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MARKETS / NASDAQ / AVX
NASDAQ · FINANCE SERVICES

Avax ONE Technology Ltd. AVX

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.3M
▲ 8709.3% YoY
$-33.2M
In brief

What this company does

The Company ceased all of its legacy ag-tech operations in early 2025 except that it maintained its Manna business involving the deployment of certain patented technologies, which business the Company is currently in the process of liquidating. The Company entered into the sustainable Bitcoin Mining industry and has completed two acquisitions since late November 2024 pursuant to which the Company now operates several Bitcoin Mining facilities in Alberta, Canada and Ohio. In the third quarter of 2025, the Company announced that its main business focus would be to establish and maintain a digital asset strategy focused around the Avalanche coin. In connection with the announcement of the Offering, the Company announced the launch of its digital asset treasury reserve strategy, effective upon the closing of the Offering, pursuant to which the Company planned to use AVAX tokens as its primary treasury reserve asset.

Written from the business description in AVAX One Technology Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 2.3M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 2.3 · Net income -33.2
-20M202020212022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1418 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -925.5% · Net -1418.1%
-20000%-40000%-60000%202020212022202320242025
ROE
FY2025 · ROE -34.4%
-100%-200%202020212022202320242025

Each USD of equity lost 34 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -1.3
-0.5M-1.0M2025

Total assetsUSD 195.0M
EquityUSD 187.0M
CashUSD 22.1M
Current ratio4.19×

Equity funds 96% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.0···
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B······
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−2.15−199.51−1011.05−35.60−0.66−0.53
Dividend / sh $······
Payout %······
ROE %−34.4−221.8−122.8−138.8−141.3−146.5
Shares out B0.090.000.000.000.020.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 27 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 68 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFinance Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A1
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

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