Abaxx Technologies (ABXX) Q1 2026 earnings summary

Executive summary

• Achieved record growth in exchange trading volumes, with Q1 2026 volume up 145% over Q4 2025 and April 2026 surpassing all 2025 totals.

• Launched new futures contracts in wind, solar, gold, and silver, expanding product suite and market reach.

• Commercialized MarketOS technology suite and advanced digital title solutions, including pilots for physical gold and money market funds and a partnership with Alta for T+0 collateral.

• Listed on the Toronto Stock Exchange, increasing investor visibility and delisting from Cboe Canada.

• Building next-generation market infrastructure and digital solutions for global commodity markets, targeting significant growth in trading volumes and digital asset tokenization by 2030.

Financial highlights

• Q1 2026 total trading volume reached 236,138 contracts, a 145% increase over the previous quarter.

• April 2026 volume was 255,645 contracts, exceeding Q1 by 8%.

• Q1 2026 revenue reached C$1.5 million, with total assets of C$103.6 million as of March 31, 2026.

• Cash and cash equivalents stood at C$44.8 million, with equity of C$57.8 million.

• Average daily volume (ADV) rose from 1,500 in Q4 2025 to 3,800 in Q1 2026, and to 12,174 in April 2026.

Outlook and guidance

• Focused on de-risking path to 1 million ADV over the next three to five years and targeting 1 million ADV in futures/options by 2030.

• Plans to continue onboarding new members, growing volumes, and launching new products through year-end.

• Targeting emergence of new benchmark prices and high-margin revenues within six quarters.

• Commercialization of digital title platform targeting a US$3.9 trillion market in clearing margin, trade finance, and commodity financing.

• Technology commercialization expected to ramp up in the second half of the year.