XMax Inc.

XWINNASDAQConsumer Cyclical● Active

$8.24

$-0.15(-1.79%)

Market Cap$389272679

P/E Ratio—

52W High$8.8322

52W Low$5.2

Avg Volume1.2M

Open$8.22

Beta1.21

Free Cash Flow Financials Revenue

XMax Inc. (XWIN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

XWIN · free cash flow · updated Jun 8, 2026

Core FCF metrics

XWIN · FCF · TTM · margin & CAGR

Free cash flow was −$445,838 for FY2025 (fiscal year ending 2025-12-31), up 68.3% year-over-year The FCF margin was -2.7%.

FY2025 Free Cash Flow−$445,838▲ +68.3% YoY

Trailing 12M (TTM)−$764,965trailing 4 quarters sum

FCF Margin-2.7%−$445,838 ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

XWIN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$445,838(0M)−$445,838▲ +68.3%-2.7%

FY2024−$1.4M(0M)−$1.4M▲ +11.0%-14.5%

FY2023−$1.6M(0M)−$1.6M▲ +70.6%-14.3%

FY2022−$5.4M(0M)−$5.4M▼ 9.9%-42.2%

FY2021−$4.8M(0M)−$4.9M▼ 100.5%-39.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

XWIN · P/FCF · FCF yield · FCF per share

XMax Inc. (XWIN) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

XWIN · cash flow statement · operating / investing / financing

For FY2025, XMax Inc. generated −$0.4M in operating cash flow and spent 0M in capital expenditures, yielding −$0.4M in free cash flow.

Operating Activities

−$0.4M

Cash from core business operations

2025-12-31

Investing Activities

−$22.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$29.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$0.4M) − |CapEx| (0M) = FCF (−$0.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

XWIN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

XMax Inc.YOU

XWIN

−$445,838+68.3%-2.7%

Loss

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

XMax Inc. (XWIN) reported free cash flow of −$445,838 for FY2025 (fiscal year ending 2025-12-31), up 68.3% year-over-year. The FCF margin was -2.7%.

XMax Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 6 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

XWIN free cash flow · 8 questions

XMax Inc. free cash flow was −$445,838 for FY2025, up 68.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$764,965.

XWIN free cash flowXWIN FCFXWIN FCF 2025XWIN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · XMax Inc. · XMax Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026