Segment and Geographic Information

6 Months Ended

Dec. 31, 2024

Segment and Geographic Information

Segment And Geographic Information

NOTE 8 - Segment and Geographic Information

Segment Performance

We have three reporting segments:

● The ANV lease segment which leases land in Denmark by long term leases.

● The Sharx’s segment which generate commissions for the sale cargo security products.

● The Corporate segment, Advanced Oxygen Technologies, Inc. which does not generate revenues, but has administrative expenses.

The following table summarizes financial information regarding each reportable segment’s results of operations for the periods presented:

	Six Months Ending December 31,
	2024			2023
Revenue by segment
Lease revenues	$	24,141		$	21,134
Commission revenues from security product sales		—			—
Corporate revenues		—			—
Total revenue	$	24,141		$	21,134
Segment profitability
Lease income (loss)	$	18,595		$	16,674
Commission income (loss) from security product sales		-			4
Corporate income (loss)		(17,918	)		(16,350	)
Total segment profitability	$	677		$	328

	Three Months Ending December 31,
	2024			2023
Revenue by segment
Lease revenues	$	13,256		$	10,501
Commission revenues from security product sales		—			—
Corporate revenues		—			—
Total revenue	$	13,256		$	10,501
Segment profitability
Lease income	$	10,426		$	8,672
Commission income (loss) from security product sales		-			38
Corporate income (loss)		(5,274	)		(5,276	)
Total segment profitability	$	5,152		$	3,434

The following table presents net sales, based on the location in which the sale originated, and long-lived assets, representing property, plant and equipment, net of related depreciation, by geographic region. All of the assets are land that are held by the Company’s subsidiary, ANV.

Three Months Ending December 31:	2024		2023
Net Sales
United States	$	-	$	-
Denmark		13,256		10,501
Total	$	13,256	$	10,501

As of December 31, 2024 and June 30, 2024	Dec 31, 2024		June 30, 2024
Long-Lived Assets
United States	$	-	$	-
Denmark		563,277		579,588
Total	$	563,277	$	579,588

Six Months Ending December 31:	2024		2023
Net Sales
United States	$	-	$	-
Denmark		24,141		21,134
Total	$	24,141	$	21,134

Three Months Ending December 31, 2024
	ANV			Sharx		Corporate			Total
Net sales	$	13,256		$	—	$	—		$	13,256
Operating income (loss)	$	13,018		$	—	$	(5,274	)	$	7,744
Interest expense	$	(352	)	$	—	$	—		$	(352	)
Total assets	$	628,863		$	—	$	150		$	629,013

Three Months Ending December 31, 2023
	ANV			Sharx		Corporate			Total
Net sales	$	10,501		$	—	$	—		$	10,501
Operating income (loss)	$	10,082		$	27	$	(5,274	)	$	4,835
Interest expense	$	(363	)	$	—	$	—		$	(363	)
Total assets	$	708,505		$	—	$	150		$	708,655

Six Months Ending December 31, 2024
	ANV			Sharx		Corporate			Total
Net sales	$	24,141		$	—	$	—		$	24,141
Operating income (loss)	$	23,488		$	—	$	(17,918	)	$	5,570
Interest expense	$	(352	)	$	—	$	—		$	(352	)
Total assets	$	628,863		$	—	$	150		$	629,013

Six Months Ending December 31, 2023
	ANV			Sharx			Corporate			Total
Net sales	$	21,134		$	—		$	—		$	21,134
Operating income (loss)	$	20,422		$	(8	)	$	(16,350	)	$	4,064
Interest expense	$	(285	)	$	—		$	—		$	(285	)
Total assets	$	708,505		$	—		$	150		$	708,655