The stock may react positively to the strong revenue growth and 2026 cost reduction outlook, but the massive goodwill impairment and continued losses raise sustainability concerns. Watch for 2026 execution on cost discipline and GMV growth as key validation points.
Price Chart
Executive Summary
Amaze Holdings reported full-year 2025 financial results with revenue growth from $299K to $1.97M, but a大幅 operating loss of $54.4M driven by a $34.3M goodwill impairment and high SG&A expenses. The company is transitioning to a creator-powered commerce platform and expects cost reductions and growth acceleration in 2026.
Key Financial Metrics
Key Facts
- Revenue increased from $299,065 in 2024 to $1,967,148 in 2025 (558% YoY growth)
- Operating loss widened to $54.4M in 2025 from $3.1M in 2024, primarily due to $34.3M goodwill impairment
- SG&A expenses rose to $15.7M in 2025 from $3.1M in 2024, including one-time costs from business combination
- Company expects significant cost reduction in 2026 as one-time expenses conclude
- GMV totaled $9.4M in 2025; new Amaze Commerce platform to drive 2026 growth
Financial Impact
Revenue up 558% YoY to $1.97M, but operating loss expanded to $54.4M due to non-cash goodwill impairment and high operating costs
Risk Factors
- High risk of continued losses and cash burn in 2026 despite cost reduction plans
- Revenue still minimal ($1.97M) relative to $54.4M operating loss, raising questions about unit economics
- Forward-looking growth expectations are speculative and dependent on unproven platform adoption
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3266426 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 20, 2026 6w ago | 8-K | $0.1910 $0.1470 | ▼ −23.04% | ▼ −23.04% | $0.0270 (−85.86%) |
Aug 17, 2026 6w ago | Press Release | $0.2114 $0.1341 | ▼ −36.57% | ▼ −34.59% | $0.0270 (−87.23%) |
Jun 9, 2026 16w ago | DEFA14A | $0.1320 $0.1190 | ▼ −9.85% | ▼ −13.47% | $0.0270 (−79.55%) |
Jun 3, 2026 17w ago | Press Release | $1.15 $0.9520 | ▼ −17.36% | ▼ −16.36% | $0.0270 (−97.66%) |
Apr 1, 2026 26w ago | Press Release | $0.1400 $0.1250 | ▼ −10.71% | ▼ −20.44% | $0.0270 (−80.71%) |
Mar 25, 2026 27w ago | Press Release | $0.2200 $0.1550 | ▼ −29.55% | ▼ −37.41% | $0.0270 (−87.73%) |
Feb 27, 2026 31w ago | EFFECT | $0.3410 $0.1990 | ▼ −41.64% | ▼ −34.09% | $0.0270 (−92.08%) |
Feb 24, 2026 31w ago | S-1/A | $0.3750 $0.2200 | ▲ +41.33% | ▲ +36.10% | $0.0270 (+92.80%) |
US Market Status
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