −1.4 n/a
Growth −116.4%
Buybacks n/a n/a 0.0 −0.6 0.0 n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash2.6Shareholders’ equity63.3Fiscal year 2017Cash5.7Shareholders’ equity68.4Fiscal year 2018Cash0.2Shareholders’ equity74.9Fiscal year 2019Cash7.4Shareholders’ equity66.0Fiscal year 2020Cash8.7Shareholders’ equity40.9Fiscal year 2021Cash6.3Shareholders’ equity23.4Fiscal year 2022Cash1.4Shareholders’ equity6.6Fiscal year 2023Cash0.4Shareholders’ equity0.5Fiscal year 2024Cash0.2Shareholders’ equity3.1Fiscal year 2025Cash6.7Shareholders’ equity28.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 2.6 5.7 0.2 7.4 8.7 6.3 1.4 0.4 0.2 6.7
Shareholders’ equity 63.3 68.4 74.9 66.0 40.9 23.4 6.6 0.5 3.1 28.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
14.6% 19.2% 18.9% 5.9% −175.3% 44.0% −61.1% 37.6% 43.9% 25.0%
−0.8% 6.4% 5.9% −26.4% −231.8% −30.7% −127.3% −57.9% −55.4% −11.5%
−1.2% 6.1% 5.6% −26.8% −232.6% −32.3% −134.0% −63.1% −57.4% −23.9%
−1.2% 3.5% 6.5% −39.1% −229.8% −159.0% −134.2% −69.7% −57.4% −20.4%
−6.9% −1.3% −8.5% 67.6% −21.5% −39.0% −42.2% n/a −14.5% n/a
Spending
n/a n/a n/a n/a 0.3% 0.9% 0.1% 28.1% 20.6% n/a
9.7% 8.9% 8.1% 25.0% 41.1% 45.0% 43.5% 45.6% 62.5% 28.3%
0.0% 0.0% 0.0% 0.1% 3.2% 0.9% 0.1% n/a 0.1% n/a
n/a 42.3% −16.3% n/a n/a n/a n/a n/a n/a n/a
Returns
−1.8% 5.5% 7.1% −13.0% −63.7% −85.1% −258.7% −1,556.0% −178.1% −12.2%
−1.5% 4.7% 5.9% −12.0% −56.1% −67.6% −148.3% −123.8% −56.1% −9.6%
Balance and payout
17.9% 14.3% 16.9% 7.7% 11.9% 20.6% 42.7% 92.0% 68.5% 21.3%
n/a n/a n/a 4.1% n/a n/a n/a n/a n/a n/a