What is Olenox Industries Inc's earnings per share (EPS)?

Olenox Industries Inc (OLOX) reported diluted earnings per share of $-10.53 for fiscal year 2024. This represents a 69.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Olenox Industries Inc Financials

OLOX

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Olenox Industries Inc (OLOX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 0/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Olenox Industries Inc has an operating margin of -195.0%, meaning the company retains $-195 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -131.6% the prior year.

Growth

Olenox Industries Inc's revenue declined 69.9% year-over-year, from $16.5M to $5.0M. This contraction results in a growth score of 0/100.

Liquidity

Olenox Industries Inc's current ratio of 0.08 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.

Cash Flow

While Olenox Industries Inc generated -$9.3M in operating cash flow, capex of $90K consumed most of it, leaving -$9.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

2/9

Olenox Industries Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.55x

For every $1 of reported earnings, Olenox Industries Inc generates $0.55 in operating cash flow (-$9.3M OCF vs -$17.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-3.1x

Olenox Industries Inc earns $-3.1 in operating income for every $1 of interest expense (-$9.7M vs $3.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$5.0M

YoY-69.9%

5Y CAGR+10.8%

10Y CAGR-1.9%

Olenox Industries Inc generated $5.0M in revenue in fiscal year 2024. This represents a decrease of 69.9% from the prior year.

EBITDA

-$9.2M

YoY+56.7%

Olenox Industries Inc's EBITDA was -$9.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 56.7% from the prior year.

Net Income

-$17.0M

YoY+35.4%

Olenox Industries Inc reported -$17.0M in net income in fiscal year 2024. This represents an increase of 35.4% from the prior year.

EPS (Diluted)

$-10.53

YoY+69.1%

Olenox Industries Inc earned $-10.53 per diluted share (EPS) in fiscal year 2024. This represents an increase of 69.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$9.4M

YoY-21.3%

Olenox Industries Inc generated -$9.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 21.3% from the prior year.

Cash & Debt

$376K

YoY+2544.8%

5Y CAGR-25.4%

10Y CAGR-8.2%

Olenox Industries Inc held $376K in cash against $4.7M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY+439.0%

Olenox Industries Inc had 4M shares outstanding in fiscal year 2024. This represents an increase of 439.0% from the prior year.

Margins & Returns

Gross Margin

-4.9%

YoY+10.6pp

5Y CAGR-27.6pp

10Y CAGR-29.2pp

Olenox Industries Inc's gross margin was -4.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 10.6 percentage points from the prior year.

Operating Margin

-195.0%

YoY-63.4pp

5Y CAGR+29.6pp

10Y CAGR-182.6pp

Olenox Industries Inc's operating margin was -195.0% in fiscal year 2024, reflecting core business profitability. This is down 63.4 percentage points from the prior year.

Net Margin

-341.2%

YoY-182.1pp

5Y CAGR-109.3pp

10Y CAGR-315.7pp

Olenox Industries Inc's net profit margin was -341.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 182.1 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$90K

YoY-84.9%

5Y CAGR+112.8%

10Y CAGR+40.3%

Olenox Industries Inc invested $90K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 84.9% from the prior year.

