FOXX: Foxx Development Holdings Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Foxx Development Holdings Inc (FOXX).

OverviewDividends

$45.24M Market Cap.

As of 05/15/2025 5:00 PM ET (MRY) • Disclaimer

FOXX Market Cap. (MRY)


FOXX Shares Outstanding (MRY)


FOXX Assets (MRY)


Total Assets

$5.37M

Total Liabilities

$9.38M

Total Investments

$0

FOXX Income (MRY)


Revenue

$3.23M

Net Income

-$3.43M

Operating Expense

$3.24M

FOXX Cash Flow (MRY)


CF Operations

-$4.68M

CF Investing

-$8.74K

CF Financing

$3.45M

FOXX Balance Sheet (MRY)


Metric

2024

2023

2022

2004

Total Assets

$5,374,422 (167.39%)

$2,009,919 (-97.76%)

$89,848,407 (11.52%)

$80,567,000 (17.24%)

Assets Current

$4,333,959 (136.02%)

$1,836,260 (159.57%)

$707,430 (-89.75%)

$6,905,000 (20.61%)

Assets Non-Current

$1,040,463 (499.14%)

$173,659 (-99.81%)

$89,140,977 (21.01%)

$73,662,000 (16.93%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$4,917,000 (13.48%)

Shareholders Equity

-$4,002,436 (-599.98%)

-$571,794 (70.78%)

-$1,957,001 (-103.69%)

$53,089,000 (15.00%)

Property Plant & Equipment Net

$548,377 (215.78%)

$173,659 (0%)

$0 (0%)

$68,381,000 (18.90%)

Cash & Equivalents

$587,448 (-67.81%)

$1,824,849 (233.32%)

$547,478 (-32.58%)

$812,000 (-0.12%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$649,450 (2405270.37%)

$27 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$89,140,977 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$89,140,977 (0%)

$0 (0%)

Inventory

$1,768,072 (0%)

$0 (0%)

$0 (0%)

$2,486,000 (18.55%)

Trade & Non-Trade Receivables

$252,034 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$1,448,028 (5692.11%)

$25,000 (0%)

$0 (0%)

$2,906,000 (-16.35%)

Accumulated Retained Earnings (Deficit)

-$11,026,928 (-45.16%)

-$7,596,286 (-288.12%)

-$1,957,217 (-108.26%)

$23,684,000 (35.24%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$97,000 (-92.40%)

Tax Liabilities

$0 (0%)

$15,842 (-94.55%)

$290,635 (-92.52%)

$3,885,000 (102.13%)

Total Debt

$6,811,155 (170.99%)

$2,513,391 (0%)

$0 (0%)

$7,824,000 (18.98%)

Debt Current

$6,383,278 (166.15%)

$2,398,410 (0%)

$0 (0%)

$3,255,000 (59.25%)

Debt Non-Current

$427,877 (272.13%)

$114,981 (0%)

$0 (0%)

$4,569,000 (0.82%)

Total Liabilities

$9,376,858 (263.20%)

$2,581,713 (-12.63%)

$2,955,066 (-89.25%)

$27,478,000 (21.82%)

Liabilities Current

$8,948,981 (262.79%)

$2,466,732 (703.57%)

$306,972 (-97.66%)

$13,141,000 (13.34%)

Liabilities Non-Current

$427,877 (272.13%)

$114,981 (-95.66%)

$2,648,094 (-81.53%)

$14,337,000 (30.78%)

FOXX Income Statement (MRY)


Metric

2024

2023

2022

2004

Revenues

$3,228,559 (-85.07%)

$21,622,887 (0%)

$0 (0%)

$149,164,000 (22.56%)

Cost of Revenue

$3,112,616 (-84.83%)

$20,514,107 (0%)

$0 (0%)

$40,619,000 (26.91%)

Selling General & Administrative Expense

$3,153,245 (320.17%)

$750,473 (14.03%)

$658,118 (-91.25%)

$7,520,000 (19.50%)

