Avax ONE Technology LTD. is a US-listed company in the diversified financial services industry. Its financial year ends in December.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to June 2026 was $7m.
Our model value for Avax ONE Technology is under review, so past values are not shown until it is resolved.
Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Avax ONE Technology LTD.'s trailing-twelve-month revenue grew 877.6% year on year, with a free-cash-flow margin of -254.0%.
Current signal Revenue growth decelerating: TTM revenue growth slowed to 877.6% (-550.8pp vs the prior quarter).
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No model value for Avax ONE Technology LTD. at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Avax ONE Technology LTD. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 9.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.09 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$0.8 ~$12–$60 | Left out: out of range vs price (0.17x) |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Avax ONE Technology LTD. with asset managers, brokers and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
No analyst estimates are published for Avax ONE Technology LTD.: too few analysts cover it.
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Dec 2022 | −$232200.11 | −$70200.03 | +69.8% |
Adjusted EPS as companies report it, against the average analyst estimate.
| Calendar year | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|
| Return | |||||
| AVX | −46% | −99% | −95% | −93% | −76% |
| Industry peers (median) | −82% | −41% | −44% | −14% | −33% |
| S&P 500 | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | |||||
| AVX | 42% | 17% | 8% | 17% | 27% |
| S&P 500 | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | |||||
| AVX | −80% | −100% | −96% | −95% | −89% |
| S&P 500 | −25% | −10% | −8% | −19% | −9% |
Worst fall since July 8, 2021: 100% from July 9, 2021 to July 31, 2026. Getting back needed a 104275762% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 7, 2026 | −15.7% | −0.7% | −22.3% | — |
Source: SEC EDGAR filings. Retrieved October 31, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY25 Q1 | $299.6K |
| FY25 Q2 | $710.3K |
| FY25 Q3 | $1.2M |
| FY25 Q4 | $2.3M |
| FY26 Q1 | $4.6M |
| FY26 Q2 | $6.9M |
Source: SEC EDGAR filings. Retrieved October 31, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY25 Q1 | -3528.3% |
| FY25 Q2 | -1518.3% |
| FY25 Q3 | -640.1% |
| FY25 Q4 | -918.7% |
| FY26 Q1 | -1403.6% |
| FY26 Q2 | -1386.4% |
Source: SEC EDGAR filings. Retrieved October 31, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY25 Q1 | -2296.0% |
| FY25 Q2 | -987.5% |
| FY25 Q3 | -674.5% |
| FY25 Q4 | -669.9% |
| FY26 Q1 | -324.3% |
| FY26 Q2 | -254.0% |
| Fiscal year | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 0 | 0 | 2 | 7 |
| Gross profit | 0 | −0 | — | — |
| EBITDA | −10 | −9 | −20 | −95 |
| Operating income | −11 | −10 | −22 | −96 |
| Net income | −12 | −16 | −33 | −107 |
| Diluted EPS | −$126.38 | −$199.51 | −$2.15 | — |
| Growth (year on year) | ||||
| Revenue | — | +63.2% | +>999% | +877.6% |
| Margins | ||||
| Gross margin | 16.6% | −79.9% | — | — |
| EBITDA margin | <−999% | <−999% | −874.1% | <−999% |
| Operating margin | <−999% | <−999% | −925.5% | <−999% |
| Net margin | <−999% | <−999% | <−999% | <−999% |
| Cash flow | ||||
| Cash from operations | −7 | −5 | −14 | −16 |
| Stock-based pay | 0 | 0 | 2 | 2 |
| Balance sheet | ||||
| Cash | 4 | 0 | 22 | 11 |
| Total debt | — | 1 | 2 | — |
| Net debt (negative = net cash) | −4 | 1 | −20 | −11 |
| Diluted shares | — | — | 17m | — |
| Returned to shareholders | ||||
| Buybacks | — | — | 0 | — |
| Total returned | — | — | 0 | — |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 0 | −0 | 0 | 0 | 1 | 1 | 3 | 3 |
| Gross profit | −0 | −0 | 0 | — | — | — | — | — |
| EBITDA | −5 | −2 | −2 | −1 | −2 | −15 | −44 | −33 |
