- Exxe Group reports significant financial & operational improvements; Strengthens growth strategy for 2025
- Third Quarter Total Revenue: $14.99 million; Profit: $7.40 million
- Exxe updates on audit status
Exxe Group, Inc. (OTC PINK: AXXA), (“Exxe” or the “Company”), a diversified fintech and management consulting company, today announced key financial updates and strategic initiatives aimed at strengthening shareholder value and accelerating business growth.
Key Financial Highlights:
Debt Reduction: Exxe successfully reduced total liabilities by $43.86 million from $68,312,081 in December 2022 to $24,455,224 in December 2024. Total long-term debt over the same period was reduced by $31.07 million from $49,356,045 to $18,288,350. This enhances financial flexibility and strengthens the balance sheet.
Revenue Performance: The company generated $14.99 million in Q3 2024 and $47.28 million over the first nine months of FY-2025. The quarterly revenue run rate remains stable at $15.76 million as Exxe transitions to a higher-margin, service-based model.
Stockholders’ Equity Growth: Increased from $141.92 million as of March 31, 2024 to $157.79 million as of December 31, 2024, reflecting improvements in business valuation and operational efficiency.
Operational Profitability: Q3 2024 operating income reached $7.39 million, with a strong gross profit of $7.58 million, showcasing sustainable earnings potential.
Strategic Roadmap for 2025:
Expansion of SaaS & Management Services: Exxe is scaling up its fintech, blockchain, and AI-powered consulting services to attract new high-value clients.
Accelerated Client Onboarding: The company is integrating new businesses into the Exxe platform, expediting revenue-sharing structures for faster cash flow generation.
Blockchain & Tokenization Strategy: Following the ChainAdoption acquisition, Exxe is working on Real World Assets (RWA) real estate tokenization and digital asset strategies, set to create new investment models and revenue streams.
Audit & Financial Transparency: Exxe remains on track to submit company-wide audited financials, ensuring greater transparency and credibility for investors. Exxe management is working to prepare the yearly audits at the corporate-parent level for the year end March 31, 2025.
The Company approved providing financial statements for the first three Quarters including the current Quarter ending December 31, 2024 to the Auditor. The last Quarter for yearly audit will be provided to the Auditors when Exxe completes financial disclosures for March 31, 2025.
CEO Commentary: “Exxe Group has made tremendous strides in reducing debt, expanding service offerings, and positioning the company for long-term profitability. The focus remains on increasing recurring revenues, onboarding high-value clients, and leveraging blockchain and AI to enhance Exxe’s business model. FY-2026 will be a transformative year for Exxe and its investors.”
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