MeritValue

ADVANCED OXYGEN TECHNOLOGIES INC

AOXYdata completeness 88%17 fiscal years on file

Data notes: no data for concept 'capex'

The thesis, from the filings

ADVANCED OXYGEN TECHNOLOGIES INC earns about 1% on invested capital, with a roughly flat share count. The applicable estimate puts fair value near $0.02 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$41,4211$39,5151$39,4062$42,5773$43,4453
Net income$5,7464$56,9925$2,2716$5,5647$4,1387
Operating cash flow$37,7148$89,5929$35,39610$45,11711$40,41511
Capital expenditure—————
Free cash flow (derived)—————
Total debt$192,73212$167,78613$140,88914$254,05815$254,05816
Cash & equivalents$49,97917$94,21618$104,83618$94,48219$57,22519
Diluted shares3.3M3.3M3.3M3.3M3.3M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
$1.26
your share of equity
Profit it earned you last year
$0.01
Free cash flow it threw off
—
Debt you’d be carrying
$0.77

10 shares is a claim on $1.26 of net worth that earned you $0.01 last year, against $0.77 of debt.

iii. Is this a good business?
Moat signal · return on invested capital
1% avg · 5y
FY21 —FY22 —FY23 1%FY24 1%FY25 1%

It earned an average 1% on invested capital over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
−0% shares · 5y

Share count is roughly flat over 5 years — little dilution, little buyback. Total debt has risen 32% over the same window.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
Earnings Power Value
$0.02
assumptions (8)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$5,564
  • growthAssumed0.0%
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2021-06-30 · accession 0001477932-22-007245 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2023-06-30 · accession 0001477932-24-005762 (Revenues)
  3. 10-K · period ending 2024-06-30 · accession 0001477932-25-006652 (Revenues)
  4. 10-K · period ending 2021-06-30 · accession 0001477932-22-007245 (NetIncomeLoss)
  5. 10-K · period ending 2022-06-30 · accession 0001477932-23-006462 (NetIncomeLoss)
  6. 10-K · period ending 2023-06-30 · accession 0001477932-24-005762 (NetIncomeLoss)
  7. 10-K · period ending 2024-06-30 · accession 0001477932-25-006652 (NetIncomeLoss)
  8. 10-K · period ending 2021-06-30 · accession 0001477932-22-007245 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2022-06-30 · accession 0001477932-23-006462 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2023-06-30 · accession 0001477932-24-005762 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2024-06-30 · accession 0001477932-25-006652 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2021-06-30 · accession 0001731122-21-001546 (LongTermDebtCurrent)
  13. 10-K · period ending 2022-06-30 · accession 0001477932-22-007245 (LongTermDebtCurrent)
  14. 10-K · period ending 2023-06-30 · accession 0001477932-23-006462 (LongTermDebtCurrent)
  15. 10-K · period ending 2024-06-30 · accession 0001477932-25-006652 (LongTermDebtCurrent)
  16. 10-K · period ending 2025-06-30 · accession 0001477932-25-006652 (LongTermDebtNoncurrent)
  17. 10-K · period ending 2021-06-30 · accession 0001477932-22-007245 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2022-06-30 · accession 0001477932-23-006462 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2024-06-30 · accession 0001477932-25-006652 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)