AXNX on Nasdaq
Axonex AI Group Ltd
Axonex AI Group Ltd is a business services company based in Hong Kong, listed on Nasdaq (AXNX).1
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Last updated Oct 21, 2026.
Overview
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- TickerAXNX on Nasdaq1
- IndustryServices-Business Services, NEC1
- HeadquartersHong Kong, Hong Kong1
- Business address503 Park Tower, 15 Austin Road, Tsim Sha Tsui, Kowloon, Hong Kong, K3 000003
- Filer categoryNon-accelerated filer, Emerging growth company3
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Mint Incorporation Limited was incorporated on October 18, 2023, as a BVI business company with limited liability under the laws of the BVI. As of the date of this annual report, the Company is authorized to issue a maximum of 28,000,000 shares of no par value each divided into (i) 25,200,000 Class A Ordinary Shares of no par value and (ii) 2,800,000 Class B Ordinary Shares of no par value, of which 12,690,742 Class A Ordinary Shares and 701,879 Class B Ordinary Shares are issued and outstanding, in each case after giving effect to the Reverse Stock Split described below under “Recent Developments”. Mint is a holding company and is currently not actively engaging in any business.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue83¢$2.5M
- Other costs11¢$335.2K
- Income tax6¢$174.6K
Out of $3.1M in revenue.52 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Revenues Services | $1.9M | $3.1M | $4.1M |
| Revenues Services related parties | $52.7K | $216.3K | $301.2K |
| Revenue Product sales | $384.4K | ||
| Cost of revenues Services | -$1.7M | -$2.5M | -$2.8M |
| Cost of revenues Services a related party | -$27.1K | ||
| Cost of revenues Product sales a related party | -$275.5K | ||
| Gross profit | $250.0K | $726.2K | $1.6M |
| Selling and marketing expenses | -$337.0K | -$57.6K | -$767 |
| Selling and marketing expenses - share-based compensation | -$7.8M | ||
| Research and development expenses | -$131.0K | ||
| General and administrative expenses | -$2.3M | -$2.3M | -$669.8K |
| Total operating expenses | -$10.6M | -$2.4M | -$670.6K |
| Operating (loss) income | -$10.3M | -$1.6M | $890.8K |
| Other income | $105.3K | $1.2K | $21.5K |
| Other expenses | -$108.0K | ||
| Interest income | $23.8K | $12.6K | $110 |
| Interest income related parties | $23.1K | $12.3K | |
| Interest expense | -$29.4K | -$34.3K | |
| Total other income (expenses), net | $14.7K | -$8.2K | $21.6K |
| (Loss) Income before income taxes | -$10.3M | -$1.6M | $912.4K |
| (Provision for) Benefit from income taxes | -$4.9K | $174.6K | -$128.9K |
| Less: net loss attributable to non-controlling interests | -$532 | ||
| Net (loss) income attributable to Mint Incorporation Limited | -$10.3M | -$1.5M | $783.4K |
| Net (loss) income | -$10.3M | -$1.5M | $783.4K |
| Foreign currency translation adjustment | -$20.0K | $4.6K | $1.2K |
| Total comprehensive (loss) income | -$10.3M | -$1.5M | $784.6K |
| Less: comprehensive (loss) income attributable to non-controlling interests | -$536 | ||
| Total comprehensive (loss) income attributable to Mint Incorporation Limited | -$10.3M | -$1.5M | $784.6K |
| (Loss) Earning per share basic (in Dollars per share) | -$4.15 | -$0.68 | $0.37 |
| (Loss) Earning per share diluted (in Dollars per share) | -$4.15 | -$0.68 | $0.37 |
| Basic weighted average shares outstanding (in Shares) | 2.5M shares | 2.1M shares | 2.1M shares |
| Diluted weighted average shares outstanding (in Shares) | 2.5M shares | 2.1M shares | 2.1M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $964.1K | $4.5M | ||
