Advanced Oxygen Technologies Reports Net Income
Ticker: AOXY · Form: 10-Q · Filed: May 1, 2025 · CIK: 352991
| Field | Detail |
|---|---|
| Company | Advanced Oxygen Technologies Inc (AOXY) |
| Form Type | 10-Q |
| Filed Date | May 1, 2025 |
| Risk Level | medium |
| Sentiment | bullish |
Sentiment: bullish
Topics: earnings, financial-results, real-estate
TL;DR
Aoxy turned a profit! Net income of $3.29M for 9 months ending 3/31/25 vs. loss last year. Big turnaround.
AI Summary
Advanced Oxygen Technologies Inc. filed a 10-Q for the period ending March 31, 2025. The company reported total assets of $60 million. For the nine months ended March 31, 2025, the company reported net income of $3.29 million, compared to a net loss of $3.29 million for the same period in the prior year. The company's fiscal year ends on June 30.
Why It Matters
The company has shifted from a net loss to a net income, indicating a potential improvement in financial performance.
Risk Assessment
Risk Level: medium — While the company has shown improved profitability, the real estate SIC code and limited financial details in the provided text suggest potential underlying risks.
Key Numbers
- $60.0B — Total Assets (As of March 31, 2025)
- $3.29M — Net Income (Nine months ended March 31, 2025)
- $3.29M — Net Loss (Nine months ended March 31, 2024)
Key Players & Entities
- ADVANCED OXYGEN TECHNOLOGIES INC (company) — Filer
- 0000352991 (company) — Central Index Key
- 20250331 (date) — Period of Report
- $60,000,000 (dollar_amount) — Total Assets
- $3,292,945 (dollar_amount) — Net Income (9 months ended 03/31/2025)
- $3,292,945 (dollar_amount) — Net Loss (9 months ended 03/31/2024)
FAQ
What is the primary business of Advanced Oxygen Technologies Inc.?
The filing lists the Standard Industrial Classification as 'Real Estate [6500]'.
What was the net income for the nine months ended March 31, 2025?
The company reported a net income of $3,292,945 for the nine months ended March 31, 2025.
What was the net result for the same period in the prior year?
For the nine months ended March 31, 2024, the company reported a net loss of $3,292,945.
When is Advanced Oxygen Technologies Inc.'s fiscal year end?
The company's fiscal year ends on June 30.
What were the total assets reported as of March 31, 2025?
Total assets were reported as $60,000,000 as of March 31, 2025.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding ADVANCED OXYGEN TECHNOLOGIES INC (AOXY).