SequelSEC

Karbon-X Corp. KARX

Perfumes, Cosmetics & Other Toilet Preparations · CIK 0001729637 · Fiscal year ends 0531

Revenue
$55.86M
Fiscal year ended 2026-05-31
Operating income
-$11.07M
Fiscal year ended 2026-05-31
Free cash flow
-$7.87M
Fiscal year ended 2026-05-31

Valuation, from the filing

Public float$31.87MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-11-30
Float per share$0.32Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.6×A lower bound on the multiple, because affiliate holdings are excluded.

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.

MeasureReportedPercentile
CapEx / revenue0.0%0th
Current ratio0.60x0th
Gross margin1.5%0th
Revenue YoY growth1665.6%100th
FCF margin-14.1%11th
Operating margin-19.8%14th
Net margin-24.3%21th
SBC / revenue2.3%64th

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.
Metric2026-05-312025-05-312024-05-312023-05-312022-05-312021-05-312020-05-312019-05-31
Revenue$55.86M$3.16M$412.06K$9.83K$0$0$0$0
Cost of revenue$55.00M$2.36M$356.10K$1.02K$0UnavailableUnavailableUnavailable
Gross profit$859.84K$801.47K$55.95K$8.81K$0UnavailableUnavailableUnavailable
Operating income-$11.07M-$6.65M-$1.51M-$1.98M-$238.74KUnavailableUnavailableUnavailable
Net income-$13.59M-$7.05M-$2.74M-$1.99M-$234.75K-$30.69K-$36.45K-$15.29K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 86.72Mshares 83.56Mshares 77.17MUnavailableshares 64.96MUnavailableUnavailableUnavailable
Pretax income-$13.59M-$7.05M-$2.74M-$1.99M-$238.74KUnavailableUnavailableUnavailable
Income tax expense$0$0UnavailableUnavailableUnavailable$0$0$0
Diluted EPS$-0.16$-0.08$-0.04UnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable$6.19K$4.65K$2.59K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Karbon-X Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312025-05-312024-05-312023-05-312022-05-312021-05-312020-05-312019-05-31
Cash & equivalentsUnavailableUnavailable$2.68M$206.82K$477.34K$0$494$54
Total assets$9.62M$6.78M$3.97M$2.52M$671.60KUnavailableUnavailableUnavailable
Current assets$6.06M$5.79M$3.11M$312.17K$490.96K$20.35K$494$54
Total liabilities$15.60M$8.15M$1.14M$249.90K$33.73KUnavailableUnavailableUnavailable
Current liabilities$10.10M$7.69M$839.77K$194.48K$33.73K$85.60K$35.06K$13.06K
Total equity incl. NCI-$5.98M-$1.37M$2.83M$2.27M$637.87K$0$34.56K-$13.00K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$649.97K$99.64K$316.74K$80.75KUnavailableUnavailableUnavailableUnavailable
Accounts receivable$634.29K$1.78K$120.28K$45.59K$10.81KUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$4.88M$0$0UnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$2.26M$1.09M$127.22K$69.73K$30.75K$4.21K$6.50K$4.70K

Cash flow

Karbon-X Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312025-05-312024-05-312023-05-312022-05-312021-05-312020-05-312019-05-31
Operating cash flow-$7.86M-$6.50M-$1.10M-$1.49M-$184.59K-$142-$14.78K-$3.96K
Capital expenditures$4.34K$2.54K$0$7.06K$3.25KUnavailableUnavailableUnavailable
Investing cash flow-$2.43M-$2.54K-$802.41K-$750.58K-$180.03K$0$0$0
Financing cash flow$10.50M$4.56M$4.36M$1.96M$855.00K$0$15.22K$0
Net change in cash$450.94K-$1.97M$2.47M-$270.52K$477.34K-$142$440-$3.96K
Stock-based compensation$1.26M$627.50K$0$625.00K$0UnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailable$0$10Unavailable
Depreciation & amortization$197.80K$3.22KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

Karbon-X Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312025-05-312024-05-312023-05-312022-05-312021-05-312020-05-312019-05-31
Free cash flow-$7.87M-$6.50M-$1.10M-$1.49M-$187.84KUnavailableUnavailableUnavailable
Gross margin1.5%25.3%13.6%89.6%UnavailableUnavailableUnavailableUnavailable
Operating margin-19.8%-210.1%-366.7%-20146.7%UnavailableUnavailableUnavailableUnavailable
FCF margin-14.1%-205.5%-266.5%-15174.7%UnavailableUnavailableUnavailableUnavailable
SBC / revenue2.3%19.8%0.0%6356.1%UnavailableUnavailableUnavailableUnavailable
Current ratio0.60x0.75x3.71x1.61x14.56x0.24x0.01x0.00x
Revenue YoY growth1665.6%667.8%4090.6%UnavailableUnavailableUnavailableUnavailableUnavailable
Net margin-24.3%-222.9%-666.1%-20216.4%UnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.0%0.1%0.0%71.8%UnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

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.

Source filings

10-Q/A · Filed 2026-10-21View SEC filing
10-Q · Filed 2026-10-20View SEC filing
10-K · Filed 2026-09-15View SEC filing
10-Q · Filed 2026-04-20View SEC filing
10-Q · Filed 2026-01-20View SEC filing
10-Q · Filed 2025-10-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.