| Accounts receivable, net | $362.6K | $654.2K | ||
| Contract assets, net | $207.2K | $595.9K | ||
| Contract cost | $135.4K | |||
| Loan receivable, net | $127.2K | |||
| Prepayments | $326.3K | $476.0K | ||
| Prepaid income Tax | $110.8K | |||
| Deferred tax assets, net | $185.4K | $174.9K | ||
| Deposit and other current assets, net | $116.3K | $85.3K | ||
| Total current assets | $2.3M | $6.9M | ||
| Property and equipment, net | $233.1K | $10.5K | ||
| Operating lease right-of-use assets, net | $116.5K | $178.9K | ||
| Investment | $2.5M | |||
| Prepayments | $198.6K | $455.1K | ||
| Total non-current assets | $3.0M | $644.6K | ||
| TOTAL ASSETS | $5.4M | $7.6M | ||
| Accounts payable | $481.1K | $345.6K | ||
| Accounts payable a related party | $19.1K | |||
| Bank Loan, current | $107.0K | $103.7K | ||
| Contract liabilities | $39.4K | $4.5K | $20.4K | |
| Operating lease liabilities, current | $114.2K | $95.1K | ||
| Receipts in advance | $23.5K | |||
| Accrued liabilities and other payables | $448.2K | $173.5K | ||
| Total current liabilities | $1.2M | $722.5K | ||
| Bank loan, non-current | $847.9K | $962.7K | ||
| Operating lease liabilities, non-current | $10.2K | $91.0K | ||
| Total non-current liabilities | $858.1K | $1.1M | ||
| TOTAL LIABILITIES | $2.1M | $1.8M | ||
| Additional paid-in capital | $13.9M | $6.1M | ||
| Accumulated losses | -$10.6M | -$269.1K | ||
| Accumulated other comprehensive (loss) income | -$14.9K | $5.1K | ||
| Total Mint Incorporation Limited shareholders Equity | $3.3M | $5.8M | ||
| Non-controlling interests | -$536 | |||
| TOTAL EQUITY | $3.3M | $5.8M | $1.2M | $409.1K |
| TOTAL LIABILITIES AND EQUITY | $5.4M | $7.6M |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $964.1K | $4.5M | ||
| Accounts receivable, net | $362.6K | $654.2K | ||
| Contract assets, net | $207.2K | $595.9K | ||
| Contract cost | $135.4K | |||
| Loan receivable, net | $127.2K | |||
| Prepayments | $326.3K | $476.0K | ||
| Prepaid income Tax | $110.8K | |||
| Deferred tax assets, net | $185.4K | $174.9K | ||
| Deposit and other current assets, net | $116.3K | $85.3K | ||
| Total current assets | $2.3M | $6.9M | ||
| Property and equipment, net | $233.1K | $10.5K | ||
| Operating lease right-of-use assets, net | $116.5K | $178.9K | ||
| Investment | $2.5M | |||
| Prepayments | $198.6K | $455.1K | ||
| Total non-current assets | $3.0M | $644.6K | ||
| TOTAL ASSETS | $5.4M | $7.6M | ||
| Accounts payable | $481.1K | $345.6K | ||
| Accounts payable a related party | $19.1K | |||
| Bank Loan, current | $107.0K | $103.7K | ||
| Contract liabilities | $39.4K | $4.5K | $20.4K | |
| Operating lease liabilities, current | $114.2K | $95.1K | ||
| Receipts in advance | $23.5K | |||
| Accrued liabilities and other payables | $448.2K | $173.5K | ||
| Total current liabilities | $1.2M | $722.5K | ||
| Bank loan, non-current | $847.9K | $962.7K | ||
| Operating lease liabilities, non-current | $10.2K | $91.0K | ||
| Total non-current liabilities | $858.1K | $1.1M | ||
| TOTAL LIABILITIES | $2.1M | $1.8M | ||
| Additional paid-in capital | $13.9M | $6.1M | ||
| Accumulated losses | -$10.6M | -$269.1K | ||
| Accumulated other comprehensive (loss) income | -$14.9K | $5.1K | ||
| Total Mint Incorporation Limited shareholders Equity | $3.3M | $5.8M | ||
| Non-controlling interests | -$536 | |||
| TOTAL EQUITY | $3.3M | $5.8M | $1.2M | $409.1K |
| TOTAL LIABILITIES AND EQUITY | $5.4M | $7.6M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Net (loss) income | -$10.3M | -$1.5M | $783.4K |
| Depreciation of property and equipment | $148.0K | $5.4K | $4.7K |
