Axis Technologies Group AXTG · USD

Its shares trade under the ticker AXTG. It has been listed since 24 February 1998. In the fiscal year to 31 December 2023, it reported revenue of $90,053 and a net loss of $64,637. At that date it held total assets of $1.7m and shareholders' equity of −$16.0m.

Axis Technologies Group, Inc. engages in the development and marketing of daylight harvesting fluorescent lighting ballasts for the reduction of electricity consumption. The company is headquartered in Lincoln, Nebraska. Axis’s market for advertising and selling the product lies within North America. The Company’s primary products are self-contained electronic, dimming and daylight harvesting, fluorescent ballasts. A ballast is an electrical component used with a fluorescent bulb to conduct electricity at each end of the tube. The company supplies the initial electricity to the bulb that creates light, and then it regulates the amount of electricity flowing through the bulb so that it emits the right amount of light.Axis’s primary product is the T8 Axis Daylight Harvesting Dimming Ballast. This ballast uses technology that transforms the standard ballast, into a energy saving system.

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• Mr. William TienPresident, Chief Executive Officer, Director, since 2021
• Mr. Richard CasinelliChief Financial Officer and Principal Financial Officer
• Mr. Kipton HirschbachTreasurer, Company Secretary, Director, since 2006$150,000

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