OLOX
OLOX
Olenox Industries Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.05M ▲ | $1.43M ▼ | $-5.32M ▼ | -505.71% ▲ | $-12.68 ▲ | $-4.62M ▼ |
| Q2-2025 | $721.35K ▲ | $2.69M ▲ | $-4.57M ▼ | -634.07% ▼ | $-29.81 ▼ | $-3.3M ▼ |
| Q1-2025 | $566.35K ▼ | $1.51M ▼ | $-2.75M ▲ | -484.97% ▲ | $-28.8 ▲ | $-2.04M ▲ |
| Q4-2024 | $1.04M ▼ | $4.13M ▲ | $-6.62M ▼ | -633.62% ▼ | $-178.56 ▼ | $-5.37M ▼ |
| Q3-2024 | $1.75M | $2.12M | $-3.72M | -211.96% | $-113.92 | $-2.64M |
What's going well?
Revenue is up 46% and operating expenses are down nearly half, showing some cost discipline. The company also benefited from a large non-operating income item this quarter.
What's concerning?
The company is losing money on every sale, with costs far above revenue. Losses are rising, margins are deeply negative, and a big jump in share count means existing shareholders are getting diluted.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $3.02M ▲ | $54.11M ▲ | $29.17M ▼ | $24.94M ▲ |
| Q2-2025 | $2.77M ▲ | $53.74M ▲ | $30M ▲ | $23.74M ▲ |
| Q1-2025 | $230.51K ▼ | $49.17M ▲ | $28.09M ▲ | $21.08M ▲ |
| Q4-2024 | $375.87K ▲ | $6.07M ▼ | $18.53M ▲ | $-12.46M ▼ |
| Q3-2024 | $256.96K | $9.8M | $17.96M | $-8.16M |
What's financially strong about this company?
Shareholder equity is positive and growing, and total debt is moderate compared to the company's size. The company is not carrying unusual or hidden liabilities.
What are the financial risks or weaknesses?
Cash is dangerously low compared to bills coming due, and most assets are tied up in goodwill from past acquisitions. The company has a long history of losses and may need to raise money or sell assets to keep operating.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-5.32M ▼ | $-638.45K ▲ | $5.65K ▲ | $887.34K ▼ | $254.55K ▼ | $-632.79K ▲ |
| Q2-2025 | $-4.57M ▼ | $-1.87M ▼ | $-2.29M ▼ | $6.7M ▲ | $2.54M ▲ | $-2.16M ▼ |
| Q1-2025 | $-2.75M ▲ | $-1.31M ▼ | $-182.66K ▼ | $1.35M ▲ | $-145.36K ▼ | $-1.38M ▼ |
| Q4-2024 | $-6.52M ▼ | $-982.84K ▲ | $408.15K ▲ | $693.61K ▼ | $118.92K ▲ | $-1.07M ▲ |
| Q3-2024 | $-3.72M | $-5.3M | $-209.31K | $4.75M | $-759.83K | $-5.3M |
What's strong about this company's cash flow?
Cash burn is dropping fast—free cash flow improved by $1.5M this quarter. The company still has over $3M in cash and is not heavily diluting shareholders.
What are the cash flow concerns?
The business still relies on outside funding, now mainly debt, to survive. Working capital is draining cash, and without a turnaround, more funding will be needed.
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Construction Services Member | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Oil and Gas | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Other Member | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Subscription and Circulation | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Office | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Q3 2023 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Olenox Industries Inc.'s financial evolution and strategic trajectory over the past five years.
Olenox’s main strengths lie in its differentiated business model and technology portfolio rather than in its current financial performance. It has niche know-how in modular and containerized construction, proprietary medical waste and energy technologies, and a vertically integrated structure that can internally supply specialized infrastructure solutions. The company has also demonstrated an ability to attract capital in the past, enabling acquisitions and expansion into new segments. Strategically, it addresses long-term themes such as sustainable building, more efficient energy production, and environmental compliance.
The risk profile is high from both a financial and operational standpoint. Revenues have contracted sharply after an initial growth phase, and all key profit margins are deeply negative. The balance sheet shows negative equity, rising debt dependence, impaired assets, and very weak liquidity. Cash flows from operations and free cash flow are consistently negative and worsening, forcing reliance on external financing and asset sales. On top of this, Olenox faces intense competition from larger, better-funded peers and must manage the complexity of operating across multiple sectors while under financial strain.
The forward outlook is highly uncertain and hinges on Olenox’s ability to stabilize its revenue base, improve margins, and secure sufficient funding. If the company can successfully commercialize its modular, energy, and environmental technologies and capture profitable niches, its innovative and integrated model could eventually support a stronger financial profile. However, the current trajectory of losses, balance-sheet weakness, and cash burn suggests that significant restructuring, strategic refocusing, or new capital will likely be needed before any such potential can be realized. Investors and stakeholders may wish to view Olenox as a turnaround and execution story with meaningful upside in concept but substantial downside risk in practice.