| Amortization of operating lease right-of-use assets | $101.4K | $58.0K | $39.9K |
| Provision for allowance for expected credit losses | $2.0K | $35.4K | $6.3K |
| Share-based compensation | $7.9M | ||
| Impairment losses | $137.6K | ||
| Accounts receivable, net | $463.6K | $142.3K | -$447.4K |
| Contract assets, net | $239.5K | -$376.8K | -$159.1K |
| Contract cost | -$136.0K | ||
| Prepayments | $221.6K | -$911.3K | -$4.4K |
| Deposits and other current assets, net | -$32.7K | -$66.7K | $1.5K |
| Accounts payable | $158.0K | -$19.9K | $303.1K |
| Contract liabilities | $35.1K | -$16.0K | -$8.6K |
| Accrued liabilities and other payables | $169.4K | -$68.0K | $173.1K |
| Operating lease liabilities | -$100.7K | -$50.8K | -$39.9K |
| Receipts in advance | $23.6K | ||
| Income tax payable | -$243.8K | $103.8K | |
| Prepaid income tax | $110.4K | -$110.6K | |
| Deferred tax assets, net | -$11.8K | -$174.6K | |
| Net cash (used in) provided by operating activities | -$858.4K | -$3.3M | $756.5K |
| Purchase of property and equipment | -$205.1K | -$7.2K | -$8.2K |
| Investment | -$2.5M | ||
| Short term loan to third party | -$384.4K | -$128.3K | |
| Short term loans to related parties | -$897.0K | -$821.2K | |
| Repayment of short-term loans from third parties | $256.3K | ||
| Repayment of short-term loans from related parties | $1.2M | $821.2K | |
| Net cash used in investing activities | -$2.6M | -$135.5K | -$8.2K |
| Net proceeds from issue of shares | $6.0M | ||
| Proceeds from bank loan | $1.2M | ||
| Repayment of bank loan | -$103.8K | -$92.3K | |
| Capital injection by shareholders | $4.0K | ||
| Repayment to shareholders | -$4.9K | -$250.4K | |
| Deferred initial public offering costs | $480.4K | -$478.4K | |
| Net cash (used in) provided by financing activities | -$103.8K | $7.6M | -$724.8K |
| Net (decrease) increase in cash and cash equivalents | -$3.5M | $4.2M | $23.4K |
| Effect of foreign currency translation on cash and cash equivalents | -$17.0K | $9.0K | $956 |
| Income taxes paid | $31.2K | $354.3K | $25.1K |
| Income taxes refund | $124.9K | ||
| Interest paid | $29.4K | $34.3K | |
| Interest received | $23.8K | $11.0K | $110 |
| Interest received related parties | $23.1K | $12.3K | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $40.1K | $194.2K | $82.1K |
No quarter-by-quarter statement was filed.
Corporate structure
Axonex AI Group Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Axonex AI Group Ltd
- Chun Kit Lau Filed SCHEDULE 13G on Axonex AI Group Ltd, latest Oct 7, 2026
- Chun Yin Dai Filed SCHEDULE 13G on Axonex AI Group Ltd, latest Oct 7, 2026
- Ka Kin Law Filed SCHEDULE 13G/A on Axonex AI Group Ltd, latest Oct 7, 2026
- L1 Capital Global Opportunities Master Fund, Ltd. Filed SCHEDULE 13G on Axonex AI Group Ltd, latest Sep 2, 2026
- Deep Vision Enterprise Ltd Filed SCHEDULE 13D/A on Axonex AI Group Ltd, latest May 27, 2026 (2 filings since May 28, 2025)
- AL Holding Group Ltd Filed SCHEDULE 13G/A on Axonex AI Group Ltd, latest Feb 2, 2026 (3 filings since May 28, 2025)
- I Sparks Enterprise Ltd Filed SCHEDULE 13D on Axonex AI Group Ltd, latest May 28, 2025
- Axonex AI Group Ltd Hong Kong, Hong Kong
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Axonex AI Group Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $116.7K2 Mar 31, 2026 | $20.3K2 Mar 31, 2025 | +474.2% |
| Furniture and fixtures | $7.4K2 Mar 31, 2026 | $1.9K2 Mar 31, 2025 | +288.7% |
| Leasehold improvements | $267.9K2 Mar 31, 2026 | $25.7K2 Mar 31, 2025 | +941.6% |
| Property and equipment, before depreciation | $392.0K2 Mar 31, 2026 | $47.9K2 Mar 31, 2025 | +717.5% |
