AVAX One Reports Preliminary Full Year 2025 Financial Results & Introduces 2026 Guidance
MWN-AI** Summary
AVAX One Technology Ltd. (Nasdaq: AVX), headquartered in West Palm Beach, FL, has announced preliminary financial results for the full year ending December 31, 2025, alongside guidance for 2026. The company's total revenue for 2025 reached $2.3 million, with a notable increase in the fourth quarter, where nearly half of the year's revenue was realized. Despite these emerging figures, the company incurred a significant EBITDA loss of $7.3 million for the year.
For fiscal year 2026, AVAX One is projecting a substantial revenue increase, estimating between $11 million to $12 million at the current spot price, and potentially reaching up to $44 million at high price scenarios—translating to an approximate five-fold increase year-over-year under current conditions. Similarly, the EBITDA is expected to shift positively, forecasting a range of $2 million to $3 million, alongside a projected $24 million to $25 million under optimal pricing conditions.
CEO Jolie Kahn highlighted a strategic transformation initiated in late 2025 with the launch of a Digital Asset Treasury strategy, emphasizing its anticipated benefits. The company has indicated that operating capital is secure for nearly three years, fortified by its staking and mining operations. AVAX One's board has also approved a $40 million share repurchase program as part of its strategy to capitalize on perceived valuation disparities.
Kahn expressed an optimistic outlook, suggesting that the restructuring and refreshed operating model should enhance revenue and shareholder value, particularly as they optimize capital allocation amid fluctuating digital asset prices. Moving into 2026, AVAX One aims to leverage its digital asset holdings to foster sustainable growth and profitability in an evolving market landscape.
MWN-AI** Analysis
Based on AVAX One Technology Ltd.'s preliminary full-year 2025 financial results and 2026 guidance, a positive trajectory appears to be emerging for the company. The reported revenue of $2.3 million, although modest, reflects the company’s transition and the successful implementation of the Avalanche digital asset treasury strategy launched in November 2025. By generating nearly half of its revenue in the fourth quarter alone, AVAX One showcased the potential for rapid growth as the benefits from this new strategy take full effect.
The guidance for fiscal year 2026 is particularly promising, projecting revenue to increase dramatically to between $11 million and $12 million, which represents a fivefold improvement over the previous year. Furthermore, EBITDA is expected to turn positive with an estimated range of $2 million to $3 million, confirming the market's anticipation of sustained profitability as operations scale.
Investors should note the company's solid fundamentals, including approximately three years of operating capital, a robust governance framework, and a commitment to capital allocation, underscored by the recently authorized $40 million share repurchase program. This indicates confidence in the long-term intrinsic value of the stock and serves as a compelling signal to the market.
Given the intrinsic shareholder value nearly double the current stock price, there appears to be a disconnect that savvy investors could exploit. The emphasis on dynamic capital allocation to maximize AVAX per share puts AVAX One in a strategic position to enhance shareholder value through both direct repurchases and growth initiatives.
In summary, the combination of transformative operational changes, ambitious growth targets for 2026, and strategic capital management presents an attractive investment opportunity in AVAX One for those looking to capitalize on the evolving digital asset landscape. Investors are advised to keep a close eye on market reactions and operational developments as these could significantly impact share price performance.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
WEST PALM BEACH, FL, March 02, 2026 (GLOBE NEWSWIRE) -- AVAX One Technology Ltd. (Nasdaq: AVX) (“AVAX One” or the "Company"), today reported its preliminary financial results for the full year ended December 31, 2025, and introduced financial guidance for fiscal year 2026.
