Foxx Development Holdings Inc. (FOXX) 10-Year Financial Performance & Capital Metrics

FOXX • • Industrial / General

TechnologyConsumer ElectronicsSmartphones & Mobile DevicesBudget Mobile Devices

AboutFoxx Development Holdings Inc. sells, retails, and distributes smartphones and tablets under the Foxx brand in the United States. The company also offers wearables, and other communication terminals. In addition, it is involved in the after-sales support and research and development of new customization standards and services. The company sells its products to budget conscious/practical shopper, first-time tablets or smartphone users, and parents of first-time tablets or smartphone users through partnered telecommunication carriers' online and physical retail stores. Foxx Development Holdings Inc. was founded in 2017 and is headquartered in Irvine, California.Show more

Revenue $66M +1941.5%
EBITDA -$9M -208.8%
Net Income -$9M -162.9%
EPS (Diluted) -1.47 -212.8%
Gross Margin 7.24% +101.7%
EBITDA Margin -14.31% +84.9%
Operating Margin -14.71% +84.8%
Net Margin -13.68% +87.1%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -1.96 +82.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Share count reduced 15.4% through buybacks
✓Efficient asset utilization: 2.5x turnover

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y72.27%

TTM139.29%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-86.7%

EPS CAGR

10Y-

5Y-

3Y-

TTM-17.84%

ROCE

10Y Avg3520.61%

5Y Avg3520.61%

3Y Avg3520.61%

Latest-

Peer Comparison

Budget Mobile Devices

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
WTOUTime Limited	1.5M	0.77	0	45.8%	-67.42%	-67.57%
FOXXFoxx Development Holdings Inc.	28.8M	4.08	-2.78	19.41%	-15.26%

Profit & Loss

	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Sales/Revenue+	12.89M	21.62M	3.23M	65.92M
Revenue Growth %	-	0.68%	-0.85%	19.41%
Cost of Goods Sold+	12.44M	20.51M	3.11M	61.14M
COGS % of Revenue	0.96%	0.95%	0.96%	0.93%
Gross Profit+	454.58K	1.11M	115.94K	4.77M
Gross Margin %	0.04%	0.05%	0.04%	0.07%
Gross Profit Growth %	-	1.44%	-0.9%	40.18%
Operating Expenses+	422.95K	1.02M	3.24M	14.47M
OpEx % of Revenue	0.03%	0.05%	1%	0.22%
Selling, General & Admin	422.95K	750.47K	3.15M	12.25M
SG&A % of Revenue	0.03%	0.03%	0.98%	0.19%
Research & Development	0	272.08K	91.17K	136.75K
R&D % of Revenue	-	0.01%	0.03%	0%
Other Operating Expenses	0	0	-413	2.08M
Operating Income+	31.62K	86.23K	-3.13M	-9.7M
Operating Margin %	0%	0%	-0.97%	-0.15%
Operating Income Growth %	-	1.73%	-37.28%	-2.1%
EBITDA+	31.93K	107.05K	-3.06M	-9.44M
EBITDA Margin %	0%	0%	-0.95%	-0.14%
EBITDA Growth %	-	2.35%	-29.55%	-2.09%
D&A (Non-Cash Add-back)	305	20.82K	72.25K	262.05K
EBIT	146.22K	451.5K	-3.13M	-3.98M
Net Interest Income+	0	-9.28K	-278K	-4.96M
Interest Income	0	0	0	0
Interest Expense	0	9.28K	278.33K	4.96M
Other Income/Expense	114.6K	-13.8K	-283.17K	754.54K
Pretax Income+	146.22K	72.43K	-3.41M	-8.94M
Pretax Margin %	0.01%	0%	-1.06%	-0.14%
Income Tax+	1.6K	14.24K	19.83K	76.74K
Effective Tax Rate %	0.99%	0.8%	1.01%	1.01%
Net Income+	144.62K	58.19K	-3.43M	-9.02M
Net Margin %	0.01%	0%	-1.06%	-0.14%
Net Income Growth %	-	-0.6%	-59.96%	-1.63%
Net Income (Continuing)	144.62K	58.19K	-3.43M	-9.02M
Discontinued Operations	0	0	0	0
Minority Interest	0	0	0	0
EPS (Diluted)+	0.02	0.01	-0.47	-1.47
EPS Growth %	-	-0.6%	-	-2.13%
EPS (Basic)	0.02	0.01	-0.47	-1.47
Diluted Shares Outstanding	10.78M	7.27M	7.27M	6.15M
Basic Shares Outstanding	10.78M	7.27M	7.27M	6.15M
Dividend Payout Ratio	-	-	-	-

