Advanced Oxygen Technologies Reports Revenue Growth to $11.8 Million, Net Loss Improves

Advanced Oxygen Technologies, Inc. reported its financial results for the three months ending September 30, 2025, revealing a total revenue of $11.8 million, an increase from $10.9 million in the same period last year. The growth in revenue is attributed primarily to currency fluctuations affecting the company's operations in Denmark, where it derives its rental income. The company reported a net loss of $3.4 million, a slight improvement from the net loss of $4.5 million recorded in the prior year, reflecting a reduction in operating expenses.

The company's operating expenses decreased to $12.8 million from $13.1 million year-over-year, driven by a reduction in general and administrative costs, which fell from $2.0 million to $1.3 million. Professional fees, however, increased slightly from $11.0 million to $11.5 million, primarily due to audit fees. The overall loss from operations improved to $(973,000) compared to $(2.2 million) in the previous year, indicating a positive trend in operational efficiency.

In terms of operational metrics, Advanced Oxygen Technologies continues to rely heavily on its subsidiary, Anton Nielsen Vojens, ApS, which leases commercial real estate in Denmark. The company reported no retail customers for its other subsidiary, Sharx DK ApS, during the quarter. The total assets of the company decreased to $681.2 million from $693.1 million, while total liabilities also saw a reduction to $268.4 million from $277.5 million. The company’s working capital deficit increased slightly to $94.7 million, reflecting ongoing challenges in managing its financial obligations.

Looking ahead, Advanced Oxygen Technologies is actively pursuing opportunities for growth through potential acquisitions or mergers that could enhance its earnings potential. The company is in discussions with various entities regarding possible acquisitions but has not finalized any agreements. Additionally, it is seeking to raise capital to support its operations and growth initiatives, although it anticipates challenges in securing financing. The management remains focused on improving operational performance and addressing its liquidity needs as it navigates the current market conditions.