Axelum Resources Corp. (PSE: AXLM), a company that makes and sells coconut food products in the Philippines, announced how much money they made during the first three months of 2026. According to their disclosure filed with the Securities and Exchange Commission (SEC) on May 14, 2026, the company earned ₱267 million in net income.

What Does Axelum Resources Corp. Do?

Think of Axelum as a company that takes coconuts and turns them into different food products that people around the world want to buy. They’re really good at it, making them the leading coconut food manufacturer and exporter in the Philippines.

How Much Money Did They Make?

Axelum’s total sales (what they call “topline”) grew by 7% to reach ₱2.3 billion pesos. This means more people are buying their products compared to the same time last year.

Here’s how their sales grew in different parts of the world:

• North America: Sales went up by 16%
• Australia: Sales jumped by 53%
• Asia: Sales more than doubled (that means they sold more than twice as much!)
• Philippines (local sales): Went up by 2%

The company says they got more customers and bigger orders, which is why they sold more products.

Understanding Their Profits

The company didn’t just make more sales – they also made more profit. Here are the important numbers:

• Gross profit: Increased by 15% to ₱570 million
• EBITDA: Went up by 59% to ₱367 million (this is a way to measure how much money the business makes from its operations)
• Pre-tax profit: Rose by 89% to ₱290 million
• Net income: Jumped by 94% to ₱267 million (this is the actual profit after paying all expenses and taxes)

The company made more profit because they sold more high-value products (the more expensive and premium items) and because of favorable currency exchange rates.

What Challenges Are They Facing?

According to Henry J. Raperoga, the President and Chief Operating Officer of Axelum, the company is dealing with some tough situations. He mentioned that the conflict in the Middle East is causing problems with prices of raw materials and shipping costs. This makes it harder and more expensive to run their business.

Despite these challenges, the company is still growing and making plans to handle these difficulties.

How Strong Is Their Financial Position?

Axelum has a very healthy financial situation, which means they have enough money to handle problems and keep growing. Here’s what their balance sheet looks like:

• Cash and cash equivalents: ₱3.4 billion (that’s a lot of money saved up!)
• Current ratio: 4.2 (this means they have enough money to pay their bills)
• Debt-to-equity ratio: 0.2 (this means they don’t owe too much money compared to what they own)
• Return on equity: 9% annually (this shows they’re making good use of investors’ money)

Having this much cash and low debt gives Axelum a safety cushion to deal with unexpected problems and invest in new opportunities.

What Are Their Plans?

Axelum shared what they want to focus on moving forward:

• Create new products: They want to develop innovative coconut food products that consumers will love
• Cut costs: They’re working on making their business run more efficiently by better managing inventory, improving processes, and using resources wisely
• Stay competitive: By keeping costs low, they can offer good prices even when the market is unpredictable

Mr. Raperoga said the company is “moving forward with guarded optimism,” which means they’re hopeful but also being careful because of all the challenges in the global economy.

About Axelum Resources Corp.

Axelum Resources Corp. trades on the Philippine Stock Exchange under the ticker symbol AXLM. The company has 3,798,405,500 common shares outstanding and is based in Cagayan de Oro City. They specialize in manufacturing and exporting premium coconut food products to customers worldwide.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.