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Foxx Development Holdings

FOXX
NASDAQInformation Technology
$3.15
USD
-0.61(-16.22%)
At close: Jun 12, 20:00 UTC

Open

$3.12

Prev. Close

$3.12

High

$3.14

Low

$3.12

Market Snapshot

Market Cap

$22.07M

P/E Ratio

-0.5

EPS

-0.28

Revenue

$42.47M

Employees

25

About

Foxx Development Holdings, Inc. engages in consumer electronics and integrated Internet-of-Things (IoT) solutions, catering to both retail and institutional clients. The company is headquartered in Austin, Texas and currently employs 25 full-time employees. The company went IPO on 2022-06-10. The company provides sales, retail, distribution and after-sales support services, and engages in research and development of customization standards and services. The company offers a diverse range of products including mobile phones, tablets and other consumer electronics devices throughout the United States, and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. The company is also engaged in developing a cloud platform that aims to connect all its devices to a secure central server, creating a unified ecosystem. The platform brings substantial benefits, particularly in systematized upgrades, efficient IoT operations, improved human-machine interactions, enhanced data analytics and smarter decision-making. Its customers are primarily distributors who sell its products on the U.S. public channels.

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