Axil Brands, Inc.

AXIL Brands, Inc.

Overview

• Designs, manufactures, markets, sells, and distributes:
  • High-tech hearing enhancement and protection products
  • Professional-quality hair and skin care products
  • Marketing services
• Formerly Reviv3 Procare Company; name changed to AXIL Brands, Inc. on February 14, 2024
• Uplisted to NYSE American
• Not a shell company
• Fiscal year end: May 31

Corporate structure

• Subsidiaries:
  • AXIL Distribution Company (formerly Reviv3 Acquisition Corporation)
  • Reviv3 ProCare Company (incorporated February 24, 2026; supports Reviv3 hair and skin care)
  • Sharper Vision Marketing Inc. (incorporated May 5, 2025)
• Primary operating segments: hearing enhancement and protection; hair and skin care; marketing services
• Geographic focus: primarily U.S., with growing presence in Canada, Europe, Australia, New Zealand, Asia, and Africa

Operating segments and revenue mix (fiscal 2026)

• Hearing enhancement and protection: ~96% of consolidated net revenues
• Hair and skin care: ~4% of consolidated net revenues
• Marketing services: <1% of consolidated net revenues

Hearing enhancement and protection

• Product portfolio: 27 products across 114 SKUs
• Key products: GS Extreme 3.0, AXIL X30 LT, XCOR True Wireless, MX Series Earmuffs, X-PRO (X20/X30i with SoundShield)
• Intellectual property: 3 active U.S. patents; 1 patent pending; patents expire between 2035–2038; 5 registered trademarks; 12 trademarks pending
• Distribution channels: direct-to-consumer via goaxil.com, third-party e-commerce platforms, dealers, big-box retailers; expanding distribution network
• Retail expansion: Walmart distribution expanded to approximately 1,250 stores (MX PRO and MX Passive models)
• MCX: distribution added post–fiscal year end (expected July 2026); full product line expected at U.S. Marine Corps Exchange locations in Q1 fiscal 2027
• Sales and growth channels: paid advertising, distribution network expansion, strategic partnerships, retail

Hair and skin care (Reviv3 ProCare)

• Brand: Reviv3 ProCare
• Products: 8 products across 16 SKUs
• Manufacturing: third-party co-packers and partners
• Distribution: direct-to-consumer via e-commerce and third-party platforms; domestic and international distributors; professional salon partnerships
• Distribution agreements: 14 agreements across the U.S., Canada, Europe, and Asia (non-exclusive)
• Intellectual property: 1 registered trademark in this segment; 12 trademarks pending
• Growth initiatives: co-branding, private-label partnerships, enhanced digital marketing; entered a major Canadian salon partnership in fiscal 2026

Marketing services

• Provides marketing services as a separate segment; represented less than 1% of consolidated net revenues in fiscal 2026

Key customers and concentration

• One customer accounted for 23% of consolidated net revenues in fiscal 2026
• That same customer accounted for 69% of segment accounts receivable
• Direct-to-consumer channel represented ~65% of consolidated net revenues in fiscal 2026 (versus ~80% in fiscal 2025)
• Walmart did not individually account for more than 10% of net sales in fiscal 2026

Suppliers and sourcing

• Hearing enhancement and protection: one vendor accounted for 79% of total purchases in fiscal 2026
• Hair and skin care: three vendors accounted for 91% of total purchases (62%, 18%, 11%)

Intellectual property and digital presence

• Patents: 3 active U.S. patents; 1 U.S. patent application pending; expiration range 2035–2038
• Trademarks: 6 federally registered; 12 pending
• Domains: reviveprocare.com and goaxil.com

Distribution and retail expansion

• Direct-to-consumer: ~65% of consolidated net revenues in fiscal 2026
• Retail and distribution growth: Walmart expanded to ~1,250 stores as of the filing; MCX distribution added post–fiscal year end (expected July 2026) with a full product line planned for Q1 fiscal 2027
• International reach: expanding through partnerships and distribution agreements

Human capital

• As of May 31, 2026:
  • 13 full-time employees
  • 2 part-time employees
  • All employees based in the United States
  • No collective bargaining coverage

Facilities

• Beverly Hills, California (principal office)
  • 9150 Wilshire Boulevard, Suite 245
  • Lease: Nov 1, 2024 – Jan 31, 2029
  • Base rent: $11,168/month for first 12 months; increases thereafter; rent abated in months 2, 15, and 30
• American Fork, Utah
  • 777 S. Auto Mall Drive, Unit 107, American Fork, UT 84003
  • 6,050 square feet
  • Sublease: Oct 1, 2024 – Sept 30, 2027
  • Base rent: $7,684/month for first 12 months; escalations thereafter
  • Additional charges: approximately $1,210/month for CAM, taxes, and insurance
• Both facilities support all three operating segments

Notable disclosures

• Active in product development, licensing, and distribution expansion
• Subject to global regulatory compliance, supply chain and tariff considerations, cybersecurity risks, and other risks typical for a growing consumer products and services company

Summary takeaway

AXIL Brands operates three segments with the hearing enhancement and protection business driving the majority of revenue. The company sells through a mix of direct-to-consumer and retail/distributor channels, has material customer and supplier concentration in key areas, and is expanding its retail footprint and international distribution. The business maintains a small U.S.-based workforce, two primary facilities, and a portfolio of patents and trademarks that support its product strategy and partnerships.