Research & Development Expense

$91,168 (-66.49%)

$272,080 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$3,244,413 (217.29%)

$1,022,553 (43.12%)

$714,479 (-99.28%)

$99,458,000 (23.00%)

Interest Expense

$278,328 (2900.19%)

$9,277 (0%)

$0 (0%)

$243,000 (-28.53%)

Income Tax Expense

$19,828 (39.27%)

$14,237 (-93.92%)

$234,274 (-91.25%)

$2,677,000 (-2.90%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$3,430,642 (-5995.49%)

$58,191 (-73.21%)

$217,224 (-96.48%)

$6,171,000 (7.42%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$3,430,642 (-5995.49%)

$58,191 (-73.21%)

$217,224 (-96.48%)

$6,171,000 (7.42%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$3,430,642 (-5995.49%)

$58,191 (-73.21%)

$217,224 (-96.48%)

$6,171,000 (7.42%)

Weighted Average Shares

$1,000,000 (0.00%)

$1,000,000 (-85.40%)

$6,850,559 (-30.97%)

$9,924,187 (1.12%)

Weighted Average Shares Diluted

$1,000,000 (-0.16%)

$1,001,648 (-85.38%)

$6,850,559

-

Earning Before Interest & Taxes (EBIT)

-$3,132,486 (-3933.90%)

$81,705 (-81.90%)

$451,498 (-95.03%)

$9,091,000 (2.82%)

Gross Profit

$115,943 (-89.54%)

$1,108,780 (0%)

$0 (0%)

$108,545,000 (21.01%)

Operating Income

-$3,128,470 (-3728.18%)

$86,227 (112.07%)

-$714,479 (-107.86%)

$9,087,000 (2.78%)

FOXX Cash Flow Statement (MRY)


Metric

2024

2023

2022

2004

Net Cash Flow from Investing

-$8,743 (86.93%)

-$66,899 (99.92%)

-$87,975,000 (-287.33%)

-$22,713,000 (-26.04%)

Net Cash Flow from Financing

$3,451,421 (87.59%)

$1,839,830 (-97.94%)

$89,263,617 (17896.70%)

$496,000 (123.42%)

Net Cash Flow from Operations

-$4,680,079 (-15609.28%)

$30,176 (104.07%)

-$741,139 (-103.34%)

$22,216,000 (26.98%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$1,237,401 (-168.63%)

$1,803,107 (229.35%)

$547,478 (54847.80%)

-$1,000 (99.67%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

-$87,975,000 (0%)

$0 (0%)

Capital Expenditure

-$8,743 (86.93%)

-$66,899 (0%)

$0 (0%)

-$22,022,000 (-25.25%)

Issuance (Repayment) of Debt Securities

$3,892,798 (111.58%)

$1,839,830 (0%)

$0 (0%)

$37,000 (-96.60%)

Issuance (Purchase) of Equity Shares

$0 (0%)

$0 (0%)

$91,515,000 (19837.91%)

$459,000 (153.00%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$72,251 (247.04%)

$20,819 (0%)

$0 (0%)

$8,505,000 (20.98%)

FOXX Financial Metrics (MRY)


Metric

2024

2023

2022

2004

Gross Margin

3.60% (-29.41%)

5.10%

-

72.80% (-1.22%)

Profit Margin

-106.30% (-35533.33%)

0.30%

-

4.10% (-12.77%)

EBITDA Margin

-94.80% (-19060.00%)

0.50%

-

11.80% (-9.23%)

Return on Average Equity (ROAE)

88.50% (2781.82%)

-3.30% (80.59%)

-17.00% (-244.07%)

11.80% (-5.60%)

Return on Average Assets (ROAA)

-16.80% (-16900.00%)

0.10% (-66.67%)

0.30% (-96.39%)

8.30% (-7.78%)

Return on Sales (ROS)

-97.00% (-24350.00%)

0.40%

-

6.10% (-16.44%)

Return on Invested Capital (ROIC)

