AOXY reported QQ1 2025 revenue of 10,885 (USD) with a YoY increase of 2.37% and a QoQ increase of 1.99%. Despite the top-line uptick, the quarter delivered a net loss of 4,475 and an EBITDA shortfall of 2,174, resulting in an operating income margin of approximately -19.97% and a net margin near -41.11%. The gross profit equals revenue in the disclosed figures, yielding a gross margin of 100%, which is atypical for the sector and suggests either reporting simplifications or data limitations in the presented inputs. General and administrative expenses were 13,059, driving a substantial overhead burden relative to the lease-based revenue base. EPS stood at -0.0014 (diluted).
On the liquidity and cash flow front, AOXY generated positive operating cash flow of 9,559 and free cash flow of 9,560, supporting a cash balance of 87,963 at period-end. However, the company ended the period with a net cash decrease of 6,519, largely attributed to a negative financing activity impulse (-19,986) and notable foreign exchange effects (3,908). The balance sheet shows modest liquidity stress indicators with current ratio 0.274 and quick ratio 0.274 despite the cash cushion, and total debt of 127,029 against cash of 87,963, yielding a net debt of 39,066. Leverage metrics remain moderate (debt ratio ~0.183; debt-to-equity ~0.345). Retained earnings are deeply negative, reflecting accumulated losses, which underscores the need for a sustainable path to profitability.
Management commentary is not provided in the supplied transcript data. In the absence of an earnings-call transcript, investors should monitor any forthcoming guidance around lease occupancy, cost discipline, asset monetization, and capital allocation plans that could meaningfully alter the risk/return profile. Given the current earnings mix and liquidity profile, AOXY presents as a high-risk, high-uncertainty opportunity with potential upside from strategic actions that monetize assets or improve operating leverage, but with near-term downside risk if the cost base cannot be brought under control.