In fiscal 2025, which ended Oct 31, 2025, Kaival Brands Innovations Group, Inc. reported revenue of $484,661, down 93.0% from the year before. It recorded a net loss of $16.6 million. Diluted earnings per share were -$1.51. Over the twelve months ended Jul 31, 2026, revenue was $278,310 and the net loss was $11.5 million. Across the 6 fiscal years shown, revenue shrank from $64.3 million in fiscal 2020 to $484,661 in fiscal 2025, about 62.4% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jul 31, 2026
|
FY 2025
Oct 31, 2025
|
FY 2024
Oct 31, 2024
|
FY 2023
Oct 31, 2023
|
FY 2022
Oct 31, 2022
|
FY 2021
Oct 31, 2021
|
FY 2020
Oct 31, 2020
|
FY 2019
Oct 31, 2019
|
|---|---|---|---|---|---|---|---|---|
| Revenue |
0
-75.3%
|
0
-93.0%
|
7
-47.4%
|
13
+2.6%
|
13
-78.3%
|
59
-8.6%
|
64
|
—
|
| Cost of revenue |
—
|
—
|
4
-59.3%
|
11
-8.7%
|
12
-75.4%
|
47
-13.7%
|
54
|
—
|
| Gross profit |
—
|
0
-81.4%
|
3
+1.2%
|
3
+107.5%
|
1
-89.6%
|
12
+18.6%
|
10
|
—
|
| Selling, general and administrative |
3
-68.0%
|
7
-4.5%
|
8
-29.3%
|
11
-16.7%
|
13
-32.6%
|
19
+715.2%
|
2
+3321.9%
|
0
|
| Operating income |
—
|
—
|
30
+25.2%
|
24
+428.9%
|
4
+12.5%
|
4
|
—
|
—
|
| Pretax income |
-11
-41.3%
|
-17
-149.2%
|
-7
+40.0%
|
-11
+22.6%
|
-14
-37.4%
|
-10
-295.3%
|
5
|
—
|
| Income tax |
—
|
-0
-196.4%
|
0
+737.2%
|
0
+112.8%
|
-0
+98.7%
|
-1
+5.3%
|
-2
|
—
|
| Net income |
-11
-41.3%
|
-17
-148.2%
|
-7
+39.8%
|
-11
+22.5%
|
-14
-59.1%
|
-9
-334.9%
|
4
+5685.9%
|
-0
|
| Basic EPS |
—
|
-1.51
+6.8%
|
-1.62
+60.8%
|
-4.13
|
—
|
—
|
—
|
—
|
| Diluted EPS |
-0.85
-3.9%
|
-1.51
+6.8%
|
-1.62
+60.8%
|
-4.13
|
—
|
—
|
—
|
—
|
| Weighted average shares, basic |
—
|
11
+155.7%
|
4
+58.5%
|
3
|
—
|
—
|
—
|
—
|
| Weighted average shares, diluted |
13
+35.9%
|
11
+155.7%
|
4
+58.5%
|
3
|
—
|
—
|
—
|
—
|
| Other measures | ||||||||
| Interest coverage |
—
|
—
|
40.85x
|
—
|
—
|
—
|
—
|
—
|
| Margins | ||||||||
| Gross margin |
—
|
100.00%
|
37.83%
|
19.67%
|
9.72%
|
20.30%
|
15.64%
|
—
|
| Operating margin |
—
|
—
|
432.72%
|
181.86%
|
35.26%
|
6.81%
|
—
|
—
|
| Pretax margin |
-4,114.48%
|
-3,435.15%
|
-96.99%
|
-85.05%
|
-112.75%
|
-17.81%
|
8.33%
|
—
|
| Profit margin |
-4,114.48%
|
-3,431.24%
|
-97.28%
|
-85.07%
|
-112.61%
|
-15.37%
|
5.98%
|
—
|
| Effective tax rate |
—
|
—
|
—
|
—
|
—
|
—
|
-28.26%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Retail-Nonstore Retailers (SIC 5960)
- Listed as
- KAVL (OTC)
- Fiscal year ends
- October 31
- Headquarters
- Grant-Valkaria, FL
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1762239
- Former names
- Quick Start Holdings, Inc. (until Jun 12, 2019)
Other Retail-Nonstore Retailers companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.