# AVAX One Technology Ltd. (AVX)

**Exchange:** NYSE  
**Sector:** Technology  
**Market cap:** $7M  
**Price:** $0.41 (-0.84%)

> AVAX One Technology Ltd. is a technology company serving as the first publicly traded Avalanche Treasury, providing regulated access to the Avalanche blockchain ecosystem. It focuses on building an institutional gateway to the onchain financial economy through disciplined AVAX token accumulation, protocol-native staking, onchain yield generation, and institutional-grade infrastructure. The company operates TerraHash Digital™, which builds and runs decentralized compute platforms powered by off-grid, emissions-tracked natural gas systems for Bitcoin mining and other digital workloads, with deployments including sites in Alberta, Canada. AVAX One Technology Ltd. also pursues selective fintech acquisitions to integrate core financial workflows onto the Avalanche network, enhancing efficiency and transparency in digital finance. Headquartered in Vancouver, British Columbia, Canada, it bridges traditional capital markets and blockchain innovation, positioning itself at the forefront of digital asset treasury management and decentralized finance applications within the Avalanche ecosystem.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2M | — | -$22M | -$33M | — |
| 2024 | $26,572 | -$21,228 | -$10M | -$16M | — |
| 2023 | $16,281 | $2,704 | -$11M | -$12M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $195M | $8M | $187M | $22M | — |
| 2024 | $11M | $5M | $6M | $489,868 | $1M |
| 2023 | $17M | $9M | $9M | $4M | $11M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$14M | — | — |
| 2024 | -$5M | — | — |
| 2023 | -$7M | — | — |
| 2022 | -$12M | — | — |
| 2021 | -$5M | — | — |
| 2020 | -$2M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/AVX)