KAVL · XBRL financial data

Kaival Brands Innovations Group financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (KAVL's year ends in late October)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Oct 31, 2021	FY 2022Oct 31, 2022	FY 2023†Oct 31, 2023	FY 2024†Oct 31, 2024	FY 2025Oct 31, 2025
Revenue	—	58,776	12,761	13,087	6,887	485
Cost of revenue	—	46,843	11,520	10,512	4,281	—
Gross profit	—	11,934	1,241	2,575	2,605	485
General and administrative	—	19,207	12,950	10,788	7,628	7,287
Total operating expenses	—	22,403	15,630	13,238	8,314	17,124
Operating income (loss)	—	4,000	4,500	23,800	29,800	—
Interest expense	—	—	—	467	730	9
Income tax expense (benefit)	—	1,435	(18)	2	20	(19)
Net income (loss)	—	(9,033)	(14,370)	(11,133)	(6,699)	(16,630)
Earnings per share, basic USD per share	—	—	(7.60)	(4.13)	(1.62)	(1.51)
Earnings per share, diluted USD per share	—	—	(7.60)	(4.13)	(1.62)	(1.51)
Weighted average shares, basic thousands of shares	—	—	1,891	2,721	4,314	11,033
Weighted average shares, diluted thousands of shares	—	—	1,891	2,721	4,314	11,033

† Share count changed about 1/9 in the period ending 2021-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/20 in the period ending 2023-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 4x in the period ending 2024-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (KAVL's year ends in late October)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Oct 31, 2021	FY 2022Oct 31, 2022	FY 2023†Oct 31, 2023	FY 2024†Oct 31, 2024	FY 2025Oct 31, 2025
Cash and cash equivalents	7,422	7,825	3,686	0	0	0
Accounts receivable	1,402	1,985	575	1,869	264	120
Inventory	6	15,326	1,240	4,072	—	—
Total current assets	8,845	30,135	9,073	6,905	4,510	669
Right-of-use asset	70	56	1,199	1,008	810	—
Total assets	8,915	30,191	12,437	19,385	16,004	669
Accounts payable	—	243	40	374	57	349
Accrued liabilities	1,062	580	1,099	736	926	170
Total current liabilities	4,438	13,820	1,585	4,962	1,526	569
Lease liability, non-current	59	46	1,051	866	662	—
Total liabilities	4,498	13,866	2,636	5,828	2,189	569
Retained earnings (accumulated deficit)	3,773	(5,261)	(19,631)	(30,764)	(37,463)	(54,093)
Total stockholders' equity	4,418	16,324	9,801	13,557	13,816	100
Total liabilities and equity	8,915	30,191	12,437	19,385	16,004	669
Common shares outstanding (cover page) thousands of shares	279,172	30,233	56,169	2,846	11,542	13,535

† Share count changed about 1/9 in the period ending 2021-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/20 in the period ending 2023-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 4x in the period ending 2024-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (KAVL's year ends in late October)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Oct 31, 2021	FY 2022Oct 31, 2022	FY 2023†Oct 31, 2023	FY 2024†Oct 31, 2024	FY 2025Oct 31, 2025
Net income (loss)	—	(9,033)	(14,370)	(11,133)	(6,699)	(16,630)
Stock-based compensation	—	9,449	238	0	62	62
Net cash from operating activities	—	(9,313)	(5,705)	(2,973)	(673)	(2,773)
Purchases of property and equipment	—	—	—	3	—	—
Net cash from investing activities	—	—	0	(316)	—	—
Proceeds from issuing common stock	—	8,306	—	—	5,998	24
Dividends paid	—	—	—	—	—	405
Net cash from financing activities	—	9,717	1,566	137	4,041	(595)

† Share count changed about 1/9 in the period ending 2021-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/20 in the period ending 2023-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 4x in the period ending 2024-10-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 5960 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5960 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Kaival Brands Innovations Group	0	55	(145)*	19.5M	0.0 quarters	Q3 FY26 10-QJul 31, 2026
A.K.A. Brands Holding	15,554	161,340	(2,524)*	11.1M	—	Q3 FY26 10-QSep 30, 2026
Caro Holdings	0.6	1	(15)	60.7M	0.0 quarters	Q1 FY27 10-QJun 30, 2026
Lulu's Fashion Lounge Holdings	4,123	67,807	586*	2.9M	—	Q2 FY26 10-QJun 28, 2026
Hour Loop	985	33,944	(1,355)*	35.2M	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Integrated Wellness Acquisition	0	not reported	27*	not reported	—	Q4 FY25 10-KDec 31, 2025
Beachbody Company	32,389	49,613	(3,243)*	not reported	10.0 quarters	Q2 FY26 10-QJun 30, 2026
Global AI	41	116	(118)*	not reported	0.3 quarters	Q2 FY26 10-QJun 30, 2026
Old QVC Group	1,367,000	1,998,000	132,000*	not reported	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.