Olenox Industries Inc Financials
Olenox Industries Inc (OLOX) reported $3.0M in revenue for fiscal year 2025, down 40.7% from the prior fiscal year. This page shows its 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).
Shrinking revenue is colliding with negative gross economics and a liquidity-dependent balance sheet structure
Revenue fell from$5.0M in FY2024 to$3.0M in FY2025, but the more important shift is the gross-margin collapse. Over the same period, gross margin moved from-4.9% to-145.3% , meaning direct costs exceeded revenue by more than the revenue itself and left overhead and interest to deepen losses.
Operating cash flow was
Debt-to-equity reached 1.3x in FY2025, while goodwill exceeded total equity; reported positive equity is therefore heavily dependent on an intangible asset rather than a broad liquid cushion. The combination of persistent losses and negative operating cash flow indicates an operating model that is not currently self-funding.
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Olenox Industries Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Olenox Industries Inc, and counted as zero in the overall score.
Olenox Industries Inc scores -6.52, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.5M) relative to total liabilities ($28.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Olenox Industries Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Olenox Industries Inc reported a net loss of $18.8M while operations used $7.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Olenox Industries Inc reported an operating loss of $14.1M against $2.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Olenox Industries Inc generated $3.0M in revenue in fiscal year 2025. This represents a decrease of 40.7% from the prior year.
Olenox Industries Inc's EBITDA was -$13.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 47.9% from the prior year.
Olenox Industries Inc reported -$18.8M in net income in fiscal year 2025. This represents a decrease of 10.8% from the prior year.
Olenox Industries Inc earned -$165.22 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Olenox Industries Inc held $428K in cash against $9.7M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Olenox Industries Inc's ROE was -248.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
OLOX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1M | $3.0M-40.7% | $5.0M-69.9% | $16.5M-32.3% | $24.4M-36.4% | $38.3M+337.9% | $8.8M+193.3% | $3.0M-63.6% | $8.2M+61.8% | $5.1M | N/A | $2.4M-60.1% | $6.0M+5.3% | $5.7M+133.9% | $2.5M-38.2% | $4.0M |
| Cost of Revenue | $7.0M | $7.2M+38.7% | $5.2M-72.6% | $19.1M-9.7% | $21.1M-41.3% | $36.0M+451.0% | $6.5M+183.2% | $2.3M-69.8% | $7.6M+72.7% | $4.4M | N/A | $1.9M-58.5% | $4.6M-11.2% | $5.1M+157.8% | $2.0M-41.4% | $3.4M |
| Gross Profit | -$2.9M | -$4.3M-1657.8% | -$244K+90.5% | -$2.6M-178.6% | $3.3M+39.7% | $2.3M+4.9% | $2.2M+227.8% | $677K+24.8% | $543K-14.4% | $634K | N/A | $508K-65.4% | $1.5M+151.4% | $584K+28.8% | $453K-18.7% | $557K |
| SG&A Expenses | $8.0M | $6.6M+115.9% | $3.1M-53.4% | $6.6M+47.3% | $4.5M+10847.3% | $41K0.0% | $41K-97.7% | $1.8M-35.2% | $2.8M+57.5% | $1.8M | N/A | $791K-0.4% | $793K-14.9% | $933K+5.9% | $881K-13.2% | $1.0M |
| Operating Income | -$14.4M | -$14.1M-44.9% | -$9.7M+55.4% | -$21.7M-200.8% | -$7.2M-20.8% | -$6.0M-30.5% | -$4.6M+31.6% | -$6.7M-38.3% | -$4.8M-48.6% | -$3.3M | N/A | -$1.4M-92.0% | -$753K+59.5% | -$1.9M+4.2% | -$1.9M+5.8% | -$2.1M |
| Interest Expense | $2.0M | $2.9M-7.1% | $3.1M+19.9% | $2.6M+675.8% | $336K | N/A | N/A | N/A | N/A | N/A | $147K-92.5% | $1.9M+82.3% | $1.1M+54.8% | $689K+8283.9% | $8K+120.2% | $4K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2.3M+360.1% | -$895K+22.0% | -$1.1M-130.0% | -$498K+54.0% | -$1.1M-14.9% | -$942K | N/A |
| Net Income | -$17.4M | -$18.8M-10.8% | -$17.0M+35.4% | -$26.3M-215.9% | -$8.3M+23.2% | -$10.8M-130.8% | -$4.7M+32.2% | -$6.9M-42.9% | -$4.8M-7.3% | -$4.5M | N/A | -$2.7M-78.4% | -$1.5M+28.9% | -$2.2M-22.5% | -$1.8M+7.5% | -$1.9M |
