OLOX OLENOX INDUSTRIES INC.

Overview and Growth

OLENOX INDUSTRIES INC. generated $2.95M of revenue in fiscal 2025, with net loss of $18.82M and an operating cash outflow of $7.84M. At $2.95M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 40.7% from $4.98M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$165.22, adding a shareholder-level measure to the absolute income figures considered below. Diluted shares averaged 113.91K; this is the reported share base over which the company’s diluted per-share earnings were spread. The company employed $36.04M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.08x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The company recorded a $4.29M gross loss after reported cost of revenue. Relative to revenue, the gross deficit measured 145.3% before operating expenses. The reported operating result was an operating loss of $14.07M, reflecting costs that exceeded gross profit. The operating loss equaled 476.5% of revenue, showing the scale of the operating deficit relative to sales. The bottom-line result was a net loss of $18.82M after operating, financing, tax, and other recognized items. The net loss equaled 637.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. The company reported negative EBITDA of $13.60M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The company reported a pretax loss of $18.82M, before the effect of income taxes. The pretax loss equaled 637.4% of revenue, measuring the pre-tax deficit against sales. Relative to period-end equity, the net loss represented 248.0%. The loss-to-assets relationship was 52.2%, placing the bottom-line deficit against the company’s resource base. The net loss widened to $18.82M from $16.98M in fiscal 2024.

Liquidity and Capital Structure

Total assets were $36.04M, supported by $28.45M of liabilities and $7.59M of shareholder equity. Current assets were $1.46M against $25.81M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered only 0.06x of current liabilities, so current liabilities exceeded current assets at period end. Cash and equivalents totaled $427.87K, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 1.7% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $9.72M of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 1.28x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 27.0%, comparing borrowing with the total asset balance. Book equity represented 21.1% of total assets, quantifying the balance-sheet share supported by shareholder capital. Relative to total assets, liabilities measured 78.9%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 1.2%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 493.5% higher than fiscal 2024 assets of $6.07M, measuring the company’s own balance-sheet change. Compared with $375.87K in fiscal 2024, the current cash balance moved 13.8% and finished higher.

Cash Flow and Earnings Quality

Operating activities used $7.84M of cash, resulting in an operating cash outflow for the year. Cash absorbed by operations decreased from $9.30M in fiscal 2024 to $7.84M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.