Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
January 24, 2024 at 04:13 pm EST
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Advanced Oxygen Technologies, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 0.010501 million compared to USD 0.009382 million a year ago. Revenue was USD 0.010501 million compared to USD 0.009382 million a year ago. Net income was USD 0.003434 million compared to USD 0.002249 million a year ago.
For the six months, sales was USD 0.021134 million compared to USD 0.018358 million a year ago. Revenue was USD 0.021134 million compared to USD 0.018358 million a year ago. Net income was USD 0.000328 million compared to net loss of USD 0.001001 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.
ADVANCED OXYGEN TECHNOLOGIES, INC. 