| EPS (Diluted) | — | -$165.22 | -$6740.61 | -$34.03-172.7% | -$12.48 | -$1.16 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
OLOX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $36.0M+493.5% | $6.1M-64.7% | $17.2M-35.2% | $26.6M-24.0% | $34.9M+29.9% | $26.9M+305.2% | $6.6M-39.9% | $11.0M-28.1% | $15.3M+75.7% | $8.7M+1053.2% | $758K-43.8% | $1.3M+35.1% | $998K-28.0% | $1.4M+69.5% | $819K |
| Current Assets | $1.5M+25.7% | $1.2M-78.3% | $5.3M-28.9% | $7.5M-58.1% | $17.9M-2.1% | $18.3M+529.5% | $2.9M-33.4% | $4.4M-46.5% | $8.2M+730.8% | $981K+32.4% | $741K-42.8% | $1.3M+39.4% | $930K-27.2% | $1.3M+57.6% | $811K |
| Cash & Equivalents | $428K+13.8% | $376K+2544.8% | $14K-97.6% | $583K-95.5% | $13.0M+0.1% | $13.0M+700.3% | $1.6M+18.8% | $1.4M-71.9% | $4.9M0.0% | $4.9M | N/A | $884K+48.8% | $594K-31.5% | $868K+54.5% | $562K |
| Inventory | $330K-30.0% | $471K+201.2% | $157K-66.4% | $466K-63.5% | $1.3M+63.7% | $778K | $0 | $0 | $0-100.0% | $9K-94.0% | $158K-20.5% | $199K+484.3% | $34K-29.1% | $48K | $0 |
| Accounts Receivable | $317K+200.8% | $105K-42.3% | $183K-85.7% | $1.3M-56.1% | $2.9M+10.7% | $2.6M+139.3% | $1.1M-36.9% | $1.7M-41.9% | $3.0M+1181.7% | $235K+172.6% | $86K-48.2% | $166K-32.7% | $247K-13.3% | $284K+98.4% | $143K |
| Goodwill | $17.4M | N/A | N/A | $1.3M0.0% | $1.3M0.0% | $1.3M+7.0% | $1.2M-70.6% | $4.2M0.0% | $4.2M0.0% | $4.2M | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $28.4M+53.5% | $18.5M-21.3% | $23.5M+94.3% | $12.1M-8.3% | $13.2M+56.4% | $8.4M+271.3% | $2.3M-42.6% | $4.0M+3.6% | $3.8M+15.7% | $3.3M-50.2% | $6.6M+41.9% | $4.7M+51.6% | $3.1M+62.2% | $1.9M+89.7% | $1.0M |
| Current Liabilities | $25.8M+86.9% | $13.8M-32.8% | $20.5M+146.8% | $8.3M-28.1% | $11.6M+60.1% | $7.2M+218.1% | $2.3M-42.6% | $4.0M+3.6% | $3.8M+346.1% | $856K-85.8% | $6.0M+165.2% | $2.3M-26.3% | $3.1M+153.6% | $1.2M+21.3% | $1.0M |
| Long-Term Debt | $9.7M+105.8% | $4.7M+92.9% | $2.4M-28.0% | $3.4M | N/A | N/A | N/A | N/A | N/A | $2.4M-51.2% | $5.0M+108.9% | $2.4M+33.3% | $1.8M | N/A | N/A |
| Total Equity | $7.6M+160.9% | -$12.5M-67.0% | -$7.5M-150.3% | $14.8M-27.2% | $20.4M+11.5% | $18.3M+318.6% | $4.4M-38.4% | $7.1M-38.6% | $11.5M+112.2% | $5.4M+192.4% | -$5.9M-76.6% | -$3.3M-59.4% | -$2.1M-305.0% | -$516K-179.5% | -$185K |
| Retained Earnings | -$117.4M-19.1% | -$98.5M-29.8% | -$75.9M-83.3% | -$41.4M-25.1% | -$33.1M-48.6% | -$22.3M-26.7% | -$17.6M-64.9% | -$10.7M-83.2% | -$5.8M-345.4% | -$1.3M+90.3% | -$13.5M-25.5% | -$10.7M-16.7% | -$9.2M-30.7% | -$7.0M-33.5% | -$5.3M |
OLOX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.8M | -$7.8M+15.8% | -$9.3M-30.3% | -$7.1M-26.8% | -$5.6M-749.6% | -$663K+77.1% | -$2.9M-2.6% | -$2.8M+18.4% | -$3.5M-177.9% | -$1.2M | N/A | -$1.2M-12.8% | -$1.1M+2.0% | -$1.1M+15.2% | -$1.3M+20.3% | -$1.6M |
| Capital Expenditures | N/A | N/A | $90K-84.9% | $600K-78.3% | $2.8M-42.8% | $4.8M+207.7% | $1.6M+75654.3% | $2K-97.1% | $71K+1601.0% | $4K | N/A | N/A | $3K-65.1% | $9K+1500.4% | $549-90.5% | $6K |
| Free Cash Flow | N/A | N/A | -$9.4M-21.3% | -$7.7M+7.7% | -$8.4M-52.9% | -$5.5M-23.1% | -$4.5M-58.1% | -$2.8M+20.0% | -$3.5M-182.7% | -$1.2M | N/A | N/A | -$1.1M+2.5% | -$1.1M+14.6% | -$1.3M+20.5% | -$1.6M |
| Investing Cash Flow | N/A | N/A | N/A | -$865K+77.6% | -$3.9M+59.3% | -$9.5M-211.0% | -$3.0M-147036.4% | -$2K+95.9% | -$50K-1097.4% | -$4K | N/A | $21K+407.4% | -$7K+66.5% | -$21K-3686.2% | -$549+98.8% | -$44K |
| Financing Cash Flow | N/A | N/A | N/A | $7.4M+351.6% | -$3.0M-129.1% | $10.1M-41.4% | $17.3M+463.2% | $3.1M | N/A | $5.6M | N/A | $750K-44.5% | $1.4M+64.3% | $822K-47.8% | $1.6M+36.0% | $1.2M |
| Share Buybacks | N/A | N/A | N/A | $43K-14.0% | $50K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
OLOX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -145.3% | -4.9%+10.6pp | -15.5%-28.8pp | 13.3%+7.3pp | 6.1%-19.3pp | 25.4%+2.7pp | 22.7%+16.1pp | 6.6%-5.9pp | 12.5% | N/A | 21.1%-3.2pp | 24.3%+14.1pp | 10.2%-8.3pp | 18.5%+4.4pp | 14.1% |
