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Karbon-X Corp. (KARX) Stock Fundamental Analysis & AI Rating 2026

KARX OTC Perfumes, Cosmetics & Other Toilet Preparations NV CIK: 0001729637
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-11-30
Combined AI Rating
STRONG SELL
84% Confidence
STRONG AGREEMENT
STRONG SELL
97% Conf
STRONG SELL
70% Conf

📊 KARX Key Takeaways

Revenue: $56.5M
Net Margin: -7.2%
Free Cash Flow: $-3.5M
Current Ratio: 1.15x
Debt/Equity: N/A
EPS: $-0.05
AI Rating: STRONG SELL with 97% confidence
Karbon-X Corp. (KARX) receives a STRONG SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $56.5M, net profit margin of -7.2%, Karbon-X Corp. demonstrates mixed fundamentals in the Consumer sector. Below is our complete KARX stock analysis for 2026.

Is Karbon-X Corp. (KARX) a Good Investment?

Claude

Karbon-X is in severe financial distress with negative stockholders' equity (-$2.4M), indicating technical insolvency on a balance sheet basis. The company is burning cash with negative operating cash flow (-$3.5M) and operating losses (-$3.2M), while maintaining an unsustainably low gross margin of 4.1% that suggests fundamental operational or market competitiveness issues. With liabilities exceeding assets and no path to profitability evident, the company faces imminent solvency risk.

ChatGPT

Fundamentals are weak: razor-thin 4.1% gross margin, negative operating income and free cash flow, and negative shareholders’ equity point to structurally poor unit economics and solvency risk. Liquidity is only modest (current ratio ~1.15x) with negative interest coverage, implying limited capacity to service obligations without external funding. Without clear, sustained margin expansion and a return to positive operating cash flow, downside risk remains high.

Why Buy Karbon-X Corp. Stock? KARX Key Strengths

Claude
  • + Maintains $6.5M in cash and equivalents, providing short-term liquidity runway
  • + Generates $56.5M in annual revenue, indicating some operational presence and customer base
  • + Zero capital expenditure suggests minimal need for reinvestment in current business model
ChatGPT
  • + Meaningful revenue base (~$56.5M) with positive gross profit
  • + Asset-light model with minimal capex needs
  • + Cash balance (~$6.5M) offers short-term liquidity cushion

KARX Stock Risks: Karbon-X Corp. Investment Risks

Claude
  • ! Negative stockholders' equity of -$2.4M indicates technical insolvency and potential bankruptcy risk
  • ! Negative operating cash flow and free cash flow of -$3.5M indicates the business is burning cash unsustainably
  • ! Critically low gross margin of 4.1% (vs. 40-60%+ industry norm) suggests severe cost structure, pricing, or product-market fit problems
  • ! Operating losses with negative interest coverage ratio (-320.6x) render the company unable to service debt obligations from operations
  • ! Liabilities ($20.8M) exceed total assets ($18.4M), creating structural insolvency
ChatGPT
  • ! Negative shareholders’ equity and solvency risk
  • ! Very low gross margin indicating weak pricing/persistent COGS pressure
  • ! Sustained operating and FCF losses with negative interest coverage

Key Metrics to Watch

Claude
  • * Stockholders' equity trend and path to positive equity restoration
  • * Gross margin improvement - any recovery from 4.1% would be critical signal
  • * Operating cash flow - must return to positive to avoid insolvency
  • * Cash burn rate and months of remaining liquidity at current burn rate
ChatGPT
  • * Gross margin (%)
  • * Operating cash flow (OCF)

Karbon-X Corp. (KARX) Financial Metrics & Key Ratios

Revenue
$56.5M
Net Income
$-4.0M
EPS (Diluted)
$-0.05
Free Cash Flow
$-3.5M
Total Assets
$18.4M
Cash Position
$6.5M

💡 AI Analyst Insight

Karbon-X Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

KARX Profit Margin, ROE & Profitability Analysis

Gross Margin 4.1%
Operating Margin -5.7%
Net Margin -7.2%
ROE N/A
ROA -21.9%
FCF Margin -6.2%