About Olenox Industries Inc.
https://www.safeandgreenholdings.comOlenox Industries Inc. provides prefabricated modular structures using wood or steel as the base material for residential and commercial use in the United States. The company operates through three segments: Construction; Medical; and Development and Environmental.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.05M ▲ | $1.43M ▼ | $-5.32M ▼ | -505.71% ▲ | $-12.68 ▲ | $-4.62M ▼ |
| Q2-2025 | $721.35K ▲ | $2.69M ▲ | $-4.57M ▼ | -634.07% ▼ | $-29.81 ▼ | $-3.3M ▼ |
| Q1-2025 | $566.35K ▼ | $1.51M ▼ | $-2.75M ▲ | -484.97% ▲ | $-28.8 ▲ | $-2.04M ▲ |
| Q4-2024 | $1.04M ▼ | $4.13M ▲ | $-6.62M ▼ | -633.62% ▼ | $-178.56 ▼ | $-5.37M ▼ |
| Q3-2024 | $1.75M | $2.12M | $-3.72M | -211.96% | $-113.92 | $-2.64M |
What's going well?
Revenue is up 46% and operating expenses are down nearly half, showing some cost discipline. The company also benefited from a large non-operating income item this quarter.
What's concerning?
The company is losing money on every sale, with costs far above revenue. Losses are rising, margins are deeply negative, and a big jump in share count means existing shareholders are getting diluted.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $3.02M ▲ | $54.11M ▲ | $29.17M ▼ | $24.94M ▲ |
| Q2-2025 | $2.77M ▲ | $53.74M ▲ | $30M ▲ | $23.74M ▲ |
| Q1-2025 | $230.51K ▼ | $49.17M ▲ | $28.09M ▲ | $21.08M ▲ |
| Q4-2024 | $375.87K ▲ | $6.07M ▼ | $18.53M ▲ | $-12.46M ▼ |
| Q3-2024 | $256.96K | $9.8M | $17.96M | $-8.16M |
What's financially strong about this company?
Shareholder equity is positive and growing, and total debt is moderate compared to the company's size. The company is not carrying unusual or hidden liabilities.
What are the financial risks or weaknesses?
Cash is dangerously low compared to bills coming due, and most assets are tied up in goodwill from past acquisitions. The company has a long history of losses and may need to raise money or sell assets to keep operating.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-5.32M ▼ | $-638.45K ▲ | $5.65K ▲ | $887.34K ▼ | $254.55K ▼ | $-632.79K ▲ |
| Q2-2025 | $-4.57M ▼ | $-1.87M ▼ | $-2.29M ▼ | $6.7M ▲ | $2.54M ▲ | $-2.16M ▼ |
| Q1-2025 | $-2.75M ▲ | $-1.31M ▼ | $-182.66K ▼ | $1.35M ▲ | $-145.36K ▼ | $-1.38M ▼ |
| Q4-2024 | $-6.52M ▼ | $-982.84K ▲ | $408.15K ▲ | $693.61K ▼ | $118.92K ▲ | $-1.07M ▲ |
| Q3-2024 | $-3.72M | $-5.3M | $-209.31K | $4.75M | $-759.83K | $-5.3M |
What's strong about this company's cash flow?
Cash burn is dropping fast—free cash flow improved by $1.5M this quarter. The company still has over $3M in cash and is not heavily diluting shareholders.
What are the cash flow concerns?
The business still relies on outside funding, now mainly debt, to survive. Working capital is draining cash, and without a turnaround, more funding will be needed.
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Construction Services Member | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Oil and Gas | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Other Member | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Subscription and Circulation | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Office | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Q3 2023 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Olenox Industries Inc.'s financial evolution and strategic trajectory over the past five years.
Olenox’s main strengths lie in its differentiated business model and technology portfolio rather than in its current financial performance. It has niche know-how in modular and containerized construction, proprietary medical waste and energy technologies, and a vertically integrated structure that can internally supply specialized infrastructure solutions. The company has also demonstrated an ability to attract capital in the past, enabling acquisitions and expansion into new segments. Strategically, it addresses long-term themes such as sustainable building, more efficient energy production, and environmental compliance.
The risk profile is high from both a financial and operational standpoint. Revenues have contracted sharply after an initial growth phase, and all key profit margins are deeply negative. The balance sheet shows negative equity, rising debt dependence, impaired assets, and very weak liquidity. Cash flows from operations and free cash flow are consistently negative and worsening, forcing reliance on external financing and asset sales. On top of this, Olenox faces intense competition from larger, better-funded peers and must manage the complexity of operating across multiple sectors while under financial strain.
The forward outlook is highly uncertain and hinges on Olenox’s ability to stabilize its revenue base, improve margins, and secure sufficient funding. If the company can successfully commercialize its modular, energy, and environmental technologies and capture profitable niches, its innovative and integrated model could eventually support a stronger financial profile. However, the current trajectory of losses, balance-sheet weakness, and cash burn suggests that significant restructuring, strategic refocusing, or new capital will likely be needed before any such potential can be realized. Investors and stakeholders may wish to view Olenox as a turnaround and execution story with meaningful upside in concept but substantial downside risk in practice.

CEO
Michael D. McLaren
Compensation Summary
(Year 2023)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-09-08 | Reverse | 1:64 |
| 2024-05-02 | Reverse | 1:20 |
ETFs Holding This Stock
Summary
Showing Top 1 of 10
Ratings Snapshot
Rating : C