| Accumulated depreciation | $158.9K2 Mar 31, 2026 | $37.4K2 Mar 31, 2025 | +324.8% |
| Property and equipment, net | $233.1K2 Mar 31, 2026 | $10.5K2 Mar 31, 2025 | +2111.3% |
| Operating-lease assets (leased space) | $116.5K2 Mar 31, 2026 | $178.9K2 Mar 31, 2025 | −34.9% |
Investments
Leadership
Who has led Axonex AI Group Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
- Chief executive officerHoi Lung Chan Mar 31, 2026 to now6
Board members and other officers (4)
- Board memberCheong Shing Ku Mar 31, 2026 to now7
- Board memberHoi Lung Chan Mar 31, 2026 to now6
- Board memberXunze Xiu Mar 31, 2026 to now8
- Board memberChun Pong Raymond Siu May 4, 2026 to now9
Timeline
- Mar 31, 2026New chief executive Hoi Lung Chan becomes CEO6
Filings
91 filings to the SEC since October 2021: 2 annual reports, 7 insider forms, 10 large holders, 72 other. The latest 20:
- Oct 15, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 9, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 7, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 7, 2026SCHEDULE 13G EDGAR
- Oct 7, 2026SCHEDULE 13G/A EDGAR
- Oct 7, 2026SCHEDULE 13G EDGAR
- Sep 15, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 10, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 9, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 3, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 2, 2026SCHEDULE 13G EDGAR
- Aug 31, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 28, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Aug 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 14, 202620-F ANNUAL REPORT EDGAR
- Aug 11, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
The 91 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 18, 2026 | Chan Hoi LungChief Executive Officer | Buy | 211,879 | $3.01 | $637.8K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Chun Kit LauSCHEDULE 13G, 1 filing Oct 7, 202610
- Chun Yin DaiSCHEDULE 13G, 1 filing Oct 7, 202611
- Ka Kin LawSCHEDULE 13G/A, 1 filing Oct 7, 202612
- L1 Capital Global Opportunities Master Fund, Ltd.SCHEDULE 13G, 1 filing Sep 2, 202613
- Deep Vision Enterprise LtdSCHEDULE 13D/A, 2 filings May 28, 2025 to May 27, 202614
- AL Holding Group LtdSCHEDULE 13G/A, 3 filings May 28, 2025 to Feb 2, 202615
- I Sparks Enterprise LtdSCHEDULE 13D, 1 filing May 28, 202516
SEC filer profile
How Axonex AI Group Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAxonex AI Group Ltd1
- CIK0001998560
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inBritish Virgin Islands4
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressUnit 506-8, 5/F, Laford Centre, 838 Lai Chi Kok Road, Lai Chi Kok, Kowloon, Hong Kong1
- Phone852-3565-19251
- Shares outstanding20,512,500 Common Class A shares; 4,900,000 Common Class B shares as of Mar 31, 20264
- AuditorWWC, P.C, San Mateo, California PCAOB ID 1171; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceDec 22, 20231
- Filings91 in all: 6-K (41), 3 (6), UPLOAD (5), DRS/A (4), DRSLTR (4), SCHEDULE 13G (4), CORRESP (3), F-1/A (3)1
All 24 form types
SCHEDULE 13G/A (3), 20-F (2), EFFECT (2), SCHEDULE 13D (2), 4 (1), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), DRS (1), F-1 (1), F-3 (1), FWP (1), NT 20-F (1), S-8 (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (20-F) Aug 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Ordinary shares, no par value | MIMI | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Aug 14, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7SEC EDGARCheong Shing Ku, Board member
- 8SEC EDGARXunze Xiu, Board member
- 9SEC EDGARChun Pong Raymond Siu, Board member
- 10
- 11
- 12
- 13
- 14
- 15
- 16