Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 10, 2023 at 06:16 am
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Advanced Oxygen Technologies, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 0.010447 million compared to USD 0.009991 million a year ago. Revenue was USD 0.010447 million compared to USD 0.009991 million a year ago. Net income was USD 0.000147 million compared to USD 0.000097 million a year ago.
For the nine months, sales was USD 0.028805 million compared to USD 0.030039 million a year ago. Revenue was USD 0.028805 million compared to USD 0.030039 million a year ago. Net loss was USD 0.000854 million compared to net income of USD 0.055281 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. 
