AXIM Biotechnologies, Inc.

AXIM Biotechnologies, Inc.

AXIM
AXIM Biotechnologies, Inc.US flagOther OTC
0.01
USD
- -
- -
1.70MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
-0.02
-0.27
-0.17
-0.08
-0.12
-0.1
-0.06
-0.12
-0.04
-0.03
-0.01
-0.02
Free Cash Flow per Basic Share
- -
- -
-0.01
-0.04
-0.03
-0.06
-0.08
-0.08
-0.03
-0.02
-0.01
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
-0.02
-0.29
-0.43
-0.42
-0.51
-0.57
-0.38
-0.44
-0.39
-0.29
-0.24
-0.28
Tangible Book Value per Share
- -
- -
-0.02
-0.05
-0.06
-0.12
-0.11
-0.11
-0.08
-0.05
-0.05
-0.05
-0.04
-0.05
Basic Weighted Avg Shares
33
33
33
37
42
53
57
62
110
132
165
246
319
267
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
-34.39
- -
- -
-20,451.26
-7,988.83
-6,619.48
-2,574.53
- -
- -
-12,782.94
-52,425.6
-6,960.98
-2,502.31
-2,493.36
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
- -
- -
- -
Net Income, GAAP
- -
- -
-1
-10
-6
-4
-7
-6
-6
-16
-6
-8
-4
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-34.39
- -
- -
-20,539.22
-12,346
-8,761.7
-3,453.05
- -
- -
-26,517.21
-70,343.09
-20,394.96
-4,996.55
-4,452.06
Working Capital
- -
- -
-1
-1
-2
-6
-1
-2
-1
-2
-3
-6
-7
-7
LT Debt
- -
- -
- -
- -
1
1
5
5
6
5
6
6
7
7
Total Equity
- -
- -
-1
-2
-2
-6
-6
-7
2
-2
-5
-8
-10
-10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.53
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
6
6
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
246
278
294
Market Capitalization
4
3
3

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
5
7
Payables & Accruals
3
2
2
ST Debt
- -
- -
- -
Deferred Revenue
1
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.34%
-34.27%
36.09%
Free Cash Flow
39.82%
-28.66%
-16.75%
Net Income, GAAP
167.94%
12.25%
-56.32%
Sales/Revenue/Turnover
- -
- -
78.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.01
-0.02
- -
- -
-0.03
2024
- -
-0.01
- -
- -
-0.01
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Catalina Valencia
Full Time Employees
6
Sector
Healthcare
Industry
Biotechnology
Address
6191 Cornerstone Court, East San Diego CA United States of America 92121
IPO Date
Sep 2, 2014
Business
AXIM Biotechnologies, Inc. (OTCQB: AXIM) develops and commercializes point-of-care diagnostic tests primarily for ophthalmological conditions such as dry eye disease (DED) and allergic conjunctivitis; its core products include the FDA-cleared TearScan Lactoferrin test for aqueous deficient DED and the TearScan IgE test for ocular total immunoglobulin E allergy, both utilizing rapid lateral flow immunoassays read by a digital assay reader; the company also advances oncological diagnostics like a 10-minute rapid test for cancer biomarkers, custom assay development services through its vertically integrated R&D platform, and earlier tests for SARS-CoV-2 neutralizing antibodies and fentanyl. Founded in 2010 and headquartered in San Diego, California, AXIM operates a 2,000-square-foot facility in the Sorrento Mesa biotechnology hub, serving eye-care physicians, clinics, and research clients primarily in the United States with global commercialization potential via partnerships. Recent developments include filing a Pre-Submission with the FDA in June 2025 seeking CLIA waiver for its Lactoferrin point-of-care test; receiving a California medical device manufacturing license in March 2024; partnering with Auer Precision in December 2023 for scaled production of IgE and Lactoferrin assays; securing a restock order from commercialization partner Verséa Ophthalmics in February 2024 following clinical validation; and announcing an exclusive distribution agreement with VisionPlus Corp. in October 2025 for TearScan Lactoferrin and IgE tests.

Company News

APIChat
  • VIDEO: AXIM Biotechnologies CEO Presents at Benzinga Virtual Healthcare Summit 2024

  • AXIM® Biotechnologies' Tear Based Testing Platform Continues to Gain Traction After Successful Clinical Validation

  • AXIM® Biotechnologies Partners With Leading Diagnostic Manufacturer Auer Precision to Scale Assay Production

  • AXIM® Biotechnologies Receives Notice of U.S. Patent Allowance for Three Separate Patents Including Its Rapid Point of Care Neutralizing Antibody Test

  • Update: AXIM® Biotechnologies Starts Shipping Revenue Generating IgE Diagnostic Validation Assays to Customers Nationwide

  • AXIM® Biotechnologies Starts Shipping Revenue Generating IgE Diagnostic Validation Assays to Customers Nationwide

  • AXIM® Biotechnologies Develops Next Generation of its Rapid Neutralizing Antibody Test for COVID-19

  • AXIM® Biotechnologies Appoints Leading US Ophthalmic Surgeon and Researcher Dr. Henry D. Perry to its Medical Advisory Board

  • AXIM® Biotechnologies Appoints Senior DED Expert Dr. Laura Periman to its Medical Advisory Board

  • AXIM® Biotech Appoints Ophthalmic Industry Veteran Jeff Busby as Senior VP Business Development

  • AXIM® Biotechnologies' Manufacturing Partner Empowered Diagnostics Files Amended Emergency Use Authorization with FDA for its Rapid COVID-19 Neutralizing Antibody Test in Whole Blood at Point-of-Care Locations

  • AXIM® Biotechnologies' Manufacturing Partner Empowered Diagnostics Files for Approval for Use of Rapid COVID-19 Neutralizing Antibody Test in Whole Blood at Point-of-Care Locations in Canada and the EU

  • AXIM® Biotechnologies Successfully Completes Point-of-Care Clinical Trials on its Rapid COVID-19 Neutralizing Antibody Test