Welcome to our dedicated page for AXIL Brands news (Ticker: RVIV), a resource for investors and traders seeking the latest updates and insights on AXIL Brands stock.
AXIL Brands, Inc. (RVIV) is a company focused on innovative hearing protection solutions. Recently, AXIL expanded its product line to include NASCAR-branded hearing protection products available at Racing Electronics' trackside retail outlets. This partnership aims to enhance NASCAR fans' accessibility to AXIL's advanced hearing protection technology. The company has announced plans for a 1-for-20 reverse stock split to meet NYSE American listing requirements, with trading on NYSE American expected to commence under the symbol "AXIL" in February 2024. AXIL's financial tables and investor relations information can be accessed through their dedicated team.
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AXIL Brands, Inc. partners with Racing Electronics to offer NASCAR-branded hearing protection products at trackside retail outlets, starting with the 2024 DAYTONA 500®. The collaboration aims to provide NASCAR fans with advanced hearing protection solutions through Racing Electronics' motorsport marketing expertise and prime trackside locations.
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RVIV to commence trading on NYSE American, enhancing visibility and liquidity for investors. The move follows a successful merger with a special purpose acquisition company.
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Reviv3 Procare Company announces a 1-for-20 reverse stock split of its common stock, effective as of January 16, 2024, to meet NYSE American listing requirements. The company has applied for listing on the NYSE American stock Exchange and believes that the reverse split will increase the per share market price of its common stock to meet the initial bid price requirement. The common stock will begin trading on a split-adjusted basis under the existing trading symbol 'RVIV' when the market opens on January 16, 2024.
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Reviv3 Procare Company (RVIV) reported a 25.1% increase in net sales to a record $8.4 million for the second quarter ended November 30, 2023, with a 40.1% increase in net income. The company delivered its sixth consecutive profitable quarter, reflecting a focus on profitability while maintaining aggressive growth through market expansion and product innovation.
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Reviv3 Procare Company announces Q1 financial and operational results with a 44.1% increase in net sales compared to the prior year period.
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Reviv3 Procare Company entered into a distributor agreement with Levelfour Belgique for wholesale and retail sales of AXIL hearing protection and enhancement products in Belgium and Luxembourg.
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Reviv3 Procare Company reported a significant increase in net sales for the fiscal year ended May 31, 2023, with a growth of 907% to $23.52 million compared to the previous year. Gross profit also improved to 75.3% of sales, up from 64.5% in the prior year. Operating expenses decreased to 66.9% of net revenues, down from 73.6% in the prior year.
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FAQ
What is the market cap of AXIL Brands (RVIV)?
The market cap of AXIL Brands (RVIV) is approximately 79.0M.
What is AXIL Brands, Inc. focused on?
AXIL Brands, Inc. is dedicated to providing innovative hearing protection solutions.
What recent partnership has AXIL entered into?
AXIL has partnered with Racing Electronics to make NASCAR-branded hearing protection products available at trackside retail outlets.
What corporate action is AXIL planning to meet NYSE American listing requirements?
AXIL intends to implement a 1-for-20 reverse stock split.
When is trading on NYSE American expected to commence for AXIL?
Trading on NYSE American under the symbol "AXIL" is anticipated to start around February 14, 2024.
How can investors access AXIL's financial tables?
Investors can find AXIL's financial tables and investor relations information through their dedicated team.
AXIL Brands, Inc.
OTC:RVIV
RVIV Rankings
RVIV Stock Data
79.03M
2.72M
43.59%
9.98%
Household & Personal Products
Consumer Defensive
United States
Alhambra