Plutux
$2.70
-0.37%
2026-09-04 11:55:47 EDT-$0.01
Technology
Consumer Electronics
NASDAQ
Active Trading

Foxx Development Holdings Inc. operates within the United States, focusing on the distribution and retail sales of its proprietary Foxx-branded smartphones and ...

Price Action

$2.70
-0.37%-$0.01
High
Low
52W High-61.7%
Rel. vol
Interval
Range6m
VolumeSMA5SMA10
Foxx Development Holdings Inc. (NASDAQ: FOXX) is a consumer electronics and integrated Internet-of-Things (IoT) solutions provider operating primarily in the United States. The company was founded in 2017 as a Texas-incorporated entity and later reincorporated in Delaware, with its headquarters in Irvine, California. Foxx focuses on the distribution and retail ...Foxx Development Holdings Inc. (NASDAQ: FOXX) is a consumer electronics and integrated Internet-of-Things (IoT) solutions provider operating primarily in the United States. The company was founded in 2017 as a Texas-incorporated entity and later reincorporated in Delaware, with its headquarters in Irvine, California. Foxx focuses on the distribution and retail sales of its proprietary Foxx-branded smartphones and tablets, and also offers wearables and other communication devices. Beyond hardware sales, the company provides after-sales customer support and invests in research and development to create innovative customization standards and services. The company's business model targets value-conscious consumers, individuals purchasing their first tablet or smartphone, and parents buying devices for children. It reaches customers through the online and physical retail outlets of its telecommunication partners, leveraging these partnerships to expand market reach. As of the latest data, Foxx employs 25 full-time employees, indicating a lean operational structure. Financially, Foxx has a market capitalization of approximately $18.17 million, with a stock price of $2.58. The company has experienced significant volatility, with a 52-week range of $1.71 to $7.90. Its financial indicators reveal a challenging period: the company has negative profitability metrics, including a net profit margin of -79.8%, an operating margin of -22.4%, and a gross profit margin of 8.5%. The price-to-sales ratio stands at 0.305, while the enterprise value-to-sales ratio is 0.888, suggesting the company is trading at low multiples relative to sales. The current ratio is 0.377, indicating potential liquidity concerns, and the company has a high debt-to-assets ratio of 1.348. Foxx also exhibits negative book value per share (-$6.84) and negative shareholders' equity. Revenue per share is $8.52, but net income per share is -$6.80, reflecting substantial losses. The company's operating cash flow is negative, and its free cash flow per share is -$0.086. Despite these financial challenges, Foxx maintains a focus on innovation and customer support, aiming to differentiate itself in the competitive consumer electronics market. Under the leadership of CEO Gregory Foley, who has over 25 years of sales experience, the company continues to navigate the industry landscape, with a strategic emphasis on IoT solutions and retail partnerships. Chairwoman Joy Hua also plays a key role in the company's financial and strategic direction. Foxx's future depends on its ability to improve profitability, manage debt, and capitalize on its niche market position.
Founded
2017
Employees
25
CEO
Gregory Foley
Full Name
Foxx Development Holdings Inc.
Sector
Technology
Industry
Consumer Electronics
ROE
260.56%
Market Cap
$0.02B
Current Ratio
0.38
WACC
31.42%
ROIC
304.00%

Contact Information

201 962 5550
13575 Barranca Parkway, Irvine, CA 92618

Related stocksConsumer Electronics

Browse all US stocks

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

© Plutux Technology Limited 2026