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Nov 14, 2025 4:50 PM

XMax Inc. Reports Third Quarter 2025 Financial Results

LOS ANGELES, Nov. 14, 2025 (GLOBE NEWSWIRE) -- XMax Inc. ("Xmax" or the "Company") (NASDAQ:XWIN), today announced its unaudited financial results for the three months ended September 30, 2025.

Operating Results for the Three Months ended September 30, 2025

Net Sales grew by 273% to $9.76 million from $2.62 million in the same period of 2024.

Gross profit was $0.98 million, compared to $1.18 million in the same period of 2024.

Net loss was $1.13 million, compared to a net loss of $2.47 million in the same period of 2024.

Operating Results for the Nine Months Ended September 30, 2025:

Net Sales grew by 95% to $14.95 million from $7.68 million in the same period of 2024.

Gross profit was $3.47 million, compared to $3.39 million in the same period of 2024.

Net loss was $1.76 million, compared to a net loss of $4.49 million in ...