Executive Summary
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.
Key Performance Indicators
QoQ: -143.50% | YoY:-181.97%
QoQ: -264.76% | YoY:-44.08%
QoQ: -240.00% | YoY:-55.56%
Key Insights
Revenue: 10,885 (USD); YoY change: +2.37%; QoQ change: +1.99%.
Gross Profit: 10,885; Gross Margin: 100.0% (reported).
Operating Income: -2,174; Operating Margin: -19.97% (ratio shown: -0.1997).
EBITDA: -2,174; EBITDA Margin: approximately -19.97%.
Net Income: -4,475; Net Margin: -41.11%.
EPS: -0.0014; Weighted Avg Shares: 3,292,945; Diluted EPS: -0.0014.
Cash Flow: Net cash provided by operating activities 9,559; Free cash flow 9,560; Net change in cash -6,519; Cash at end of period 87,963...
Financial Highlights
Revenue: 10,885 (USD); YoY change: +2.37%; QoQ change: +1.99%.
Gross Profit: 10,885; Gross Margin: 100.0% (reported).
Operating Income: -2,174; Operating Margin: -19.97% (ratio shown: -0.1997).
EBITDA: -2,174; EBITDA Margin: approximately -19.97%.
Net Income: -4,475; Net Margin: -41.11%.
EPS: -0.0014; Weighted Avg Shares: 3,292,945; Diluted EPS: -0.0014.
Cash Flow: Net cash provided by operating activities 9,559; Free cash flow 9,560; Net change in cash -6,519; Cash at end of period 87,963; Cash at beginning 94,482.
Balance Sheet (selected): Total assets 693,896; Total liabilities 325,690; Total stockholders’ equity 368,206; Cash and cash equivalents 87,963; Short-term debt 127,029; Total debt 127,029; Net debt 39,066. Liquidity ratios: Current ratio 0.274; Quick ratio 0.274; Cash ratio 0.270. Leverage: Debt ratio 0.183; Debt-to-equity 0.345; Price-to-Book 1.592; Price-to-Sales 53.85; Enterprise value multiple -287.59 (implied by current inputs). Retained earnings: -20,761,246.
Note: Several reported items (notably gross margin = 100%, and certain scale levels in thousands) suggest potential data limitations or reporting peculiarities in the provided inputs.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
10.89K |
2.37% |
1.99% |
| Gross Profit |
10.89K |
2.37% |
1.99% |
| Operating Income |
-2.17K |
-181.97% |
-143.50% |
| Net Income |
-4.48K |
-44.08% |
-264.76% |
| EPS |
0.00 |
-55.56% |
-240.00% |
Key Financial Ratios
operatingProfitMargin
-20%
operatingCashFlowPerShare
$0
priceEarningsRatio
-32.75
Management Commentary
No earnings call transcript was provided within the data set. As a result, there are no management quotes or theme-based highlights to extract. Expected themes for AOXY in a post-QQ1 2025 discussion would typically include: occupancy and leasing activity for the Denmark asset, cost-containment actions to address elevated G&A, potential monetization of non-core assets or underutilized real estate, progress on diversifying into the cargo straps distribution business, and capital allocation decisions given liquidity constraints. Investors should seek official management commentary on: (1) occupancy pipeline and rent escalators; (2) cost-reduction plans and any restructurings; (3) any planned debt refinancings or asset sales; (4) guidance for the upcoming quarters and year.
Forward Guidance
No formal forward guidance is present in the supplied data. Given the QQ1 2025 performance, the company faces a high hurdle to achieve meaningful profitability absent significant cost controls or revenue acceleration. Our qualitative assessment suggests the following potential guidance anchors to monitor if provided:
- Revenue trajectory: any guidance on occupancy rates, average rent per square meter, or expansion in the cargo strap distribution revenue stream.
- Cost discipline: targets for G&A reductions, operating cost leverage, and any planned restructuring.
- Balance sheet actions: intent to monetize non-core assets, refinance or reduce short-term debt, and any planned FX exposure hedges.
- Cash flow targets: indicative ranges for operating cash flow and free cash flow, and expected capital expenditure or asset acquisition plans.
Key factors to monitor for achievability: Danish real estate leasing demand, cap rates in the Real Estate Services segment, ongoing overhead levels relative to revenue, and liquidity runway given current ratios and financing activity.