Financial Snapshot

Revenue
$428.6K
TTM
Gross Margin
Net Earnings
-$28.18M
TTM
Current Assets
$39.89M
Q2 2024
Current Liabilities
$7.333M
Q2 2024
Current Ratio
544.01%
Q2 2024
Total Assets
$59.23M
Q2 2024
Total Liabilities
$582.4K
Q2 2024
Book Value
$58.65M
Q2 2024
Cash
$34.58M
Q2 2024
P/E
-12.93
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $215.5K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $344.6K $0.00
YoY Change -100.0%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $215.5K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $344.6K $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $19.97M $11.59M $9.338M $4.856M $1.134M $9.315M $1.635M $5.491M $5.245M
YoY Change 72.34% 24.1% 92.31% 328.24% -87.83% 469.78% -70.23% 4.7%
% of Gross Profit
Research & Development $11.34M $8.345M $4.850M $2.677M $59.78K -$2.317M -$195.7K $591.2K $1.338M
YoY Change 35.86% 72.07% 81.18% 4377.63% -102.58% 1083.75% -133.11% -55.8%
% of Gross Profit
Depreciation & Amortization $0.00 $5.930K $44.82K $73.97K
YoY Change -100.0% -86.77% -39.41%
% of Gross Profit
Operating Expenses $31.31M $19.93M $14.19M $7.533M $1.194M $5.713M $1.439M $6.127M $6.656M
YoY Change 57.07% 40.5% 88.35% 531.04% -79.11% 296.98% -76.51% -7.95%
Operating Profit
YoY Change

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $19.29M -$2.298M $1.105M $219.4K -$4.292M $1.629M $944.2K $209.0K $559.0K
YoY Change -939.33% -307.98% 403.57% -105.11% -363.53% 72.48% 351.74% -62.61%
% of Operating Profit
Other Income/Expense, Net $317.2K $3.946M $177.9K $648.1K $91.74K $0.00 $285.3K
YoY Change -91.96% 2118.24% -72.55% 606.41% -100.0%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income -$11.49M -$18.29M -$12.91M -$10.55M -$5.360M $299.9K -$39.00M -$5.574M -$32.61M
YoY Change -37.18% 41.7% 22.31% 96.87% -1887.24% -100.77% 599.69% -82.91%
Income Tax
% Of Pretax Income
Net Earnings -$9.631M -$17.03M -$11.93M -$9.381M -$5.360M $299.9K -$39.00M -$5.574M -$32.61M
YoY Change -43.43% 42.73% 27.15% 75.04% -1887.24% -100.77% 599.69% -82.91%
Net Earnings / Revenue -4468.95% -1617.29%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.38 -$0.69 -$0.17 -$0.24 -$1.07 $0.06 -$7.75 -$0.37 -$2.16

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $21.80M $11.95M $14.19M $16.41M $13.58M $14.09M $16.72M
YoY Change 82.43% -15.8% -13.5% 20.85% -3.6% -15.77%
Cash & Equivalents $19.36M $8.862M
Short-Term Investments $2.446M $3.090M $6.874M $9.411M $12.59M $11.87M $13.68M
Other Short-Term Assets $297.0K $1.381M $30.85K $10.78K $46.07K $27.01K
YoY Change -78.49% 4375.27% 186.18% 70.57%
Inventory
Prepaid Expenses
Receivables $0.00 $2.003M $2.156M
Other Receivables $63.95K $34.15K $2.557M
Total Short-Term Assets $23.84M $14.92M $14.33M $16.47M $13.64M $16.17M $21.46M
YoY Change 59.76% 4.18% -13.01% 20.71% -15.63% -24.67%
Property, Plant & Equipment $343.4K $343.4K $352.0K $401.1K
YoY Change 0.0% -2.46% -12.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.451M $2.085M $3.806M $9.585M $10.15M $10.15M $10.15M
YoY Change 161.48% -45.23% -60.29% -5.55% 0.0% 0.0%
Other Assets $0.00 $1.763M $38.50M $38.50M
YoY Change -100.0% -95.42% 0.0%
Total Long-Term Assets $5.451M $2.085M $3.806M $10.36M $17.10M $53.96M $54.43M
YoY Change 161.48% -45.23% -63.25% -39.43% -68.31% -0.86%
Total Assets $29.29M $17.01M $18.13M $26.82M $30.74M $70.12M $75.89M
YoY Change
Accounts Payable $1.353M $3.212M $300.7K $32.95K $174.2K $85.75K $300.0K
YoY Change -57.88% 967.99% 812.63% -81.09% 103.2% -71.41%
Accrued Expenses $166.2K $1.639M $1.612M
YoY Change 1.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.353M $3.212M $300.7K $199.1K $174.2K $1.733M $1.951M
YoY Change -57.88% 967.99% 51.03% 14.27% -89.94% -11.2%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $716.5K $805.0K $1.997M $824.3K $824.3K
YoY Change -10.99% -59.68% 142.22% 0.0%
Total Long-Term Liabilities $0.00 $0.00 $716.5K $805.0K $1.997M $824.3K $824.3K
YoY Change -100.0% -10.99% -59.68% 142.22% 0.0%
Total Liabilities -$1.344M $1.491M $1.256M $1.242M $2.409M $2.795M $3.014M
YoY Change -190.11% 18.77% 1.06% -48.43% -13.81% -7.25%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $364.35 Million

About Abaxx Technologies Inc.

Abaxx Technologies, Inc. development-stage financial technology company, which develops software tools that enable commodity traders and finance professionals to communicate trade and transact faster and more securely. The company is headquartered in Toronto, Ontario. The company went IPO on 2020-12-18. The firm is primarily focused on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. The firm is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition.

Industry: Services-Prepackaged Software Peers: D-Wave Quantum Inc.