Karbon-X Corp. KARX
Perfumes, Cosmetics & Other Toilet Preparations · CIK 0001729637 · Fiscal year ends 0531
Revenue
$55.86M
Fiscal year ended 2026-05-31Operating income
-$11.07M
Fiscal year ended 2026-05-31Free cash flow
-$7.87M
Fiscal year ended 2026-05-31Valuation, from the filing
| Public float | $31.87M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-11-30 |
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| Float per share | $0.32 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
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| Float / revenue | 0.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
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Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-11-30, not today, and each multiple below it uses the figures for the fiscal year ending 2026-05-31 — the year that filing covered.
How this compares in its industry
Percentile among the Perfumes, Cosmetics & Other Toilet Preparations filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
Karbon-X Corp. (KARX) reported revenue of $55.86M and net income of -$13.59M for the fiscal year ended 2026-05-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from Karbon-X Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Perfumes, Cosmetics & Other Toilet Preparations.
Income
Karbon-X Corp. income by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
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| Revenue | $55.86M | $3.16M | $412.06K | $9.83K | $0 | $0 | $0 | $0 |
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| Cost of revenue | $55.00M | $2.36M | $356.10K | $1.02K | $0 | —Unavailable | —Unavailable | —Unavailable |
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| Gross profit | $859.84K | $801.47K | $55.95K | $8.81K | $0 | —Unavailable | —Unavailable | —Unavailable |
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| Operating income | -$11.07M | -$6.65M | -$1.51M | -$1.98M | -$238.74K | —Unavailable | —Unavailable | —Unavailable |
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| Net income | -$13.59M | -$7.05M | -$2.74M | -$1.99M | -$234.75K | -$30.69K | -$36.45K | -$15.29K |
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| Research & development | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Weighted-average diluted shares | shares 86.72M | shares 83.56M | shares 77.17M | —Unavailable | shares 64.96M | —Unavailable | —Unavailable | —Unavailable |
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| Pretax income | -$13.59M | -$7.05M | -$2.74M | -$1.99M | -$238.74K | —Unavailable | —Unavailable | —Unavailable |
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| Income tax expense | $0 | $0 | —Unavailable | —Unavailable | —Unavailable | $0 | $0 | $0 |
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| Diluted EPS | $-0.16 | $-0.08 | $-0.04 | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Selling, general & administrative | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| General & administrative | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | $6.19K | $4.65K | $2.59K |
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| Selling & marketing | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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Balance
Karbon-X Corp. balance by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
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| Cash & equivalents | —Unavailable | —Unavailable | $2.68M | $206.82K | $477.34K | $0 | $494 | $54 |
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| Total assets | $9.62M | $6.78M | $3.97M | $2.52M | $671.60K | —Unavailable | —Unavailable | —Unavailable |
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| Current assets | $6.06M | $5.79M | $3.11M | $312.17K | $490.96K | $20.35K | $494 | $54 |
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| Total liabilities | $15.60M | $8.15M | $1.14M | $249.90K | $33.73K | —Unavailable | —Unavailable | —Unavailable |
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| Current liabilities | $10.10M | $7.69M | $839.77K | $194.48K | $33.73K | $85.60K | $35.06K | $13.06K |
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| Total equity incl. NCI | -$5.98M | -$1.37M | $2.83M | $2.27M | $637.87K | $0 | $34.56K | -$13.00K |
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| Temporary (mezzanine) equity | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Inventory | $649.97K | $99.64K | $316.74K | $80.75K | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Accounts receivable | $634.29K | $1.78K | $120.28K | $45.59K | $10.81K | —Unavailable | —Unavailable | —Unavailable |
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| Goodwill | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Long-term debt | $4.88M | $0 | $0 | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Accounts payable | $2.26M | $1.09M | $127.22K | $69.73K | $30.75K | $4.21K | $6.50K | $4.70K |
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Cash flow
Derived
Karbon-X Corp. derived by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
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| Free cash flow | -$7.87M | -$6.50M | -$1.10M | -$1.49M | -$187.84K | —Unavailable | —Unavailable | —Unavailable |
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| Gross margin | 1.5% | 25.3% | 13.6% | 89.6% | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Operating margin | -19.8% | -210.1% | -366.7% | -20146.7% | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| FCF margin | -14.1% | -205.5% | -266.5% | -15174.7% | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| SBC / revenue | 2.3% | 19.8% | 0.0% | 6356.1% | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Current ratio | 0.60x | 0.75x | 3.71x | 1.61x | 14.56x | 0.24x | 0.01x | 0.00x |
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| Revenue YoY growth | 1665.6% | 667.8% | 4090.6% | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Net margin | -24.3% | -222.9% | -666.1% | -20216.4% | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| R&D / revenue | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| CapEx / revenue | 0.0% | 0.1% | 0.0% | 71.8% | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Long-term debt / equity | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Effective tax rate | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open KARX in the interactive workspace to inspect any figure back to its filing.
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.