Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2021
April 26, 2021 at 03:27 pm EDT
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Advanced Oxygen Technologies, Inc. announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced total revenue was USD 10,404 compared to USD 9,326 a year ago. Operating income was USD 4,110 compared to USD 6,081 a year ago. Net income was USD 1,378 compared to USD 4,176 a year ago. For the nine months, total revenue was USD 31,017 compared to USD 27,936 a year ago. Operating income was USD 10,351 compared to operating loss of USD 103,982 a year ago. Net income was USD 2,104 compared to net loss of USD 111,187 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.04 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. 
