Advanced Oxygen Technologies, Inc.

AOXY: 10-K · periodic report

Advanced Oxygen Technologies (AOXY) filed its fiscal 2026 annual report (year ended June 30, 2026), reporting revenue of $47,444, up from $43,445 a year earlier, and net income of $102,970 ($0.03 per share) versus $4,138 ($0.00 per share) in fiscal 2025. The profit jump was driven largely by an $86,618 income tax benefit rather than operations, as income from operations was only $16,337. The company is effectively a single-asset real estate play: its Danish subsidiary ANV leases a 750 square meter fuel-station parcel in Vojens, Denmark to Circle K Denmark A/S, its only customer, generating 100% of revenue. The lease's initial term expired in February 2026 and now runs on 6-month auto-extensions until 2027, with Circle K able to terminate on 6 months' notice, while the Sharx cargo-security distribution arm again produced no revenues. Liquidity remains thin with $39,259 in cash, a working capital deficit of $3,886, and $127,029 in notes payable (interest waived through June 30, 2026 and extended to July 1, 2027). CEO Robert Wolfe waived his $500,000 annual salary, and the stock trades at $0.08 on OTC Pink, where penny stock rules apply and the non-affiliate market value was only about $70,626 at December 31, 2025.

SEC 10-K•1mo ago

AOXY: 10-Q · periodic report

Advanced Oxygen Technologies, Inc. reported a slight increase in revenue for the nine-month period ending March 31, 2026, compared to the same period in 2025. The revenue increased from $34,726 to $35,516, primarily due to lease revenues and currency fluctuations. The company's net income for the nine-month period ending March 31, 2026 was $2,657, down from $3,495 in the same period in 2025. The decrease in net income is mainly attributable to lease revenues and currency translation adjustments. As of March 31, 2026, the company's cash position was $34,626, a decrease from $57,225 as of June 30, 2025. The decrease is primarily due to currency translation. The company has a total debt of $127,029, which is the current portion of a promissory note issued to Borkwood Development Ltd in 2006. The note has been extended until July 1, 2026, and interest has been waived through the period ending June 30, 2025.

SEC 10-Q•5mo ago