| Operating Margin | -476.5% | -195.0% | -131.6% | -29.6%-14.0pp | -15.6%+36.7pp | -52.3% | -224.6% | -59.2%+5.3pp | -64.4% | N/A | -60.1%-47.6pp | -12.5%+19.9pp | -32.4%+46.8pp | -79.2%-27.2pp | -51.9% |
| Net Margin | -637.4% | -341.2% | -159.1% | -34.1%-5.9pp | -28.2%+25.4pp | -53.6% | -231.9% | -59.1%+30.0pp | -89.2% | N/A | -114.0% | -25.5%+12.3pp | -37.7%+34.3pp | -72.1%-23.9pp | -48.2% |
| Return on Equity | -248.0% | N/A | N/A | -56.1%-2.9pp | -53.2%-27.5pp | -25.7%+133.0pp | -158.7%-90.3pp | -68.4%-29.3pp | -39.1% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -52.2%+227.4pp | -279.7%-127.0pp | -152.7%-121.4pp | -31.3%-0.3pp | -31.0%-13.6pp | -17.5%+86.8pp | -104.3%-60.4pp | -43.9%-14.5pp | -29.4% | N/A | -362.1%-248.2pp | -113.9%+102.7pp | -216.7%-89.4pp | -127.3%+105.9pp | -233.2% |
| Current Ratio | 0.060.0x | 0.08-0.2x | 0.26-0.6x | 0.90-0.6x | 1.55-1.0x | 2.53+1.3x | 1.28+0.2x | 1.10-1.0x | 2.13+1.0x | 1.15+1.0x | 0.12-0.4x | 0.57+0.3x | 0.30-0.7x | 1.05+0.2x | 0.81 |
| Debt-to-Equity | 1.28 | N/A | N/A | 0.23-0.4x | 0.65+0.2x | 0.46-0.1x | 0.520.0x | 0.56+0.2x | 0.33-0.1x | 0.45 | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | N/A | -188.8% | -46.9%-12.5pp | -34.4%-20.1pp | -14.3%+36.6pp | -50.9%+43.5pp | -94.4%-51.4pp | -43.0%-18.4pp | -24.6% | N/A | N/A | -17.5%+1.4pp | -18.9%+32.9pp | -51.8%-11.5pp | -40.3% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.06), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Olenox Industries Inc Ranks
Frequently Asked Questions
What is Olenox Industries Inc's annual revenue?
Olenox Industries Inc (OLOX) reported $3.0M in total revenue for fiscal year 2025. This represents a -40.7% 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 40.7% year-over-year, from $5.0M to $3.0M in fiscal year 2025.
Is Olenox Industries Inc profitable?
No, Olenox Industries Inc (OLOX) reported a net income of -$18.8M in fiscal year 2025.
What is Olenox Industries Inc's EBITDA?
Olenox Industries Inc (OLOX) had EBITDA of -$13.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Olenox Industries Inc have?
As of fiscal year 2025, Olenox Industries Inc (OLOX) had $428K in cash and equivalents against $9.7M in long-term debt.
What is Olenox Industries Inc's return on equity (ROE)?
Olenox Industries Inc (OLOX) has a return on equity of -248.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Olenox Industries Inc's operating cash flow?
Olenox Industries Inc (OLOX) recorded an outflow of $7.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Olenox Industries Inc's total assets?
Olenox Industries Inc (OLOX) had $36.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Olenox Industries Inc's current ratio?
Olenox Industries Inc (OLOX) had a current ratio of 0.06 as of fiscal year 2025, 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 1.28 as of fiscal year 2025, 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 -52.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Olenox Industries Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Olenox Industries Inc (OLOX) held $428K in cash, cash equivalents and investments, and reported an operating cash outflow of $7.8M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Olenox Industries Inc's Altman Z-Score?
Olenox Industries Inc (OLOX) has an Altman Z-Score of -6.52, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Olenox Industries Inc's Piotroski F-Score?
Olenox Industries Inc (OLOX) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 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) reported a net loss of $18.8M while operations used $7.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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) reported an operating loss of $14.1M against $2.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 21 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.