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SEGMENT AND GEORAPHIC INFORMATION
9 Months Ended
Mar. 31, 2025
SEGMENT AND GEORAPHIC 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:

 

 

 

Nine Months Ending

March 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Revenue by segment

 

 

 

 

 

 

Lease revenues

 

$34,726

 

 

$31,904

 

Commission revenues from security product sales

 

 

 

 

 

 

Corporate revenues

 

 

 

 

 

 

Total revenue

 

$34,726

 

 

$31,904

 

 

 

 

 

 

 

 

 

 

Segment profitability

 

 

 

 

 

 

 

 

Lease income

 

$26,689

 

 

$24,473

 

Commission income (loss)from security product sales

 

 

-

 

 

 

-

 

Corporate income (loss)

 

 

(23,194 )

 

 

(21,625 )

Total segment profitability

 

$3,495

 

 

$2,848

 

 

 

 

Three Months Ending

March 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Revenue by segment

 

 

 

 

 

 

Lease revenues

 

$10,585

 

 

$10,770

 

Commission revenues from security product sales

 

 

 

 

 

 

Corporate revenues

 

 

 

 

 

 

Total revenue

 

$10,585

 

 

$10,770

 

 

 

 

 

 

 

 

 

 

Segment profitability

 

 

 

 

 

 

 

 

Lease income

 

$8,094

 

 

$7,799

 

Commission income (loss) from security product sales

 

 

-

 

 

 

(4 )

Corporate income (loss)

 

 

(5,276 )

 

 

(2,575 )

Total segment profitability

 

$2,818

 

 

$2,520

 

 

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 March 31:

 

2025

 

 

2024

 

Net Sales

 

 

 

 

 

 

United States

 

$-

 

 

$-

 

Denmark

 

 

10,585

 

 

 

10,770

 

Total

 

$10,585

 

 

$10,770

 

 

As of March 31, 2025 and June 30, 2024

 

Mar 31, 2025

 

 

June 30, 2024

 

Long-Lived Assets

 

 

 

 

 

 

United States

 

$-

 

 

$-

 

Denmark

 

 

585,649

 

 

 

579,588

 

Total

 

$585,649

 

 

$579,588

 

 

Nine Months Ending March 31:

 

2025

 

 

2024

 

Net Sales

 

 

 

 

 

 

United States

 

$-

 

 

$-

 

Denmark

 

 

34,726

 

 

 

31,904

 

Total

 

$34,726

 

 

$31,904

 

Three Months Ending March 31, 2025

 

 

ANV

 

 

Sharx

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$10,585

 

 

$

 

 

$

 

 

$10,585

 

Operating income (loss)

 

$10,379

 

 

$

 

 

$(5,276 )

 

$5,103

 

Other income (expense)

 

$(3 )

 

$

 

 

$

 

 

$(3 )

Total assets

 

$644,359

 

 

$

 

 

$150

 

 

$644,509

 

 

Three Months Ending March 31, 2024

 

 

ANV

 

 

Sharx

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$10,770

 

 

$

 

 

$

 

 

$10,770

 

Operating (loss) income

 

$10,666

 

 

$

 

 

$(5,275 )

 

$5,391

 

Other income (expense)

 

$

 

 

$

 

 

$

 

 

$

 

Total assets

 

$690,392

 

 

$

 

 

$150

 

 

$690,542

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ending March 31, 2025

 

 

ANV

 

 

Sharx

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$34,726

 

 

$

 

 

$

 

 

$34,726

 

Operating income (loss)

 

$33,867

 

 

$

 

 

$(23,194 )

 

$10,673

 

Other income (expense)

 

$349

 

 

$

 

 

$

 

 

$349

 

Total assets

 

$644,359

 

 

$

 

 

$150

 

 

$644,509

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ending March 31, 2024

 

 

ANV

 

 

Sharx

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$31,904

 

 

$

 

 

$

 

 

$31,904

 

Operating income (loss)

 

$31,088

 

 

$(8 )

 

$(21,625 )

 

$9,455

 

Other income (expense)

 

$295

 

 

$

 

 

$

 

 

$295

 

Total assets

 

$690,392

 

 

$

 

 

$150

 

 

$690,542