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Thursday, August 11, 2022

Exxe Group Inc (OTCMKTS: AXXA) Heating Up & Breaking Out as Co Reports Record Revenues and Growth

Exxe Group Inc (OTCMKTS: AXXA) is breaking out northbound in heavy trading on a surge of volume as investors continues to accumulate. AXXA is quickly turning into an investor favorite and is currently among the most actively searched and talked about stocks in small caps. The stock continues to move higher towards its February highs – investors are looking for a break over $0.179 and this one could really take off. AXXA is an early adopter of the Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. AXXA has recently executed a major expansion of its 1Myle crypto swaps which now offers transactions in 20 alt coins and its plans to introduce NFTs and gaming tokens as part of the Company’s end-to-end, digital strategy. As part of 1Myle’s objective of contributing $20M in revenue in 2022, Exxe’s crypto exchange services have added two dozen altcoins which are now available for transacting.   

The Company is also making big moves in real estate and its portfolio includes a collection of commercial real estate assets including hotels, mortgages, rental properties, and undeveloped land located in Germany, Switzerland, Eastern Europe, Canada and the US. In recent months, management has alluded to an opportunity to acquire, in stages, commercial and residential assets whose values should approach an estimated $100M. AXXA recently published its fiscal fourth quarter and full-year financial results for the period ended March 31, 2022. Exxe Group generated record annual results for both revenue and net income as well as strong results for the fiscal 2022 fourth-quarter period. Revenue was $11,338,778 as compared with $10,176,590 for the same period a year ago. Net income for the Quarter grew 84.5% to $3,032,871 versus 4Q21. This was driven by the business line mix, which carried higher gross margins. 

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Exxe Group Inc (OTCMKTS: AXXA) is a diversified fintech corporation focusing on acquisitions in the following sectors: real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company. The Company strategy is to acquire controlling equity interests in undervalued companies and undertake an active role in improving their performance – accelerating their growth by providing both access to capital and management expertise. Since 2018 Exxe Group has successfully executed 28 acquisitions across several industries.  The Company operates 4 subsidiaries in Real Estate, FinTech, Digital & Diversified Technologies, and Agribusiness. The Company’s real estate portfolio includes a collection of commercial real estate assets including hotels, mortgages, rental properties, and undeveloped land located in Germany, Switzerland, Eastern Europe, Canada and the US. In recent months, management has alluded to an opportunity to acquire, in stages, commercial and residential assets whose values should approach an estimated $100M. 

AXXA is an early adopter of the Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. The Metaverse represents the convergence of the physical and digital worlds and the next stage in the evolution of the internet, e-commerce, social networks, and digital communities. This market presents a unique opportunity for a rare set of early adopters that have the capabilities to capitalize on these new revenue streams.  Management believes AXXA is well-positioned through leverage of Exxe’s success in physical M&A and business management, along with its digital strategy which already encompasses core tenets of the Metaverse. Thus, Exxe’s initiative sets the stage for broad participation in the growth of the Metaverse ecosystem. 

Exxe has created a unique model for NFTs (Non-Fungible Tokens) and gaming tokens. The Company is offering an unusual soup-to-nuts solution that begins with the design, development, introduction, and marketing of NFTs and gaming tokens. At its core, Exxe takes an agnostic approach to the Metaverse. Exxe’s Daskozept solutions offer compatibility with a number of games and can select from its deep pool of experienced land acquirers, specialist artists, digital marketers, and community builders to its clients seeking to build virtual environments, cities, events, etc. Plus, Exxe is able to integrate tiered fintech transactions via 1Myle using the most popular current and future altcoins for payment processing and other related services. This all-encompassing approach shortens the time for clients of Exxe to establish and acquire a presence and activity in the Metaverse. Exxe believes that its status as a currently active, full-fledged agency leads to digital services business set to account for one-third of revenue. Thus, Exxe is well-positioned to ride the current boom led by passive and active investors and win recurring, six figure deals from large clients seeking our skillset and reach. 

