• Exxe Group reports significant financial & operational improvements; Strengthens growth strategy for 2025
• Third Quarter Total Revenue: $14.99 million; Profit: $7.40 million
• Exxe updates on audit status

SHERIDAN, Wyo.--(BUSINESS WIRE)--Feb. 20, 2025-- Exxe Group, Inc. (OTC PINK: AXXA), ("Exxe" or the "Company"), a diversified fintech and management consulting company, today announced key financial updates and strategic initiatives aimed at strengthening shareholder value and accelerating business growth.

Key Financial Highlights:

Debt Reduction: Exxe successfully reduced total liabilities by $43.86 million from $68,312,081 in December 2022 to $24,455,224 in December 2024. Total long-term debt over the same period was reduced by $31.07 million from $49,356,045 to $18,288,350. This enhances financial flexibility and strengthens the balance sheet.

Revenue Performance: The company generated $14.99 million in Q3 2024 and $47.28 million over the first nine months of FY-2025. The quarterly revenue run rate remains stable at $15.76 million as Exxe transitions to a higher-margin, service-based model.

Stockholders’ Equity Growth: Increased from $141.92 million as of March 31, 2024 to $157.79 million as of December 31, 2024, reflecting improvements in business valuation and operational efficiency.

Operational Profitability: Q3 2024 operating income reached $7.39 million, with a strong gross profit of $7.58 million, showcasing sustainable earnings potential.

Strategic Roadmap for 2025:

Expansion of SaaS & Management Services: Exxe is scaling up its fintech, blockchain, and AI-powered consulting services to attract new high-value clients.

Accelerated Client Onboarding: The company is integrating new businesses into the Exxe platform, expediting revenue-sharing structures for faster cash flow generation.

Blockchain & Tokenization Strategy: Following the ChainAdoption acquisition, Exxe is working on Real World Assets (RWA) real estate tokenization and digital asset strategies, set to create new investment models and revenue streams.

Audit & Financial Transparency: Exxe remains on track to submit company-wide audited financials, ensuring greater transparency and credibility for investors. Exxe management is working to prepare the yearly audits at the corporate-parent level for the year end March 31, 2025.

The Company approved providing financial statements for the first three Quarters including the current Quarter ending December 31, 2024 to the Auditor. The last Quarter for yearly audit will be provided to the Auditors when Exxe completes financial disclosures for March 31, 2025.

CEO Commentary: “Exxe Group has made tremendous strides in reducing debt, expanding service offerings, and positioning the company for long-term profitability. The focus remains on increasing recurring revenues, onboarding high-value clients, and leveraging blockchain and AI to enhance Exxe’s business model. FY-2026 will be a transformative year for Exxe and its investors.”

About Exxe Group

Exxe is a multidisciplinary technology company that develops, acquires, and delivers diversified service suites through its proprietary, innovative platform. The Company offers these suites and applications via a hybrid SaaS-based model to enhance operations and productivity for digital and brick and mortar businesses. Core competencies and capabilities include fintech-based financial management, marketing through media and design, management consulting, strategic advisory, and AI-based systems. Exxe operates in a broad scope of segments. These include fintech, real estate, agritech, software, AI, medical products, media and design, automotive products, and automotive repair. Revenue and profit are generated via license, software, and service contracts related to its platform and core competencies. For additional information please visit the Company's:

Website: http://www.exxegroup.com/
Twitter: https://twitter.com/exxegroup

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250220999136/en/

Exxe Group IR: info@exxegroup.com

Source: Exxe Group, Inc.