Nixxy, Inc. NIXX
"we," "us," or "our") is a Nevada corporation focused on building an artificial intelligence-enabled
communications and data infrastructure platform that supports global telecommunications services and emerging transaction-enabled workflows.
network delivering wholesale voice and messaging services, enhanced by automation, data analytics, and AI-driven routing technologies.
In parallel, the Company is developing an integrated platform designed to support the convergence of communications and financial workflows
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $97.9M | $6.0K | $3.2M | $21.3M | $22.2M | $8.5M | $6.0M | $828.9K | — | — |
| Cost of revenue | — | $2.6K | $2.7M | $13.7M | $14.9M | $6.1M | $4.4M | — | — | — |
| Gross profit | — | $3.4K | $466.8K | $7.6M | $7.3M | $2.4M | $1.5M | $828.9K | — | — |
| R&D | $246.0K | $41.0K | $416.9K | $1.4M | $1.2M | — | — | — | — | — |
| SG&A | $7.2M | $7.0M | $6.1M | $15.3M | $17.3M | $8.0M | $8.1M | $1.7M | $442.6K | $312.0K |
| Total operating expenses | $109.7M | $13.0M | $10.9M | $25.4M | $24.2M | $9.1M | $12.1M | $2.1M | $442.6K | $312.0K |
| Operating income | -$11.8M | -$13.0M | -$7.7M | -$17.9M | -$16.9M | -$6.7M | -$10.5M | -$1.2M | -$442.6K | -$312.0K |
| Interest expense | $123.0K | $654.0K | $21.4K | $179.3K | $3.1M | $299.5K | $2.3M | $143.6K | $84.4K | $100.4K |
| Pre-tax income | -$13.1M | -$20.7M | -$7.7M | -$17.6M | -$16.3M | -$376.2K | -$11.8M | -$1.5M | -$471.8K | -$442.7K |
| Income tax | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — |
| Net income | -$15.0M | -$22.6M | -$7.2M | -$16.5M | -$16.3M | -$17.0M | -$11.8M | -$1.4M | -$471.8K | -$442.7K |
| EPS, basic | -0.73 | -3.82 | — | — | — | — | — | — | — | — |
| EPS, diluted | -0.73 | -3.82 | -5.64 | — | — | -3.50 | -8.36 | — | -0.66 | -0.17 |
| Shares, diluted (wtd. avg.) | $20.4M | $5.9M | $1.3M | — | — | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $182.0K | $2.5M | $1.0M | $946.8K | $2.6M | $99.9K | $306.3K | $14.2K | $378.1K | $2.0K |
| Short-term investments | $343.0K | $142.0K | $382.0K | $0 | — | — | — | — | — | — |
| Receivables | $1.3M | $8.0K | $405.8K | $2.0M | $5.7M | $942.8K | $860.1K | $56.8K | — | — |
| Total current assets | $2.0M | $3.2M | $2.0M | $4.4M | $8.8M | $1.3M | $1.3M | $119.7K | $235.2K | $2.0K |
| Property, plant and equipment | $0 | $7.0K | $36.3K | $61.3K | $481 | $1.6K | $2.8K | — | — | — |
| Goodwill | $0 | $1.7M | $6.4M | $7.1M | $7.7M | $3.5M | $3.5M | — | — | — |
| Other intangibles | $11.2M | $801.0K | $1.3M | $2.6M | $9.7M | $795.9K | $1.4M | — | $625.0K | — |
| Total assets | $13.2M | $7.0M | $10.5M | $14.1M | $26.3M | $5.7M | $6.5M | $221.2K | $917.7K | $2.0K |
| Accounts payable | $2.5M | $1.1M | $1.7M | $1.6M | $1.1M | $616.4K | $621.4K | $222.3K | $93.9K | $160.8K |
| Short-term debt | — | — | — | — | — | — | — | $55.0K | — | — |
| Total current liabilities | $5.2M | $4.4M | $9.6M | $7.8M | $7.6M | $16.7M | $5.5M | $1.5M | $93.9K | $821.1K |
| Long-term debt | $0 | $1.2M | $523.4K | — | $50.4K | $77.0K | $103.8K | $127.8K | — | — |
| Total liabilities | $5.2M | $4.4M | $9.6M | $9.1M | $10.2M | $16.8M | $5.8M | $1.6M | $93.9K | $2.8M |
| Retained earnings | -$113.8M | -$99.0M | -$76.4M | -$69.3M | -$50.9M | -$34.5M | -$17.5M | -$5.7M | -$6.2M | -$5.8M |
| Total equity | $8.0M | $2.6M | $930.0K | $5.1M | $16.1M | -$11.1M | $715.4K | -$3.4M | -$3.2M | -$2.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$4.6M | -$4.1M | -$947.3K | -$6.9M | -$9.0M | -$2.5M | -$1.4M | -$755.2K | -$357.7K | -$369.1K |
| Depreciation and amortisation | $8.0K | $22.0K | $25.0K | $13.7K | $2.7M | $1.2K | — | — | — | — |
| Stock-based compensation | $4.6M | $5.5M | $1.5M | $3.1M | — | $3.1M | $3.9M | $187.2K | $28.6K | $361 |
| Capital expenditure | — | — | $0 | $74.6K | $0 | — | $11.5K | $72.8K | $57.5K | — |
| Investing cash flow | -$400.0K | $1.8M | $0 | -$350.1K | -$2.2M | -$33.0K | $80.7K | -$72.5K | -$66.5K | — |
| Financing cash flow | $2.6M | $3.9M | $1.0M | $5.7M | $13.7M | $2.4M | $1.6M | $463.7K | $635.9K | $357.8K |
| Dividends paid | — | — | — | — | — | — | $70.2K | $278.2K | — | — |
| Buybacks | — | — | $80.0K | $0 | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001683168-26-002951.
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