AXIL Brands, Inc. engages in the manufacture, marketing, distribution, and sale of hearing and audio enhancement and protection products in the United States, Canada, Europe, Australia, New Zealand, Africa, and Asia. The company operates through Hearing Enhancement and Protection, and Hair and Skin Care segments. It provides ear plugs, earmuffs, ear buds, and outdoor speakers under the AXIL brand. The company also provides shampoo, conditioner, scalp treatments, styling aids, and skin health solutions under the Reviv3 Procare brand, as well as cleansing, conditioning, repair, protection, and volume enhancement products. It sells GS Extreme, a Bluetooth-enabled earbuds for sound enhancement and hearing protection; XCOR True Wireless, a Digital earbud with touch control; TRACKR Blu, a Bluetooth audio earmuffs with advanced sound enhancement and protection; and X-PRO, a passive ear protections. The company sells its products through direct-to-consumer e-commerce channels, various third-party online platforms, distributors, and salon partnerships. It serves the sporting goods, recreational, military, federal agent, law enforcement, tactical, and industrial sectors. The company was formerly known as Reviv3 Procare Company and changed its name to AXIL Brands, Inc. in February 2024. AXIL Brands, Inc. was incorporated in 2015 and is headquartered in Beverly Hills, California.
AXIL Brands, Inc. Reports First Quarter Fiscal 2027 Financial Results
AXIL Brands reported Q1 FY2027 revenue of $6.1 million, down 11.2% year-over-year, reflecting the planned XCOR-to-XCOR II transition and a non-repeating prior-year big-box order.
Profitability improved despite the revenue decline: net income rose to $0.4 million ($0.05 diluted EPS), adjusted EBITDA reached $0.8 million at a 13.6% margin, and operating cash flow swung to $3.8 million, ending the quarter with $7.9 million in cash and no debt.
XCOR II, launched September 15, generated over $3.6 million in orders through September 30; management says launch spend and orders will convert to Q2 revenue, and the majority of the backlog has shipped.
AXIL also collected $0.9 million in IEEPA customs duty refunds and diluted Reviv3 by roughly 25% to strategic partners while retaining ~75% ownership and consolidation, with no cash deployed.