-16.50% (-8350.00%)

0.20% (-71.43%)

0.70% (-95.10%)

14.30% (-12.80%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-3.32 (-101.84%)

180.42 (2306.70%)

-8.18 (-143.00%)

19.02 (-7.28%)

Price to Sales Ratio (P/S)

3.53 (604.19%)

0.5

-

0.78 (-19.67%)

Price to Book Ratio (P/B)

-11.3 (89.71%)

-109.8 (-95.02%)

-56.3 (-2654.58%)

2.2 (-14.34%)

Debt to Equity Ratio (D/E)

-2.34 (48.11%)

-4.51 (-199.01%)

-1.51 (-391.51%)

0.52 (5.93%)

Earnings Per Share (EPS)

-3.43 (-5816.67%)

0.06 (104.80%)

-1.25 (-301.61%)

0.62 (5.08%)

Sales Per Share (SPS)

3.23 (-85.07%)

21.62 (0%)

0 (0%)

15.03 (21.20%)

Free Cash Flow Per Share (FCFPS)

-4.69 (-12572.97%)

-0.04 (65.74%)

-0.11 (-640.00%)

0.02 (322.22%)

Book Value Per Share (BVPS)

-4 (-599.65%)

-0.57 (-100.00%)

-0.29 (-105.35%)

5.35 (13.71%)

Tangible Assets Book Value Per Share (TABVPS)

5.37 (167.36%)

2.01 (-84.67%)

13.12 (72.05%)

7.62 (16.20%)

Enterprise Value Over EBIT (EV/EBIT)

-15 (-101.96%)

767 (215.64%)

243 (1635.71%)

14 (0.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

-15.43 (-102.53%)

611.06 (151.96%)

242.53 (3343.98%)

7.04 (-10.97%)

Asset Turnover

0.16 (-59.80%)

0.39 (0%)

0 (0%)

2.02 (5.43%)

Current Ratio

0.48 (-34.95%)

0.74 (-67.72%)

2.31 (339.05%)

0.53 (6.28%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$4,688,822 (-12668.08%)

-$36,723 (95.05%)

-$741,139 (-482.03%)

$194,000 (320.45%)

Enterprise Value (EV)

$47,224,524 (-24.62%)

$62,648,058 (-42.79%)

$109,499,362 (-11.64%)

$123,918,165 (-1.29%)

Earnings Before Tax (EBT)

-$3,410,814 (-4809.25%)

$72,428 (-83.96%)

$451,498 (-94.90%)

$8,848,000 (4.07%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$3,060,235 (-3084.90%)

$102,524 (-77.29%)

$451,498 (-97.43%)

$17,596,000 (10.86%)

Invested Capital

$2,649,148 (1043.21%)

$231,729 (-99.74%)

$88,993,957 (28.01%)

$69,521,000 (18.72%)

Working Capital

-$4,615,022 (-631.99%)

-$630,472 (-257.44%)

$400,458 (106.42%)

-$6,236,000 (-6.25%)

Tangible Asset Value

$5,374,422 (167.39%)

$2,009,919 (-97.76%)

$89,848,407 (18.77%)

$75,650,000 (17.49%)

Market Capitalization

$45,236,911 (-27.95%)

$62,785,554 (-43.02%)

$110,184,375 (-5.83%)

$117,006,165 (-1.47%)

Average Equity

-$3,875,052 (-117.33%)

-$1,782,994 (-39.85%)

-$1,274,907 (-102.43%)

$52,491,000 (14.55%)

Average Assets

$20,373,432 (-62.95%)

$54,996,319 (-18.13%)

$67,173,592 (-9.12%)

$73,918,000 (16.27%)

Invested Capital Average

$19,027,703 (-64.69%)

$53,888,669 (-18.91%)

$66,452,700 (4.31%)

$63,707,500 (18.04%)

Shares

3,971,634 (-31.52%)

5,799,944 (-46.20%)

10,781,250 (8.64%)

9,924,187 (1.12%)