Olenox Industries Inc. (OLOX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OLOX SEC filings page.
Olenox Industries Inc. (OLOX) reported $4.1M in revenue over the twelve months to Jun 30, 2026, down 0.4% from the prior twelve months. 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).
Olenox is shrinking while losses, leverage, and limited liquidity make financing more important than sales growth.
FY2025 equity was positive at$7.6M even as goodwill stood at$17.4M , so reported net worth is not mostly operating cushion. Debt-to-equity reached 1.3x while the current ratio was only 0.1x; leverage and near-term obligations both shape how this business is financed.
Revenue fell from
Operating cash flow was negative in every reported year, including
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.
Olenox Industries Inc. held $428K in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $7.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Olenox Industries Inc. scores 3/100 among other emerging companies.
Olenox Industries Inc. had 646,791 shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Olenox Industries Inc. scores 79/100 among other emerging companies.
Not available for Olenox Industries Inc., and counted as zero in the overall score.
Olenox Industries Inc. reported revenue of $3.0M in fiscal year 2025, against $5.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Olenox Industries Inc. scores 3/100 among other emerging companies.
Olenox Industries Inc.'s operations used $7.8M of cash in fiscal year 2025, against $9.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Olenox Industries Inc. scores 40/100 among other emerging companies.
Olenox Industries Inc.'s cash, cash equivalents and investments came to $428K at the end of fiscal year 2025, against $28.4M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Olenox Industries Inc. scores 4/100 among other emerging companies.
Olenox Industries Inc. scores -6.54, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.5M) 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 $2.1M in revenue in Q2 2026. This represents an increase of 193.7% from the same quarter a year earlier. Against the prior quarter it is up 642.5%.
Olenox Industries Inc.'s EBITDA was -$1.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 67.7% from the same quarter a year earlier. Against the prior quarter it is up 60.2%.
Olenox Industries Inc. reported -$3.2M in net income in Q2 2026. This represents an increase of 29.1% from the same quarter a year earlier. Against the prior quarter it is down 21.7%.
Cash & Balance Sheet
Olenox Industries Inc. held $1.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Olenox Industries Inc.'s gross margin was 11.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. Against the prior quarter it is up 82.1 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Olenox Industries Inc.'s ROE was -16.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 40.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.8 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: 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 Q2 2026.
OLOX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M+193.7% | $285K-49.6% | $614K-41.2% | $1.1M-40.0% | $721K-40.4% | $566K-41.5% | $1.0M-46.6% | $1.8M-55.8% |
| Cost of Revenue | $1.9M+9.0% | $486K-45.4% | $3.3M+104.5% | $1.4M-27.6% | $1.7M+56.8% | $890K+38.0% | $1.6M-59.3% | $1.9M-58.3% |
| Gross Profit | $248K+124.9% | -$201K+38.0% | -$2.7M-376.9% | -$308K-145.4% | -$994K-949.9% | -$324K-200.2% | -$559K+71.8% | -$126K+76.6% |
| SG&A Expenses | $2.2M+23.2% | $1.9M+101.8% | $2.5M+59.1% | $1.4M+408.0% | $1.8M+137.5% | $946K+97.8% | $1.6M-35.8% | $275K-72.8% |
| Operating Income | -$2.9M+20.3% | -$2.9M-57.4% | -$6.0M-49.4% | -$2.5M-11.9% | -$3.7M-95.0% | -$1.8M-19.7% | -$4.0M+61.4% | -$2.2M+6.3% |
| EBITDA | -$1.1M+67.7% | -$2.7M-55.8% | -$6.1M-64.6% | -$2.4M-11.8% | -$3.3M-81.0% | -$1.7M-16.9% | -$3.7M+64.0% | -$2.1M+5.1% |
| Interest Expense | $317K-66.2% | $366K-39.4% | $813K+418.0% | $553K-36.0% | $936K+13.7% | $603K-53.0% | $157K-85.2% | $864K+17.0% |
| Net Income | -$3.2M+29.1% | -$2.7M+2.9% | -$6.2M-6.8% | -$5.3M-43.0% | -$4.6M+2.2% | -$2.7M+1.8% | -$5.8M+57.4% | -$3.7M-3.0% |
| EPS (Basic) | -$3.11-943.3% | -$4.38-1427.2% | -$108.81-4914.3% | -$12.68+88.9% | -$0.30+91.0% | -$0.29+94.2% | -$2.17+86.1% | -$113.82-51636.4% |
| EPS (Diluted) | -$3.11 | -$4.38 | -$108.81 | -$12.68 | -$298.05 | -$286.83 | -$2.17 | -$113.82 |
