Homepage

Foxx Development Holdings Inc.

FOXX NASDAQ Categories PDF
Industrials · Technology Distributors
Irvine, CA 92618, United States IPO 2022 foxxusa.com Updated Jun 26, 11:20pm
Price
$3.27
Market Cap
$23.0M
Employees
25
Beta
-0.31
Avg Volume
1,605,373
CEO
Gregory Foley
Business Description

Foxx Development Holdings Inc. operates within the United States, focusing on the distribution and retail sales of its proprietary Foxx-branded smartphones and tablets. The company's offerings extend beyond these core products to include wearables and various other communication devices. Furthermore, Foxx is actively engaged in providing after-sales customer support and conducting research and development to devise innovative customization standards and services. Its primary customer base includes value-conscious consumers, individuals acquiring a tablet or smartphone for the first time, and parents purchasing these devices for their children. Foxx reaches these diverse clients through the online and physical retail outlets of its telecommunication partners. Founded in 2017, Foxx Development Holdings Inc. is headquartered in Irvine, California.

Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 24, 2026 2:41pm (2d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-2.00
Stock Price: $3.27
EPS (Diluted): -1.63
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
-6.29
Stock Price: $3.27
Total Equity: -$5.36M
Shares: 6,148,467
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-3.51
Market Cap: $22.99M
Total Debt: $1.20M
Cash: $1.88M
EBITDA: -$9.44M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$33.1M
Market Cap: $22.99M
Total Debt: $1.20M
Cash: $1.88M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.51
Stock Price: $3.27
Revenue: $65.92M
Shares: 6,148,467
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.50
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
7.2%
Gross Profit: $4.77M
Revenue: $65.92M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-14.7%
Operating Income: -$9.70M
Revenue: $65.92M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-13.7%
Net Income: -$9.02M
Revenue: $65.92M
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
168.1%
Net Income: -$9.02M
Total Equity: -$5.36M
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
161.9%
Operating Income: -$9.70M
Tax Rate: -0.9%
Equity: -$5.36M
Total Debt: $1.20M
Cash: $1.88M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.78
Current Assets: $23.65M
Current Liabilities: $30.40M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
-0.22
Short-Term Debt: $235,268
Long-Term Debt: $963,245
Total Debt: $1.20M
Total Equity: -$5.36M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$10.72
Revenue: $65.92M
Shares: 6,148,467
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$-0.87
Total Equity: -$5.36M
Shares: 6,148,467
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-1.08
Operating CF: -$6.56M
CapEx: -$68,336
Shares: 6,148,467
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $3.27
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$9.02M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FOXX against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 2:41pm (2d ago)
Metric 2022 2023 2024 2025
Revenue $12.9M $21.6M $3.2M $65.9M
Cost of Revenue $12.4M $20.5M $3.1M $61.1M
Gross Profit $454,577 $1.1M $115,943 $4.8M
Operating Expenses $422,954 $1.0M $3.2M $14.5M
Operating Income $31,623 $86,227 -$3.1M -$9.7M
Net Income $144,618 $58,191 -$3.4M -$9.0M
EBITDA $146,528 $102,524 -$3.1M -$9.4M
EPS $0.02 $0.01 $-0.47 $-1.63
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 24, 2026 2:41pm (2d ago)
Metric 2022 2023 2024 2025
Cash & Equivalents $21,742 $1.8M $587,448 $1.9M
Total Current Assets $605,637 $1.8M $4.3M $23.6M
Total Assets $605,916 $2.0M $5.4M $26.0M
Current Liabilities $1.2M $2.5M $8.9M $30.4M
Long-Term Debt $0 $114,981 $95,442 $963,245
Total Liabilities $1.2M $2.6M $9.4M $31.4M
Total Equity $-629,985 $-571,794 -$4.0M -$5.4M
Retained Earnings -$7.7M -$7.6M -$11.0M -$20.0M
Cash Flow (Annual)
Last updated: Jun 24, 2026 2:41pm (2d ago)
Metric 2022 2023 2024 2025
Operating Cash Flow $-287,047 $30,176 -$4.7M -$6.6M
Capital Expenditure $-1 $-66,899 $-8,743 $-68,336
Free Cash Flow $-287,047 $-36,723 -$4.7M -$6.6M
Acquisitions (net) $0 $0 $0 $28,100
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 -$55.7M $0
Net Change in Cash $-8,047 $1.8M -$1.2M $1.3M
Growth Trends (YoY %)
Last updated: Jun 24, 2026 2:41pm (2d ago)
Metric 2023 2024 2025
Revenue Growth +67.7% -85.1% +1,941.8%
Gross Profit Growth +143.9% -89.5% +4,018.1%
Operating Income Growth +172.7% -3,728.2% -210.0%
Net Income Growth -59.8% -5,995.5% -162.9%
EBITDA Growth -30.0% -3,084.9% -208.3%
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for FOXX — it's generated by the pipeline (market-narrative step).
Community AI Feedback
No community reviews yet for FOXX. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30