Preliminary Full Year 2025 Financial Highlights ($ in Millions USD, unaudited)
| 9-Months Ended Sep’25 | 3-Months Ended Dec’251 | 12-Months Ended Dec’25 | |
| Revenue | $1.3M | $1.1M | $2.3M |
| EBITDA2 | $(5.2)M | $(2.1)M | $(7.3)M |
Full Year 2026 Guidance ($ in Millions USD)
| Current Spot Price3 | 2025 Avg. Price4 | 2025 High Price5 | |
| Revenue | $11M - $12M | $24M - $25M | $43M - $44M |
| Change vs. prior year period | ~5x | ~10x | ~19x |
| EBITDA2 | $2M - $3M | $10M - $11M | $24M - $25M |
The Company also preliminarily reports the following strong fundamentals:
- Approximately three years of operating capital on hand
- Institutional stability through corporate governance framework and strong Board and management teams
- Ability to generate sufficient cash to run operations without selling DAT assets due to income from its staking and mining operations
- Intrinsic shareholder value in assets at almost two times current stock price
“We are entering 2026 with a fundamentally transformed operating model following the launch of our Avalanche digital asset treasury strategy in November 2025,” said Jolie Kahn, Chief Executive Officer of AVAX One. “While last year’s financial results reflect a transition period, nearly half of our revenue was generated in the fourth quarter following the implementation of our DAT strategy, demonstrating the early impact of this pivot. As we move into 2026, we expect the full-year benefit of AVAX accumulation and staking to meaningfully scale our revenue profile and drive positive EBITDA under current market conditions. Our guidance framework reflects disciplined capital deployment and a structure designed to generate operating leverage across a range of digital asset price scenarios.
“Capital allocation remains central to our value creation framework. In November, our Board authorized a $40 million share repurchase program, and through February 27, 2026, we have repurchased 2,423,383 shares of our common stock. We believe the market is currently reflecting a disconnect between our share price and the intrinsic value of the business, and view this gap as a compelling opportunity to deploy capital accretively. As a result, we intend to remain opportunistic in executing repurchases when pricing does not appropriately reflect the strength of our platform and long-term earnings potential. We will continue to balance buybacks alongside AVAX accumulation and staking expansion, allocating capital dynamically to maximize long-term AVAX per share and shareholder value.”
About AVAX One Technology Ltd.
AVAX One Technology Ltd. (NASDAQ: AVX) is the first publicly traded Avalanche Treasury company, building the premier institutional gateway to the onchain financial economy powered by the Avalanche blockchain network. Through AVAX accumulation, onchain yield, and strategic acquisitions, the Company aims to compound long-term value for its shareholders while supporting the growth of the Avalanche ecosystem. Led by a team of veterans from institutional finance and public company backgrounds and advised by leaders from across the digital asset industry, AVAX One is being built to be a scalable, regulated gateway for public market investors to participate in the growth of the onchain economy. For more information, visit www.avax-one.com
Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including statements relating to the anticipated benefits and timing of the completion of the proposed offering and related transactions, the intended use of proceeds from the PIPE offering, expectations regarding future capital raising activity, the assets to be held by the Company, expectations regarding adoption of the Avalanche network, the expected future market, price and liquidity of the digital assets the Company acquires, the macro and political conditions surrounding digital assets, the Company's plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other entities in similar business strategies, technological and market trends, future financial condition and performance, the expected financial impacts of the proposed transactions described herein, and the timing of the closing of the PIPE offering. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the proposed transactions described herein may not be completed in a timely manner or at all; failure to realize the anticipated benefits of the transactions and the proposed AVAX strategy; changes in business, market, financial, political and regulatory conditions; risks relating to the Company's operations and business, including the highly volatile nature of the price of AVAX and other cryptocurrencies; the risk that the price of the Company's securities may be highly correlated to the price of the digital assets that it holds; risks related to increased competition in the industries and markets in which the Company does and will operate (including the applicable digital assets market); risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes, as well as those risks and uncertainties identified in the Company's filings with the SEC. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. The statements made in this press release are not intended to be projections of the Company's future results nor an offer of a future securities transaction by the Company. Any offering in the future will be made through compliance with all applicable regulations and the filing of appropriate documents with the SEC, as required under those regulations.
