Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 13, 2024 at 03:32 pm IST
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Advanced Oxygen Technologies, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 0.01077 million compared to USD 0.010447 million a year ago. Revenue was USD 0.01077 million compared to USD 0.010447 million a year ago. Net income was USD 0.00252 million compared to USD 0.000147 million a year ago.
For the nine months, sales was USD 0.031904 million compared to USD 0.028805 million a year ago. Revenue was USD 0.031904 million compared to USD 0.028805 million a year ago. Net income was USD 0.002848 million compared to net loss of USD 0.000854 million a year ago.
Advanced Oxygen Technologies, Inc. operates through its wholly owned subsidiaries, Anton Nielsen Vojens, ApS (ANV), Sharx Inc. and Sharx DK ApS (Sharx). The Companyâs segments include ANV lease and Sharxâs. The ANV lease segment which leases land in Denmark by long term leases. The Sharxâs segment which generate commissions for the sale cargo security products. ANV is a Danish company, which owns commercial real estate in Vojens, Denmark. Sharx Inc. is a Wyoming corporation, and its operations are derived from its wholly owned subsidiary Sharx DK ApS. Sharx DK ApS is a Danish company, which is a distributor of products for Cleaver ApS, a Danish corporation (Cleaver). Cleaver is a manufacturer of a line of products for the logistics and cargo industry.