XMax FY25 net loss narrows 39% to $3.42 million; sales climb 73% to $16.72 million

• XMax posted a net loss of $3.4 million for fiscal 2025, narrowing from $5.6 million.
• Revenue rose 73% to $16.7 million.
• Gross margin sank 19 percentage points to 25% due to low-margin marble slab sales.
• Operations expanded into Hong Kong, where revenue reached $7.9 million on marble slab sales to one customer.
• Management said financial resources should be adequate to fund operations over the next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XMax Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-016828), on April 15, 2026, and is solely responsible for the information contained therein.