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BALCAO · PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS · SMALL CAP

Karbon-X Corp. KARX

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$55.9M
▲ 1665.6% YoY
$-13.6M
$-7.9M

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

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 55.9M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 55.9 · Net income -13.6
20M40M-5M-10M
2018202120242025
Compound annual growth
+1684.3%
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

·
Operating margin Net margin
FY2024 · Operating -210.1% · Net -222.9%
-10000%-20000%
201820212025
ROE
FY2023 · ROE -107.8%
-50%-100%
201820212025
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
FY2025 · FCF -7.9
-3M-6M
201820212025
Net buybacks $ Dividends $
FY2020 · Dividends · · Net buybacks 0.0
-10000-20000
20192020

Total assetsUSD 9.6M
EquityUSD -6.0M
CashUSD 1.2M
Gross debtUSD 4.9M
Net debtUSD 3.7M
Current ratio0.60×

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

The 8-year record

8 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
KARX, 8-year financial record
Metric 20252024202320222021202020192018
Revenue $B0.10.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0◌◌◌
EBITDA $B−0.0−0.0−0.0−0.0−0.0◌◌◌
Income tax $B0.00.0◌◌◌0.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0◌◌◌
EPS, diluted $−0.16−0.08−0.04◌◌0.000.000.00
Dividend / sh $◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————
ROE %——−107.8−136.9————
Shares out B0.090.080.080.070.070.060.060.00

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 26 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 28 checks were skipped: the balance sheet is not tagged before 2021. 14 checks were skipped: cost of revenue is not tagged before 2021. 11 checks were skipped: EPS is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityPerfumes, Cosmetics & Other Toilet Preparations
Listed onOTC market
Incorporated inNevada
Fiscal year endsMay 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2018

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