OLOX Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$5.0M-69.9%	$16.5M-32.3%	$24.4M-36.4%	$38.3M+337.9%	$8.8M+193.3%	$3.0M
Cost of Revenue	$5.2M-72.6%	$19.1M-9.7%	$21.1M-41.3%	$36.0M+451.0%	$6.5M+183.2%	$2.3M
Gross Profit	-$244K+90.5%	-$2.6M-178.6%	$3.3M+39.7%	$2.3M+4.9%	$2.2M+227.8%	$677K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.1M-53.4%	$6.6M+47.3%	$4.5M+10847.3%	$41K0.0%	$41K-97.7%	$1.8M
Operating Income	-$9.7M+55.4%	-$21.7M-200.8%	-$7.2M-20.8%	-$6.0M-30.5%	-$4.6M+31.6%	-$6.7M
Interest Expense	$3.1M+19.9%	$2.6M+675.8%	$336K	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$17.0M+35.4%	-$26.3M-215.9%	-$8.3M+23.2%	-$10.8M-130.8%	-$4.7M+32.2%	-$6.9M
EPS (Diluted)	$-10.53+69.1%	$-34.03-172.7%	$-12.48	$-1.16	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$1.1M+45.7%	$721K+27.4%	$566K-45.8%	$1.0M-40.5%	$1.8M+44.7%	$1.2M+25.1%	$968K-50.5%	$2.0M
Cost of Revenue	$1.4M-20.8%	$1.7M+92.8%	$890K-44.5%	$1.6M-14.7%	$1.9M+71.7%	$1.1M+69.7%	$645K-83.6%	$3.9M
Gross Profit	-$308K+69.0%	-$994K-207.2%	-$324K+42.0%	-$559K-344.9%	-$126K-207.3%	$117K-63.8%	$323K+116.3%	-$2.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.4M-22.5%	$1.8M+90.8%	$946K-39.1%	$1.6M+464.2%	$275K-63.8%	$760K+58.9%	$478K-80.2%	$2.4M
Operating Income	-$2.5M+32.0%	-$3.7M-101.3%	-$1.8M+54.7%	-$4.0M-80.4%	-$2.2M-18.5%	-$1.9M-23.5%	-$1.5M+85.4%	-$10.5M
Interest Expense	$553K-40.9%	$936K+55.2%	$603K+284.4%	$157K-81.8%	$864K+4.9%	$824K-35.8%	$1.3M+21.2%	$1.1M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$5.3M-16.2%	-$4.6M-66.5%	-$2.7M+52.6%	-$5.8M-55.8%	-$3.7M+20.5%	-$4.7M-67.2%	-$2.8M+79.4%	-$13.6M
EPS (Diluted)	$-12.68-2597.9%	$-0.47-4.4%	$-0.45	N/A	$-113.82-3338.7%	$-3.31+32.9%	$-4.93	N/A

OLOX Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$6.1M-64.7%	$17.2M-35.2%	$26.6M-24.0%	$34.9M+29.9%	$26.9M+305.2%	$6.6M
Current Assets	$1.2M-78.3%	$5.3M-28.9%	$7.5M-58.1%	$17.9M-2.1%	$18.3M+529.5%	$2.9M
Cash & Equivalents	$376K+2544.8%	$14K-97.6%	$583K-95.5%	$13.0M+0.1%	$13.0M+700.3%	$1.6M
Inventory	$471K+201.2%	$157K-66.4%	$466K-63.5%	$1.3M+63.7%	$778K	$0
Accounts Receivable	$105K-42.3%	$183K-85.7%	$1.3M-56.1%	$2.9M+10.7%	$2.6M+139.3%	$1.1M
Goodwill	N/A	N/A	$1.3M0.0%	$1.3M0.0%	$1.3M+7.0%	$1.2M
Total Liabilities	$18.5M-21.3%	$23.5M+94.3%	$12.1M-8.3%	$13.2M+56.4%	$8.4M+271.3%	$2.3M
Current Liabilities	$13.8M-32.8%	$20.5M+146.8%	$8.3M-28.1%	$11.6M+60.1%	$7.2M+218.1%	$2.3M
Long-Term Debt	$4.7M+92.9%	$2.4M-28.0%	$3.4M	N/A	N/A	N/A
Total Equity	-$12.5M-67.0%	-$7.5M-150.3%	$14.8M-27.2%	$20.4M+11.5%	$18.3M+318.6%	$4.4M
Retained Earnings	-$98.5M-29.8%	-$75.9M-83.3%	-$41.4M-25.1%	-$33.1M-48.6%	-$22.3M-26.7%	-$17.6M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$54.1M+0.7%	$53.7M+9.3%	$49.2M+709.8%	$6.1M-38.0%	$9.8M-53.2%	$20.9M+4.9%	$20.0M+15.9%	$17.2M
Current Assets	$4.4M+7.7%	$4.1M+183.8%	$1.4M+24.2%	$1.2M-42.0%	$2.0M-73.0%	$7.4M+20.9%	$6.1M+14.5%	$5.3M
Cash & Equivalents	$3.0M+9.2%	$2.8M+1100.5%	$231K-38.7%	$376K+46.3%	$257K-74.7%	$1.0M+37.4%	$740K+5105.4%	$14K
Inventory	$981K+30.5%	$752K-21.8%	$962K+104.0%	$471K-36.5%	$742K+232.2%	$223K-21.2%	$284K+81.2%	$157K
Accounts Receivable	$249K-19.6%	$309K+117.6%	$142K+34.8%	$105K-37.3%	$168K-53.8%	$364K+291.0%	$93K-49.0%	$183K
Goodwill	$39.2M+0.3%	$39.1M+2.6%	$38.2M	N/A	N/A	$1.8M0.0%	$1.8M	N/A
Total Liabilities	$29.2M-2.8%	$30.0M+6.8%	$28.1M+51.6%	$18.5M+3.2%	$18.0M-30.2%	$25.7M-3.3%	$26.6M+12.9%	$23.5M
Current Liabilities	$24.0M-3.3%	$24.9M+8.3%	$22.9M+66.1%	$13.8M+4.3%	$13.2M-40.7%	$22.3M-1.8%	$22.7M+10.5%	$20.5M
Long-Term Debt	$5.1M-0.4%	$5.2M0.0%	$5.2M+9.1%	$4.7M0.0%	$4.7M-62.4%	$12.6M+166.1%	$4.7M+92.9%	$2.4M
Total Equity	$24.9M+5.0%	$23.7M+12.6%	$21.1M+269.1%	-$12.5M-52.7%	-$8.2M-44.1%	-$5.7M+16.5%	-$6.8M+9.1%	-$7.5M
Retained Earnings	-$111.2M-5.0%	-$105.9M-4.5%	-$101.3M-2.8%	-$98.5M-12.7%	-$87.4M-3.5%	-$84.5M-4.8%	-$80.6M-6.2%	-$75.9M

