PhoneX(OTC) PXHI

PhoneX Holdings, Inc. is a prominent player in the pre-owned smartphone resale market. The company sources devices through individual sellers and partnerships with mobile carriers and retailers, distributing them to various business and consumer clients.

Products and Services

• Resale of pre-owned smartphones through uSell.com
• Acquisition of devices from mobile carriers and retail chains
• Distribution to B2B clients and end-users via e-commerce platforms

Growth Outlook

• Revenue of $2.38 million in Q2 2026, showing consistent demand
• Net income of $515,213 in Q2 2026, indicating profitability
• Strong gross profit margin of 77% in recent quarters, reflecting operational efficiency

Financial Highlights

• Trailing twelve months (TTM) revenue of $10.5 million, showcasing growth potential
• Dividend yield of 1.06%, appealing for income-focused investors
• Current ratio of 27.79, indicating strong liquidity position

PhoneX Holdings, Inc. operates in the information technology services sector, focusing on the resale of pre-owned smartphones. The company has established a robust supply chain, acquiring devices from various channels and distributing them to a diverse customer base. The recent financial performance highlights a positive trajectory, with significant revenue and net income growth in the latest quarter. The strong gross profit margin underscores the company's ability to manage costs effectively while maintaining competitive pricing. With a solid liquidity position and a reasonable dividend yield, PhoneX Holdings, Inc. presents an intriguing opportunity for potential investors looking to engage in the technology resale market.