Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2020
January 25, 2021 at 11:04 am
Share
Advanced Oxygen Technologies, Inc. announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced total revenue was USD 10,284 compared to USD 9,281 a year ago. Operating income was USD 6,992 compared to USD 2,823 a year ago. Net income was USD 4,204 compared to USD 183 a year ago. For the half year, total revenue was USD 20,886 compared to USD 18,610 a year ago. Operating income was USD 6,241 compared to operating loss of USD 110,063 a year ago. Net income was USD 726 compared to net loss of USD 115,363 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. 
