FY2026 · ended May 31, 2026 · Revenue $55.86M, +1665.6% YoY · Filed Sep 15, 2026
Karbon-X Corp. (KARX) files with the SEC under industry code 2844, Perfumes, Cosmetics & Other Toilet Preparations. In fiscal 2026, which ended May 31, 2026, it reported revenue of $55.9 million and a net loss of $13.6 million. Free cash flow was -$7.9 million. As of Aug 31, 2026 it held $335,445 in cash and investments and $5.3 million in total debt.
Revenue (TTM)
$20.55M
-46.9% vs year-ago TTM
Net income (TTM)
$-14.95M
-69.0% vs year-ago TTM
Operating cash flow (TTM)
$-6.38M
+17.3% vs year-ago TTM
Free cash flow
$-7.87M
-21.0% vs prior year
EPS (TTM)
$-0.17
Dividend per share
None
Shares outstanding
98.96M
+13.8% vs prior year
Net cash
$-5.00M
as of Aug 31, 2026
Operating margin
-55.2%
FY 2027
Company profile
- Industry
- Perfumes, Cosmetics & Other Toilet Preparations (SIC 2844)
- Listed as
- KARX (OTC)
- Fiscal year ends
- May 31
- Incorporated in
- NV
- Headquarters
- Bellaire, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 1729637
- Former names
- COCOLUV INC. (until Jan 12, 2022)
Other Perfumes, Cosmetics & Other Toilet Preparations companies
- Colgate Palmolive Co CL
- Haleon plc HLN
- Estee Lauder Companies Inc EL
- e.l.f. Beauty, Inc. ELF
- Interparfums Inc IPAR
- Coty Inc. COTY
- EDGEWELL PERSONAL CARE Co EPC
- Oddity Tech Ltd ODD
All 22 Perfumes, Cosmetics & Other Toilet Preparations companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2026 May 31, 2026 |
FY 2025 May 31, 2025 |
FY 2024 May 31, 2024 |
FY 2023 May 31, 2023 |
FY 2022 May 31, 2022 |
|---|---|---|---|---|---|
| Revenue | $55.9M | $3.2M | $412,057 | $9,833 | $0 |
| Operating income | -$11.1M | -$6.6M | -$1.5M | -$2.0M | -$238,745 |
| Net income | -$13.6M | -$7.1M | -$2.7M | -$2.0M | -$234,746 |
| Diluted EPS | -$0.16 | -$0.08 | — | — | — |
| Operating cash flow | -$7.9M | -$6.5M | -$1.1M | -$1.5M | -$184,587 |
| Free cash flow | -$7.9M | -$6.5M | -$1.1M | -$1.5M | -$187,840 |
| Total assets | $9.6M | $6.8M | $4.0M | $2.5M | $671,600 |
| Total liabilities | $15.6M | $8.1M | $1.1M | $249,896 | $33,730 |
| Stockholders' equity | -$6.0M | -$1.4M | $2.8M | $2.3M | $637,870 |
| Cash and investments | $1.2M | $704,346 | $2.7M | $206,820 | $477,339 |
| Total debt | $5.4M | $520,741 | $495,068 | $225,518 | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q/A | Amended quarterly report | Oct 21, 2026 | Aug 31, 2026 |
| 10-Q | Quarterly report | Oct 20, 2026 | Aug 31, 2026 |
| 10-K | Annual report | Sep 15, 2026 | May 31, 2026 |
| 8-K | Current report | Jun 25, 2026 | Jun 20, 2026 |
| 8-K |
Current report
Material agreement
|
Jun 5, 2026 | May 29, 2026 |
| 10-Q | Quarterly report | Apr 20, 2026 | Feb 28, 2026 |
All 107 Karbon-X Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.