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NASDAQ · COMPUTER COMMUNICATIONS EQUIPMENT · SMALL CAP

Foxx Development Holdings Inc. FOXX

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$52.6M
▼ 20.2% YoY
$-52.7M

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

In brief

What this company does

Its business model involves providing comprehensive hardware and software specifications to original design manufacturers. Its customers are primarily distributors who sell Foxx-branded products in the U.S. public channels and to major carriers in the United States such as T-Mobile, AT&T, and Verizon. Foxx Development Holdings Inc. was incorporated under the name “Acri Capital Merger Sub I Inc.” as a Delaware corporation on November 13, 2023. As of the date of this report, the company had 25 full-time employees.

Written from the business description in Foxx Development Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 October 2025. Every sentence was checked against that document before publication.

Growth

USD 52.6M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 52.6 · Net income -52.7
25.0M50.0M-20.0M-40.0M
20222025
Compound annual growth
+34.5%
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

−100 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -83.5% · Net -100.2%
-50%-100%
202220232025
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -6.6
-2.5M-5.0M
202220232025

Total assetsUSD 24.3M
EquityUSD -56.8M
CashUSD 1.5M
Gross debtUSD 73,418.00
Net debtUSD -1.4M
Current ratio0.25×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 4-year record

4 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—not applicable◌not available in our data
FOXX, 4-year financial record
Metric 2025202420232022
Revenue $B0.10.10.00.0
Operating income $B−0.0−0.0−0.00.0
EBITDA $B−0.0−0.0−0.00.0
Income tax $B0.00.00.00.0
Net income $B−0.1−0.0−0.00.0
Free cash flow $B◌−0.0−0.0−0.0
EPS, diluted $−7.61−1.47−1.040.06
Dividend / sh $◌◌◌◌
Payout % — not applicable: no dividend————
ROE % — not applicable: negative equity————
Shares out B0.010.000.000.00

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 4 of the 4 fiscal years we could check. 30 checks were skipped: the balance sheet is not tagged before 2022. 15 checks were skipped: EPS is not tagged before 2022. 15 checks were skipped: revenue is not tagged before 2022.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityComputer Communications Equipment
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJune 30
SEC categoryemerging growth company, smaller reporting company
Data on record since2022

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