| Operating income | −5 | −2 | −2 | −1 | −3 | −16 | −45 | −33 |
| Net income | −6 | −3 | −0 | −8 | −8 | −17 | −46 | −35 |
| Diluted EPS | −$686.28 | $40.22 | −$10.57 | −$335.88 | −$66.60 | $22.70 | −$5.76 | −$4.41 |
| Growth (year on year) | ||||||||
| Revenue | — | — | — | +994.0% | — | — | +819.8% | +523.2% |
| Margins | ||||||||
| Gross margin | — | — | 28.9% | — | — | — | — | — |
| EBITDA margin | — | >999% | −564.8% | −231.9% | −437.4% | <−999% | <−999% | <−999% |
| Operating margin | — | >999% | −660.1% | −305.8% | −496.6% | <−999% | <−999% | <−999% |
| Net margin | — | >999% | −53.1% | <−999% | <−999% | <−999% | <−999% | <−999% |
| Free-cash-flow margin | — | — | — | — | — | — | −154.2% | −132.1% |
| Cash flow | ||||||||
| Cash from operations | −1 | −2 | −2 | −1 | −2 | −9 | −1 | −4 |
| Capital spending | — | — | — | — | — | — | 3 | 0 |
| Free cash flow | — | — | — | — | — | — | −4 | −4 |
| Stock-based pay | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Free cash flow after stock pay | — | — | — | — | — | — | −4 | −4 |
| Last 12 months unless stated | AVX | RMCO | ABTS | GRAN | YDKG | ZNB | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $7m | $6m | $9m | $2m | $28m | $28m | $28m |
| Revenue growth, last 12 months | 877.6% | 133.5% | 36.0% | −58.3% | >999% | 225.0% | 36.0% |
| Revenue growth, latest quarter | 523.2% | 38.0% | — | — | — | — | 38.0% |
| Gross margin | 19.3% | 11.1% | 40.3% | 88.6% | −2.5% | −18.6% | 19.3% |
| Operating margin | <−999% | −5.1% | 40.3% | −183.0% | −160.1% | −66.0% | −154.1% |
| Operating margin, 3-year average | — | −20.1% | — | — | −354.9% | — | −144.9% |
| Net margin | <−999% | −14.5% | −31.4% | −192.2% | −99.7% | −555.2% | −99.7% |
| Cash from operations / revenue | −237.1% | −2.3% | 15.5% | −40.6% | 25.1% | −24.5% | −24.5% |
| Free-cash-flow margin | −254.0% | −2.4% | −18.5% | −42.6% | −7.6% | −58.9% | −42.6% |
| Free-cash-flow margin, 3-year average | — | −9.3% | — | — | −113.1% | — | −35.7% |
| Stock pay / revenue | 28.8% | — | 2.9% | — | 3.3% | 2.3% | 2.3% |
| Change in share count | — | 0.3% | 0.0% | 65.9% | >999% | >999% | 18.8% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Bitcoin Mining | $1.7M | 74.0% | ▲ 6420.7% |
| Avalance Protocol | $607,605 | 26.0% | — |
| Corporate | $531 | 0.0% | — |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Bitcoin Mining | $1.7M | 74.0% | ▲ 6420.7% |
| Avalanche Staking | $607,605 | 26.0% | — |
| Other | $531 | 0.0% | — |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $2M | 86.6% | — |
| Canada | $313,687 | 13.4% | ▲ 1080.5% |
From Avax ONE Technology LTD.'s 10-K filed March 31, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Cantor Fitzgerald, L. P. | $4.5M | 873K | 29.4% | — |
| Steadfast Capital Management LP | $2.1M | 410K | 13.8% | — |
| Kathmere Capital Management, LLC | $1.8M | 353K | 11.9% | — |
| Yorkville Advisors Global, LP | $1.8M | 353K | 11.9% | — |
| Saba Capital Management, L.P. | $1.8M | 348K | 11.7% | — |
| Galaxy Digital Inc. | $1.2M | 230K | 7.7% | — |
| Annis Gardner Whiting Capital Advisors, LLC | $907,861 | 175K | 5.9% | — |
| Citadel Advisors LLC | $625,919 | 121K | 4.1% | — |
| Susquehanna International Group, LLP | $234,972 | 45K | 1.5% | — |
| Cerity Partners LLC | $183,259 | 35K | 1.2% | — |
| Alpine Global Management, LLC | $91,624 | 18K | 0.6% | — |
| Omnia Family Wealth, LLC | $56,919 | 11K | 0.4% | — |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Avax ONE Technology LTD.'s complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Kahn Jolie Chief Executive Officer | November 24, 2025 | Buy | 1,000 | $1.70 | $1,700 |
| Kahn Jolie Chief Executive Officer | November 21, 2025 | Buy | 3,000 | $1.65 | $4,950 |
| Polimeni Christopher Vincent Chief Financial Officer | November 21, 2025 | Buy | 2,500 | $1.75 | $4,375 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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