# XMax Inc. (XMAX) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $28M |
| 2024 | $3M |
| 2023 | $496,354 |
| 2022 | $7M |
| 2021 | $23M |
| 2020 | $41M |
| 2019 | $66M |
| 2018 | $75M |
| 2017 | $68M |
| 2016 | $63M |
| 2015 | $60M |
| 2014 | $52M |
| 2013 | $39M |
| 2012 | $30M |
| 2011 | $23M |
| 2010 | $13M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/XMAX/shareholders-equity)