| Diluted Shares (Avg) | 1M | 698,387 | N/A | 419,219 | 15,346 | 9,576 | N/A | 32,648 |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
OLOX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $64.2M+19.4% | $35.4M-28.0% | $36.0M+493.5% | $54.1M+452.1% | $53.7M+156.8% | $49.2M+146.4% | $6.1M-64.7% | $9.8M-61.3% |
| Current Assets | $3.4M-16.8% | $1.2M-15.6% | $1.5M+25.7% | $4.4M+120.1% | $4.1M-44.7% | $1.4M-76.4% | $1.2M-78.3% | $2.0M-71.8% |
| Cash & Equivalents | $1.2M-56.2% | $31K-86.6% | $428K+13.8% | $3.0M+1076.0% | $2.8M+172.2% | $231K-68.8% | $376K+2544.8% | $257K-64.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $330K-56.1% | $330K-65.7% | $330K-30.0% | $981K+32.2% | $752K+236.5% | $962K+239.1% | $471K+201.2% | $742K+84.5% |
| Accounts Receivable | $535K+73.0% | $305K+114.8% | $317K+200.8% | $249K+47.9% | $309K-15.1% | $142K+52.5% | $105K-42.3% | $168K-77.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% |
| Goodwill | $17.4M-55.4% | $17.4M-54.3% | $17.4M | $39.2M | $39.1M+2061.3% | $38.2M+2007.4% | N/A | N/A |
| Total Liabilities | $44.8M-2.1% | $27.2M-38.0% | $28.4M+53.5% | $29.2M+62.4% | $45.8M+78.0% | $43.9M+64.9% | $18.5M-21.3% | $18.0M-5.1% |
| Current Liabilities | $26.3M+5.7% | $24.6M+7.5% | $25.8M+86.9% | $24.0M+81.6% | $24.9M+11.4% | $22.9M+1.0% | $13.8M-32.8% | $13.2M-15.6% |
| Non-Current Liabilities | $18.6M-11.4% | $2.6M-87.7% | $2.6M-44.1% | $5.1M+8.7% | $20.9M+514.4% | $20.9M+439.9% | $4.7M+57.6% | $4.7M+46.0% |
| Long-Term Debt | N/A | N/A | $9.7M+105.8% | $5.1M+8.7% | $5.2M-59.0% | $5.2M+9.1% | $4.7M+92.9% | $4.7M |
| Total Equity | $19.4M+143.3% | $8.2M+54.3% | $7.6M+160.9% | $24.9M+405.6% | $8.0M+240.5% | $5.3M+178.3% | -$12.5M-67.0% | -$8.2M-248.3% |
| Retained Earnings | -$123.3M-16.4% | -$120.0M-18.5% | -$117.4M-19.1% | -$111.2M-27.1% | -$105.9M-25.3% | -$101.3M-25.7% | -$98.5M-29.8% | -$87.4M-40.3% |
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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $797K+142.6% | -$1.9M-45.9% | -$4.0M-309.5% | -$638K+82.8% | -$1.9M+49.4% | -$1.3M-41.7% | -$981K+61.6% | -$3.7M-139.0% |
| Depreciation & Amortization | $1.9M+433.4% | $172K+86.2% | -$89K-127.9% | $120K+13.8% | $348K+661.8% | $92K+117.4% | $320K+128.6% | $105K-24.9% |
| Stock-Based Compensation | N/A | $222K+108.9% | N/A | N/A | N/A | $106K-40.6% | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | -$6K+624.9% | $291K+1082.9% | $74K+131.4% | $82K+6.5% | $780-78.4% |
| Free Cash Flow | N/A | N/A | N/A | -$644K+82.6% | -$2.2M+41.9% | -$1.4M-44.7% | -$1.1M+59.6% | -$3.7M-138.5% |
| Investing Cash Flow | $383K+116.7% | -$32K+82.7% | N/A | N/A | -$2.3M-3622.3% | -$183K+29.0% | N/A | N/A |
| Financing Cash Flow | -$202-100.0% | $1.5M+14.7% | N/A | N/A | $6.7M+71.5% | $1.3M-29.3% | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
OLOX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.7% | -70.4%-13.2pp | -434.1% | -29.3%-22.2pp | -137.9% | -57.2%-90.5pp | -53.5% | -7.2%+6.4pp |
| Operating Margin | -138.7% | -1010.5% | -984.3% | -238.6% | -511.2% | -323.5% | -387.3% | -127.8% |
| Net Margin | -153.1% | -934.3% | -1007.6% | -505.7% | -634.1% | -485.0% | -554.5% | -212.0% |
| Return on Equity | -16.8%+40.7pp | -32.6%+19.2pp | -81.5% | -21.3% | -57.5% | -51.8% | N/A | N/A |
| Return on Assets | -5.1%+3.5pp | -7.5%-1.9pp | -17.2%+78.2pp | -9.8%+28.1pp | -8.5%+13.8pp | -5.6%+8.4pp | -95.3%-16.3pp | -37.9%-23.7pp |
| Current Ratio | 0.130.0x | 0.050.0x | 0.060.0x | 0.180.0x | 0.16-0.2x | 0.06-0.2x | 0.08-0.2x | 0.15-0.3x |
| Debt-to-Equity | 2.31+1.7x | 3.32+2.4x | 1.28 | 0.21 | 0.65 | 0.97 | N/A | N/A |
| Asset Turnover | 0.030.0x | 0.010.0x | 0.02-0.2x | 0.02-0.2x | 0.010.0x | 0.010.0x | 0.17+0.1x | 0.180.0x |
| FCF Margin | N/A | N/A | N/A | -61.3% | -299.7% | -244.1% | -101.9% | -211.3% |
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.
What is Olenox Industries Inc.'s P/E ratio?
Olenox Industries Inc. (OLOX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.5M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Olenox Industries Inc.'s price-to-sales ratio?
Olenox Industries Inc. (OLOX) trades at 0.4x sales, its market capitalization divided by revenue of $4.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.5M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
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 -6.54, 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 22 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.