OLOX Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$9.3M-30.3%	-$7.1M-26.8%	-$5.6M-749.6%	-$663K+77.1%	-$2.9M-2.6%	-$2.8M
Capital Expenditures	$90K-84.9%	$600K-78.3%	$2.8M-42.8%	$4.8M+207.7%	$1.6M+75654.3%	$2K
Free Cash Flow	-$9.4M-21.3%	-$7.7M+7.7%	-$8.4M-52.9%	-$5.5M-23.1%	-$4.5M-58.1%	-$2.8M
Investing Cash Flow	N/A	-$865K+77.6%	-$3.9M+59.3%	-$9.5M-211.0%	-$3.0M-147036.4%	-$2K
Financing Cash Flow	N/A	$7.4M+351.6%	-$3.0M-129.1%	$10.1M-41.4%	$17.3M+463.2%	$3.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$43K-14.0%	$50K	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	N/A	N/A	N/A	-$981K+73.5%	-$3.7M-0.3%	-$3.7M-299.9%	-$924K+63.8%	-$2.6M
Capital Expenditures	-$6K-101.9%	$291K+295.2%	$74K-10.6%	$82K+10459.9%	$780+103.2%	-$25K-177.3%	$32K-58.8%	$77K
Free Cash Flow	N/A	N/A	N/A	-$1.1M+71.3%	-$3.7M+0.4%	-$3.7M-289.1%	-$956K+63.7%	-$2.6M
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	$65K+125.3%	-$257K-49.3%	-$172K
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	$3.9M+105.2%	$1.9M-2.2%	$1.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0

OLOX Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	-4.9%+10.6pp	-15.5%-28.8pp	13.3%+7.3pp	6.1%-19.3pp	25.4%+2.7pp	22.7%
Operating Margin	-195.0%-63.4pp	-131.6%-102.0pp	-29.6%-14.0pp	-15.6%+36.7pp	-52.3%+172.3pp	-224.6%
Net Margin	-341.2%-182.1pp	-159.1%-125.0pp	-34.1%-5.9pp	-28.2%+25.4pp	-53.6%+178.3pp	-231.9%
Return on Equity	N/A	N/A	-56.1%-2.9pp	-53.2%-27.5pp	-25.7%+133.0pp	-158.7%
Return on Assets	-279.7%-127.0pp	-152.7%-121.4pp	-31.3%-0.3pp	-31.0%-13.6pp	-17.5%+86.8pp	-104.3%
Current Ratio	0.08-0.2	0.26-0.6	0.90-0.6	1.55-1.0	2.53+1.3	1.28
Debt-to-Equity	-0.38-0.1	-0.33-0.6	0.23-0.4	0.65+0.2	0.46-0.1	0.52
FCF Margin	-188.8%-141.9pp	-46.9%-12.5pp	-34.4%-20.1pp	-14.3%+36.6pp	-50.9%+43.5pp	-94.4%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	-29.3%+108.5pp	-137.9%-80.7pp	-57.2%-3.6pp	-53.5%-46.4pp	-7.2%-16.8pp	9.7%-23.7pp	33.4%+134.8pp	-101.4%
Operating Margin	-238.6%+272.7pp	-511.2%-187.8pp	-323.5%+63.9pp	-387.3%-259.5pp	-127.8%+28.3pp	-156.1%+2.0pp	-158.1%+377.8pp	-535.9%
Net Margin	-505.7%+128.4pp	-634.1%-149.1pp	-485.0%+69.5pp	-554.5%-342.5pp	-212.0%+174.2pp	-386.1%-97.1pp	-289.0%+406.0pp	-695.0%
Return on Equity	-21.3%-2.0pp	-19.3%-6.2pp	-13.0%	N/A	N/A	N/A	N/A	N/A
Return on Assets	-9.8%-1.3pp	-8.5%-2.9pp	-5.6%+89.8pp	-95.3%-57.4pp	-37.9%-15.6pp	-22.4%-8.3pp	-14.0%+65.0pp	-79.0%
Current Ratio	0.18+0.0	0.16+0.1	0.06-0.0	0.08-0.1	0.15-0.2	0.33+0.1	0.270.0	0.26
Debt-to-Equity	0.21-0.0	0.22-0.0	0.24+0.6	-0.38+0.2	-0.58+1.6	-2.22-1.5	-0.70-0.4	-0.33
FCF Margin	N/A	N/A	N/A	-101.9%+109.4pp	-211.3%+95.7pp	-307.0%-208.3pp	-98.7%+35.7pp	-134.4%

