OLENOX INDUSTRIES INC.
Financial highlights
| Metric | FY 12/31/24 | FY 12/31/23 | FY 12/30/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.0M | $16.5M | — | $24.4M | $38.3M |
| Cost of revenue | $5.2M | $19.1M | — | $21.1M | $36.0M |
| Gross profit | -$244,077 | -$2.6M | — | $3.3M | $2.3M |
| Operating expenses | $9.5M | $19.2M | — | $10.5M | $8.3M |
| Operating income | -$9.7M | -$21.7M | — | -$7.2M | -$6.0M |
| Interest expense | $3.1M | $2.6M | — | $336,239 | — |
| Pretax income | -$19.7M | -$22.6M | — | -$7.1M | -$5.9M |
| Net income | -$17.0M | -$26.3M | — | -$8.3M | -$10.8M |
| Balance Sheet | |||||
| Cash and equivalents | $375,873 | $14,212 | — | $582,776 | $13.0M |
| Current assets | $1.2M | $5.3M | — | $7.5M | $17.9M |
| Total assets | $6.1M | $17.2M | — | $26.6M | $34.9M |
| Current liabilities | $13.8M | $20.5M | — | $8.3M | $11.6M |
| Total liabilities | $18.5M | $23.5M | — | $12.1M | $13.2M |
| Total debt | $7.4M | $11.8M | $4.2M | $3.5M | — |
| Stockholders' equity | -$12.5M | -$7.5M | — | $14.8M | $20.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$9.3M | -$7.1M | — | -$5.6M | -$662,759 |
| Depreciation and amortization | $513,125 | $370,289 | — | $410,314 | $398,744 |
| Stock-based compensation | $1.2M | $653,575 | — | $2.8M | $1.6M |
| Capital expenditure | $90,374 | $600,064 | — | $2.8M | $4.8M |
| Free cash flow | -$9.4M | -$7.7M | — | -$8.4M | -$5.5M |
| Share repurchases | — | $42,716 | — | $49,680 | — |
| Impairments | $1.6M | $6.0M | — | $0 | — |
Shares outstanding 5.7M · Free float 31.6%
Annual filing data through FY ended December 31, 2024; float as of July 11, 2026.