Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2019
April 17, 2019 at 05:14 pm EDT
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Advanced Oxygen Technologies, Inc. announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced total revenue was USD 9,528 compared to USD 10,215 a year ago. Operating income was USD 5,712 compared to USD 7,032 a year ago. Net loss was USD 838 compared to net income of USD 3,686 a year ago. Basic loss per share from continuing operations was USD 0.0004 compared to basic earnings per share from continuing operations of USD 0.0016 a year ago. Diluted loss per share from continuing operations was USD 0.004 compared to diluted earnings per share from continuing operations of USD 0.0016 a year ago. For the nine months, total revenue was USD 28,689 compared to USD 29,849 a year ago. Operating income was USD 13,197 compared to USD 13,956 a year ago. Net income was USD 4,625 compared to USD 4,026 a year ago. Basic earnings per share from continuing operations was USD 0.002 compared to USD 0.0018 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. 