Information Required of Brokers and Dealers (Form X-17A-5)

Report for the Period Beginning	01-01-2024
and Ending	12-31-2024
Type of Registrant	Broker-dealer
	OTC derivatives dealer

Material Weakness
Does this submission include an accountant's report covering the compliance report that indentifies one or more material weaknesses?	Yes No

Name of Broker-dealer

PHX FINANCIAL, INC.

Address of Principal Place of Business (Do not use P.O. Box No.)

Address 1	100 WALL STREET
Address 2	FLOOR 10
City	NEW YORK
State/Country	NEW YORK
Mailing Zip/ Portal Code	10005

Name and Telephone Number of Person to Contact in Regard to this Report

Name	Robert Gilman
Telephone Number	561-771-0036

Independent Public Accountant

Name - if individual, state last, first, and middle name	Sanville & Company
Address 1	2617 Huntingdon Pike
City	Huntingdon Valley
State/Country	PENNSYLVANIA
Mailing Zip/ Postal Code	19006
Check One	Certified Public Accountant Certified Public Accountant not resident in United States or any of its possessions

Oath or Affirmation

I, Kevin Chen, swear (or affirm) that, to the best of my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of PHX FINANCIAL, INC., as of 12-31-2024, are true and correct. I further swear (or affirm) that neither the company nor any partner, proprietor, principal officer or director has any proprietary interest in any account classified solely as that of a customer, except as follows:

Signature	Kevin Chen
Title	CEO

Notary Public

Checking this box acknowledges that this oath or affirmation has been notarized.