Skip to content
MARKETS / BALCAO / KARX
BALCAO · PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS

Karbon-X Corp. KARX

7 fiscal years on record · USD · FY2024 reported · SEC filings only
$3.2M
▲ 667.8% YoY
$-7.1M
$-6.5M
In brief

What this company does

Karbon-X Corp (or "Karbon-X" or "the Company") is a public Nevada corporation that offers investors exposure to certified carbon credits which are a key instrument used by both individuals and corporations to achieve their carbon neutral and net-zero carbon goals. Karbon-X Corp is focused on customized transactional options for corporations to offset their carbon footprint and provides scalable access to the Verified Emissions Reduction markets. Karbon-X is changing the marketing framework of traditional carbon marketing by engaging with the public in order to fund multiple forms of technology-based greenhouse gas reduction builds. Karbon-X Corp has begun purchasing verified carbon credits from numerous vendors and intends to resell these credits to both industry and the general public. The Company has already begun funding projects in order to generate Karbon-X Corp carbon credits of its own.

Written from the business description in Karbon-X Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 15 September 2025. Every sentence was checked against that document before publication.

Growth
USD 3.2M
Revenue, FY2024 · full 7-year series below
Revenue $M Net income $M
FY2024 · Revenue 3.2 · Net income -7.1
2.0M-2.5M-5.0M2018201920202021202220232024
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
−223 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -210.1% · Net -222.9%
-10000%-20000%2018201920202021202220232024
ROE
FY2024 · ROE -967.4%
-500%2018201920202021202220232024

Each USD of equity lost 967 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -6.5
-2.5M-5.0M2018201920202021202220232024
Net buybacks $ Dividends $
FY2020 · Dividends — · Net buybacks 0.0
-5000-1000020192020

Total assetsUSD 6.8M
EquityUSD -1.4M
CashUSD 704,346.00
Gross debtUSD 0.00
Net debtUSD -704,346.00
Current ratio0.75×

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

The 7-year record
7 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 2024202320222021202020192018
Revenue $B0.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0···
EBITDA $B−0.0−0.0−0.0−0.0···
Income tax $B····0.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0···
EPS, diluted $−0.08−0.04··0.000.000.00
Dividend / sh $·······
Payout %·······
ROE %−967.4−107.8−136.9−73.6···
Shares out B0.080.080.070.070.060.060.20

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 21 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 74 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPerfumes, Cosmetics & Other Toilet Preparations
Listed onOTC market
Incorporated inNevada
Fiscal year endsMay 31
SEC categoryemerging growth company
Data on record since2018

Share this section

Download image