KARX vs Consumer Sector: How Karbon-X Corp. Compares

How Karbon-X Corp. compares to Consumer sector averages

Net Margin
KARX -7.2%
vs
Sector Avg 8.0%
KARX Sector
ROE
KARX 0.0%
vs
Sector Avg 18.0%
KARX Sector
Current Ratio
KARX 1.1x
vs
Sector Avg 1.5x
KARX Sector
Debt/Equity
KARX 0.0x
vs
Sector Avg 0.8x
KARX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Karbon-X Corp. Stock Overvalued? KARX Valuation Analysis 2026

Based on fundamental analysis, Karbon-X Corp. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
N/A
Sector avg: 18%
Net Profit Margin
-7.2%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Karbon-X Corp. Balance Sheet: KARX Debt, Cash & Liquidity

Current Ratio
1.15x
Quick Ratio
1.05x
Debt/Equity
N/A
Debt/Assets
112.8%
Interest Coverage
-320.62x
Long-term Debt
$4.9M

KARX Revenue & Earnings Growth: 5-Year Financial Trend

KARX 5-year financial data: Year 2020: Revenue $0, Net Income -$15.3K, EPS N/A. Year 2021: Revenue $0, Net Income -$15.3K, EPS N/A. Year 2022: Revenue $0, Net Income -$238.7K, EPS N/A. Year 2023: Revenue $9.8K, Net Income -$234.7K, EPS N/A. Year 2024: Revenue $412.1K, Net Income -$2.0M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Karbon-X Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline.

KARX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-6.2%
Free cash flow / Revenue

KARX Quarterly Earnings & Performance

Quarterly financial performance data for Karbon-X Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $1.2M -$1.2M $-0.01
Q1 2026 $127.4K -$804.8K $-0.01
Q3 2025 $238.5K -$350.0K N/A
Q2 2025 $36.1K -$350.0K N/A
Q1 2025 $3.8K N/A N/A
Q3 2024 $7.8K -$371.8K N/A
Q1 2024 N/A -$195.9K N/A
Q3 2023 N/A -$1.9K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Karbon-X Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$3.5M
Cash generated from operations
Dividends
None
No dividend program

KARX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Karbon-X Corp. (CIK: 0001729637)

📋 Recent SEC Filings

Date Form Document Action
Feb 10, 2026 S-1/A karx_s1.htm View →
Feb 9, 2026 S-1/A karx_s1.htm View →
Jan 30, 2026 S-1 karx_s1.htm View →
Jan 20, 2026 10-Q karx_10q.htm View →
Oct 15, 2025 10-Q karx_10q.htm View →

Frequently Asked Questions about KARX

What is the AI rating for KARX?

Karbon-X Corp. (KARX) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KARX's key strengths?

Claude: Maintains $6.5M in cash and equivalents, providing short-term liquidity runway. Generates $56.5M in annual revenue, indicating some operational presence and customer base. ChatGPT: Meaningful revenue base (~$56.5M) with positive gross profit. Asset-light model with minimal capex needs.

What are the risks of investing in KARX?

Claude: Negative stockholders' equity of -$2.4M indicates technical insolvency and potential bankruptcy risk. Negative operating cash flow and free cash flow of -$3.5M indicates the business is burning cash unsustainably. ChatGPT: Negative shareholders’ equity and solvency risk. Very low gross margin indicating weak pricing/persistent COGS pressure.

What is KARX's revenue and growth?

Karbon-X Corp. reported revenue of $56.5M.

Does KARX pay dividends?

Karbon-X Corp. does not currently pay dividends.

Where can I find KARX SEC filings?

Official SEC filings for Karbon-X Corp. (CIK: 0001729637) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KARX's EPS?

Karbon-X Corp. has a diluted EPS of $-0.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is KARX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Karbon-X Corp. has a STRONG SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is KARX stock overvalued or undervalued?

Valuation metrics for KARX: ROE of N/A (sector avg: 18%), net margin of -7.2% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy KARX stock in 2026?

Our dual AI analysis gives Karbon-X Corp. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KARX's free cash flow?

Karbon-X Corp.'s operating cash flow is $-3.5M, with capital expenditures of $0.0. FCF margin is -6.2%.

How does KARX compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -7.2% (avg: 8%), ROE N/A (avg: 18%), current ratio 1.15 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-11-30 | Powered by Claude AI