Note: Shareholder equity is negative (-$12.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.08), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Olenox Industries Inc's annual revenue?

Olenox Industries Inc (OLOX) reported $5.0M in total revenue for fiscal year 2024. This represents a -69.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Olenox Industries Inc's revenue growing?

Olenox Industries Inc (OLOX) revenue declined by 69.9% year-over-year, from $16.5M to $5.0M in fiscal year 2024.

Is Olenox Industries Inc profitable?

No, Olenox Industries Inc (OLOX) reported a net income of -$17.0M in fiscal year 2024, with a net profit margin of -341.2%.

What is Olenox Industries Inc's EBITDA?

Olenox Industries Inc (OLOX) had EBITDA of -$9.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Olenox Industries Inc have?

As of fiscal year 2024, Olenox Industries Inc (OLOX) had $376K in cash and equivalents against $4.7M in long-term debt.

What is Olenox Industries Inc's gross margin?

Olenox Industries Inc (OLOX) had a gross margin of -4.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Olenox Industries Inc's operating margin?

Olenox Industries Inc (OLOX) had an operating margin of -195.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Olenox Industries Inc's net profit margin?

Olenox Industries Inc (OLOX) had a net profit margin of -341.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Olenox Industries Inc's free cash flow?

Olenox Industries Inc (OLOX) generated -$9.4M in free cash flow during fiscal year 2024. This represents a -21.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Olenox Industries Inc's operating cash flow?

Olenox Industries Inc (OLOX) generated -$9.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Olenox Industries Inc's total assets?

Olenox Industries Inc (OLOX) had $6.1M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Olenox Industries Inc's capital expenditures?

Olenox Industries Inc (OLOX) invested $90K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Olenox Industries Inc have outstanding?

Olenox Industries Inc (OLOX) had 4M shares outstanding as of fiscal year 2024.

What is Olenox Industries Inc's current ratio?

Olenox Industries Inc (OLOX) had a current ratio of 0.08 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Olenox Industries Inc's debt-to-equity ratio?

Olenox Industries Inc (OLOX) had a debt-to-equity ratio of -0.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Olenox Industries Inc's return on assets (ROA)?

Olenox Industries Inc (OLOX) had a return on assets of -279.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Olenox Industries Inc's cash runway?

Based on fiscal year 2024 data, Olenox Industries Inc (OLOX) had $376K in cash against an annual operating cash burn of $9.3M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Olenox Industries Inc's debt-to-equity ratio negative or unusual?

Olenox Industries Inc (OLOX) has negative shareholder equity of -$12.5M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Olenox Industries Inc's Piotroski F-Score?

Olenox Industries Inc (OLOX) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Olenox Industries Inc's earnings high quality?

Olenox Industries Inc (OLOX) has an earnings quality ratio of 0.55x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Olenox Industries Inc cover its interest payments?

Olenox Industries Inc (OLOX) has an interest coverage ratio of -3.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Olenox Industries Inc?

Olenox Industries Inc (OLOX) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.