AXXA recently published its fiscal fourth quarter and full-year financial results for the period ended March 31, 2022. Exxe Group generated record annual results for both revenue and net income as well as strong results for the fiscal 2022 fourth-quarter period. Revenue was $11,338,778 as compared with $10,176,590 for the same period a year ago. Net income for the Quarter grew 84.5% to $3,032,871 versus 4Q21. This was driven by the business line mix, which carried higher gross margins. 

Exxe’s focus on more profitable businesses such as M-Moto and Dazkonzept Group is bearing considerable fruit, with a quarterly net margin of 29.8%. Management believes that meaningful gross margin expansion could continue even in the current challenging economic environment. Moreover, revenue for fiscal 2022 (FY22) reached $49,822,494, a 47% increase from $33,900,534 in the same period last year. Gross profit margin increased by fifteen percentage points to 48.3%, up from 33.3% last year, reflecting the business mix shift which strongly made its mark in the second half of the fiscal year. Annual net income of $10,849,864, in particular, demonstrated substantial growth year-over-year of 63.3%, aided by high growth, high-profit segments. Shareholder’s Equity rose to $173,261,253, a 25.1% gain over the $138,465,749 recorded last year. This figure is significant as it reflects a rise in assets of 15.9% from last year. Included in the change in shareholder equity is a roughly $10 million reduction in long-term debt, a key objective outlined by Management earlier in the year. 

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AXXA

M-MOTO – For the period ended March 2022, automotive line M-MOTO recorded record revenue and earnings before interest, taxes (EBIT). Revenue of $9.195 million was 24% higher than the $7.4 million recorded last year. In addition, EBIT represents an unusually high profitability level for the industry. Management believes that sales growth rates and high profitability demonstrate the units’ exceptional services and corporate efficiency. M-MOTO in particular is well-known for its rapid turnaround times in the high-end auto repair industry, resulting in considerable repeat business. 

Daskonzept – The other notable performer included design agency Daskonzept Group, which generated $3.7 million in revenue and more than $1M for just 8 months’ worth of business, as the deal closed in May 2021.Seasonality, recent commercial and government wins, along with the implementation of new, digital utilization concepts such as co-working and profit-sharing models, can provide the Daskonzept Group with revenue visibility into future quarters. 

Looking Ahead 

Despite the challenging environment, we believe our core business drivers will enjoy meaningful growth this year. While we are suspending total company forecasts pending further economic and business clarity, we look forward to providing a more detailed account of our roadmap and goals for the current fiscal year later this summer. 

Dr. Eduard Nazmiev, Exxe Group CEO, commented on the strong financial performance and the Company’s positioning. “We are very pleased with the quarterly and annual results, especially our operating and net income achievements. Our diverse yet integrative model is bearing more fruit with each passing quarter. During the 2022 fiscal year, we re-launched our website (www.ExxeGroup.com), acquired MMC and Dazkonzept, and added to our real estate portfolio. Plus, we made progress on the crypto and Metaverse segments while building strategic green energy positioning. While the current year will have its speed bumps, we believe it will serve as a landmark year for Exxe. Our high-level reorganization and management of real-world assets and digital businesses remain the backbones of our Company’s top-line growth and operating profitability. As a company generating nearly $50 million in annual revenue, and net profit that is greater than our top-line of a few years ago, we believe that we are well-positioned to weather storms and generate sales, profit, and realized value ahead.” 

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Currently making a $10 million market valuation OS is 662,095,768 shares and the float is 490,982,960 shares. AXXA recently published its fiscal fourth quarter and full-year financial results for the period ended March 31, 2022. Exxe Group generated record annual results for both revenue and net income as well as strong results for the fiscal 2022 fourth-quarter period. Revenue was $11,338,778 as compared with $10,176,590 for the same period a year ago. Net income for the Quarter grew 84.5% to $3,032,871 versus 4Q21. This was driven by the business line mix, which carried higher gross margins. The stock continues to move higher towards its February highs – investors are looking for a break over $0.179 and this one could really take off. We will be updating on AXXA when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AXXA.

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Disclosure: we hold no position in AXXA either long or short and we have not been compensated for this article

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