Executive Summary
AOXY delivered a stable QQ4 2024 with revenue of 10,673 (USD thousands) and net income of 2,716, supported by robust operating cash flow of 13,759 and free cash flow of 13,758. The company maintains a diversified asset base consisting of a land parcel in Vojens, Denmark (including a fuel station) and non-core distribution activities (cargo straps and tie downs). The quarter shows modest YoY revenue growth (0.68%) but a slight QoQ decline (-0.90%), with operating margins sustaining strong profitability at approximately 46.8% and a net margin near 25.4%, underscoring earnings quality despite a tight liquidity profile.
Key Performance Indicators
Key Insights
Revenue and Profitability: Revenue 10,673 (USD thousands) in Q4 2024; YoY growth 0.68% and QoQ change -0.90% (per reported metrics). Gross profit reported as 10,673 with a gross margin of 100.0% (grossProfitMargin = 1.0000), suggesting cost of revenue is reported as nil or immaterial in the stub data. Operating income 4,998 (margin ~46.8%), EBITDA 4,997 (EBITDA margin ~46.8%), and income before tax 4,999 with a tax expense of 2,282. Net income 2,716 (net margin ~25.45%), EPS 0.001. D&A repor...
Financial Highlights
Revenue and Profitability: Revenue 10,673 (USD thousands) in Q4 2024; YoY growth 0.68% and QoQ change -0.90% (per reported metrics). Gross profit reported as 10,673 with a gross margin of 100.0% (grossProfitMargin = 1.0000), suggesting cost of revenue is reported as nil or immaterial in the stub data. Operating income 4,998 (margin ~46.8%), EBITDA 4,997 (EBITDA margin ~46.8%), and income before tax 4,999 with a tax expense of 2,282. Net income 2,716 (net margin ~25.45%), EPS 0.001. D&A reported at 9,455 versus EBITDA of 4,997 highlights a non-cash, sizable amortization/depreciation component relative to EBITDA in the period.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
10.67K |
0.68% |
-0.90% |
| Gross Profit |
10.67K |
0.68% |
-0.90% |
| Operating Income |
5.00K |
-9.62% |
-7.27% |
| Net Income |
2.72K |
-13.09% |
7.78% |
| EPS |
0.00 |
0.00% |
25.00% |
Key Financial Ratios
operatingProfitMargin
46.8%
operatingCashFlowPerShare
$0
Management Commentary
Notes on the earnings call transcript are unavailable in the provided data. The public-facing figures imply a business with stable quarterly top-line performance and material depreciation/amenization activity. The implied themes for management discussion, if available, would likely cover: 1) levered cash flow generation from the real estate asset base and ancillary revenue streams; 2) the contribution of non-core businesses (cargo straps and tie-downs) to overall profitability; 3) balance sheet discipline given moderate leverage and liquidity posture; 4) potential monetization or strategic options for the Denmark land asset and fuel-station parcel; and 5) near-term sensitivity to real estate market dynamics and financing conditions.
Transcript not available for QQ4 2024; management quotes were not provided in the supplied data.
β AOXY Management
Transcript not available for QQ4 2024; no second quote was provided in the supplied data.
β AOXY Management
Forward Guidance
No formal forward guidance was provided in the QQ4 2024 data extract. Given the stability in quarterly revenue and solid operating cash flow, an investor could scenario-plan for: (a) base case: continued cash flow generation with modest revenue in the 10.6β10.7 million range quarterly and EBITDA margins persisting around the ~46β47% level, supported by disciplined operating expenses; (b) upside: potential monetization or strategic development opportunities around the Danish asset or expansion of non-core product lines, which could lift revenue diversification; (c) downside: liquidity constraints reflected by a current ratio of 0.46 and reliance on financing activities for working capital management, plus exposure to real estate cycle risks and interest rate movements affecting debt servicing. Key factors to monitor include occupancy/lease activity on the Danish property, renewal rates for non-core segments, gross margin sustainability given potential SKU mix shifts, debt maturities, and any management commentary on asset monetization opportunities.