Some Key points about AXXA :
- Acquisition Based Company Operating in Real Estate, Sustainable Technology, Media, Agribusiness, and Financial Services.
- Currently Strengthening Company Balance Sheet by Reducing Aged Debt and Potential Share Count.
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- Net Income Soared to Record
- Patent Purchase of Revolutionary, Energy Efficient Technology Which Can Deliver Revenue Potentially of
Record Revenue and Net Income for
On
Financial Highlights -
AXXA generated record quarterly results for both revenue and net income for the period. Revenue for the
For the nine month period, revenue grew by 62.2% to
AXXA also enjoyed a big rise in quarterly gross profit and gross profit margin from the year-ago period. Gross profit in the
Business Highlights -
In late November, AXXA provided guidance of an estimated
Patent Purchase of Revolutionary, Energy Efficient Technology -
On
The innovative heating technology is capable of operating with low-voltage electricity (radiant heat) based on the utilization of carbon fiber. As a result, the production and distribution of highly efficient and uniform surface heating for walls, ceilings, and floors through photovoltaics is attained. The heating coat can be applied to virtually any type of surface on walls, ceilings, and floors, and attain uniform heating of all of the applied surfaces, fostering fast comfortable temperatures. Keys to innovation include its easy application, low energy consumption with high efficiency and no loss of performance.
Once the patents are acquired, AXXA plans to leverage the technology for use in multiple markets and applications.
- Building, Construction, Renovation Markets
- AXXA Property Deployment
- Integration with daskonzept
- Exposure and Growth via Metaverse Initiative
- Solar Panels & Utility Model
AXXA plans to deploy the paint technology across its diverse commercial and residential properties in
The Metaverse -
AXXA is committed to alternative energy and new technologies for reducing carbon output. As such, AXXA stands poised to spearhead a new transition from cryptocurrency mining technologies that consume energy to cryptocurrency mining technologies that create energy. Management is developing a strategy of how to "gamify" NFTs and future 1Myle swap hub tokens to merge with its Metaverse Initiative. The proliferation and utilization of these tokens online could allow a greater amount of energy returned to the grids than the energy consumed. Thus, online users can develop and utilize meta-creations while simultaneously benefitting the real world as well.
Solar Panels & Utility Model -
The AXXA roadmap includes the potential acquisition of a solar panel distributor/manufacturer as part of its objective to gain autonomy from the grid. Deploying paint and solar products to AXXA properties and large-scale commercial/government/residential tenants could result in AXXA serving in the role of alternative utility provider as well. This recurring revenue model could substantially boost revenue and save customers on their energy costs as well.
For more information on
DISCLAIMER: This article is purely for informational purposes and is not a recommendation in any way for buying or selling stocks
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Website: exxegroup.com
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