Company / Operating Income
XMax Inc. Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$5.4M
FY2025
5-year range
-$26.3M / -$3.9M
FY2021-FY2025
Trend
+16.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Income has fluctuated over the past 10 years, ranging from -$26M in FY2021 to $7M in FY2018.
Based on SEC 10-K filings.
-$5M in FY2025.
Improved from -$16M to -$5M over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2025, operating income increased 16.4% year-over-year.
- Peak operating income was recorded in FY2018.
- Lowest operating income in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.03 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$5.4M | +16.4% |
| FY2024 | -$6.4M | +60.4% |
| FY2023 | -$16.2M | -320.2% |
| FY2022 | -$3.9M | +85.3% |
| FY2021 | -$26.3M | -353.8% |
| FY2020 | -$5.8M | -220.1% |
| FY2019 | $4.8M | -29.1% |
| FY2018 | $6.8M | +988.1% |
| FY2017 | -$766.1K | -116.5% |
| FY2016 | $4.6M | -11.8% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026