Balance Sheet

	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Total Current Assets+	605.64K	1.84M	4.33M	23.65M
Cash & Short-Term Investments	21.74K	1.82M	587.45K	1.88M
Cash Only	21.74K	1.82M	587.45K	1.88M
Short-Term Investments	0	0	0	0
Accounts Receivable	583.89K	0	1.93M	6.79M
Days Sales Outstanding	16.53	-	218.64	37.58
Inventory	0	0	1.77M	12.69M
Days Inventory Outstanding	-	-	207.31	75.73
Other Current Assets	0	0	11.02K	632.66K
Total Non-Current Assets+	279	173.66K	1.04M	2.22M
Property, Plant & Equipment	279	173.66K	548.38K	1.2M
Fixed Asset Turnover	46215.05x	124.51x	5.89x	55.16x
Goodwill	0	0	0	0
Intangible Assets	0	0	0	0
Long-Term Investments	0	89.14M	36.67M	0
Other Non-Current Assets	0	-89.14M	-36.18M	1.02M
Total Assets+	605.92K	2.01M	5.37M	26M
Asset Turnover	21.28x	10.76x	0.60x	2.54x
Asset Growth %	-	2.32%	1.67%	3.84%
Total Current Liabilities+	1.24M	2.47M	8.95M	30.4M
Accounts Payable	84.92K	0	1.4M	26.24M
Days Payables Outstanding	2.49	-	163.78	156.67
Short-Term Debt	536.76K	2.4M	6.31M	235.27K
Deferred Revenue (Current)	609.23K	27	649.45K	0
Other Current Liabilities	0	0	0	3.92M
Current Ratio	0.49x	0.74x	0.48x	0.78x
Quick Ratio	0.49x	0.74x	0.29x	0.36x
Cash Conversion Cycle	-	-	262.16	-43.36
Total Non-Current Liabilities+	2.59M	114.98K	427.88K	963.25K
Long-Term Debt	0	114.98K	95.44K	963.25K
Capital Lease Obligations	0	0	332.44K	0
Deferred Tax Liabilities	0	60.59K	0	0
Other Non-Current Liabilities	2.59M	2.59M	0	0
Total Liabilities	1.24M	2.58M	9.38M	31.36M
Total Debt+	536.76K	2.51M	6.81M	1.2M
Net Debt	515.02K	688.54K	6.22M	-676.94K
Debt / Equity	-	-	-	-
Debt / EBITDA	16.81x	23.48x	-	-
Net Debt / EBITDA	16.13x	6.43x	-	-
Interest Coverage	-	9.29x	-11.24x	-1.96x
Total Equity+	-629.99K	-571.79K	-4M	-5.36M
Equity Growth %	-	0.09%	-6%	-0.34%
Book Value per Share	-0.06	-0.08	-0.55	-0.87
Total Shareholders' Equity	-629.99K	-571.79K	-4M	-5.36M
Common Stock	1K	1K	1K	678
Retained Earnings	-7.65M	-7.6M	-11.03M	-20.05M
Treasury Stock	0	0	0	0
Accumulated OCI	0	0	0	-5K
Minority Interest	0	0	0	0

Cash Flow

	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	-287.05K	30.18K	-4.68M	-6.56M
Operating CF Margin %	-0.02%	0%	-1.45%	-0.1%
Operating CF Growth %	-	1.11%	-156.09%	-0.4%
Net Income	144.62K	58.19K	-3.43M	-9.02M
Depreciation & Amortization	305	20.82K	72.25K	262.05K
Stock-Based Compensation	0	0	0	815.68K
Deferred Taxes	0	0	0	0
Other Non-Cash Items	-114.6K	3.5K	264.44K	-4.63M
Working Capital Changes	-317.37K	-52.33K	-1.59M	6.01M
Change in Receivables	0	0	-1.93M	-5.91M
Change in Inventory	0	0	-1.77M	-10.92M
Change in Payables	-319.87K	-84.92K	1.4M	24.85M
Cash from Investing+	0	-66.9K	-8.74K	-40.24K
Capital Expenditures	0	-66.9K	-8.74K	-68.34K
CapEx % of Revenue	-	0%	0%	0%
Acquisitions	-	-	-	-
Investments	-	-	-	-
Other Investing	0	0	0	0
Cash from Financing+	279K	1.84M	3.45M	7.89M
Debt Issued (Net)	-	-	-	-
Equity Issued (Net)	-	-	-	-
Dividends Paid	0	0	0	0
Share Repurchases	-	-	-	-
Other Financing	0	-91.52M	55.22M	-20.63M
Net Change in Cash	-	-	-	-
Free Cash Flow+	-287.05K	-36.72K	-4.69M	-6.63M
FCF Margin %	-0.02%	-0%	-1.45%	-0.1%
FCF Growth %	-	0.87%	-126.68%	-0.41%
FCF per Share	-0.03	-0.01	-0.64	-1.08
FCF Conversion (FCF/Net Income)	-1.98x	0.52x	1.36x	0.73x
Interest Paid	0	7.1K	13.66K	0
Taxes Paid	0	0	35.67K	0

Key Ratios

Metric	2022	2023	2024	2025
Return on Invested Capital (ROIC)	-	7241.91%	-200.68%	-
Gross Margin	3.53%	5.13%	3.59%	7.24%
Net Margin	1.12%	0.27%	-106.26%	-13.68%
Interest Coverage	-	9.29x	-11.24x	-1.96x
FCF Conversion	-1.98x	0.52x	1.36x	0.73x
Revenue Growth	-	67.7%	-85.07%	1941.47%

Revenue by Segment

	2025
Operatings	65.92M
Operatings Growth	-

Frequently Asked Questions

Growth & Financials

Foxx Development Holdings Inc. (FOXX) reported $63.0M in revenue for fiscal year 2025. This represents a 389% increase from $12.9M in 2022.

Foxx Development Holdings Inc. (FOXX) grew revenue by 1941.5% over the past year. This is strong growth.

Foxx Development Holdings Inc. (FOXX) reported a net loss of $9.6M for fiscal year 2025.

Dividend & Returns

Foxx Development Holdings Inc. (FOXX) had negative free cash flow of $6.8M in fiscal year 2025, likely due to heavy capital investments.

← Back to Screener