FOXX—56

Foxx Development Holdings Inc

Computer & Electronics RetailersVerified

Score breakdown

Sentiment+18Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations3

Foxx Development Holdings Inc has a negative equity position of -$5.36 million and a debt-to-equity ratio of -0.02, indicating a capital structure heavily reliant on liabilities [doc:HA-latest]. The company's liquidity position is rated as medium, with a current ratio of 0.78, suggesting limited short-term liquidity to cover immediate obligations [doc:HA-latest]. Operating cash flow is negative at -$6.56 million, and free cash flow is -$9.04 million, indicating ongoing cash outflows from operations [doc:HA-latest]. Profitability metrics show a return on equity of 1.68, but a negative return on assets of -0.3469, highlighting inefficiencies in asset utilization [doc:HA-latest]. Gross profit of $4.77 million is modest relative to revenue of $65.92 million, and the company reported an operating loss of -$9.70 million and a net loss of -$9.02 million, underscoring significant operational challenges [doc:HA-latest]. The company's revenue is concentrated in the United States, with no disclosed segment or geographic diversification provided in the input data. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes [doc:HA-latest]. Growth trajectory is not clearly defined in the input data, but the company is in the process of developing end-to-end communication terminals and IoT solutions, as well as a cloud platform to connect its devices [doc:HA-latest]. However, the negative operating and net income suggest that these initiatives have not yet translated into profitability [doc:HA-latest]. The company faces liquidity and solvency risks, with a negative net cash position after subtracting total debt. The risk of dilution is rated as low, but the company's negative equity and high liabilities could necessitate future capital raising, potentially leading to share dilution [doc:HA-latest]. Recent events include the development of a cloud platform to enhance IoT operations and data analytics, as well as the expansion of product offerings in the U.S. public channels. However, the company's financial performance remains a concern, with ongoing losses and negative cash flows [doc:HA-latest].

Profile

CompanyFoxx Development Holdings Inc

TickerFOXX.O

SectorConsumer Cyclicals

BusinessRetailers

Industry groupRetailers

IndustryComputer & Electronics Retailers

AI analysis

Business. Foxx Development Holdings Inc provides consumer electronics and integrated IoT solutions to retail and institutional clients, generating revenue through sales, retail, distribution, and after-sales support services, as well as research and development of customization standards [doc:HA-latest].

Classification. Foxx Development Holdings Inc is classified under the Consumer Cyclicals economic sector, Retailers business sector, and Computer & Electronics Retailers industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Foxx Development Holdings Inc has a negative equity position and a high debt-to-equity ratio, indicating significant financial leverage and solvency risks.
The company's profitability is weak, with a negative return on assets and a net loss, suggesting operational inefficiencies.
Revenue is concentrated in the United States, increasing exposure to regional economic and regulatory risks.
The company is investing in IoT and cloud platform development, but these initiatives have not yet translated into profitability.
Liquidity is constrained, with a current ratio below 1 and negative operating and free cash flows.
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Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$65.9M

Gross profit$4.8M

Operating income-$9.7M

Net income-$9.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$6.6M

CapEx-$68.3k

Free cash flow-$9.0M

Total assets$26.0M

Total liabilities$31.4M

Total equity-$5.4M

Cash & equivalents—

Long-term debt$97.2k

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book-$5.4M

Net cash-$97.2k

Current ratio0.8

Debt/Equity-0.0

ROA-34.7%

ROE1.7%

Cash conversion73.0%

CapEx/Revenue-0.1%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Retailers · cohort 2 companies

MetricFOXXActivity

Op margin-14.7%20.7% medp25 18.7% · p75 22.8%bottom quartile

Net margin-13.7%15.6% medp25 13.4% · p75 17.7%bottom quartile

Gross margin7.2%31.0% medp25 19.6% · p75 40.5%bottom quartile

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-0.1%4.6% medp25 3.2% · p75 5.9%bottom quartile

Debt / equity-2.0%39.3% medp25 19.7% · p75 97.3%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 08:39 UTC#210b8fb1

Source: analysis-pipeline (hybrid)Generated: 2026-05-04 08:40 UTCJob: 37d44727