Reconciliation of GAAP and Non-GAAP Information
($ in Millions, unaudited)
| Preliminary 2025 Financial Highlights | ||||||||||||
| ($ in millions) | 9-Months Ended Sep’25 | 3-Months Ended Dec’25 | 12-Months Ended Dec’25 | |||||||||
| Revenue | $ | 1.3 | $ | 1.1 | $ | 2.3 | ||||||
| Total operating expenses | 7.2 | 8.8 | 16.0 | |||||||||
| Operating loss | (6.0 | ) | (7.7 | ) | (13.7 | ) | ||||||
| Other expenses | 9.4 | 6.7 | 16.1 | |||||||||
| Net loss from continuing operations | (15.4 | ) | (14.4 | ) | (29.8 | ) | ||||||
| EBITDA Adjustments: | ||||||||||||
| Depreciation and amortization | 0.9 | 0.3 | 1.2 | |||||||||
| Intangible asset impairment | - | 5.1 | 5.1 | |||||||||
| Bitcoin unrealized gain on market valuation | (0.1 | ) | 0.3 | 0.2 | ||||||||
| Foreign exchange loss | 0.1 | (0.2 | ) | (0.1 | ) | |||||||
| Unrealized loss on market valuation - AVAX tokens | - | 5.8 | 5.8 | |||||||||
| Accretion of interest on debentures | 2.3 | 0.8 | 3.1 | |||||||||
| Change in fair value of derivative liabilities | (3.0 | ) | - | (3.0 | ) | |||||||
| Loss (gain) on conversion of convertible debt | (0.1 | ) | - | (0.1 | ) | |||||||
| Loss (gain) on extinguishment of warrant liability | 10.1 | 0.0 | 10.1 | |||||||||
| Other income | (0.1 | ) | 0.1 | 0.0 | ||||||||
| EBITDA | (5.2 | ) | (2.1 | ) | (7.3 | ) |
| Full Year 2026 Guidance Scenarios | ||||||||||||
| ($ in millions) | Current Spot Price | 2025 Avg. Price | 2025 High Price | |||||||||
| Revenue | $ | 11.4 | $ | 24.2 | $ | 43.3 | ||||||
| Total operating expenses | 10.6 | 14.9 | 20.3 | |||||||||
| Operating income | 0.9 | 9.4 | 23.0 | |||||||||
| Other expenses | 0.8 | 0.8 | 0.8 | |||||||||
| Net income from continuing operations | 0.1 | 8.6 | 22.3 | |||||||||
| EBITDA Adjustments: | ||||||||||||
| Depreciation and amortization | 1.3 | 1.3 | 1.3 | |||||||||
| Accretion of interest on debentures | 0.8 | 0.8 | 0.8 | |||||||||
| EBITDA | 2.2 | 10.7 | 24.3 |
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
AVX@elevate-ir.com
1 Reflects launch Digital Asset Treasury strategy in November 2025
2 The tables at the end of this press release provide a reconciliation of non-GAAP financial measures to the Company’s expected results in accordance with GAAP. (See “Reconciliation of GAAP and non-GAAP Information” below).
3 Assumes Bitcoin price of ($70,000.00) and Avalanche price of ($9.00).
4 Assumes Bitcoin price of ($101,877.40) and Avalanche price of ($22.43).
5 Assumes Bitcoin price of ($124,720.00) and Avalanche price of ($44.10).
FAQ**
How does AVX Corporation AVX anticipate the impact of its Digital Asset Treasury strategy on revenue growth in comparison to its preliminary financial results from 2025?
What steps is AVX Corporation AVX taking to mitigate risks associated with the volatility of digital asset prices, considering their strong EBITDA projections for 2026?
Can AVX Corporation AVX provide more clarity on the share repurchase program's strategy and how it intends to balance this with long-term capital allocation goals?
With institutional stability highlighted, what specific governance measures does AVX Corporation AVX have in place to support its management team's execution of the new operating model?
**MWN-AI FAQ is based on asking OpenAI questions about AVX Corporation (NYSE: AVX).
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